Palm Beach State College (PBSC) Lake Worth offers a wide range of financial aid programs to help students pay for the cost of education. These programs include grants, scholarships, loans, and work-study.
Types of Financial Aid
Grants
Grants are free money that does not need to be repaid. Federal Pell Grants are available to students with financial need. The maximum Pell Grant award for the 2022-23 academic year is $6,895.
Scholarships
Scholarships are also free money, but they are typically based on merit or other factors such as academic achievement, leadership, or financial need. PBSC offers a variety of scholarships, including the Presidential Scholarship, the Dean’s Scholarship, and the Bright Futures Scholarship.
Loans
Loans are borrowed money that must be repaid. Federal student loans are available to students who have completed the Free Application for Federal Student Aid (FAFSA). The most common types of federal student loans are Stafford Loans and PLUS Loans.
Interest rates on federal student loans are fixed and are set by the government. The current interest rates for undergraduate Stafford Loans are 3.73% for subsidized loans and 6.28% for unsubsidized loans. The current interest rates for PLUS Loans are 7.54% for unsubsidized loans.
Work-Study
Work-study allows students to earn money to help pay for school by working part-time on campus. Students who are eligible for work-study can work up to 20 hours per week during the academic year and up to 40 hours per week during the summer.
How to Apply for Financial Aid
To apply for financial aid, students must complete the FAFSA. The FAFSA is a free application that collects information about students’ financial situation. The FAFSA is used to determine students’ eligibility for federal and state financial aid programs.
Students can complete the FAFSA online or by mail. The FAFSA is available on the Federal Student Aid website.
Deadlines
The priority deadline for the FAFSA is March 1. However, students can submit the FAFSA after this deadline. Students who submit the FAFSA after the priority deadline may not be eligible for all types of financial aid.
Contact Information
Students who have questions about financial aid can contact the PBSC Lake Worth Financial Aid Office.
Contact the Office:
Office of Financial Aid
Palm Beach State College Lake Worth
4200 Congress Avenue
Lake Worth, FL 33461
(561) 868-3388
[email protected]
Additional Resources
Conclusion
PBSC Lake Worth offers a variety of financial aid programs to help students pay for the cost of education. Students who are eligible for financial aid should complete the FAFSA to apply for these programs.
