School of Professional Studies - William Jessup University

2010-2011
4. Be enrolled for at least six units to qualify for state aid and student loans. The student must be enrolled for at least three units
to qualify for federal grants and institutional aid. If units are dropped during the semester, the amount of financial aid
awarded is subject to change.
5. Not be currently in default on a prior student loan or owe money to a Federal Student Aid program.
Federal Aid
To apply for federal and state aid programs, students must submit the Free Application for Federal Student Aid (FAFSA). These
programs are:
Pell Grant: This federal grant, based on financial need, is available only to students working toward their first Bachelor’s degree.
Awards range from $400 to $4,310.
Federal Supplemental Educational Opportunity Grant (FSEOG): This is a federal grant for students with exceptional need.
Student must have received a Pell Grant to be eligible for any FSEOG funds.
Federal Stafford Loan: This federal student loan program provides low interest loans from eligible banks to help pay educational
expenses for students who attend at least half time (six units). Loans vary in amount based upon each student’s grade level and
dependency status. Students may be eligible for a Subsidized Stafford Loan, in which the government pays the interest on the
loan while students are in school and during the grace period, and/or an Unsubsidized Stafford Loan, for which the student is
responsible for paying the interest either during or after school. Repayment on Stafford Loans begins six months after a student
graduates, drops below half-time or withdraws from school.
Federal PLUS Loan (Parent Loan for Undergraduate Students): This federal loan program provides loans at low interest rates to
parents of eligible students (the student must still be ‘Dependent’ according to the FAFSA). There are three repayment options:
1. Immediate repayment of loan principal and interest within sixty days of the full disbursement of the loan
2. Interest only payments while the student remains in school
3. Deferment of all payments until the student graduates or drops out of school (interest accumulates and is added to the
principal of the loan)
Federal Work Study (FWS): This program enables Pell eligible students to earn a portion of their financial aid award through
federally subsidized employment through WJU. Work study jobs are available both on and off campus.
Veteran’s Educational Benefits & Vocational Rehabilitation Benefits: William Jessup University is approved for coordination of
both of these programs. Specific documentation will need to be provided by the student and it is the student’s responsibility to
notify the Financial Aid Office of eligibility in either program.
State Aid
Cal Grant A: This grant, awarded by the State of California, is based on California residency, GPA and financial need. Students
must submit the FAFSA and a GPA Verification Form by March 2 in order to be considered for Cal Grant. If you are homeschooled
and a WASC accredited school cannot certify your high-school GPA, you can use your GED or ACT/SAT scores. The
California Student Aid Commission will use your test score for Cal Grant consideration purposes.
Cal Grant B & Cal Grant B Access: This state grant is available for California residents only from low-income, disadvantaged
backgrounds who have high potential and demonstrate financial need. In the first year of college, a student would receive an
Access Grant only – $1,551 for books and living expenses. The Financial Aid Office will apply the Access Grant to a student’s
charges at WJU each year unless a written request is submitted to the Financial Aid Office requesting the money be disbursed
directly to the student. In subsequent years, the award will consist of the normal Cal Grant amount plus the Access Grant
(disbursement policy for the Access Grant applies each year).
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