Carl Albert State College
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Grants

Grants

Grants are financial aid that do not have to be repaid by the student and are generally for undergraduate students. They are based on need, cost of attendance, and enrollment status. CASC offers Federal Pell Grant, Federal Supplemental Opportunity Grant (FSEOG), and Oklahoma Tuition Aid Grant (OTAG).

Federal Pell Grant

This grant is the foundation of federal financial aid and provides aid to low-income undergraduate students with the greatest demonstrated need.

Maximum: $7,395 per year

Minimum: $740 per year

Federal Supplemental Education Opportunity Grant

FSEOG

This grant provides need-based aid to help low-income undergraduate students with exceptional need. Funding is limited and priority is given to Federal Pell Grant recipients with the lowest Student Aid Index (SAI).

Maximum: $250 per semester

Oklahoma Tuition Aid Grant

OTAG

This grant provides aid to Oklahoma residents who attend approved colleges, universities, and career technology centers in Oklahoma.

Maximum: $1,500 per year

Year Round Pell Grant

Eligible students can potentially receive aid for as little as one (1) credit hour during the Fall, Spring, or Summer semesters.

Year-Round Pell (YRP) means students may be eligible for 150% of their Pell award for the academic year they are attending. In the past, a student would be only eligible for 100% of their scheduled Pell award during a single academic year (50% received in the Fall, 50% received in the Spring). With YRP, a student can receive their full Pell award AND an additional 50% of his/her schedule Pell award for an additional term (Summer). 

Our awarding process for summer is as follows:

  1. Student registers for summer classes.
  2. Financial Aid Office reviews FAFSA eligibility.
  3. Eligible student receives aid offer via email and myCarlAlbert portal.
    • Aid is initially offered based on full-time enrollment.
    • Aid is paid based on active registered hours.

 

*Note: The lifetime eligibility usage for Pell is 600%. In the past the 600% would equal to 6 years of Pell grant eligibility. With year-round Pell, the 600% eligibility can be exhausted in 4 years if a student uses full-time Pell awards for three terms (Fall, Spring, and Summer) every academic year.

A student may decline all or part of a disbursement of Federal Pell Grant funds he would otherwise be eligible to receive in order to preserve future eligibility for larger Federal Pell Grant awards under the 600 percent Lifetime Eligibility Used (LEU) limit.
To decline or return a Federal Pell Grant, the student must:

  • Provide a signed, written statement clearly indicating the student is declining, or returning, Federal Pell Grant funds for which she is otherwise eligible, and acknowledging that the funds may not be available once the award year is over; and
  • Return funds directly to the school, if already disbursed.