Bay Path College requires all applicants for loans to file a FAFSA to determine loan eligibility. See "Applying for Financial Aid" for more details.
A grant is a type of financial aid that does not require repayment. Bay Path College participates in several need-based federal grant programs. Grants have eligibility requirements which must be maintained. Failure to maintain a minimum of 12 credit hours each semester could result in the cancellation or reduction of grant funds.
Federal Pell Grant
The Federal Pell Grant is an award only for undergraduates with no prior bachelor's or professional degree. Eligibility is primarily based on your Expected Family Contribution (EFC), but is also affected by your enrollment status. The maximum award is $4731 per academic year, with a minimum of $400. To receive full eligibility, a minimum of 12 credit hours (full time) each semester is required, with prorated awards going to students with less than 12 hours. Your Federal Pell Grant will be credited to your student account in semester installments.
Federal Supplemental Education Opportunity Grant (FSEOG)
The Federal Supplemental Educational Opportunity Grant is for undergraduates with exceptional need, i.e. the students with the lowest EFC who also are Federal Pell Grant recipients. Students also must file the FAFSA to apply and there is limited amount of funding in this program. A minimum of 12 credit hours (full time) per semester is required to receive the SEOG. Students who have received a bachelor's degree are NOT eligible for SEOG. Federal SEOG assistance will be credited to your account in semester installments.
Federal Academic Competitiveness Grant
Grants for first and second year undergraduates who are U.S citizens and are eligible for a Federal Pell Grant. First year students are eligible who began a bachelor’s degree after January 1, 2006, and who successfully completed a “rigorous secondary school program,” as determined by a state or local educational agency that is recognized by the U.S. Department of Education. A first year grant may be as much as $750. Sophomores are eligible who completed a “rigorous secondary school program” on January 1, 2005, and have at least a “B” grade point average at the end of their first year of college. A second year grant may be as much as $1,300.
National SMART Grant
National Science and Mathematics Access to Retain Talent (SMART) Grants for third and fourth year undergraduates who are U.S. citizens and are eligible for a Federal Pell Grant. Students are eligible who are pursuing a major in the physical, life, or computer sciences, or mathematics, or in a foreign language that is “critical to U.S. national security,” as determined by the U.S. Department of Education in consultation with the Director of National Intelligence, and who has a “B” grade point average in coursework for the qualifying major. A third or fourth year grant may be as much as $4,000 a year.