After completing the FAFSA, most students don't realize why they completed the form. The FAFSA is your application for grants, and also loans and work-study if you wish.
The types of aid that ULM processes are grants, loans, alternative loans and federal work-study employment.
Includes Federal Pell Grants, Federal Supplemental Educational Opportunity Grants (FSEOG), and Louisiana Go Grants. Link to more information about grants.
Includes Direct (subsidized & unsubsidized), Health Professions, Direct Parent Plus, and Graduate Plus Loans. Link for more information about Loans.
Alternative, or private educational loans, are designed to assist students and their families who are either not eligible for federal loans, or who need additional education financing. Link for more information about alternative loans.
The positions are processed by the Office of Financial Aid. For more information, see campus employment.
Financial Aid for Certificate Programs
Post-baccalaureate undergraduate certificate programs are offered to students who have already obtained their bachelor’s degree. Students who enroll in a post-baccalaureate certificate program should be aware that they will have restricted financial aid eligibility which will only cover courses that are required by the certificate. No course substitutions, transfer work, or pre-requisite courses are covered by financial aid. To be eligible for federal loans students must be enrolled in at least 6 credit hours of undergraduate courses of the certificate-required coursework. Optional courses that students elect to take for professional recognition, advancement, to raise GPA, or that the University of Louisiana at Monroe recommends, do not qualify for financial aid.
Students that are eligible to receive financial aid will be awarded loans as fifth year undergraduates and are bound by the undergraduate loan limits. Awards must also stay within a student’s cost of attendance. No student will be eligible for Pell grant because all students enrolled in the certificate program will already have received an undergraduate degree. Post-baccalaureate certificates must also meet satisfactory academic progress (SAP) requirements and are held to the federal repeater course policy. As certificate programs require less hours than traditional degree programs, students should be careful to plan their enrollment with their financial needs.
Post-Baccalaureate Certificate Programs Eligible for Financial Aid:
All students receiving Federal Financial Aid are required to meet minimum Standards of Satisfactory Academic Progress (SAP) to maintain eligibility.