Federal and State Grants & Loans


Pell Grant

  • Must have financial need
  • FAFSA Expected Family Contribution must range from $0-$5576
  • Annual Amount: $596 to $6195

Federal Supplemental Educational Opportunity Grant (FSEOG)

  • Must have financial need
  • Must be eligible for the Pell grant
  • First-come, first served
  • Annual Amount: Up to $1000

Federal Work Study Program (FWSP)

  • Must have financial need
  • Requires an interview
  • Students can review and apply for open positions at www.collegecentral.com/umo. If hired, a portion of the students wages may be funded by the Federal Work Study Program
  • Annual Amount: Up to $1000

Federal Direct Parent PLUS Loan

  • Must complete FAFSA
  • Complete online application at https://studentloans.gov/myDirectLoan/index.action
  • Applicant must be creditworthy and a dependent student’s biological, adopted, or step-parent
  • Annual Amount: Varies upon credit approval and student’s financial aid budget

Federal Direct Student Loan (Subsidized & Unsubsidized)

  • Cannot be in default
  • Must have financial need for a subsidized loan
  • First-time borrowers must complete a Master Promissory Note (MPN) and Entrance Counseling at https://studentloans.gov/myDirectLoan/index.action
  • Annual Amount:
    Dependent Students: Freshmen – up to $5500, Sophmore – up to $6500, Junior/Senior – up to $7500
    Independent Students (or dependent students with a PLUS loan denial): Freshmen – up to $9500, Sophmore – up to $10,500, Junior/Senior – up to $12,500


North Carolina Need Based Scholarship

  • Complete FAFSA
  • Must be a permanent resident of NC.
  • FAFSA Expected Family Contribution is $0 to $15,000
  • Must be enrolled full time or ¾ time
  • Annual Amount: Traditional Undergraduate Students – $1100 to $7840, Adult Undergraduate Students $920 to $1840