State and Federal Grants
Louisiana's Tuition Opportunity Program for Students (TOPS) is a comprehensive program of state scholarships and can be applied to you Centenary education. Eligibility is determined by the state. The program is subject to legislative revision and funding issues. Students must be residents of Louisiana. Amounts awarded to private institutions in 2014-15 ranged from $4648 - $5448. The Free Application for Federal Student Aid (FAFSA) serves as the state's application. Please visit the state's TOPS website for detailed information.
Louisiana GO Grant
The Louisiana GO Grant is a need-based financial aid program aimed at making college more affordable for students from moderate- and low-income families. Louisiana resident students who are eligible for and receive the Federal Pell Grant may be eligible for the Louisiana GO Grant (funding permits). Elgible full-time students may receive up to $3000 per academic year. Eligible part-time students may receive up to $1500 per year. Enrollment criteria: Louisiana resident admitted and enrolled as a certificate or degree-seeking undergraduate student at a Louisiana public or private (LAICU) college or university. The eligible student must have remaining financial need after deducting Estimated Family Contribution (EFC) and all federal/state/institutional grant or scholarship aid (“gift aid”) from student’s Cost of Attendance (COA).
Federal Pell Grant
Federal Pell Grants are awarded directly to students by the federal government once the Free Application for Federal Student Aid (FAFSA) has been filed and verified. The amount for which a student is eligible is determined individually by the U.S. Department of Education. The maximum amount in 2014-15 is $5,730 per year. Students who have financial need and meet eligibility requirements can receive a Pell Grant as long as they are making satisfactory progress toward their undergraduate degree.
Federal Supplemental Educational Opportunity Grants (FSEOG) are awarded to undergraduate students who demonstrate exceptional financial need through the filing of the Free Application for Federal Student Aid (FAFSA). These grants range from $100 to $4,000 per year, although funding is very limited.
Federal TEACH Grant
Through the College Cost Reduction and Access Act of 2007, Congress created the Teacher Education Assistance for College and Higher Education (TEACH) Grant Program that provides grants of up to $4,000 per year to students who intend to teach in a public or private elementary or secondary school that serves students from low-income families. In exchange for receiving a TEACH Grant, a student must agree to serve as a full-time teacher in a high-need field in a public or private elementary or secondary school that serves low-income students. As a recipient of a TEACH Grant, a student must teach for at least four academic years within eight calendar years of completing the program of study for which he/she received a TEACH Grant. If the student fails to complete this service obligation, all amounts of TEACH Grants that the student received will be converted to a Federal Direct Unsubsidized Stafford Loan which must be repaid to the U.S. Department of Education. The student will be charged interest from the date the grant(s) was disbursed. The Federal TEACH Grant will only be awarded to students who specifically request the grant, complete the TEACH entrance counseling and ‘ability-to-serve’ certification and file the Free Application for Federal Student Aid (FAFSA)..