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Financial Aid - Programs

The following federal and state programs are available at Great Falls College Montana State University. Students apply for each of these through the FAFSA application unless otherwise noted.

Federal Direct Stafford Loans
Federal student loans are a form of self-help aid for students enrolled in an eligible program of study.  Student eligibility is determined by the FAFSA which determines whether loan funds are need based or non need based.  Students must be enrolled at least ½ time (6-8 credits) to qualify for funding and must be otherwise eligible for federal student aid.  Student loan disbursements are made after the drop/add period for each term. A student’s enrollment status for loan eligibility is based on credits carried at the end of the drop/add period for the term.  Student loans are aid that must be repaid once a student ceases enrollment. 

 

Federal Pell Grant
A Federal Pell Grant is a form of gift aid for students enrolled in an eligible program of study, who do not already have a bachelor’s degree. The amount of the Federal Pell Grant is determined by the Expected Family Contribution on the federal Student Aid Report, the number of credits in which the student is enrolled, and the student’s educational budget for the award year. Federal Pell Grant disbursements are made after the drop/add period for each term. A student’s enrollment status for Federal Pell Grant eligibility is based on credits carried at the end of the drop/add period for the term.

All students are limited to the equivalent of 12 full time semesters of Pell Grant eligibility for undergraduate work for their lifetime.

Federal Supplemental Education Opportunity Grants (FSEOG)
Federal Supplemental Educational Opportunity Grants are a form of gift aid. Student eligibility is determined by completing the FAFSA. Preference for the FSEOG is given to students who have Federal Pell Grant eligibility and who are early applicants. Funding is limited and is awarded on a first-come, first-served basis.

 

Federal Work-Study
The Federal Work-Study Program offers part-time employment for eligible students. Students seeking eligibility under this program must complete the FAFSA. A student’s earnings are limited to the amount awarded through the Financial Aid Office. Federal Work-Study students are paid every other week according to the State of Montana payroll schedule. Federal Work-Study jobs may be on campus or in an off campus community service organization. Funding is limited and is awarded on a first-come, first-served basis.

 

Governor’s Postsecondary Scholarship - Need Based
Governor’s Postsecondary Need Based Scholarships are available to entering freshmen who demonstrate unmet need as determined by the FAFSA, are Montana residents, and are degree seeking. The amount of the award is $1000 and may be renewable for up to two years. Funding is limited and recipients are selected by the Financial Aid Office based on annual funding levels.

 

Montana Baker Grant (MTAP)
The Montana Baker Grant is available to Montana students who are enrolled full time and earned a predetermined amount of income the previous year. Receipt of other aid may affect eligibility. Grants are between $100-$1000 depending on an individual’s eligibility. Funding is limited and is awarded on a first-come, first-served basis.

 

Montana Higher Education Grant (MTHEG)
Montana Higher Education Grants are a federal and state form of gift aid. Students must have financial need and be a Montana resident. Student eligibility is determined by submitting the FAFSA. Students with Federal Pell Grant eligibility and who apply early have preference. Funding is limited and is awarded on a first-come, first-served basis.

 

State Work-Study
The state Work-Study Program offers part-time employment for eligible students who are Montana residents. Students seeking eligibility under this program must complete the Free Application for Federal Student Aid (FAFSA). A student’s earnings are limited to the amount awarded through the Financial Aid Office. State Work-Study students are paid every other week according to the State of Montana payroll schedule. State Work-Study positions are all located on campus. Funding is limited and is awarded on a first-come, first-served basis.

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