Federal & State Programs for Full-Time Undergraduate Students

The University of St. Francis participates in the following federal and state programs. All students must complete the Free Application for Federal Student Aid (FAFSA) in order to determine eligibility. For additional information about federal and state aid, please visit our financial Aid website.

To apply for financial assistance, please visit www.fafsa.ed.gov. The FAFSA school code for USF is 001664

Federal Pell Grant Program

Award Range: $602 – $5,550

Family Contribution < $4,996

Federal SEOG Grant Program

Award Range: $400 – $4,000
Pell recipient w/need

Federal TEACH Grant Program

Award Range: Up to $4,000 annually
Must be enrolled in coursework that is necessary to begin a career in teaching
Meet certain academic achievement requirements
Sign a TEACH Agreement to Serve in a low-income school
(The TEACH Grant reverts to a loan if you fail to fulfill requirements)

Federal College Work-Study

Award Range: Up to $3,000 annually

Financial Need

Federal Carl D. Perkins Loan

Award Range: Up to $4,000 annually

Financial Need

Federal Direct Subsidized Loan

(Total combination of Subsidized and Unsubsidized cannot exceed ranges)
Award Range: Up to $3,500 for Freshman; $4,500 for Sophomores; $5,500 for juniors and seniors

Financial Need, 6.80% fixed interest rate as of July 1, 2012

Federal Direct Unsubsidized Loan

(Total combination of Subsidized and Unsubsidized cannot exceed ranges)
Award Range: Up to $5,500 for Freshman; $6,500 for Sophomores; $7,500 for juniors and seniors;
An additional $4,000 is available for independent students as of July 1, 2012

6.80% fixed interest rate as of July 1, 2012

Federal Direct Parent Loan (PLUS)

Award Range: Up to full cost of attendance less any other assistance

7.90% fixed interest rate as of July 1, 2012. Payments begin immediately.

State Aid Programs for Full-Time Undergraduate Students

To apply for financial assistance, please visit www.fafsa.ed.gov. The FAFSA school code for USF is 001664

Illinois Monetary Award Program

Award Range: $400 – $4,720 Annually

Financial Need, Illinois residency

Illinois Future Teachers Corps

Programs require teaching commitment upon graduation – If the applicant fails to meet the commitment, the scholarships become a loan and must be repaid by the student.

Award Range: $5,000 – $10,000

Must pursue teaching career in Illinois and sign agreement, Illinois Residency

Minority Teachers of Illinois Scholarship