Financial Aid Services

Grants

Grants may be awarded if you show financial need based on the Free Application for Federal Student Aid. The grants listed here are administered by the Valencia Financial Aid Services Department based on the guidelines set for each program by the provider.

Federal Pell Grant

This is a need-based federal grant program for students who are seeking their first undergraduate degree and whose Estimated Family Contribution (EFC) is below 3300*. The annual award amount is determined by your EFC and enrollment status and may range from $400 to $4,050.

All students who establish eligibility will be funded, even late applicants. However, all documents must be received prior to your last day of enrollment, or June 30, 2005, whichever comes first.

Initial awards are estimated based on the results of the FAFSA. Estimates will change if any criteria used to determine your eligibility, such as major, degree status, satisfactory progress, and income or family information changes. Actual payment will not be determined until after the add-drop period has ended and classes have begun.

* The US Department of Education determines the EFC level each year and this designation is subject to change.

The amount actually paid to you from the Federal Pell Grant will be prorated if you enroll for less than 12 credit hours in a given term. You must begin attending all of your classes on the first day. If you are withdrawn for non-attendance prior to the actual payment of Pell Grant funds, payment for the withdrawn class(es) may not be made.

Federal Pell Grant awards may be used for the equivalent of 2 full time semesters each year. This means if you are full time in fall and spring terms, you will not have funding available for summer. Part time students may use their remaining eligibility in the summer term.


Federal Supplemental Educational Opportunity Grant (FSEOG)

This is a need-based federal grant awarded to undergraduates seeking a first undergraduate degree in an eligible program who have exceptional financial need. The award amount at Valencia is up to $500 per term. Priority is given to students with a family contribution of "0" who apply for financial aid early. You must enroll for a minimum of 6 credit hours to qualify.

Limited funding is available in this program, therefore late applicants are usually not considered.

Initial awards are estimated based on the results of the FAFSA. Estimates may change if any criteria used to determine your eligibility, such as major, degree status, satisfactory progress, and income or family contribution changes. Actual payment will not be determined until after the add-drop period has ended and classes have begun.

The amount actually paid to you from the FSEOG will be prorated if you enroll for less than 12 credit hours in a given term. You must begin attending all of your classes on the first day. If you are withdrawn for non-attendance prior to the actual payment of FSEOG funds, payment for the withdrawn class(es) may not be made.

Florida Student Assistance Grant (FSAG)

FSAG is a need-based program for students who meet Florida residency requirements. To qualify you must be seeking your first undergraduate degree, enroll in an AA or AS degree program and must also qualify for a Federal Pell Grant. The award amount at Valencia varies up to a maximum of $1400 per year. Priority is given to qualified renewal students and full-time students with high unmet financial need that apply for financial aid early.

Limited funding is available in this program, therefore late applicants are usually not considered.

Initial awards are estimated based on the results of the FAFSA. Estimates will change if any criteria used to determine your eligibility, such as residency, major, degree status, satisfactory progress, income or family information changes. Actual payment will not be determined until after the add-drop period has ended and classes have begun.

The amount actually paid to you from the FSAG will be prorated if you enroll for less than 12 credit hours in a given term. You must begin attending all of your classes on the first day. If you are withdrawn for non-attendance prior to the actual payment of FSAG funds, payment for the withdrawn class(es) will not be made.

FSAG is available for fall and spring terms only.

For additional details and regulations, visit www.floridastudentfinancialaid.org

Valencia Need Scholarship

This need-based program is provided by Valencia College to students seeking a degree in an eligible program. To qualify, you must have financial need but not be eligible for a Federal Pell Grant, and you must agree to not apply for a student loan. The award amount is for in-state tuition and fees only. Priority is given to students who apply for financial aid early. You must enroll for a minimum of 6 credit hours to qualify.

Bridges to Success Grant

This grant is awarded to students who participate in the Bridges to Success Program. The Bridges to Success program is available to disadvantaged high school graduates from Orange or Osceola county high schools that participated in Valencia's College Reach Out Program while in high school and enroll in Valencia the summer following high school.

All Bridges to Success students must apply for the Federal Pell Grant by completing the FAFSA and must establish eligibility prior to the first day of classes. The grant will pay for in-state tuition and fees, plus up to $300 per semester for books. The grant is renewable through graduation upon the recommendation of the program advisor. A 2.5 GPA and completion of 75% of attempted courses will be required for renewal. Bridges to Success students must participate in the summer term and must enroll in a minimum of 9 credit hours during fall and spring terms to qualify.