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School Code: 030716 College of Business and Technology. FAFSA Application

Florida Student Assistance Grant (FSAG)

•  What is the FSAG?

The Florida Student Assistance Grant is a need-based state/ institutional administered program. Available in the College of Bsiness & Technology in Miami Florida.

•  How to apply for the FSAG

Complete the FAFSA Application and mail to the Central Processing Center. For Fafsa form contact the Finncial Aid office at the College of Business & Technology in Miami Florida.

•  How is eligibility determined?

The student financial aid file must be complete prior to awarding the FSAG. Priority awarding begins on April 1st.

• Students are required to be Florida residents.
• Students enrolled for less than 12 credit hours, but more than 5 credit hours may be eligible for a prorated FSAG grant.
• Priority is given to students whose financial aid files are completed by April 1st.
• Students must maintain satisfactory academic progress.

Students must also adhere to the items listed under the "General Eligibility Requirements for Student Aid" at the below.

•  How much is awarded in the FSAG?

The amount of the FSAG varies from $600 - $1300 annually figure, depending on the student's eligibility. Due to the delivery changes and limitation of funds for the Florida State Assistance Grant (FSAG) Programs, it is proposed that students receiving the FSEOG will not be eligible to receive the FSAG.

•  General Eligibility Requirements for Student Aid

All types of financial aid have some kind of eligibility requirements. Financial aid from the state usually requires that the recipient be a resident of the state. Some scholarships specify that the recipient must enroll in a particular field of study or have a high grade point average. Eligibility for most federal student aid programs is based on demonstrated financial need rather than on academic achievement.

In addition to the financial need requirements, federal student aid programs require that the student:

• Seeking AA or AS degree have a high school diploma or a GED
• Seeking the vocational/technical certificate receive a passing score on an independently administered examination approved by the U.S. Department of Education, or meet other standards established by the state and approved by the US Department of Education.
• Enroll as a regular student in an eligible degree or certificate program that requires a minimum of 600 clock hours
• Be a US citizen or eligible noncitizen
• Have a valid Social Security Number
• Make satisfactory academic progress as defined by the College
• Register for Selective Service, if you are a male between the ages of 18 - 25.

A student must enroll at least half-time (6 credit hours) to be eligible for Federal Student Loans each term (fall/spring/summer).

•  Ability to Benefit (Technical Programs Only)

In compliance with federal regulations as described in the Higher Education Act of 1965, a determination of ability to benefit may be made for students entering technical (vocational) programs who wish to attend college without benefit of having attained a standard high school diploma or GED. This does not apply to associate degree programs.

Students are cautioned not to confuse financial aid "Ability to Benefit" requirements with completion requirements for technical programs. To avoid confusion and the possibility of having to repeat the TABE Test, students seeking financial aid under "Ability to Benefit" criteria should complete Level A of the TABE when complying with the admissions/completion requirements of a technical program.

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