Financial Aid for

Weekend College Students

Financial aid is needed by many students. Weekend College students may be eligible for one or several federal and/or state programs. Eligibility is based on what the student can reasonably pay for education. This ability to pay, or family contribution, is calculated using the Free Application for Federal Student Aid (FAFSA). You can fill out the FAFSA form online and get your results seven to 14 days faster than if you mail in a paper copy.

The financial aid staff is available to answer your questions pertaining to financing your education. For students who are not able to contact us during regular business hours, you may leave a message on voice-mail at (330)569-5107. Our fax number is 330-569-5499.  Please do not hesitate to contact us if we can help.

Hiram Weekend College tuition is $375.00 per credit hour for the
2007-2008 academic year through the summer session 2008. A $75 general
fee is required each semester.

Tuition Deferment

Many companies offer some type of tuition assistance to employees. Students who participate in company reimbursement plans may be eligible for tuition deferment. Hiram College will permit students who receive reimbursement to defer payment of their tuition until two weeks after posting of grade reports.

Federal Subsidized Stafford Loan

Stafford Loans have low interest and no payments of either interest or principle are due while the borrower is in school. Eligibility is calculated from the FAFSA. Stafford Loans are available from banks and other lenders. Hiram College can assist you in finding a Stafford lender.

Repayment begins six months after graduation, leaving school, or dropping below half-time enrollment status. Annual loan limits: first year - $2625; second year - $3500; third year - $5500; and fourth year - $5500.

If you have a Federal Stafford Loan as part of your financial aid package you are required by law to complete an entrance interview before your initial Stafford Loan funds can be credited to your Hiram College account (see the links for new and returning students). The entrance interview will take approximately 30 minutes to complete. Electronic notification of your interview completion will be automatically transmitted to the Hiram College Financial Aid Office.

Federal Unsubsidized Stafford Loan

Unsubsidized Stafford Loans are designed to help meet costs when other aid or resources are limited.  Interest begins accruing as soon as the funds are delivered to the school.  No interest or principle payment is required while the student is enrolled at least half time.  Repayment begins when the borrower graduates, leaves school, or drops below half time enrollment status. Annual loan limits: first year - $4000; second year - $4000; third year - $5000; and fourth year - $5000.

Ohio Instructional Grants

Ohio Instructional Grants (OIG) are for full-time (12 or more credit hours per semester) students who are residents of Ohio. They are based on the applicant's family income.

Ohio College Opportunity Grant

Ohio College Opportunity Grants (OCOG) are available to Ohio residents who are first time college students for the 2006-07 academic year.  Eligiblity is determined by the Expected Family Contribution (EFC) calculated by completion of the FAFSA and enrollment status of the student.

Ohio Choice Grants

Ohio Choice Grants are for full-time (12 or more credit hours per semester) students who are residents of Ohio and who were not enrolled in higher education before July 1, 1984. Certification of residency and previous education are required.

Federal Pell Grants

Pell Grants are from the federal government. Application is made by completing the FAFSA. Eligibility is based on several factors including family income, family size, assets, and debts.

Student Consumer Information

As required by the U.S. Department of Education, Hiram College regularly publishes and distributes important consumer-related information to all current students, prospective students, faculty, administrators, and staff. All Weekend College students are stongly encouraged to read the 2006-07 Financial Aid Handbook which contains this information and general questions may be directed to the Student Financial Aid Office at 330-569-5107.