Federal Aid

Federal Assistance

Saint Leo University (SLU) administers the following Federal student financial aid programs:

Federal Pell Grant A federal grant funded by the U.S. Government for undergraduate students. A grant does not have to be repaid.
Eligibility Requirements Go to financial aid web page Financial Aid Eligibility Requirements for general and program-related requirements.
Aid Awarded A full-time award will be made, if a student has a Pell Grant eligible expected family contribution (EFC) and meets all eligibility requirements. Note: In 2012-13, an EFC less than 4996 is Pell Grant eligible.
Annual Award Amount for an Academic Year The U.S. Department of Education announces the Pell Grant Payment Schedule each year; amounts vary from year to year. In 2012-13, an academic year award ranged from $5,550 (for a zero EFC) to $602 (for an EFC of 4901 -4995).
Disbursement A Pell Grant is awarded in two disbursements (one each term, i.e., semester) an academic year for students attending University campus. Term based students receive a disbursement each 8-week term.

Federal Iraq & Afghanistan Service Grant (IASG)

Federal Iraq & Afghanistan Service Grant A federal grant funded by the U.S. Government for undergraduate students. A grant does not have to be repaid.
Eligibility Requirements If a student is not eligible for a Pell Grant only because of that program's need requirements and the student’s parent or guardian died as a result of military service in Iraq or Afghanistan after Sept. 11, 2001, this service grant may be awarded. Other eligibility requirements may apply.
Aid Awarded The grant award is equal to the amount of a maximum Federal Pell Grant for the award year but cannot exceed a student’s cost of attendance for that award year.
Annual Award Amount for an Academic Year The U.S. Department of Education announces the Iraq & Afghanistan Service Grant award amount; amount varies from year to year. In 2012-13, an academic year award was up to $5,550 not to exceed the cost of attendance.
Disbursement The Iraq & Afghanistan Service Grant is awarded in two disbursements (one each term, i.e., semester) an academic year.

Federal Supplemental Educational Opportunity Grant (SEOG)

Federal Supplemental Educational Opportunity Grant A federal grant funded by the U.S. Government for undergraduate students. A grant does not have to be repaid.
Eligibility Requirements Go to financial aid web page Financial Aid Eligibility Requirements for general and program-related requirements.
Aid Awarded Awarded to undergraduate students that demonstrate exceptional financial need, are Pell Grant eligible, and have not earned a bachelor's degree. Funds are very limited.
Annual Award Amount for an Academic Year Awards range from $500 to $1,000 per academic year. Students with extenuating circumstances may be awarded up to $4,000, which is the federal regulatory maximum award allowed.
Disbursement The Federal Supplemental Educational Opportunity Grant is awarded in two disbursements (one each term, i.e., semester) an academic year.

Teacher Education Assistance for College and Higher Education Grant (TEACH Grant)

Teacher Education Assistance for College and Higher Education Grant A federal grant funded by the U.S. Government that provides funds to students who are completing or who plan to complete coursework that is required to begin a career in teaching, and who agree to teach full-time for at least four years. Terms and conditions of the grant include a service obligation. If the service obligation is not fulfilled, the grant converts to an unsubsidized loan.
Eligibility Requirements Recipient signs an Agreement to Serve (ATS) that states the student agrees to teach full-time for at least four years (i.e. service obligation):
  • As a highly qualified teacher;
  • At a school or educational service agency (ESA) servicing low-income students;
    and
  • In a high-need field.
Go to financial aid web page Financial Aid Eligibility Requirements for general requirements. Click here for detailed information regarding the TEACH grant.
Aid Awarded Awarded to students enrolled in an eligible TEACH grant program and maintain at least a cumulative GPA of 3.25. The student must agree to the terms and conditions of the TEACH grant which includes a service obligation. If the service obligation is not fulfilled the grant (of a portion of the grant) is converted to a Direct unsubsidized loan.
Annual Award Amount for an Academic Year Awards range up to $4000 per year.
Complete TEACH Grant Counseling and Agreement to Serve (ATS) Complete TEACH Grant Initial and Subsequent Counseling (TEACH Grant counseling) each year that you receive a TEACH Grant before you sign an Agreement to Serve (ATS) for that year and prior to disbursement of aid.
Disbursement The TEACH Grant is awarded in two disbursements (one each term, i.e., semester) an academic year.

Federal Work Study Program (FWS)

Federal Work Study Program The Federal Undergraduate Work-Study Program provides, hourly-wage, part-time jobs for students with financial need. Due to limited Federal funds, student employment is based on a first come, first serve basis. Interested students must complete the FAFSA and indicate that they are interested in Federal Work Study and have eligibility. As Federal Work Study is awarded, deadlines will be placed on completing the employment paperwork prior to beginning of employment.
Eligibility Requirements Go to financial aid web page Financial Aid Eligibility Requirements for general and program-related requirements.
Aid Awarded Awarded to students with exceptional financial need, is based on fund availability. Students must file a Free Application for Federal Student Aid (FAFSA) as part of the application process for FWS assistance. For more information go to Student Employment.
Annual Award Amount for an Academic Year Maximum award amount : $3500
Disbursement Work study students receive a pay check on the 15th and last day of the month.