Federal Student Aid (FSA)

The first step is to seeking Federal Student Aid (FSA) is submitting a Free Application for Federal Student Aid (FAFSA) with our School Code: 032993 to determine eligibility and financial need.

Federal Grants

A grant is a type of financial aid that usually does not have to be repaid.
Pacific College participates in the Federal Pell Grant and the Federal Supplemental Educational Opportunity Grant (FSEOG) programs.

Federal Pell Grants are awarded only to undergraduate students, usually a student who has not yet earned a four-year bachelor’s degree. A Federal Pell Grant is awarded on the basis of financial need as determined by the results of the Free Application for Federal Student Aid (FAFSA).
Additional information about Federal Pell Grants can be found on the Federal Student Aid website: https://studentaid.gov/understand-aid/types/grants/pell

Federal Supplemental Educational Opportunity Grant (FSEOG) may be awarded for amounts between $200 and $4,000 a year depending on your financial need, when you apply, the amount of other aid you get, and the availability of funds.
Additional information about FSEOG can be found on the Federal Student Aid website: https://studentaid.gov/understand-aid/types/grants/fseog

Federal Loans

Federal loans made available to the student must be repaid by the student.
To apply for a federal loan, a student must first submit a Free Application for Federal Student Aid (FAFSA®). Based on the results of FAFSA, the school will provide a financial aid offer, which may include federal student loans. The school will provide instruction how to accept all or a part of the loan.

Before a federal loan can be disbursed, a student must complete Loan Entrance Counseling, a tool to ensure the student understands their obligation to repay the loan; and sign a Master Promissory Note, agreeing to the terms of the loan.

Students must complete Loan Exit Counseling when they leave school or drop below half-time enrollment. Exit counseling informs students of loan obligations and repayment responsibilities and options.

Direct Subsidized Loans are available to eligible undergraduate students with financial need as determined by the results of the Free Application for Federal Student Aid (FAFSA).
The interest rate is set by the U.S. Department of Education, and interest on the loan is not accrued while you are enrolled in school at least half-time nor during any applicable grace and deferment periods.

Direct Unsubsidized Loans are available to all eligible students who apply using FAFSA.
Interest, determined by the U.S. Department of Education, is charged during all periods, including while a student is enrolled in school.

Direct PLUS Loans are available to parents of dependent undergraduate students or graduate/professional students. Parents may borrow up to the cost of attendance, minus all other financial assistance, to help students with their educational expenses.
Interest is charged during all periods.

Additional information about federal direct loans can be found on the Federal Student Aid website: https://studentaid.gov/understand-aid/types/loans/subsidized-unsubsidized