PEL students have access to a variety of grants, loans, and scholarships through state, federal, and private resources. To determine your eligibility for all federal and state grants and loans, please complete the Free Application for Federal Student Aid (FAFSA). The Eckerd College school code is 001487.
Here are some of the financial aid and scholarship opportunities available to PEL students:
As a Florida resident attending a private institution full time, you may qualify for $3000 in grant money which does not need to be repaid and is not based on income.
To be eligible for FRAG, a student needs to:
- be a permanent resident of Florida for one year prior to the beginning of the academic semester
- be enrolled as a full time student during the semester
- complete FAFSA on file by October 1st for Fall Semester consideration and by February 1st for Spring Semester consideration
Note: Students who did not receive FRAG the previous year must also complete the Florida Residency Affidavit and return it with the required documentation.
You may also qualify for a Federal Pell Grant of up to $5,815 (for academic year 2016-2017) that does not require repayment as well as additional student loans. To be eligible, a student needs to:
- be enrolled and making satisfactory progress in a program leading to a degree
- not owe a refund on a Federal Grant
- not be in default on a Federal student loan
- be registered for the Selective Service (male only)
- be an U.S. citizen or other eligible resident
- has not reached the Pell Grant lifetime eligibility used (LEU) of 600%
The Federal Pell Grant is awarded to students with financial need and based on the Expected Family Contribution and enrollment status. The award is reduced for less than full time study.
Eckerd College awards internal scholarship money to PEL students. Last year, more than $100,000 in scholarship money was disbursed to PEL students.
Institutionally administered scholarships are available to qualified incoming and current PEL students. Priority is given to students with financial need, however other eligibility requirements may include students’ academic level, field of study, county of residence, and other personal or biographical information. Students may be awarded scholarships once per academic year. If you would like to be considered for an award please contact an admission counselor or your academic advisor.
The Federal Direct Loan is a low interest loan program available to all students.
Repayment begins six months after the borrower is no longer enrolled at least half time for a period of up to ten years. The interest on the Federal Direct Loan is subsidized (paid by the federal government on the student’s behalf) for students with financial need. While interest accrues on an unsubsidized Federal Direct Loan, the interest payments may be capitalized, with unpaid interest added to the principal balance when repayment begins.
The maximum amount a student can borrow is based on grade level.
|Freshman||$5,500 – Not more than $3,500 may be subsidized|
|Sophomore||$6,500 – Not more than $4,500 may be subsidized|
|Junior||$7,500 – Not more than $5,500 may be subsidized|
|Senior||$7,500 – Not more than $5,500 may be subsidized|
Visit the Federal Direct Loan website for current rates.
The Federal SEOG Grant is awarded by Eckerd College to students who receive the Federal Pell Grant and demonstrate extreme financial need. These funds are limited and students are encouraged to apply prior to the priority deadline to receive full consideration.
Visit the SEOG website for more info.
Other Scholarship Opportunities
- Black Excel
“A resource for all, especially for African-American families and first-generation college students.” –Isaac Black, founder.
This site offers scholarship sources specifically designed for the adult learner.
- Common Knowledge Scholarships
Administered by Nova Southeastern University’s Fischler School of Education, Common Knowledge Scholarship Foundation scholarship competitions consist of one or more quizzes with topics ranging from general “common knowledge” to specific academic subjects, books, websites, and even movies. Scores are based on a combination of time and accuracy. Students with the highest scores at the end of the competition win.
- Energy Telecommunications & Electrical Association’s Wayne V. Black Scholarship
This scholarship, funded by the Energy Telecommunications & Electrical Association (ENTELEC) is available to full-time students majoring in Pre-Law, Political Science, and communications-related STEM fields.
This site offers free scholarship searches. Taking into consideration your demographic profile, your specific situation, your area of study and other factors, FastWeb can quickly scan thousands of scholarship opportunities that you may be eligible for and will even email you more as they become available.
- The Hispanic College Fund
A private, non-profit organization providing scholarships to Hispanic students pursuing careers in business.
- FAFSA: Free Application for Federal Student Aid
In addition to the free application, the FAFSA site has information about all aspects of planning your financial aid strategy, along with lists of resources to find scholarships and grant opportunities.
- Federal Student Aid (FSA) ID
The FSA ID number can be used as your digital signature when completing the FAFSA online.
- Internal Revenue Service
The official site of the IRS. Offers information about tax breaks for education.
- National Student Loan Data System
The National Student Loan Data System (NSLDS) is the U.S. Department of Education’s central database for student aid. You may view your Federal Pell grant and student loan history from this site.