STATE OF WEST VIRGINIA FINANCIAL AID PROGRAMS

  For more detailed information on state financial aid programs contact:

West Virginia Higher Education Policy Commission
1018 Kanawha Boulevard, East, Suite 700
Charleston, West Virginia 25301
Voice (304) 558-2101
FAX (304) 558-5719

www.hepc.wvnet.edu

The following are financial aid programs available to students who are residents of the state of West Virginia.

The PROMISE Scholarship

PROMISE Award

Length of Scholarship for Degree Seeking Students

Renewal

Transferring

Leave of Absence or Deferral

PROMISE Rules and Policies

The PROMISE Board Policies and PROMISE Legislative Rule are available online for your information

 

WV Engineering, Science and Technology Scholarship Program

PROGRAM INFORMATION:

The West Virginia Engineering, Science and Technology Scholarship Program is a state funded student aid program designed to enable and encourage academically talented individuals to pursue careers in the fields of engineering, science and technology. Scholarships, not to exceed $3,000 per academic year, are awarded on the basis of academic qualifications and interest in the fields of engineering, science and technology. The objective is for a recipient to obtain a degree or certificate in engineering, science or technology and to commit to the pursuit of a career in West Virginia .

PROGRAM FUNDING:

The appropriation for the scholarship program is $470,000, for the 2006-2007 academic year.

PROGRAM ADMINISTRATION AND SCHOLAR SELECTION:

In accordance with statutory provisions, the West Virginia Higher Education Policy Commission is the administering agency for the West Virginia Engineering, Science and Technology Scholarship Program. A panel, as provided for in the Program's statute, selects the West Virginia Engineering, Science and Technology Scholarship recipients.

ELIGIBLE STUDENTS:

To qualify for the West Virginia Engineering, Science and Technology Program, a student must meet the following basic selection criteria:

FURTHER INFORMATION:

Additional information on the Engineering, Science and Technology Scholarship Program may be requested by calling (304) 558-4618 or writing to:

Engineering, Science and Technology Scholarship Program
West Virginia Higher Education Policy Commission
1018 Kanawha Blvd., East, Suite 700
Charleston , West Virginia 25301

 

Higher Education Adult Part-Time Student (HEAPS) Grant Program

 
PURPOSE:

The purpose of the HEAPS Grant Program is to encourage and enable needy West Virginia students, who desire to continue their education on a part-time basis at the post-secondary level.

Students may apply for the HEAPS Grant Program and/or the HEAPS Grant Program Workforce Development Component

ELIGIBILITY for HEAPS Grant:
 
 A person is eligible for consideration for a HEAPS grant if the person:

ELIGIBLE INSTITUTIONS: An eligible institution is one that:

SELECTION:

Recipients will be selected each year by the respective institutions of higher education based on the applicants’ eligibility and the availability of funds.

APPLICATION:

Applicants must submit the Free Application for Federal Student Aid (FAFSA). They should indicate the institution they plan to attend and meet deadlines designated by that institution. Applicants should also submit any supplemental materials that may be required by individual institutions.

RENEWALS:

HEAPS grants are eligible for renewal consideration until the program of study is completed but not to exceed an additional nine years beyond the first year of the award.

AMOUNT OF AWARD:

For students enrolled at a public college or university, the maximum grant is based on the actual per credit hour tuition and fees charges. For students enrolled in other eligible institutions, the award is based upon the average per credit hour tuition and fees charged by all of the public undergraduate institutions of higher education during the previous year. Total aid, including the HEAPS award, may not exceed the recipients total cost of education as defined by the institution being attended.

ELIGIBILITY for HEAPS Grant Workforce Development Component:

Questions regarding this program may be addressed to the Financial Aid Office of the institution you plan to attend or by contacting:

West Virginia Higher Education Policy Commission
1018 Kanawha Boulevard E, Fifth Floor
Charleston, West Virginia 25301
(304) 558-4618

 

Medical Student Loan

PURPOSE:

The purpose of this program is to enable needy medical students to obtain loan funds to pursue a degree of medical doctor (M.D.) or doctor of osteopathy (D. O.) at Marshall University School of Medicine, West Virginia School of Osteopathic Medicine or West Virginia University School the Medicine.

ELIGIBILITY

To be eligible for loan consideration, an applicant must:

APPLICATION:  

Applications must be obtained from the Financial Aid Office of the educational institution to be attended or are currently attending.

SELECTION AND NOTIFICATION:

The institutional Financial Aid Office is responsible for (1) determining eligibility for the loan and (2) notifying individual students of the action taken. Funding availability may limit the number of awards or the value of individual awards.

RENEWAL:

Students are permitted to seek loan assistance for each year until the course of study is completed. An annual application may be required. The educational institution is under no obligation to approve subsequent loan requests even though all eligibility requirements are met.

ANNUAL LOAN AMOUNT:

The maximum annual loan amount can not exceed $10,000.

REPAYMENT:

The first payment will be due one year following the date the borrower ceases to be a full-time student at a school of medicine that participates in this Program with a maximum of 10 years to repay the loan (principal and interest). Students will be eligible for payment deferment during periods of required military service or approved additional medical training, including internships, residencies or fellowships (not to exceed 5 years). The minimum repayment amount shall be no less than $50.00 per month.

INTEREST:

The rate of interest charged on all outstanding loans awarded on or after September 7, 2002 shall be the prevailing Federal Stafford Loan interest rate at the beginning of the repayment period and shall accrue, except for periods of authorized deferment, from the beginning of the repayment period.

LOAN FORGIVENESS:

Loan indebtedness (principal and accumulated interest) will be forgiven at the rate of up to $5,000 for each period of twelve consecutive months of full-time practice in an approved designated medically underserved area in West Virginia or in a medical specialty designated as a critical shortage field in the state. Once the student enters practice he/she needs to complete and submit the Postponement of Loan Payment form. At the conclusion of each 12 consecutive months of full-time practice the Certification of Service for Loan Forgiveness form needs to be completed and submitted to obtain credit for the past year of practice. 

Questions regarding this Program may be addressed to the Financial Aid Office at a participating school of medicine to be attended or currently attending or by contacting:

Medical Student Loan Program
West Virginia Higher Education Policy Commission
1018 Kanawha Boulevard East, Suite 700
Charleston, West Virginia 25301
1-888-825-5707 or (304)558-4618 Ext. 320   

 

Robert C. Byrd Honors Scholarship Program

PROGRAM INFORMATION:

The Robert C. Byrd Honors Scholarship Program is designed to promote student excellence and achievement and to recognize exceptionally able students who show promise of continued excellence. These $1,500 scholarships are awarded on the basis of merit for study at an institution of higher education to incoming college students based on respective application competition from each of West Virginia 's Congressional Districts. Recipients may apply for renewal consideration for a total of four (4) years of assistance.

PROGRAM FUNDING:

A total of $216,000 in federal funds was allocated to West Virginia for 2006-2007 scholarship awards.

PROGRAM ADMINISTRATION AND SCHOLAR SELECTION:

The West Virginia Higher Education Policy Commission administers the Robert C. Byrd Honors Scholarship Program in cooperation with the West Virginia Department of Education. To be eligible for a scholarship, an applicant must be an eligible U. S. citizen or national or permanent resident and be a West Virginia resident. The applicant must also be a graduate of a public or private secondary school or have the equivalent of a certificate of graduation. Applicants must demonstrate outstanding academic achievement and show promise of continued achievement. The 2006-2007 recipient pool averaged 33 ACT composite score, 1450 SAT combined score, and 3.97 cumulative grade point average. Each applicant must also have applied or been accepted for enrollment.

SCHOLARSHIP APPLICATION:

Students should make initial application for this program through their high school senior counselor. Because of limited funding, high schools with a senior class of one to one-hundred ninety-nine (1 to 199) students may submit one (1) application and schools with a senior class enrollment of two-hundred or more (200+) may submit two (2) applications. Each application form should be accompanied by a copy of the student's typed high school transcript and notification of acceptance for admission. Counselors should submit completed applications to the West Virginia Higher Education Policy Commission. Applications will be mailed to all high school counselors each December. The application deadline is March 1 for the upcoming academic year.

FURTHER INFORMATION:

Specific information on the Robert C. Byrd Honors Scholarship Program in West Virginia may be obtained by calling (304) 558-4618 or by writing to:

Robert C. Byrd Honors Scholarship Program
West Virginia Higher Education Policy Commission
1018 Kanawha Boulevard, East, Suite 700
Charleston, West Virginia 25301

If you are not a resident of West Virginia, you should contact the Department of Education in your state for more information on the Robert C. Byrd Scholarship Program.

 

Underwood-Smith Teacher Scholarship Program

PROGRAM INFORMATION:

The Underwood-Smith Teacher Scholarship Program is a state funded student aid program designed to enable and encourage outstanding high school graduates to pursue teaching careers at the pre-school, elementary, middle, or secondary school level. Undergraduate and graduate scholarships, not to exceed $5,000 per academic year, are awarded on the basis of academic qualifications and interest in teaching. The objective is for a recipient to obtain a teaching certificate and to commit to the pursuit of a teaching career in West Virginia public schools.

PROGRAM FUNDING:

The appropriation for the scholarship program is $141,142 for the 2006-2007 academic year.

PROGRAM ADMINISTRATION AND SCHOLAR SELECTION:

In accordance with statutory provisions, the West Virginia Higher Education Policy Commission is the administering agency for the Underwood-Smith Teacher Scholarship Program. A panel, as provided for in the Program's statute, selects the Underwood-Smith recipients.

ELIGIBLE STUDENTS:

To qualify for the Underwood-Smith Program, a student must meet the following basic selection criteria:

UNDERGRADUATE LEVEL

Have a cumulative GPA of 3.25 after successfully completing 2 years of course work at an approved institution;

GRADUATE LEVEL

Have or will be graduating in the top ten percent of his/her college/university graduating class or have a 3.5 or above.
When the number of qualified applicants exceeds available funding, additional consideration will be given to such factors as the applicant's statement of intention and interest in being a teacher and program of study.

SCHOLARSHIP APPLICATION:

Each interested student must properly complete an application for the Underwood-Smith Teacher Scholarship prior to the academic year for which the student wishes to be considered for the scholarship. Currently, because of limited funding, applications are only accepted from students who will be a junior, senior, or graduate student in college during the year for which the application is being made. Students should apply through their institution's teacher education chairperson or chief academic officer. Recipients will be required to sign an agreement acknowledging an understanding of the program's requirements and their willingness to repay the award if appropriate teaching service is not rendered. Applications will be mailed to colleges and universities offering teacher certification programs each February. The application deadline is March 1 for the upcoming academic year.

FURTHER INFORMATION:

Additional information on the Underwood-Smith Teacher Scholarship Program may be requested by calling (304) 558-4618 or by writing to:

Underwood-Smith Teacher Scholarship Program
West Virginia Higher Education Policy Commission
1018 Kanawha Boulevard, East, Suite 700
Charleston, West Virginia 25301

 

WV Higher Education Grant Program

Deadline for applying for the West Virginia Higher Education Grant for the 2007-2008 academic year is March 1, 2007!  Both the FAFSA and Application for State-Level Financial Aid Programs must be completed to be eligible for consideration. 

GENERAL DESCRIPTION:

Monetary awards are granted to qualified undergraduate students who require financial assistance to attend an approved educational institution located in West Virginia or Pennsylvania . Grants may be renewed until the course of study is completed, but not to exceed an additional three years beyond the initial award.

FUNDING LEVEL, NUMBER OF 2006-2007 RECIPIENTS AND VALUE OF AWARDS:

Awards ranged from a minimum of $375 to a maximum of $3,358. Awards are limited to the payment of tuition and fees. Funding of $27 million for 2006-2007 enabled approximately 13,000 students to be assisted.

ELIGIBILITY REQUIREMENTS:

United States citizen, West Virginia resident for one year immediately preceding the date of application, high school graduate or the equivalent, demonstrate financial need, enroll as a full-time undergraduate at an approved university or college located in West Virginia or Pennsylvania.

AWARD CRITERIA:

Awards are granted to those applicants who:

APPLICATION PROCEDURES:

AWARD NOTIFICATION:

DISBURSEMENT OF FUNDS:

Specific information on the Grant Program may be obtained by calling (304) 558-4614 or 1-888-825-5707 or by writing to:

West Virginia Higher Education Grant Program
West Virginia Higher Education Policy Commission
1018 Kanawha Blvd. East, Suite 700
Charleston WV  25301 

State Financial Aid Information

Find state financial aid information for the specific state that you live in. Find contact information for your local federal aid office, and get details about specific federal aid programs in your area.