The Office of Financial Aid at Beacon College makes a variety of scholarships, grants, work opportunities, and loans available to eligible students. Parents and students are expected to make the maximum possible contribution to meet the student's educational expenses. Many students qualify for some form of financial aid and are encouraged to apply for aid by completing a Free Application for Federal Student Aid (FAFSA) at
www.fafsa.ed.gov and the Beacon College Financial Aid Application.
Beacon College Steps for Applying for Financial Aid
Beacon College Financial Aid Application
Beacon College Correction Consent Form
Florida Resident Access Grant Application (FRAG)
Dependent Verification Worksheet
Independent Verification Worksheet
Federal Pell Grant
The Federal Pell Grant is a federal aid program which provides federal assistance for students to attend post-high school educational institutions. In order to be eligible for the Pell Grant, students must complete the FAFSA and demonstrate financial need.
Federal Supplemental Educational Opportunity Grant (SEOG)
The Supplemental Educational Opportunity Grant (SEOG) is a grant aid sponsored by the federal government. Eligibility for SEOG assistance requires a student be enrolled at least half-time, demonstrate exceptional financial need, and be a Pell grant recipient.
Florida Resident Access Grant (FRAG)
The Florida Resident Access Grant (FRAG) provides grants to all Florida students who attend a private, post-secondary institution. Students must complete the Application for Florida Resident Access Grant and return it to the Financial Aid Office. The grant amount is determined every year by the Florida Department of Education.
Florida Student Assistance Grant (FSAG)
The Florida Student Assistance Grant (FSAG) provides grants to Florida students that have exceptional need. The amount of the grant is based on the financial need of the student and Beacon College's cost of attendance. The FAFSA application is used to determine eligibility. This grant varies every year and is awarded on a first come, first serve basis.
Federal Stafford Student Loan (Subsidized and Unsubsidized)
Undergraduate students may borrow up to $3,500 for the first year (1-29 credits) and up to $4,500 in the second year (30 credits) from an approved lending agency. This loan is subject to verified financial need and not to exceed educational costs. Independent students may borrow an additional $4,000 if they qualify. Repayment begins six months after graduation, leave school, or drop below half-time enrollment, with a fixed interest rate that changes on July 1st every year.
Federal Parent Loans for Undergraduate Students (PLUS)
These loans are made to parents of college students by banks or credit unions to provide additional funds for education expenses. Repayment begins 60 days after the funds are issued. A parent may borrow up to the full cost of education, less any financial aid the student is receiving. It is the parent's responsibility to apply for Federal PLUS Loans.
Beacon College Scholarships and Work Study Program
Beacon College provides scholarships to students who demonstrate financial need. Need is determined based on information obtained from the FAFSA. The following scholarships are available:
- Beacon College Community Service Scholarship
- Beacon College Scholarship for Advancement of Students with LD
- Jamie Botwick Memorial Scholarship
- Emil E. Brodbeck Book Scholarship
- Kathleen J. Brodbeck Advancement of Women Scholarship
- Paul and Dorothy Heim Civic Award Scholarship
- President's Award for Academic Scholarship
The Interest-Free Monthly Payment Plan
To help you afford education expenses, Beacon College is pleased to make the services of Tuition Management Systems available to you and your family. Tuition Management Systems’ Interest-Free Monthly Payment Option allows you to spread your education expenses over monthly installments for only a small enrollment fee. There is no interest and no pre-qualification or credit check for this service. With this payment plan you have 24-hour access to account information through Tuition Management Systems’ web site, toll-free automated account information, and personal account service Monday through Saturday. Education Payment Partners are available to help you determine the best payment option for your education costs.
This is a popular option with many of our families because it reduces the need to borrow and it gives families more control over their savings.
For more information on your specific payment options or to enroll in the Interest-Free Monthly Payment Plan, visit Tuition Management Systems’ web site at www.afford.com/beaconcollege or call 1-800-722-4867 and speak with an Education Payment Partner.
Work Study Program
Beacon College provides employment opportunities on campus for students. Placement is contingent upon completion of FAFSA, student eligibility, availability of funds, and number of applicants. Funds are used to offset the cost of education. Beacon College uses the results of the FAFSA to aid in the determination of the student's award amount.
Students are also encouraged to search for scholarships via the Internet sites listed below:
http://www.fastweb.com
http://www.finaid.org/otheraid/ld.phtml
http://www.collegeboard.org
http://www.scholarships.com
