Show Seeking financial aid Beyond Pell Student Pell-Student Student Y Educational Opportunity Grants Gloria Quick Associate Editor IT T is unlikely that someone will seek you out to offer you financial aid If you want it you'll need to inquire inquire inquire in in- quire about what's available and apply for it yourself Before receiving any other federal aid a Pell grant application application application ap ap- ap- ap must be completed completed completed com com- and a Student Aid Report SAR obtained Horizon published a step- step step by-step guide for this procedure procedure procedure dure on Feb 5 Peer eer counselors counselors counselors coun coun- are available daily in inthe inthe inthe the CC cafeteria to help A Agrant Agrant Agrant grant is student aid that does not have to be repaid Students eligible for Pell grants might also be eligible for a Student Educational Opportunity Opportunity Opportunity Op Op- Op- Op Grant This also does not have to be repaid However this grant differs from t the e Pel Pell I. I Whereas each student found eligible by federal processors will be awarded a Pell grant for the determined amount of eligibility only a limited number will receive funds Based on student enrollment enrollment enrollment enroll enroll- ment from the prior year federal processors determine what amount of funding will willbe willbe willbe be awarded to any accredited college The college then determines who receives those funds The same three advisors who analyze the SAR from processed Pell grant applications Cristi Cristi Easton Jeff Johnsen and Phil Katich are Katich-are are also responsible for making all determinations connected with funds According to Easton policy relies heavily on federal regulations and guidelines A college has the option to distribute as they choose as long longas as they dont don't depart from federal guidelines When compared with Pell fund regulations options for distributing funds are wide according to a spokesman spokesman spokesman spokes- spokes man from the Board of Regents For instance a college college col college col- col lege could choose to distribute distribute distribute dis dis- tribute to middle income income income in in- come students rather than to students with the lowest in in- comes Such a course might be followed if it w were re deter deter- mined that lower income students students students stu stu- stu- stu dents had more aid options available than middle income students Easton said current policy is to divide funds among the students whom advisors determine determine determine deter deter- mine to be most needy Easton Easton Easton ton said that funds are directly linked to the Family Contribution FC PC as determined by federal Pell grant processors The FC is the amount federal processors processors processors sors have determined that students spouses or and/or parents should contribute towards college expenses based on information in students' students Pell grant divides funds among many students resulting in smaller dollar amounts for each student Some colleges might give larger amounts to fewer stu stu- stu- stu dents Next year there should be more funds available available available avail avail- able to students because because because be be- cause of increased enrollment enrollment enrollment enroll enroll- ment in 1991 92 NEXT WORK STUDY WAIVERS LOANS t r |