Campus Employment
This institutionally funded employment program enables eligible undergraduate students (who are not eligible for federal work-study) to earn money for miscellaneous expenses while gaining practical experience. Limited number of positions are available.
Employee Educational Benefits
Tuition remission benefit. Please see staff manual for policy details and program rules.
Federal Aid
To be eligible for federal aid programs students must be citizens, nationals of the United States, or permanent residents and have a valid FAFSA on file. All eligibility criteria are available at
https://studentaid.ed.gov/sa/. Funding depends on federal approval and subject to change.
Federal Pell Grants
Awarded to undergraduate students with demonstrated financial need. Prorated awards may be made to eligible part-time students. Students must be pursuing their first baccalaureate degree.
Federal Supplemental Educational Opportunity Grant- FSEOG
Awarded to undergraduate students with the greatest demonstrated financial need. Students must be pursuing their first baccalaureate degree and be a Pell Grant recipient. Limited funding available.
Federal Work-Study Program
This federally funded need-based employment program enables eligible undergraduate students to earn money for miscellaneous expenses while gaining practical experience in on- and off-campus jobs. Limited funding available.
Federal Direct Subsidized Loan
A need-based student loan program offered to undergraduate students. The interest rate is fixed. No interest accrues and generally no payments are due while a student is enrolled on at least a half-time basis. Repayment generally begins six months after the student’s enrollment status drops below half-time. For more details, visit https://studentaid.ed.gov/sa/.
Federal Direct Unsubsidized Loan
A non-need-based student loan program offered to undergraduate students. The interest rate is fixed. The six-month deferment applies only to repayment on the principal. Interest accrues when the loan is disbursed. Students are sent quarterly interest statements by their Loan Servicer and may elect to pay the interest. For more details, visit https://studentaid.ed.gov/sa/.
Federal Direct PLUS Loan
Parents may borrow a loan (if approved based on credit check) up to the cost of education, minus any financial aid received. The interest rate is fixed. Repayment of principal and interest begins when the loan is disbursed, however deferment options are available. For more details, visit https://studentaid.ed.gov/sa/
Maryland State Scholarship Program
The Maryland Higher Education Commission offers several need-based grants, scholarships, and loan repayment programs for Maryland residents. The scholarships and grants most frequently awarded to Hood students include, but are not limited to, the Howard P. Rawlings Educational Assistance Grant, the Howard P. Rawlings Guaranteed Access Grant, Senatorial Scholarships, and Delegate Scholarships. In order to be considered for Maryland State aid, students must file the FAFSA by March 1. In addition, some state scholarships may require a separate application. For more information regarding the State aid programs, please contact the Maryland Higher Education Commission-Office of Student Financial Assistance at 800-974-0203 or https://.mhec.state.md.us.
Veterans’ Educational Benefits
Hood College serves as a liaison/informational resource to veterans by providing Veterans Administration forms and certifying military students for benefits. Hood College Office of Financial Aid provides services to veterans and dependents of veterans eligible for education benefits. To initiate or continue benefits, veterans must contact the Office of Financial Aid, 301-696-3411, at the beginning of each semester to complete the required paperwork, in compliance with the policies and procedures established by the Office of Financial Aid and the Department of Veterans Affairs. Information and application forms may be obtained from the Office of Financial Aid or via the Hood College Financial Aid web page, under forms. Educational benefit programs include:
- Chapter 30, Montgomery GI Bill
- Chapter 31, Vocational Rehabilitation
- Chapter 33, Post-9/11 GI Bill [Forever GI Bill]
- Chapter 35, Survivors’ and Dependents’ Educational Assistance
- Chapter 1606, Selected Reserve
Hood College participates in the Department of Veterans Affairs Yellow Ribbon Program. The Yellow Ribbon GI Educational Enhancement Program (Yellow Ribbon Program) is a provision of the Post-9/11 Veterans Educational Assistance Act of 2008. Participating students remain in the Yellow Ribbon program throughout their enrollment at Hood College and remain eligible for Yellow Ribbon program scholarship as long as each of the following applies: Hood College continues to participate in the Yellow Ribbon Program, the students remain in good academic standing, and the students have remaining VA Educational Benefits entitlement.
For information on each of these programs, current payment rates, availability of benefits or approvals call the local Regional VA Office at 1-888-442-4551.
VETERAN ENROLLMENT
Per Public Law 115-407 (Section 103), veterans who have submitted and been approved for education benefits may enroll in, attend, and participate in courses while payment for those courses is still pending.