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• The amount you receive depends on your need.
• The amount and your need are determined by ¶¥¼¶¹ú²úÊÓƵ’s Office of Financial Assistance upon review of the . This form is completed by the student, custodial and non-custodial parent as required, and remitted by the applicable deadline.

• $6,095 maximum (2018-2019)
• Your need is determined by your .
• Your eligibility is determined by the U.S. Department of Education.
• You must be working toward your first bachelor’s degree.
• The amount of your grant is based on the number of courses for which you will register, as well as your calculated .

• $2,500 maximum
• Available if you have demonstrated exceptional financial need
• Your need is determined by your .
• Priority is given to Federal Pell Grant-eligible students.

• Only some states participate in state grant programs. Grants vary, depending on the state.
• You must be a legal resident of your home state.
• You must be a full-time student pursuing your first bachelor’s degree.
• Your eligibility and need are usually determined by your .
• Important to note: You may need to file a Ìý²ú±ð´Ú´Ç°ù±ðÌý¶¥¼¶¹ú²úÊÓƵ’s deadline.
• You will be notified of your eligibility by your state.

• $2,500 maximum
• Your need is determined by your .
• You must be an eligible, full-time undergraduate student.
• You must be a permanent resident of Massachusetts.
• Funding is allocated by the Commonwealth of Massachusetts to ¶¥¼¶¹ú²úÊÓƵ for distribution.

• 2,000 maximum award
• Eligibility for FWS award determined by need level per FAFSA
• A work-study award is not a guarantee of employment or the amount you will earn. Your award offer is the limit of your potential earnings
• All students are able to work on campus regardless of FWS award. Students are notified in the summer when they can begin to apply for part-time employment
• Funds earned at jobs are not deducted from the bill; they can be used for personal expenses like books, supplies or saved for future billed charges.
• Earnings are taxable and are reported on the tax return you file
• Please visit our Frequently Asked Questions page for more information

By completing a , you will be automatically considered for a . ³Û´Ç³Ü°ùÌý determines your . If you are a new student, ¶¥¼¶¹ú²úÊÓƵ will send your award letter by mid-March. Using your EFC, ¶¥¼¶¹ú²úÊÓƵ will recommend both your Stafford loan amount and type.

³Û´Ç³Ü°ùÌý amount (determined by your ):

• First-year students: up to $3,500
• Sophomores: up to $4,500
• Juniors and seniors: up to $5,500

The type of  you will receive (subsidized or unsubsidized):

Subsidized:

• Interest is subsidized by the federal government, meaning it is paid for you while you are in school.
• You will assume repayment of your loan six months after you cease to be enrolled at least half-time.

Unsubsidized:

• The federal government does not pay interest on the unsubsidized portion of the loan while you are in school.
• You will be responsible for interest payments.
• You can choose either to (1) make the interest payments while you are in school or (2) allow the interest to accrue and be capitalized prior to repayment.
• Principal repayment does not begin until six months after you leave school or drop to less than half-time enrollment.

You should not borrow more than you need or will be able to repay. If you are a first-time borrower of the , the federal government requires you to complete  and a .

You will be notified over the summer regarding these requirements.

• Offered by the Commonwealth of Massachusetts through ¶¥¼¶¹ú²úÊÓƵ.
• Undergraduate students who are residents of Massachusetts are eligible.
• Due to limited funding, this loan generally is awarded to upper class students with high financial need.
• Your need is determined by your  and state funding. You must meet all eligibility criteria established by the Commonwealth.
• Your loan amount depends on your need and ¶¥¼¶¹ú²úÊÓƵ’s allocation from the state.
• No interest accrues.
• Repayment begins six months after you graduate or drop below half-time enrollment.