Page 39 - FKCC Student Handbook 2012 13 final for web

Florida Student Assistance Grant (FSAG)
FSAG is a need-based State of Florida program for students who meet Florida
residency requirement. To qualify, you must be seeking your first undergraduate
degree, be enrolled in an A.A. or A.S. degree program, qualify for a Pell grant, and
be enrolled for a minimum of six credits per term. The amount awarded for part-
time, three quarter time, and full-time enrollment is determined by the State of
Florida on an annual basis. FSAG is awarded by Florida Keys Community College
on a first-come, first-served basis, no later than two weeks after the close of the
regular drop/add period each term. Initial eligibility is determined by the results of
the Free Application for Federal Student Aid (FAFSA). The FSAG is in addition to the
student’s Pell Grant award.
Federal Work Study Program (FWS)
The Federal Work Study Program is a federal work study program for students
with financial need. You may be employed on one of our campuses, or as a
reading tutor in a public school. As a work study employee, you may work a
maximum of 20 hours per week, and earn at least minimum wage. Actual job
placement is dependent upon your educational objectives, prior work skills, and
the availability of work-study positions. Eligibility is determined by the results of
the Free Application for Federal Student Aid (FAFSA), and you must be enrolled
for a minimum of six credits per term. Students must request participation in the
Federal Work Study Program through the Financial Aid Office, or the application
can be found on our website.
Student Loans
All Florida Keys Community College Students are eligible to participate in the
Direct Lending Program. There are three categories of loans: Subsidized Direct
loans, Unsubsidized Direct loans and the Parent Plus Loan for Undergraduate
Dependent Students. All applicants must complete the Free Application for
Federal Student Aid (FAFSA). Students selected for FAFSA verification are not
eligible to apply for a loan until the verification process is complete. If you are
interested in a loan, please go to
select “Current Students”, then
select “Financial Aid”, select the “Federal Direct Loan” link on the left hand side of
the screen for information regarding the application process and general student
loan information.
Student Loan Receivables
Students eligible to receive a Direct Loan (with completed files and loan
applications) will receive a deferment of the cost of tuition, fees and bookstore
charges. Upon receipt of the loan proceeds, the deferred fees will be paid and any
remaining balance will be refunded to the student. The deferred fees will continue
to be the responsibility of the student even if the loan proceeds do not arrive for
any reason during the term. The student will not be allowed to register in future
terms until the charges have been paid in full.