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Federal Title IV Aid

Financial aid is available from several Federal Title IV student financial aid programs. Any citizen or eligible non-citizen of the United States who is accepted for admission and who demonstrates financial need is eligible to participate. This aid may be renewed annually by students who continue to qualify on the basis of financial need, if they are in good academic standing and are making satisfactory academic progress in accordance with standards prescribed by the U.S. Department of Education. (See Satisfactory Academic Progress.) The FAFSA establishes eligibility for participation in federal aid programs. The loan programs also require completion of loan applications and/or promissory notes. Applicants should contact their state agencies for information regarding state aid programs and application procedures. Vanderbilt participates in the following federal student financial aid programs:

Federal Pell Grant Program
Federal Supplemental Educational Opportunity Grant
Program (FSEOG)
Federal Work-Study Program (FWSP)
Federal Perkins Loan Program
Federal Direct Loan Program
Federal Direct Parent Loan for Undergraduate Students (PLUS)

In addition to the federal student financial aid programs, Vanderbilt administers a number of need-based institutional scholarship, grant, and loan programs, some of which are described briefly in the Scholarship section of the undergraduate catalog. University general sources of need-based assistance and loan funds available to students in all schools are listed.