Federal Grants & Loans

To qualify for federal grants, a student must be a degree-seeking undergraduate with no prior bachelor's degree, complete the FAFSA and meet set academic progress standards.

  • Pell Grant

    - an award to help the neediest students pay for college

    In order to qualify for a Pell Grant, you must complete the FAFSA and show financial need. You do not need to meet the March 1 priority deadline to qualify for a Pell Grant; however, keep in mind that a Pell Grant alone is not enough to cover the entire cost of attendance at FSU. Pell Grants do not need to be repaid.

    Visit the U.S. Department of Education's Pell Grant website for more information.

  • Federal Supplemental Education Opportunity Grant (FSEOG)

    - a need-based federal program administered by your college to supplement Pell Grants

    Students must complete the FAFSA and be eligible for a Pell Grant in order to qualify for the FSEOG. Unlike Pell Grant funding, FSEOG awards are limited by how much funding has been provided to Frostburg State University, so students must meet the March 1 priority deadline in order to qualify.

    Visit the U.S. Department of Education's FSEOG website for more information.

  • Federal Stafford Loan

    - fixed-rate loans for all students, with subsidized interest for students with financial need

    Stafford Loans come in two forms: subsidized and unsubsidized. Subsidized loans are available to students showing financial need on the FAFSA. The federal government pays the interest on subsidized loans for the student as long as they are enrolled at least half-time (6 credits). Unsubsidized loans are available to all students and incur interest normally. Students can make these interest payments while they are in school, or they can capitalize the interest. Capitalizing the interest means that the student is not required to make payments while in school; however, the interest continually builds, and the student will pay more for the loan in the long run.

    Visit the U.S. Department of Education's Stafford Loan website for more information.

  • Federal Perkins Loan

    The Federal Perkins Loan program expired on October 1, 2015. No new Perkins Loans will be awarded at FSU. If you are a student who has previously borrowed a Perkins Loan from FSU and are seeking information about repayment or deferment, please contact FSU's University & Student Billing Office at 301-687-4322.

  • Federal Direct PLUS Loan

    - a loan for adult students or the parents of undergraduates

    Direct PLUS Loans are available to the parents of undergraduate students and to graduate and professional students. Direct PLUS Loans have a fixed interest rate for the life of the loan. Adult students or their undergraduate children should complete the FAFSA and contact their school's Financial Aid Office for further instructions. Visit the U.S. Department of Education's Direct PLUS Loan website for more information.