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Pioneer High School
1400 Pioneer Avenue
Woodland, CA 95776
(530) 406-1148.
Fax (530)662-3661
    






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     Federal Student Aid

Federal student aid programs are the largest source of student aid in the United States, providing more than $60 billion a year in grants, loans, and work-study assistance. Here are some of the most frequently utilized federal aid programs for incoming freshmen.

  • Federal Grants
  • Federal Loans
  • Federal Tax Credits

Federal Grants

Program Criteria Award Details / Contact Information
Pell Grants Need-based federal grants. $400 to $4,050 Must file the FAFSA.
Federal Student Aid Information Center,
(800) 433-3243
Supplemental Educational Opportunity Grant (SEOG) Federal grant program for students with exceptional financial need. $1,000 for the 2003-2004 academic year; future amounts limited to funding availability File the FAFSA before March 1.
 

Federal Loans

Program Criteria Award Details / Contact Information
Stafford Loans Low-interest loans with deferred repayment. Subsidized interest while in school available, based on need. $2,625 two-semester maximum for dependent freshmen and $6,625 two-semester maximum for independent freshmen; maximum amounts increase for sophomores, juniors, and seniors. Must file the FAFSA.
 
Parent Loan for Undergraduate Students (PLUS) Federal low-cost loan available to parents or legal guardians of dependent undergraduate children. This loan is not need-based and traditionally picks up where need-based aid leaves off. Maximum the parent may borrow equals your student's cost of attendance minus financial aid received Complete the PLUS application.
 
Perkins Loans Need-based federal loans with 5% interest rate. $1,500 for 2003-2004 academic year; future amounts limited to funding availability Students are automatically considered if they file the FAFSA before March 1 and indicate they are interested in loans.

Federal Tax Credits

Program Criteria Award Details / Contact Information
Hope Scholarship Tax Credit Nonrefundable tax credit (against federal income taxes) for qualified tuition and related expenses for each student in the taxpayer's family. Maximum credit of $1,500 per year for the first two years of college. Other requirements and limitations apply.  
Lifetime Learning Tax Credit Nonrefundable tax credit (against federal income taxes) for qualified tuition and related expenses for each student in the taxpayer's family. Maximum credit of $2,000 per year, per family. Other requirements and limitations apply.