A student must complete and submit the Free Application for Federal Student Aid (FAFSA) to apply for federal student aid. The U. S. Department of Education uses the information from the FAFSA to determine eligibility for federal funds. For West Virginia residents, the West Virginia Higher Education Policy Commission also uses the information from the FAFSA to determine eligibility for state funds. The West Virginia State University Office of Financial Aid and Scholarships reviews this information to complete Financial Aid Awards to students.
| Type of Aid | Repayment Required | Program Details and Requirements | Annual Amount |
|---|---|---|---|
| Federal Pell Grant | NO | EFC between $0 and $7,395 Award based on financial need. Available to undergraduate students. Must maintain Satisfactory Academic Progress (SAP). | Up to $7395 Proportionate to enrollment status. |
| Federal SEOG Grant | NO | For undergraduate students with exceptional financial need. Pell Grant recipients take priority. Must maintain Satisfactory Academic Progress (SAP). | $100-$1,000 |
| Federal Work Study | NO | Federal financial aid money earned while attending school. For undergraduate students. Apply in Office of Career Services. Must maintain a 2.00 overall GPA. Must maintain Satisfactory Academic Progress (SAP). | $100-$9,600 |
| Direct Subsidized Stafford Loan | YES | U.S. Department of Education pays interest on the subsidized loan while the borrower is in school, during six month grace, and deferment periods. Student must be enrolled at least half-time (6 credit hours) per semester and have financial need. Must maintain Satisfactory Academic Progress (SAP). | $3,500-Freshman $4,500-Sophomore $5,500-Junior/Senior *May be reduced based on annual need. Proportionate to enrollment status. |
| Direct Unsubsidized Stafford Loan | YES | Yes -Interest accrues immediately upon disbursement of the loan and accrues thereafter. The borrower must be enrolled at least half-time (6 credit hours) per semester. Must maintain Satisfactory Academic Progress (SAP). | $2,000-Undergraduate, Dependent $6,000-Freshman/Sophomore, Independent $7,000-Junior/Senior, Independent $20,500-Graduate Proportionate to enrollment status. |
Direct Parent PLUS Loan | YES | Borrowed by Parents of Dependent Students Students must be enrolled at least half-time (6 credit hours) per semester. Interest accrues immediately upon disbursement of the loan and accrues thereafter. Repayment begins 60 days after second disbursement unless otherwise requested during application. Eligibility is based upon credit check completed during Parent PLUS Request Application at studentaid.gov. Borrower must reapply each academic year. | Maximum amount is $20,000 per child in college – not to exceed cost of attendance. |
| West Virginia Higher Education Grant | NO | Student must be a West Virginia resident at least 12 months prior to the application. Parents of the student must be a West Virginia resident at least 12 months prior to the application. High School Graduate Student must submit FAFSA by April 15th Demonstrate Financial Need (EFC between $0 and $13,000). For annual renewal, student must maintain 2.0 GPA. | up to $3,400 per year/ up to $1,700 per semester |
| Promise Scholarship | NO | Student must graduate from a WV high school with a 3.0 and meet minimum core requirements. Student must receive 21 on ACT Composite or 1080 on SAT. Student must complete FAFSA by March 1. For annual renewal, student must maintain 2.75 GPA and complete 30 credit hours each academic year. (Fall & Spring) | $5,500 per year |
| Survivors’ and Dependents’ Educational Assistance (DEA) Chapter 35 Veteran Benefits | NO | Monthly financial support for school, job training, or apprenticeships to eligible spouses and children of Veterans or service members. | For more information, please visit the Office of Military Affairs. |
| Veteran Readiness and Employment (VR & E) Chapter 31 Veteran Benefits | NO | Provides eligible beneficiaries with tuition, fees, books, and school supplies through payments made directly to the school. Eligible beneficiaries may also be eligible for a monthly stipend. | For more information, please visit the Office of Military Affairs. |
| GI Bill® Veteran Benefits | NO | More information about education benefits offered by VA is available at the official U.S. government Web site at https://www.benefits.va.gov/gibill. | For more information, please visit the Office of Military Affairs. |
Cohort Loan Default Rate:
West Virginia State University’s cohort loan default rate for Fiscal Year (FY) 2022 was 0%. The national cohort loan default rate for FY 2022 was also 0%, reflecting the continued impact of the federal student loan payment pause implemented in response to the COVID-19 pandemic.