Grants
Peninsula College offers both federal and state grants. Grants are considered “gift aid” because they do not have to be repaid as long as students attend their classes, do not withdraw, do not stop attending mid-quarter, and do not complete zero credits for a quarter.
- Federal Pell Grant
- Federal Supplemental Educational Opportunity Grant (FSEOG)
- WA College Grant (WCG)* - (previously known as the Washington State Need Grant/SNG)
- WA Bridge Grant* - a one-time award given within the first quarter of attendance
- College Bound Scholarship (CBS)*
- Passport to College Foster Youth Promise Scholarship*
- Opportunity Grant* - requires a separate application process
- Peninsula College (PC) Grant
- Tuition Waiver Grant
Grants cannot be used to set up bookstore accounts to directly pay for books and other course materials. Only if the ebook/course materials fee is added to the student's charges/fees on their student account for the term, then the charge can be covered by the student's grant funds.
The amount of Federal Pell Grant funds a student may receive over his or her lifetime is limited by a federal law to be the equivalent of six years of Pell Grant funding. Since the maximum amount of Pell Grant funding a student can receive each year is 100%, the six-year equivalent is 600%. Please note that Pell Grant funding is only eligible for up to three quarters of full-time enrollment per academic year; if you receive full-time Pell Grant funding during summer quarter, you may not be eligible for Pell Grant funding in spring quarter. For questions about how your Pell Grant Lifetime Eligibility Used is calculated, please contact the Financial Aid Office, or, to view your percentage of Pell Grant used please visit StudentAid.gov.
In order to receive certain grants, students must meet certain eligibility criteria, as determined by the Financial Aid Office. Certain grants or scholarships, such as Tuition Waiver Grant, may only be available in the form of a tuition payment, and students may not receive the funds directly. Some types of aid, such as Peninsula College Grant, Tuition Waiver Grant, loans or work-study, require students to be enrolled in at least 6 or more credits in order to be eligible.
*Washington State Aid Funds
Attention Washington State resident students. Peninsula College students who receive State Aid funds must read the statement of conditions below:
Washington State Aid - Conditions of Award
The State of Washington is offering you financial assistance to help support your educational expenses. Please visit www.opportunitypathways.wa.gov to receive more information about financial aid, scholarships, work study, and student loans.
By accepting state financial aid, you agree to the conditions listed below. If you have questions or find that you cannot comply with these conditions, please contact your institution’s financial aid office.
- You must meet the requirements for Washington State residency.
- You do not owe a repayment to any state grant or scholarship nor are you in default on a state student loan.
- You must be enrolled in an eligible program and not be pursuing a degree in theology.
- If you hold a bachelor’s degree or the foreign equivalent, you are not eligible to receive state grant funds.
- If you do not attend or if you withdraw from your classes, you may owe a repayment of all or part of any state funds you have received.
- You must maintain the academic progress standards established by your institution in order to receive additional state aid.
- There could be other circumstances that would require a repayment or reduction in your current award amounts.
- You must meet all eligibility requirements for the state aid program(s) awarded.
- The offer of this financial assistance is subject to, and conditioned upon, the availability of funds. Washington Student Achievement Council (WSAC) and the institution through which the grant, scholarship, or work study is awarded, reserve the right to withdraw, reduce, or modify the awards due to funding limitations or due to changes in circumstances which affect your eligibility for the program(s).
- If you fail to cash your check containing state funds or fail to pick up any remaining funds by the close of the academic year, the funds shall be returned to the program at WSAC and treated as funds declined by you.
You may choose to voluntarily make financial contributions to Washington Student Achievement Council (WSAC) in recognition of the assistance that you received. All voluntary contributions will be used to provide financial assistance to other students. Please contact finaid@wsac.wa.gov for more information.
You may be eligible for the Supplemental Nutrition Assistance Program (SNAP) and can apply for benefits through the Washington Connection online portal (www.washingtonconnection.org) or in-person at a local Department of Social and Health Services office. You can also receive assistance in applying and be connected to additional resources by contacting the Basic Food, Employment & Training (BFET) staff at 360-417-6296.
Loans
Direct Stafford loans – subsidized (sub) are “need-based” loans. “Subsidized” means the federal government pays interest on the loan for you until you enter repayment. You must be enrolled in at least 6 credits to receive a loan.
Direct Stafford loans – unsubsidized (unsub) are “non-need based” loans. “Unsubsidized” means the federal government does not pay interest on the loan. Students are responsible for paying all accrued interest. Interest can be paid while the student is in school, or it can be deferred until the student enters repayment. If deferred, the unpaid interest that accrues is added to the loan amount the student borrowed, a process known as “capitalization.” You must be enrolled in at least 6 credits to receive a loan.
- Direct Subsidized Stafford Loan
- Direct Unsubsidized Stafford Loans
- PLUS (Parent Loan for Undergraduate students)
Loans cannot be used to set up bookstore accounts to directly pay for books and other course materials. Only if the ebook/course materials fee is added to the student's charges/fees on their student account for the term, then the charge can be covered by the student's loan funds.
Work-study
Work-study programs offer students the opportunity to gain valuable work experience while earning money for college. Both on-campus and off-campus positions are usually available.
Students receive their work-study funds in the form of a paycheck through the Payroll Office based on their hourly wage and the number of hours they have worked in any given pay period. Because work-study funds must be earned, they are not available at the beginning of the quarter to help pay tuition and fees or purchase books.
- Federal work study (FWS)
- State work study (SWS)
Due to a change in state regulations, TANF recipients may be required to report SWS earnings as income. For more information, please contact DSHS.
For more information regarding federal financial aid programs, please click here to view the US Department of Education website.