Pell Grant - a grant from the federal government. The amount is determined by the student’s Expected Family Contribution from the FAFSA. A student may receive up to 12 full-time semester awards only.
Supplemental Educational Opportunity Grant (SEOG) - a grant from the federal government awarded to students with the greatest financial need.
Direct Subsidized/Unsubsidized Loans - a federal student loan program to help fund educational costs. Most students who qualify for federal student aid are eligible for the Federal Direct Loan. The maximum amount a student can borrow is determined by the student’s grade level.
If the student has financial need, the Direct Loan will be Subsidized (which means the federal government pays the interest during the enrollment and 6-month grace periods). If the student has no financial need, if the financial need has been met through other sources, or if the student has already borrowed the maximum Subsidized, then the Direct Loan will be Unsubsidized (the student is responsible for the interest payments during the enrollment and 6-month grace periods).
Perkins Loan - a federally-funded loan with a fixed interest rate of 5% for students with high financial need.
Direct PLUS Loan - a credit-based federal loan program for the parents of dependent undergraduate students. Credit-worthy parents can borrow the cost of education not covered by other aid through the Federal PLUS Loan program.
Federal Work Study - an on-campus employment program funded by the federal government.
PHEAA State Grant - a grant for Pennsylvania residents. The amount is based on the student’s Expected Family Contribution and the cost of the college attended. Students must file the FAFSA by May 1 to meet PHEAA’s application deadline.
Rosemont Scholarship - a merit award from Rosemont College based on past academic achievement.
Rosemont Grant - a need-based award from Rosemont College based on Expected Family Contribution and educational costs.
Cornelian Scholarship - a full tuition scholarship from Rosemont College awarded annually for two outstanding graduates of Catholic High Schools. Students must submit an additional application, and the finalists will be invited to an on-campus interview from which the recipients will be selected.
Opportunity Grant - a merit award from Rosemont College based on past academic achievement.
Sister Maria Stella Kelly Art Scholarship - a merit award from Rosemont College based on artistic excellence for students who plan to major in fine arts.
Institutional Aid - a merit award from Rosemont College based on past academic achievement.
Alternative Loans - private loans from banks to help fund educational costs not covered by other aid. Alternative loans generally require a credit-worthy co-signer. Interest rates and other terms vary by lender.
Private Scholarships - Rosemont College participates in the Pennsylvania Private Loan Marketplace. The Pennsylvania Private Loan Marketplace is an online education financing resource that enables consumers to learn about and compare private loan terms from multiple lenders.