Grants are financial aid awards that do not need to be repaid. Some of the grants available for eligible Miami students include the following:
Federal Pell Grant
A federal grant awarded to undergraduate students with a high financial need, based on a student's Expected Family Contribution (EFC) and enrollment hours.
Federal Teacher Education Assistance for College and Higher Education (TEACH) Grant
The TEACH Grant is a federal program that awards up to $4,000 per year to students who agree to serve as a full-time teacher in a high-need field in a public or private elementary or secondary school that serves students from low-income families.
Federal Supplemental Educational Opportunity Grant (SEOG)
A federal grant awarded to undergraduate students with exceptional financial need. Priority in awarding SEOG funds is given to students who are Pell Grant recipients.
Ohio College Opportunity Grant (OCOG)
State grant assistance for Ohio resident undergraduate students with financial need enrolled at the Oxford campus. The OCOG award amounts for 2012-2013 was $856 for full-time students.
Pennsylvania State Grant (PHEAA)
A state grant for Pennsylvania residents with financial need enrolled at least half-time. The Pennsylvania State Grant requires that the Free Application for Federal Student Aid (FAFSA) be submitted by May 1 each year. The grant amount varies up to $300 per semester for Pennsylvania residents attending Ohio schools.
Rhode Island State Grant Program
A state grant for Rhode Island residents with financial need, enrolled at least half-time. The grant can be used during the fall and spring semesters for a total of four years. The Rhode Island State Grant requires that the Free Application for Federal Student Aid (FAFSA) be submitted by March 1 each year. The amount ranges from $250 to $1400, depending on financial need.
A state grant for Vermont residents with financial need who are enrolled full-time in their first undergraduate degree program. The grant can be used during the fall and spring semesters for a total of 10 semesters. The Vermont State Grant requires submitting the Free Application for Federal Student Aid (FAFSA) each year. The amount varies depending upon financial need and the cost of the institution and the resources they consider available for education. For 2010–2011, the grant range was $700 to $7,550. A student who plans to be attending less than full-time is eligible to apply for a part-time grant based on financial need. The part-time amount varies depending on credit hours.
Study Abroad Airfare Grant
Eligible students with financial need may receive a university grant up to $600 for their study abroad airline ticket and could receive the remainder of their ticket price (up to $600) in an interest-free university loan. This grant is available for one semester of study abroad while attending Miami. For more information and the requirements for this grant, see Financial Aid for Study Abroad.
Scam Alert from the Department of Education
Someone is impersonating a U.S. Department of Education official and is offering students grants in place of their loans for a processing fee. This is a scam, there is no ED program to replace loans with grants and there is no processing fee to obtain Title IV grants from the Department of Education. Students should never provide their bank account or credit card information over the phone unless they initiated the call and trust the company they are calling. More information about preventing scams is provided by Federal Student Aid.