Need-Based Assistance at The College

Kansas Comprehensive Grant

This grant is awarded on the basis of demonstrated financial need to residents of Kansas (residency must have been established one year prior to attending Ottawa University) who attend colleges in the state. In order to receive a Kansas Comprehensive Grant, a student must submit the FAFSA by April 1, be enrolled full-time, show a demonstrated level of financial need and maintain a 2.00 cumulative GPA. A student may be awarded KCG for a maximum of eight (8) semesters while earning their first undergraduate degree.

Perkins Student Loan

The Federal Perkins Student Loan program is administered by the University using federal and University funds. Eligible students must demonstrate financial need. Limited funds are available. Interest begins accruing for the student (5 percent simple interest rate) when repayment begins, which is nine months after the student is no longer enrolled at least half-time. These funds may have cancellation benefits; check with the Department of Financial Aid for details. Depending on when a student applies the level of need and the funding level of the school, a student can borrow up to $5,500 for each year of undergraduate study. The total amounts a student can borrow for their undergraduate work is $27,500.

Federal Work Study

This program provides jobs for undergraduate students with financial need allowing them to earn money to help pay expenses for education. The program encourages community service and work related to the student’s course of study. Most positions for employment are available on campus; however, there also may be a limited number of positions off campus. The wage received will be at least the curret federal minimum wage rate in effect at the time of employment. Students are paid every two weeks. The wages received cannot exceed the Federal Work Study award.