Sources Of Free Money
Federal Grants – range over $4000 for undergraduates seeking a first baccalaureate degree. Award eligibility is determined by the U.S. Department of Education. Visit the BCC Student Financial Services site for further resources.
Federal Supplemental Educational Opportunity Grants – for the first baccalaureate degree students enrolled at least half-time that demonstrate exception financial need.
Florida Student Assistance Grant (FSAG) – is need-based grant program for full-time and part-time students who need residency required and are seeking a first baccalaureate degree.
Florida Bright Futures scholarship Program – Includes several state-funded scholarship based on high school academic achievements. For additional information contact your high school counselor or call the Florida Department of Education.
BCC Scholarship – are awarded based on criteria established by Broward Community College. Information on available scholarships and application procedures is available on the web.
Private Scholarships – are awarded based on criteria established by donors, organizations and agencies that have made generous donations to Broward Community College Foundation.
Aviation Scholarships
Deadline date for these scholarships vary. Please check the Student Financial Services bulletin and the Aviation Department for further information and scholarship opportunities throughout the year. You can also access free scholarship information at www.fastweb.com and www.finaid.org/scholarships. Scholarships are announced frequently.
Veterans Benefits
Broward Community College is committed to providing services to veterans who have serves honorably in the United States armed forces and their eligible dependents. There are advisors on each campus to provide assistance with all phases of VA paper work. Broward Community College is approved for veterans training in Association Degree programs. Visit BCC veteran’s site for detailed information.
There are some scholarships available to veterans and their dependents. The Polly Shand Memorial Award (usually $500) is advertised each year in the fall on the bulletin boards of each Student Financial Services office. The State of Florida also provides scholarships for veterans.
Chapter 30 and 35 students: The Veterans Administration will pay a set monthly amount during training. You may use it towards tuition or flight time. The amount is determined by the number of credit hours attended toward your AS degree in the Professional Pilot Program.
Veterans should also check with their employer for a reimbursement plan. Some companies will pay the entire cost of tuition, books supplies and flight time. Work Study Opportunities
Federal Work-Study Program (FWSP) – awards for up to 20 hours of employment on campus per week. Paychecks are disbursed twice each, by mail or direct deposit. Funds are limited.
Florida Work Experience Program – is an off-campus work program designed to improve the quality of life for community residents, particularly low-income individuals, or to solve particular problems related to their needs. Students may work in areas that provide welfare, social service, transportation, public safety, crime prevention and recreation. Students also may work in services-related opportunities or youth corps. For more information on Florida programs, access this information at www.firn.edu/doe.
Loan Programs
Federal Subsidized Stafford Loans – are need-based and require that students be enrolled in at least six credits for each term that they wish to receive a student loan. The federal government pays the interest for the Federal Subsidized Stafford loan until six months after a student graduates or drops below a half-time status. This is when a student falls into a repayment status. Yearly maximums are $2,625 for freshmen and $3,500 for sophomore students.
Federal Unsubsidized Stafford Loans – are awarded to students who are not eligible for Federal Subsidized loan and are not need-based. Students must be enrolled for at least six credits for each term that they wish to receive a student loan. Students who qualify for only a portion of the federal subsidized loan may receive their remaining eligibility up to their annual loan limit in the Federal Unsubsidized loan. Borrowing Limits are $2,625 for freshmen and $3,500 for sophomore students. Independent students may borrow up to an additional $4,000 in the federal unsubsidized loan to cover their remaining financial need. Unlike the Federal Subsidized loan, the Federal Unsubsidized loan interest is not paid by the federal government and the interest begins t accrue once the loan is disbursed to the school. Borrowers may elect to pay their interest on a monthly basis. Repayments begin six months after a student graduates or drop below a half-time status.
Federal PLUS Loans - for parents of dependent students who want to borrow towards educational expenses. Maximum eligibility is equal to cost education minus other aid. Variable interest rate is not subsidized. Repayment of principal and interest begins within 60 days of the disbursement of the loan. Parents may be eligible to defer repayment until student graduates. In order to receive a PLUS loan students must apply first for a Federal Pell Grant and a Federal Stafford Loan and have been determined ineligible for these programs.
Alternative Loans
Alternative loans can help you fill the gap when federal loans, scholarships, grants and work-study programs don’t quite meet your financial needs. Alternative loans are different from the federal education loans such as the Federal Stafford and PLUS loans because alternative loans are not guaranteed by the federal government. Credit guidelines apply in determining your eligibility for alternative loans. Some suggested lenders for alternative loans include: |
Alpha Eta Rho – Scholarships available through the aviation fraternity. For further information, please contact Aviation
Sherri Poel Memorial Scholarship – To qualify for this award, a student must be enrolled in a professional technology program in aviation and enrolled in or completing a flight course. This scholarship covers all educational-related expenses, including flight hours.