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FINANCIAL AID
Birmingham-Southern College Catalog 2015-2016
Federal Direct PLUS Program
Federal Pell Grant Program
Federal SEOG Program
Other Title IV Programs
Other federal, state, private, and institutional programs
Types and Sources of Financial Aid
The College offers a comprehensive financial aid program, including Title
IV Financial Aid, other government programs, competitive and academic
scholarships, honors scholarships, special scholarships, and endowed
scholarships.
Title IV Financial Aid
The College participates in all of the following Title IV financial aid
programs.
Federal Pell Grant
This grant is available to undergraduate students who have not received
a baccalaureate degree. Eligibility is determined by the Expected Family
Contribution (EFC) as calculated using information provided on the
FAFSA.
Federal Supplemental Educational Opportunity Grant (SEOG)
This grant is available to undergraduate students who have not received
a baccalaureate degree. Eligibility is based on the student’s EFC and the
availability of funds, and is determined by the Office of Financial Planning
using the information from the student’s FAFSA.
Federal Work Study
This program provides part-time employment for eligible students. As a
rule, a student works fewer than 10 hours each week. Work Study earnings
are paid monthly via the Birmingham-Southern College direct deposit
system. Eligibility for the limited Work Study program is determined by the
Office of Financial Planning and is based on demonstrated need and the
availability of funds.
Federal Perkins Loan
The College offers Federal Perkins Loans to students who demonstrate
exceptional financial need. The Perkins Loan is a five percent (5%) interest
loan on which no interest is charged to the borrower and payments are not
required as long as the student is enrolled at the College. Repayment begins