Types of Financial Aid

Listed below are some of the most common types of aid awarded to students at Kent State University at Stark.

GRANTS

Grants are a form of gift aid and do not have to be repaid. Students must demonstrate financial need as determined by the Department of Education.

  • Federal Pell Grant
    Pell Grant eligibility is based on financial need according to a formula that is determined by the Department of Education.
  • Federal Supplemental Educational Opportunity Grant (SEOG)
    The SEOG is a campus-based aid program with limited funding. This grant is intended for undergraduates with exceptional financial need.
  • Teacher Education Assistance for College and Higher Education (TEACH) Grant
    Students pursuing a career in teaching may qualify as long as the terms of the agreement are met.

STUDENT & PARENT LOANS

All students who meet the federal requirements are eligible for a Direct Loan. The lender for the Direct Loan program is the United States Department of Education.

  • Federal Direct Subsidized Loan
    This loan is based on financial need. The federal government pays the interest and the principle is deferred on the loan as long as you are enrolled at least half-time. Repayment begins six months after you graduate, leave school or drop below half-time status.
  • Federal Direct Unsubsidized Loan
    This loan is not based on financial need and you are responsible for the interest while in school. Repayment begins six months after you graduate, leave school or drop below half-time status.
  • Direct Parent Loan for Undergraduate Students (PLUS)
    The PLUS loan is for parents of dependent students who wish to borrow aid to cover the cost of their child’s education.
  • Federal Perkins Loan or Federal Nursing Loan
    This is a campus-based loan program for both undergraduate and graduate students with exceptional financial need. Repayment is made to the school beginning nine months after you graduate, leave school or drop below half-time status.

STUDENT EMPLOYMENT

  • Federal Work-Study
    Undergraduate students may be eligible for this program based on financial need. Eligible students work campus jobs and earn a paycheck that can be applied to financial expenses.