Admissions

Types of Financial Aid

Types of Financial Aid


Grants & Scholarships
Grants and scholarships may be awarded based upon factors such as financial need, academic achievement, or special talents or abilities.  Grants and scholarships usually do not require repayment and may come from a variety of sources such as federal and state governments, high school alumni associations, colleges or universities, civic groups, employers, and many others. (Link to view more on our scholarships)

Loans
Loans may be need-based or non-need-based and must be repaid with interest.  Most educational loans do not require repayment until after graduation or when the student is no longer enrolled at least half-time. Loans may come from federal or state governments or private lenders. (Link to view more on loans)

Work Study
Student employment (or Work Study) allows a student to work part-time either on campus to earn money to help pay for educational expenses.


Grants & Scholarships:

Federal Grants & Scholarships

Federal Pell Grant

Pell Grants are awarded to qualifying undergraduate students who have not yet earned a bachelor’s or professional degree. Award amounts vary based upon annual federal appropriations, EFC, financial need, costs of education, enrollment status, and length of enrollment term. A Free Application for Federal Student Aid (FAFSA) is required.

Learn More about federal aid and scholarships
Federal Supplemental Educational Opportunity Grant (FSEOG)

FSEOG is awarded to undergraduate students with exceptional need; which is generally defined as being eligible for a Federal Pell Grant. Award amounts vary based upon the school’s total annual allocation. However, federal regulations allow for awards between $100 and $4000 per year. A Free Application for Federal Student Aid (FAFSA) is required.

More about the Federal Supplemental Educational Opportunity Grant

Wisconsin Grants
The following programs are available only to legal residents of the state of Wisconsin working on their undergraduate degree. Filing a FAFSA is required for eligibility, and the student must be at least half time. For more information on each grant please visit the Wisconsin Higher Educational Aids Board (HEAB) website.

WI Tuition Grant

Administered by Higher Educational Aids Board (HEAB), the WTG provides grants to eligible WI residents who attend private colleges or universities in WI. Recipients must be enrolled at least half-time and working on their first undergraduate degree; awards are adjusted for less-than-full-time enrollment. The maximum award is set annually by HEAB; annual maximum is currently at $2900. A Free Application for Federal Student Aid (FAFSA) is required.

More about the WI Tuition Grant
WI Talent Incentive Program Grant

The WI TIP Grant is awarded to the most financially needy and educationally disadvantaged WI residents. First-time freshmen are nominated by the financial aid office or by Wisconsin Educational Opportunity Program counselors. Initial awards range from $600 to $1800; renewal award amounts are set annually by HEAB. Recipients must be enrolled at least half-time. A Free Application for Federal Student Aid (FAFSA) is required.

More about WI Talent Incentive Program Grant
WI Indian Student Assistance Grant

Recipients must be at least 25% Native American (as certified by a Tribal Agency) and be undergraduate or graduate students. Awards are need-based and range from $250 to $1100. A Free Application for Federal Student Aid (FAFSA) is required.

WI Indian Student Assistance Grant information
More WI Minority Undergraduate Retention Grant

The MRG is not available to first-year students. Recipients are nominated by the financial aid office based upon HEAB guidelines and must be enrolled at least half-time. Awards are need-based and range up to a maximum of $2500 depending upon the individual college’s approved spending level for MRG. A Free Application for Federal Student Aid (FAFSA) is required.

More WI Minority Undergraduate Retention Grant information
WI Academic Excellence Scholarship

AES awards are made to the graduating senior with the highest grade point average in each public and private high school in WI. Awards are $2250 per year (funded one-half by HEAB and one-half by the college or university) and are renewable provided the recipient meets program requirements. AES awards are not need-based therefore, a FAFSA is not required.

More about the WI Academic Excellence Scholarship

Loans
If you have prior education loans and your lender needs verification of enrollment at Bellin College, please contact the Financial Aid office.

Federal Loans

(Please Note: all federal student loan borrowers must complete a Master Promissory Note (MPN). Before borrowing your first loan, you must complete an entrance counseling session and upon graduation, you will be required to complete an exit counseling session. All sessions and MPN must be completed at www.studentloans.gov.)

  • Need-based
  • Undergraduate students
  • Interest free while enrolled
  • Must be enrolled at least half time
  • Fixed interest rate set each year by Congress
  • Repayment begins six months after graduation
  • FAFSA required
More about Federal Loans
Federal Direct Unsubsidized Stafford Loan
  • Need-Based
  • Undergraduate & Graduate students
  • Must be enrolled at least half time
  • Interest accrues while enrolled
  • Fixed interest rate set each year by Congress
  • Repayment begins six months after graduation
  • FAFSA required
More Stafford loans
Federal PLUS Loan
  • For parents of undergraduate students or for graduate students
  • Subject to credit approval
  • Not need-based
  • Repayment will be begin 60 days after receiving proceeds of the loan
  • Fixed interest rate set each year by Congress
More about federal plus loan
Wisconsin Loan
  • Wisconsin resident
  • Must be enrolled at least half time
  • Must be enrolled in an Undergraduate nursing program
  • Up to one half of the loan may be forgiven if employed as a full-time RN in the state of Wisconsin after graduation
  • Fixed interest rate of 5%
More about Wisconsin Student Nursing Loan
Private Loans

These are education loans offered by individual lenders which allow a student (with or without a credit-worthy cosigner) to borrow loan funds in addition to the student’s federal student loans to help with expenses. Interest rates and terms vary by lender. A student may borrow up to the difference between his/her total cost of education (as determined by the financial aid office) and all other aid the student is expected to receive. Private loans are not need-based. For more information regarding private education loans, please refer to the Guide to Private Education Loans.

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