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Federal & State Aid

Federal Aid

Federal assistance to pay for college is available from several different programs. These include need-based grants, subsidized and unsubsidized loans, parent (PLUS) loans and federal work-study programs. CIU is authorized by the United States Department of Education to assist students working toward a degree from CIU.

For Federal Direct Loans a student must be enrolled at least half-time in fall, spring, or summer semesters.

The following chart gives an explanation of the federal programs available to students attending CIU:

Name of AwardEligibility RequirementsAmount of AwardHow to ApplyRenewal Policy
Federal Pell Grant – for undergraduate studentsEligibility is determined according to federal law and is based on the financial information you and your family provide on your FAFSA; must have financial need; student must not already have a bachelor's degreeMaximum of $5,550 for 2011-2012Submit FAFSA

Submit FAFSA Annually

Federal Supplemental Educational Opportunity Grant (SEOG) – for undergraduate studentsPell Grant recipients with exceptional financial needUp to $1,000Submit FAFSA

Submit FAFSA Annually

Federal Work - Study ProgramFinancial NeedVaries; student usually works less than 20 hours per weekSubmit FAFSA and CIU Campus Employment Application

Submit FAFSA Annually

Federal Direct Loan Subsidized/Unsubsidized (dependent student)Subsidized loan is awarded to students with demonstarted need; U.S. Government pays the interest while student is in school; unsubsidized loan is awarded if need is met; student has the option of paying interest while in college or deferring it

Loan Limits:

$5,500 Freshman $6,500 Sophomore $7,500 Junior and Senior

Submit FAFSA; accept award and complete entrance counseling and  master promissory note

Submit FAFSA Annually

Federal Direct Loan Subsidized/Unsubsidized (independent student)Subsidized loan is awarded to students with demonstarted need; U.S. Government pays the interest while student is in school; unsubsidized loan is awarded if need is met; student has the option of paying interest while in college or deferring it

Loan Limits:

$9,500 Freshman $10,500 Sophomore $12,500 Junior and Senior

Submit FAFSA; accept award and complete entrance counseling and complete master promissory note

Submit FAFSA Annually

Federal Direct Loan of Undergraduate Student (PLUS)Parents of dependent undergraduate studentCost of attendance minus other financial aidSubmit FAFSA;  accept award and complete entrance counseling and complete master promissory note

Submit FAFSA Annually

State Aid

Financial assistance is available to undergraduate South Carolina residents attending college at a South Carolina institution.  CIU is authorized by the SC Commission on Higher Education to award state aid based on both need and academic achievement.

For state aid a student must be enrolled for a minimum of 12 hours in fall and spring semesters.

The following chart gives an explanation of financial assistance available to South Carolina students attending CIU:

Name of AwardEligibility RequirementsAmount of AwardHow to ApplyRenewal Policy

South CarolinaTuition Grant

Rank in the top 75% of high school class; 2.0+ GPA; 900+ SAT or 19+ ACT; must also have financial need

Must be a full time undergraduate student

Determined each year by SC General AssemblySubmit FAFSA by June 30Submit FAFSA by June 30; complete minimum 24 credit hours per academic year; sign SC certification form
Palmetto Fellows Scholarship

Academic Excellence - Contact your High School Guidance Counselor for details

Must be a full time undergraduate student

$6,700 Freshman year $7,500 Sophomore, Junior and Senior years

Awarded by the SC Commission on HIgher Education;  www.che.sc.gov

Submit FAFSA; maintain 3.0 GPA and complete 30 hours per academic year;  sign SC certifications form

SC LIFE Scholarship

Must meet two of these three: 3.0+ HS GPA based on the SC Uniform Grading Scale; 1100+ SAT/24+ ACT; or top 30% of graduating class

Must be a full time undergraduate student

$5,000Awarded based upon high school transcript for freshman year; awarded based upon college transcript after freshman yearSubmit FAFSA; maintain a cumulative LIFE GPA of 3.0+; complete 30 credit hours per academic year; sign SC certification form
SC HOPE Scholarship (freshmen only)

HS GPA of 3.0+ based upon the SC Uniform Grading Scale

Must be a full time undergraduate student

$2,800

Awarded based upon high school transcript for freshman year; may qualify for LIFE Scholarship based upon college transcript after freshman year

Not renewable, however a student may qualify for the LIFE Scholarship after their first year.