|
The Financial Aid Office of Messenger College exists to help
students find a way to finance their education.
It is the goal of the Financial Aid Office that students do not
leave Messenger College with an indebtedness that prevents them from
fulfilling the call of God to a ministry that may not provide a
large salary.
In order to assist students financially, Messenger College
participates in the Federal Student aid program.
A student who files a Free Application for Federal Student
Aid (FAFSA)
may qualify for the
awards listed below.
Federal Grants
-
PELL Grant-
based on financial need.
Maximum Award is $5,350 for Fall and Spring terms and up
to an additional $5,350 for Summer terms.
-
SEOG (grant)-
students who are eligible for the PELL Grant may also receive
the SEOG. Average
award is $100/yr
-
Academic Competitiveness Grant (ACG)- based on completion of rigorous
High School Program and financial need.
Award is $750 for the freshman year and $1300 for the
sophomore year.
Federal Loan Programs
(All student loans
must be repaid according to loan terms)
-
Subsidized
Loan-
based on financial need.
The federal government pays the interest on the loan
while the student is in school. Payments are deferred until 6
months after graduation or student is enrolled in less than 6
credit hours. Freshman Eligibility is $3500.oo per year
-
Unsubsidized Loan-
Interest accrues while student is in school (6.8%). Payments are
deferred until 6 months after graduation or student is enrolled
in less than 6 credit hours. Dependent students are eligible for
$2000.00 per year.
Independent freshman (if over the age of 24, married or parent
is denied the PLUS loan) are eligible for $6000.00 per year.
-
Parent
(PLUS) loan-
Loan made to parents at 8.5% interest, credit approval is
required.
How to Apply for Financial Aid:
Beginning June 1, 2009
Messenger College is pleased to offer a state of the art Virtual
Financial Aid Office (VFAO) to better assist you with application
and processing of financial aid awards.
In order to complete the Financial Aid process you must
follow the steps below:
Step 1 - Complete a FAFSA -
FAFSA
Completion of the Free Application for Federal Student Aid (FAFSA)
will determine your eligibility for the Federal Pell Grant, and
Federal Student Loans.
Print a copy for your records once
you have submitted the application.
The copy will contain the Estimated Family Contribution (EFC)
number that you will need to complete your VFAO Interview. If you
need assistance with your FAFSA please call 1-800-4FED-AID.
Step 2 - Each student must complete a VFAO Interview -
MC-VFAO Your
Financial Aid can not be processed until you have completed the VFAO
Interview. Once the
interview is complete, you will be able to view an
estimate of your
financial aid package. In
order to complete the VFAO Interview, you will need your EFC
(Expected Family Contribution), which is generated by completing the
FAFSA. You will also
need to know the number of credit hours and the term you plan to
enroll in. Your
financial aid package may be adjusted according to actual hours of
enrollment once registration is complete.
For further information contact
Sheri Shackelford, Financial Aid Director at:
finaid@messengercollege.edu
Phone: (417) 624-7070 ext. 156
Fax: (417)624-5070
Mail: 300 E. 50th St
Joplin, MO 64804 |