Types of Financial Aid
Grants | Work Study | Loans | View Comparison Chart
Grants
- Federal Pell Grant
- A Federal Pell Grant does not have to be repaid. This grant is generally awarded to undergraduate students who have not earned a bachelor's degree. The amount of the award is based on your FAFSA results and enrollment status. Pell Grant funds will be credited directly to your student account.
- Federal Supplemental Educational Opportunity Grant (SEOG)
- The SEOG does not have to be paid back. This grant is awarded to Pell-eligible students who demonstrate the greatest financial need. Valid FAFSA results must be received in the Financial Aid Office to receive consideration. The SEOG funds will be credited directly to your student account.
- Ohio Instructional Grant (OIG)
- The Ohio Instructional Grant is awarded to undergraduate Ohio residents who are enrolled full time. The award amount is based on need as determined by the results of the FAFSA. The funds may be applied to tuition and fees only and will be credited directly to your student account. This money does not have to be repaid.
- Ohio Student Choice Grant
- The Ohio Student Choice Grant is non-need based and does not have to be repaid. The grant is awarded to undergraduate Ohio residents who are enrolled full time in a bachelor's degree program. You must complete the FAFSA each school year. The funds will be credited directly to your student account.
- Ohio College Opportunity Grant (OCOG)
- The Ohio College Opportunity Grant, or OCOG, is a new state program that is applicable for all first time, first year Ohio resident students beginning in the 2006-2007 school year and on. Students who are eligible for OCOG, based on their expected family contribution, may receive anywhere from $600 to $4992 if enrollment is full time. Students do not need to be enrolled full time to receive at least some OCOG funds. Students are notified of their eligibility for this award when they receive their financial aid award letter from Ohio Christian University.
Work Study
- Federal Work Study
- The Federal Work-Study program makes it possible for needy students to earn money while attending college. You earn wages based on the number of hours you work, and any wages earned are paid directly to you. Students who are eligible for Federal Work-Study are not guaranteed jobs. The Federal Work Study program is available to students in the traditional undergraduate program. More about Work Study...
Loans
- Federal Stafford Loans
- Stafford Loans are low-interest federal loans available to students who are attending college at least half time. The funds are borrowed from a bank, but the majority of the loan application process is handled through the Financial Aid Office. The amount a student may borrow is based on year in school, dependency status, and enrollment status. E-sign your MPN now.
- Federal PLUS Loan (Parent Loan)
- A parent may borrow a PLUS Loan to help pay the expenses of a child who is a dependent undergraduate student enrolled at least half time. The parent must pass a credit check to be eligible to receive a PLUS Loan. In the event the parent is denied the PLUS Loan due to adverse credit, the student generally becomes eligible to borrow an additional amount in an Unsubsidized Federal Stafford Loan. PLUS Loan Pre-Approval
- Student Signature Loans
- A student may also obtain private loans to cover education related expenses.
Student Signature Loan

