Types of Financial Aid
College of St. Joseph Grants and Scholarships
For full-time undergraduates. Recipients are selected by CSJ’s scholarship committee. Many are based on financial need and academic performance. Must have a FAFSA on file. Refer to College Catalog for more details.
Federal Financial Aid
Federal Grants- Pell Grant and Supplemental Educational Opportunity Grant (SEOG). Both of these grants are based on need.
Work Study-Based on need. Student employees receive a bi-weekly paycheck for hours worked. During the academic year we recommend that students not work more than 20 hours per week while attending classes. Employment is not guaranteed.
- Federal Work Study- funded by the Federal government, subject to availability of funds, student is paid directly for hours worked.
- College Work Scholarship is funded by the institution, subject to availability of funds, and these wages are credited to the student’s account if an outstanding balance exists.
Federal Loans
- Perkins – Guaranteed student loan-meaning no credit review required, based on need. Interest rate is fixed. Repayment begins nine months after recipient ceases to be enrolled. Available to full-time undergraduates students during their senior year based on eligibility requirements.
- Federal Direct Student Loans. Available for eligible students taking at least six credits in coursework that counts toward their degree program. Not based on credit review. There are two types: Subsidized and Unsubsidized. The subsidized is need based and the U.S. Department of Education pays the interest while the student is enrolled at least half-time. Unsubsidized is not need based and the interest is accuring from the start of the loan while in school.
- Federal Direct Grad PLUS Loan – Available to eligible graduate students only taking at least six credits in coursework that counts toward their degree program. Fixed rate, credit review is required.
- Federal Direct Plus Loan- For parent of dependent student enrolled in an undergraduate program at least half-time. PLUS loan, fixed interest, repayment starts 60 days after full disbursement.
