Types of Financial Assistance

Types of Financial Assistance

Grants are funds provided by federal and state sources. Scholarships are provided by private sources and by the university to qualifying students. Grants and scholarships do not have to be repaid.  

Federal

Pell Grant:
Pell Grants are awarded by the federal government to those students who are found eligible after completing the FAFSA. A Pell Grant is applied directly to your student account and does not have to be repaid. The amount is determined according to eligibility supplied by the FAFSA and the number of hours in which you enroll. Pell Grants are not available to students who have already completed a Bachelor's Degree.

Supplemental Educational Opportunity Grant (SEOG):
The SEOG is a federal grant administered by the University. The SEOG is applied directly to your student account and does not have to be repaid. Students who complete the FAFSA by April 1 and who are eligible for a Pell Grant have first priority for the SEOG. Eligibility is determined by the results of the FAFSA. The amount is subject to change based on availability of funds. .

College Work Study:
It is the student's responsibility to make application for available positions upon arrival on campus and jobs are not guaranteed. For additional information click here.

Oklahoma Grants and Scholarships

Oklahoma Tuition Aid Grant (OTAG):
OTAG is a grant awarded by the State of Oklahoma. Eligibility is determined by the results of the FAFSA and by the OTAG residency requirements. OTAG is applied directly to the student's account and does not have to be repaid. The student must complete and mail the FAFSA by April 15 to be considered for the OTAG.

Oklahoma Tuition Equalization Grant (OTEG):
OTEG is a $2,000 per year state grant administered by the university. OTEG is applied directly to the student's account and does not have to be repaid. The student must complete the FAFSA. Eligibility is based on parents' adjusted gross income plus untaxed income less than $50,000 per year.

Oklahoma Promise (OHLAP):
Approximately $123 per credit hour. For students who applied, were accepted, and who met OHLAP requirements as stated by the Oklahoma State Regents. The application process takes place when the student is in the 8th, 9th, or 10th grade.

Oklahoma Regents Academic Scholars:
$4,000. For National Merit Scholars or Oklahoma residents with ACT or SAT composite scores in the 99.5 to 100th percentile.

Loans

Direct Stafford Student Loans and Parent PLUS:
Student loans and parent loans (PLUS) are funds provided by the federal government which must be repaid. Different types of student loans may be available, depending on your eligibility for each.

Perkins:
Loans provided for exceptional needs by the federal government but awarded through SNU.

SNU Scholarships

SNU Scholarships:
Scholarships may be based on financial need, academic merit, special talents or general need. Scholarship forms for SNU General Scholarships may be obtained from Financial Assistance. You may contact the Department head of your area of interest regarding scholarships in your major. Applications received before March 15 will have priority consideration.