Financial Aid Based on Need
Pell Grants are awarded to students who have not earned a bachelor’s or professional degree (a professional degree would include a degree in a field such as pharmacy or dentistry). For many students, Pell Grants provide a foundation of financial aid to which other aid may be added. The maximum Pell Grant for the 2005-2006 award year was $4,050.
The amount a student receives is determined by the Expected Family Contribution (EFC) as calculated using information provided on the FAFSA, the cost of attendance, and enrollment status (full-time or part-time). Federal Pell Grants are applied directly to students’ accounts with the UMF Student Accounts Office each semester.
For more information about Pell Grants, visit the U.S. Dept. of Education’s Student Guide site, below.
Federal Supplemental Educational Opportunity Grants
Federal Supplemental Educational Opportunity Grants (SEOG) are awarded to undergraduate students with exceptional financial need. UMF gives priority for SEOG funds to on-time financial aid applicants who receive Pell Grants. The maximum SEOG award at UMF was $1,500 for the 2005-2006 academic year.
For more information about Federal Supplemental Educational Opportunity Grants, visit the U.S. Dept. of Education’s Student Guide site, below.
Need-Based University Scholarships
Need-based University Scholarships are awarded to on-time financial aid applicants who demonstrate financial need, as determined by information provided on the FAFSA. Award amounts vary depending on financial need.
State Scholarships
The Maine State Grant (MSG) Program provides scholarships to Maine residents pursuing education beyond high school. At UMF, the maximum MSG award for a full-time student at UMF is $1,200 per academic year.
To apply for a Maine State Grant, a student must mail a completed FAFSA or Renewal FAFSA so that it is received by the Federal processor by May 1. To be eligible for a Maine State Grant, a student must be a Maine resident for at least one year prior to application, have graduated from an approved secondary school or received a GED, be enrolled in an eligible school for a first undergraduate degree, have financial need as determined by information provided on the FAFSA, and must meet general Federal requirements for student financial assistance.
For more information on Maine State Grants and other assistance programs offered by the state, visit the Finance Authority of Maine (FAME) site, below. Students from other states should contact their state education agency for information about their state’s education assistance programs.