Types of Financial Assistance
Grants are funds provided by federal and state sources. Scholarships are provided by private sources and by the university to qualifying students. Grants and scholarships do not have to be repaid.
Pell Grants are awarded by the federal government to those students who are found eligible after completing the FAFSA. A Pell Grant is applied directly to your student account and does not have to be repaid. The amount is determined according to eligibility supplied by the FAFSA and the humber of hours in which you enroll. Pell Grants are not available to students who have already completed a Bachelor’s Degree.
Supplemental Educational Opportunity Grant (SEOG):
The SEOG is a federal grant administered by the University. The SEOG is applied directly to your student account and does not have to be repaid. Students who complete the FAFSA by April 1 and who are eligible for a Pell Grant have first priority for the SEOG. Eligibility is determined by the results of the FAFSA. The amount is subject to change based on availability of funds.
State Grants and Scholarships
Oklahoma Tuition Aid Grant (OTAG):
OTAG is a grant awarded by the State of Oklahoma. Eligibility is determined by the results of the FAFSA and by the OTAG residency requirements. OTAG is applied directly to the student’s account and does not have to be repaid. The student must complete and mail the FAFSA by April 15 to be considered for the OTAG.
Oklahoma Tuition Equilization Grant (OTEG):
OTEG is a $2,000 per year state grant administered by the University. OTEG is applied directly to the student’s account and does not have to be repaid. The student must complete the FAFSA. Eligibility is based on parents’ adjusted gross income plus untaxed income being less than $50,000 per year. If the student is independent the eligibility is based on the students’ adjusted gross income plus untaxed income being less than $50,000 per year.
Oklahoma Promise (OHLAP):
Approximately $110 per credit hour for students who applied, were accepted, and who met OHLAP requirements as stated by the Oklahoma State Regents.
Direct Stafford Loans:
Student loans are funds provided by the federal government which must be repaid. Different types of student loans may be available, depending on your eligibility for each.