Financial Aid FR AMI NGHAM. E DU/ F I NANC I AL A I D FINANCIAL AID PROGRAMS AT FSU Students and parents of dependent students have the primary responsibility to pay for college. Financial aid is meant to supplement that responsibility. The information provided on the Free Application for Federal Student Aid (FAFSA) determines an expected family contribution (EFC). This is an estimate of the amount of money you (and your parents, if you are dependent) could reasonably contribute toward college costs for one year. You have financial need when your EFC is less than your estimated cost of attendance (COA). Most types of financial aid are offered on the basis of financial need. Framingham State par ticipates in a variety of federal , state, institutional , and private f inancial aid programs that can assist you with f inancing your college education. These programs consist of grants and scholarships, work, and loan programs. When reading the following section, please refer to the aid listed on your offer let ter. GRANT AND SCHOLARSHIP PROGRAMS Federal Pell Grant - is a need-based fund offered to full and par t-time undergraduate students who are seeking their f irst bachelor ’s degree. Eligibility is set by the federal government each year based on EFC. Federal Supplemental Educational Oppor tunity Grant (SEOG) - is a limited need-based fund offered to full -time undergraduate students who demonstrate high f inancial need. MASSGrant - is a need-based fund offered to full -time, high-need Massachusetts undergraduate residents based on EFC levels set by the Massachusetts Office of Student Financial Assistance each year. This offer is estimated until the state sets funding levels over the summer. MASSGrant Plus - The MASSGrant PLUS is a state grant awarded to full -time students that qualify for a Federal Pell Grant based on the FAFSA. This grant is intended to f ill unmet need for tuition, fees, and books for high-need Massachuset ts residents. Because of the grant ’s strict awarding rules, we may need to reduce or cancel your MASSGrant PLUS if you receive additional grant or scholarship aid. Your MASSGrant PLUS could also be canceled if your EFC changes as a result of f ile verif ication. This offer is estimated until the state sets funding levels later in the year. John and Abigail Adams Scholarship - is a merit-based fund that provides a 100% tuition waiver for full -time undergraduate Day Division students. Generally, students are informed of their eligibility for this scholarship program directly from the Massachuset ts Depar tment of Elementary and Secondary Education during the fall semester of their senior year in high school . Students must submit a copy of their eligibility let ter from the state to the FSU Financial Aid Off ice. Need-Based Tuition Waiver and FSU Grant - are need-based funds offered to full -time undergraduate Day Division students and funded by the state for Massachusetts residents. The University determines who is eligible and the offer value. A student ’s tuition can only be waived once, so if you receive another tuition waiver from the state (such as the Adams Scholarship) the Need-Based Tuition Waiver will be canceled. These funds are typically awarded to students living on-campus. Campus Housing Grants and Fee Grants - are need-based funds offered to undergraduate Day Division students. Students generally must be full -time to receive these funds, and preference is given to on-campus residents. Scholarships - Students admit ted to the Honors Program at FSU will receive a $3,000 merit-based scholarship if they enter the program. High-achieving students that are not admit ted to the Honors Program may be awarded a $1,000 Presidential Scholarship. Both scholarships may be renewed for up to eight semesters, as long as students meet the appropriate GPA requirement , and for Honors Scholarships, remain enrolled in the Honors Program. Students will be notif ied by the Admissions Off ice if they qualify for either scholarship. Merit Scholarships are only applicable to Day Division courses. FSU Scholarships and Foundation Scholarships - are offered to both new and returning students. Foundation Scholarships are made available through the generous support of donors to the University. These scholarships are part of the overall pool of financial aid resources available, and many are based on financial need. If you have been offered need-based aid by the University, a Foundation Scholarship may be offered later to replace some of the funding you have received. You may be asked to write a letter to the scholarship donor if you receive such an offer. Without the support of the Foundation, we would be unable to offer need-based financial aid to students at current levels. The Independent Association of Framingham State Alumni (IAFSA) offers scholarship oppor tunities from 25 funds each year. Upperclass students are eligible to apply for scholarships directly through IAFSA.
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