Grants are awarded from the government on the basis of financial need and are the largest source of financial aid. Grants are awards that you do not have to repay.
A Federal Pell Grant, unlike a loan, does not have to be repaid. Pell Grants are only awarded to undergraduate students who have not earned a bachelor's or professional degree and who demonstrate significant financial need. For many students, Pell Grants provide a foundation of financial aid to which other aid may be added. To determine if you are eligible, the U.S. Department of Education uses a standard formula, established by Congress, to evaluate the information you report on the Free Application for Federal Student Aid (FAFSA). The formula produces an Expected Family Contribution (EFC). This number is used by the Office of Scholarship and Financial Aid to award Pell Grants, as well as other types of aid. How much you receive depends not only on your EFC, but on your cost of attendance, whether you are a full or part-time student, and whether you attend for the full academic year. Eligibility is limited to 18 semesters for students receiving Pell Grant for the first time in 2008.
Minnesota residents who enroll at MSU Moorhead may qualify for aid through the Minnesota State Grant with eligibility for up to four years of full time enrollment. Aid eligibility is determined by the MSU Moorhead Office of Scholarship and Financial Aid. Awards are prorated on a credit by credit basis when enrollment is less than 15 credits per term. Students must apply every academic year by completing the Free Application for Federal Student Aid (FAFSA).
The Federal SEOG grant is available for undergraduates with financial need and who are eligible for Federal Pell Grant. Annual awards are determined by MSUM. This grant is renewable on a "first-applied, first-awarded" basis to students who meet the February 15 priority date. This grant is limited to students who have not received a baccalaureate degree and who continue to demonstrate exceptional financial need.
The new Teacher Education Assistance for College and Higher Education (TEACH) Grant Program provides up to $4,000 per year in grants for graduate and undergraduate students who intend to teach full-time in high-need subject areas for at least four years at a school(s) that serve students from low-income families.To be considered for a TEACH grant, you must be formally admitted to one of the following TEACH Grant-eligible programs of study at Minnesota State University Moorhead (MSUM):
Be formally admitted into a Teacher Education Program that is designated as a high-need program in the state you plan to teach and is listed on the Department of Education’s Annual Teacher Shortage Area Nationwide Listing located at www.ed.gov/about/offices/list/ope/pol/tsa.doc.
If you fail to complete the 4-year teaching obligation within 8 years of completing or ceasing your program of study, your grant will convert to an unsubsidized loan which will have to be repaid with interest accrued from the date the grant funds were first disbursed.
If you are selected to receive a TEACH Grant, EACH year you will need to:
Download the application form or contact the MSUM Office of Scholarship and Financial Aid at 1.800.593.7246 or 218.477.2251.
Minnesota Post-Secondary Child Care Grant
The Minnesota Post-Secondary Child Care Grant program provides financial assistance to students who are Minnesota residents, have children 12 and under (or 14 or younger if child is handicapped), are not receiving assistance under the Minnesota Family Investment Program (MFIP), and who demonstrate financial need for grants, to help pay for child care while pursuing their first undergraduate degree. Students who have completed a bachelor's degree and are now pursuing a graduate/professional degree are also eligible to apply.
The maximum award amount is $2,800 per eligible child per academic year and is based upon the income of the applicant and spouse, the number in the applicant's family, the number of eligible children within the family who need child care, and the applicant's level of enrollment. Awarding is done annually through an application process and is based on availability of funds.
For questions or to request an application, email: Jessica.Swedberg@mnstate.edu.
Minnesota GI Bill
The Minnesota GI Bill program was established in 2007 to provide postsecondary financial assistance to eligible Minnesota veterans and service members as well as eligible spouses and children of deceased or severely disabled eligible Minnesota veterans. Full-time undergraduate or graduate students may be eligible to receive up to $1,000 per semester or term and part-time students may be eligible to receive up to $500 per semester or term.
Go to website for eligibility requirements and application process. http://www.ohe.state.mn.us/mpg.cfm?pageID=1803