Funding Your Education

Federal Pell Grants 
These grants are awarded to undergraduate students who have not yet earned a bachelor’s degree and who demonstrate financial need. Federal Pell Grants range from $626 to $5,775 per year (full-time amounts), depending on the student’s need level. 

Federal Supplemental Educational Opportunity Grants (SEOG) 
These grants are awarded to undergraduate students who demonstrate exceptional financial need. The value of SEOG grants is set by the federal government and may vary from year to year. The amount of funding for this grant is limited. Grants are awarded on a first-come first served basis. It is important to fill out the FAFSA by the priority deadline. 

Federal Work Study 
A program that allows undergraduate and graduate students with financial need to work part-time in order to help pay educational expenses. Students must apply for employment and be hired in order to participate in the work study program. 

Federal Direct Parent Loan for Undergraduate Students (PLUS) 
Low-interest loan offered to the parent(s) of dependent undergraduate students. The PLUS loan is subject to credit approval. Repayment begins 60 days after final disbursement. However, the parent may qualify for deferment under certain circumstances. 

William D. Ford Federal Direct Loan Program 
This loan program enables students to obtain long-term, low-interest loans to help pay for their educational expenses. Any student with financial need who is enrolled at Stritch at least half time in a degree or certificate program, and who is a citizen or an eligible non-citizen may apply. Applicants must maintain satisfactory academic progress. A student must complete the FAFSA prior to applying for Direct Loans. Repayment begins 6 months after a student ceases to attend or falls below half-time enrollment. 

Direct Loans are either subsidized or unsubsidized. Subsidized loans are awarded based on financial need. The government pays interest on the loan until repayment begins and during periods of deferment. An unsubsidized loan is not awarded based on need, and interest is charged from the time the loan is disbursed until it is paid in full.

Wisconsin residents who have not already earned a bachelor’s degree and plan to enroll at least half-time. 

Wisconsin Grant 
A $2,900 need-based state grant available for eligible Wisconsin resident undergraduates Eligibility cannot exceed ten semesters. 

Wisconsin Talent Incentive Program (TIP) 
A grant designed for low income students and students who traditionally might not attend college. The student must hold freshman status to receive the grant initially. The maximum grant is $1,800 per year for first year students, and up to $1,800 for subsequent years. Wisconsin residency is required. To continue to receive the TIP Grant, students must be enrolled for consecutive terms and continue to show financial need. Eligibility cannot exceed ten semesters. 

Wisconsin Minority Undergraduate Retention Grant 
A grant for students of African American, American Indian, Cambodian, Laotian, Vietnamese or Hispanic (including Puerto Rican and Cuban) heritage. The grant provides assistance to sophomore, junior, and senior minority students with financial need. Wisconsin residency is required. 

Indian Student Assistance Grant 
A grant for Wisconsin residents who are at least 25% Native American and are undergraduate or graduate students enrolled in degree or certificate programs. Awards are based on financial need with a limit of ten semesters of eligibility. 

Hearing and Visually Handicapped Student Grant 
A grant for Wisconsin residents who show financial need and have a severe or profound hearing or visual impairment. Students are eligible to receive up to $1,800 per year for up to ten semesters. Please notify the financial aid department of your potential eligibility. 

Academic Excellence Scholarship 
Awarded to Wisconsin high school seniors who have the highest grade point average in each public and private high school throughout the State of Wisconsin. The number of scholarships each high school is eligible for is based on total student enrollment. In order to receive a scholarship, a student must be enrolled on a full-time basis by September 30th of the academic year following the academic year in which he or she was designated as a scholar, at a participating institution in the state. The value of the scholarship is $2,250 per year, to be applied towards tuition. Half of the scholarship is funded by the state, while the remaining half is matched by the institution. Eligibility cannot exceed eight semesters. 

Minority Teacher Loan 
A state loan program for students of African American, American Indian, Laotian, Cambodian, Vietnamese or Hispanic heritage, who are undergraduate juniors, seniors or graduate students, with a 2.5 or greater cumulative GPA, and are enrolled at least half-time in a program leading to teacher licensure. 

Nursing Student Loan 
A state loan program that provides loans to Wisconsin resident undergraduates or graduate students who are enrolled at least half-time at an eligible in-state institution that prepares them to be licensed as nurses, either RN or LPN. The maximum award per year is $3,000 with an overall maximum of $15,000. A student who participates in this program must contractually agree to be employed as a licensed nurse in Wisconsin.