Academic Catalog 2024-2025

Academic Catalog 2024 - 2025

Florida State Financial Aid Programs Florida residency and eligibility for Florida state aid programs are based on State law and administrative rules. Generally, students whose families have been living in Florida for 12 months before the start of the school year are considered residents. The following programs are only available to Florida residents who are citizens or permanent residents of the United States. Effective Access to Student Education (EASE): all full-time undergraduate students who meet the Florida residency requirements are eligible to receive this financial assistance from the state. This amount varies from year-to-year based on available state funds. Florida Student Assistance Grant (FSAG): full-time undergraduate students who meet the Florida residency requirements and have extraordinary financial need are eligible to receive this financial assistance from the State depending on available funding. Florida Work Experience (FWEP): a program funded by the state of Florida which partners eligible students with employers in their major area of study. FWEP provides eligible Florida students work experience that will complement and reinforce their educational and career goals. This gives students eligible for Federal Work Study the opportunity to gain professional experience while attending school. Florida Prepaid College Plan (FPCP): Beacon College is an eligible institution for the FPCP program. Accumulated funds may be applied toward expenses at Beacon College. Contact the FPCP office at www.florida529plans.com/Prepaid/index.html for further details on disbursement options. Florida Bright Future awards are not considered definite until the state has notified Beacon of a student’s official eligibility. The initial amount is based on enrollment in 15 credit hours and will be adjusted to reflect a student’s actual hours of enrollment each semester once the Drop/Add period has ended. Academic Top Scholars (ATS) Award = $44.00 per credit hour Florida Academic Scholars (FAS) Award = $212.28 per credit hour + $300.00 per semester for college related expenses (fall and spring term) Florida Medallion Scholars (FMS) Award = $159.21 per credit hour Florida Gold Seal Scholars (GSV) Award = Gold Seal Vocational Scholars & Gold Seal Cape Scholarship=$39.00 & $48.00 per credit hour. Bright Futures awards are based on a per credit hour amount established by the General Appropriations Act each year. Award calculations no longer include material and supply fees or college related expense allowance (formerly included in Florida Academic Scholars ). Financial Aid Deadlines A Free Application for Federal Student Aid (FAFSA) must be completed each academic year, and one FAFSA serves throughout that entire academic year, fall through summer terms. The FAFSA becomes available each October for the following academic year. To be given the greatest consideration, students should complete the Free Application for Federal Student Aid (FAFSA) prior to January 1 st . FAFSAs

completed after January 1 st will be considered on the basis of available funds. What are the general eligibility requirements for need-based financial aid?

To qualify for financial aid, the student must prove that financial assistance is needed. Need is the difference between the amount the student and the student’s family can contribute and the cost to attend the college of choice. The following are some of the requirements a student must meet:

21|Page