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Federal Pell Grant
The Pell Grant is a federal grant that provides funds up to $4050
based on the student’s financial need. Eligibility is determined by
completing the Free Application for Federal Student Aid (FAFSA).
Disbursements will be made directly to your student account at the
beginning of each semester.
Federal Supplemental Educational Opportunity Grant (FSEOG)
FSEOG grants are awarded by the school’s
financial aid office. To qualify, a student must also be a recipient
of a Pell Grant. Eligibility is determined by completion of the FAFSA.
North Carolina Legislative Tuition Grant (NCLTG)
The NCLTG is a state grant that is awarded to North Carolina
residents who attend an independent college. This grant is $1800 for
the 05-06 academic year. You must complete a state grant application
to apply for the NCLTG. If the student is awarded the grant, the funds
will be credited directly to the student’s account upon receipt from
the state. These funds generally arrive at the end of
November and March.
North Carolina Contractual
Grant
The
NC Contractual Grant is a need-based State grant.
Eligibility is determined by completing the FAFSA.
The student must also be a North Carolina resident.
North Carolina Student Incentive Grant (NCSIG)
The NCSIG is a state-run financial aid program for state residents.
North Carolina receives matching funds from the Federal government to
help fund the program. Applicants must complete the FAFSA prior to
March 15 of the award year to be considered for the NCSIG funds.
Awards are made by state agencies, not Montreat College.
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