Sources of Federal and State Aid


A grant is "gift aid," an award that you do not have to repay. Many types of grant aid are only available to students beginning to pursue their first undergraduate degree at Gardner-Webb. However, there are a number of grants you may have received:


A Federal Pell Grant is an entitlement program that is based on financial need. The amount of your Pell Grant is determined by the Federal government based on the cost of enrollment at GWU and the information you provided on your FAFSA. To receive the Pell grant listed on your award letter, you must be enrolled full-time (at least 12 hours) for each term shown. If you enroll less than full time your grant will be reduced or eliminated. Pell grants are usually prorated as follows:


9-11 hours = 75%
6-8 hours = 50%
1-5 hours = 25%


In some cases your Pell grant may be eliminated if you are enrolled less than full-time. Check with the financial planning office before you change your hours if you have any questions.


The North Carolina Need Based Scholarship Program (NCNBS) is a grant program created by the state legislature for students with an Expected Family Contribution (EFC) of $15,000 or less. The EFC is determined by the results of the Free Application for Federal Student Aid (FAFSA).


The Out-of-State Grant is available on a limited basis to Undergraduate Evening (GOAL - The Degree Completion Program) students who reside in a state other than North Carolina and who are enrolled full-time (12 hours). Students not currently meeting degree requirements do not qualify, nor do students who already have a Bachelor's degree. Funding is not available for summer school.


The Federal Direct Stafford Loan Program offers long-term, low interest education loans to students. In order to determine your eligibility and qualify, you must complete the Free Application for Federal Student Aid ( and be enrolled at least half-time each semester.


Repayment for Federal Direct Stafford Loans begins six months after you graduate, withdraw, or drop below half-time.


First-time Federal Direct Stafford Loan recipients at Gardner-Webb must complete "Loan Entrance Counseling" before funds can be disbursed. Recipients must also complete a Federal Direct Loan Master Promissory Note (MPN). Please refer to the loan section of our web page for more information.


The Federal Direct Subsidized Stafford Loan is based on financial need as well as annual and aggregate (overall) loan limits. Funds from this loan are disbursed each term according to your award notification and promissory note disclosures. Interest on this loan does not accrue during eligible periods of enrollment and certain grace periods. Yearly loan amounts range from $3500 for first year students, $4500 for second year students, and $5500 for third and fourth year students.


The Federal Direct Unsubsidized Stafford Loan is based on the cost of education as well as annual and aggregate (overall) loan limits. Funds from this loan are disbursed each term according to your award notification and promissory note disclosures. Interest on this loan begins to accrue as soon as you receive it. It is possible to receive both direct subsidized and direct unsubsidized loans in the same period.


Forgivable Education Loan for Services (FELS)

The Forgivable Education Loan for Service (FELS) was established by the North Carolina General Assembly in 2011 and the first loans will became available for the 2012-13 academic year. The loan provides financial assistance to qualified students who are committed to working in North Carolina in fields designated as critical employment shortage areas. Please visit for additional information including eligibility, award amounts, application procedures, and approved education programs.