Federal Student Aid Program
Federal Programs
All students are encouraged to complete the Free Application for Federal Student Aid (FAFSA).
Students who submit a FAFSA expand their financial aid opportunities, regardless of their demonstrated financial need.
Eligibility for grants, loans, and student employment further reduce your costs.
Types of Federal Aid
Click the name of any program for more information.
| Program | Amount | Eligibility |
| | Up to $5,550; no repayment required |
Students with financial need that have an Expected Family Contribution (EFC) of $4,995 or less
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| Up to $4,000; no repayment required | Students with financial need |
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Varies; no repayment required
| Students with financial need |
Federal Perkins
Loan Program |
Up to $4,000 per year with a maximum of $20,000 for undergraduate education
| Students with financial need |
| | Up to $3,500 for first year, $4,500 for second, and $5,500 for each year thereafter.
Additional unsubsidized loan money may also be available.
| Students with financial need. |
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Maximum award is $5,500 per year for first year. (If the student receives a Subsidized Stafford Loan, that amount is deducted from the $5,500.) Interest accrues on the loan at a fixed rate of 6.8%. Second-year students can receive a total of $6,500, and a maximum of $7,500 for each year after.
Additional unsubsidized loan money is also available for a student if a parent does not meet the requirements of the Federal PLUS Loan program.
| Students do not have to demonstrate financial need. |
| | Up to total cost of education less other financial aid | Parents of dependent students |
| | Up to $16,000 for Juniors/
Seniors admitted in the Teacher Education Program or up to $8,000 for MAT or MAEd students.
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Complete the Free Application for Federal Student Aid (FAFSA), be a US citizen or eligible non-citizen, enrolled in coursework that is necessary to begin a career in teaching or plan to complete such course work, meet certain academic achievement requirements, and sign a TEACH Grant agreement to serve.
Click here for Bellarmine's policy on the TEACH Grant.
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