Sources of Aid

Federal Pell Grant. A federal grant based on financial need.

Federal Supplemental Educational Opportunity Grant (SEOG). A federal grant program for students with exceptional need. Pell Grant recipients with the lowest expected family contribution will be considered first for this grant.

Wisconsin Tuition Grant. A need-based grant program administered by the State of Wisconsin Higher Educational Aids Board (HEAB) for Wisconsin residents.

Lawrence University Grant. An institutionally-funded grant awarded to students based on financial need.

Federal Work-Study (FWS). A federal program whose funds are administered by Lawrence’s Office of Financial Aid, allowing students to secure jobs on campus. Any dollar amounts for FWS that appear in Lawrence aid awards reflect the maximum amount students can earn on campus during an academic year.  Employment wages are paid bi-weekly directly to students based upon the hours they worked during that period; they are not credited directly to student bills.

Campus Employment. Employment opportunity funded by Lawrence.  Dollar amounts that appear in Lawrence aid awards reflect the maximum amount students can earn on campus during an academic year.  Employment wages are paid bi-weekly directly to students based upon the hours they worked during that period; they are not credited directly to student bills.

Federal Direct Stafford Loan. A low interest federal student loan program whose lender is the U.S. Department of Education. After July 1, 2012, a loan origination fee is deducted proportionately from each loan disbursement and retained by the government to help reduce the cost of the loans.

Subsidized Stafford Loans are awarded to students with demonstrated financial need at a fixed interest rate. Payment and interest are deferred until six months after you graduate, withdraw, or fall below half-time enrollment.

Unsubsidized Stafford Loans are non-need based loans at a fixed interest rate. Interest is charged during all periods, including in-school and during grace and deferment periods; however repayment of principal and interest is deferred until six months after you graduate, withdraw, or fall below half-time enrollment.