PEG/PFAP Forgivable Loan Programs on Suspension for 2011-2012 Academic Year
July 1, 2011
The Postsecondary Education Grant (PEG) and the Private Postsecondary Student Financial Assistance Program (PFAP) Programs are currently on suspension and will not be available for the 2011-2012 academic year. As such, the Commission will not accept applications for these forgivable loan programs for the 2011-12 academic year.
Students are encouraged to complete the Free Application for Federal Student Aid (FAFSA). This application is used to determine your eligibility for federal, state and institutional aid. In addition, some scholarship donors may require that you have a FAFSA on file. The best way to complete the FAFSA is online at www.fafsa.ed.gov. An online FAFSA is processed faster and and you have less of a chance of making an error on the application that could result in delays.
Students should also look for aid opportunities through their college or university. If you have already selected your major, speak with your department as there may be scholarship or grant opportunities available that are administered by the department in which the scholarship/financial aid office is not aware. Colleges and universities will often have a scholarship database that students can search at the financial aid/scholarship office website.
The resources listed below may be helpful when looking for additional aid opportunities:
- Free online scholarship searches such as: www.fastweb.com, www.finaid.org, www.studentaid.ed.gov, and www.collegeboard.com.
- Community centers/organizations, your employer, place of worship
- Private donors (ex: Rotary, Elks, Boy Scouts of America, etc.)
Arizona is home to three College Access Resource Centers. These free resource centers may have additional scholarship listings and funding resource information that students can utilize. Check out their websites for additional information:
- Phoenix Metro Area: College Depot - http://www.phoenixpubliclibrary.org/collegedepot/
- Tucson Area: Regional College Access Center in Tucson www.metedu.org/rcac
- Northern Arizona: Northern Arizona College Access Resource Center - www.nacrc.net
It is unfortunate that the State revenue shortfall has resulted in student financial assistance reductions. Please check back for updates.