Federal Programs
In order to be eligible for federal aid, students are required to enroll in a program of study leading to a degree or certificate. Eligible students shall receive financial aid as long as they comply with the Taft College Satisfactory Academic Progress Policy. Taft College does not participate in any federal student loan programs.
Federal Pell Grant
Federal Pell Grants are financial awards to help undergraduates pay for their college education. For many students, these grants provide a foundation of financial aid to which aid from other federal and non-federal sources may be added. Unlike loans, grants do not have to be repaid. The Federal Government established regulations limiting the duration of a student’s eligibility to receive a Federal Pell Grant to the equivalent of six (6) full time years.
The proposed maximum award for 2017-2018 is $5,920. Eligible students who have remaining lifetime eligibility are able to receive grants as long as they comply with the Satisfactory Academic Progress Policy.
Federal Supplemental Educational Opportunity Grant
The Federal Supplemental Educational Opportunity Grant (FSEOG) program is available to qualified undergraduate students with the greatest financial need and does not have to be repaid. Priority is given to Pell Grant recipients.
Eligible students may receive grants on a first come-first served basis, depending on their need, the availability of FSEOG funds at the college, and the amount of other aid awarded.
All undergraduate students who apply for financial aid are automatically considered for this grant.
Federal Work-Study Program
Work Study provides on campus jobs for eligible students. The Federal Work Study Program (FWSP) offers students the opportunity to earn money to help pay for educational expenses, learn/enhance employment skills and gain valuable experience. The hourly rate is at least the current minimum wage. The total work study award depends on the student's need, the amount of money the school has for the program and the amount of aid awarded from other programs. Taft College students currently enrolled may work up to a maximum of 20 hours per week. Students must be eligible for a Federal Pell Grant to be eligible for the Federal Work Study Program.
To participate in the program, students must maintain Satisfactory Academic Progress as determined by the college. Additional information is provided under the Satisfactory Academic Progress Policy (available in the Financial Aid Office & in the school catalog).