Types of Financial Aid


Federal Student Loans

Antioch submits all Title IV grant and loan data to the National Student Loan Data System (NSLDS).  This information will be accessible to authorized agencies, lenders, and institutions (HEOA 489 amended HEA Sec. 485B).

Federal Perkins Loans

  • A Federal Perkins Loan is a low-interest (5 percent) loan for both undergraduate and graduate students with exceptional financial need. Federal Perkins Loans are made through a school’s financial aid office. Your school is your lender, and the loan is made with government funds. You must repay this loan to your school. Funds are limited and are awarded on a case-by-case basis.

Federal Direct Subsidized Loans

  • Federal subsidized loans are awarded to students on the basis of financial need. The federal government pays the borrower’s accrued interest during certain periods, such as when the student is in school, thereby “subsidizing”  these loans.

Federal Direct Unsubsidized Loans

  • Federal unsubsidized loans are not need based; the borrower is responsible for accrued interest throughout the life of the loan.

Federal Direct Plus Loan for Parents of Dependent and Graduate Students

  • Federal unsubsidized loans for the parents of dependent students and for graduate/professional students. PLUS loans help pay for education expenses up to the cost of attendance minus all other financial assistance. Interest is charged during all periods.

Private Alternative Loans

Private loans are an additional way to finance the costs of higher education when federal options are exhausted. They are offered through private lenders whose loans are unassociated with any federal student loan program. Because of this, terms and conditions vary greatly.

Typically, private loans are credit-based, which means that borrowers are required to pass a credit check. In some cases, a cosigner may be required.

Click here to see a variety of alternative loan programs.

Federal Work Study

Federal Work Study

  • Federal Work-Study (FWS) provides part-time jobs for undergraduate and graduate students with demonstrated financial need, allowing them to earn money to help pay education expenses. The program encourages community service work and work related to the recipient’s course of study.
  • Most Federal Work Study Jobs are utilized in the Computer Lab, Library, Admissions, Bookstore, and research assistants for faculty.
  • Check the availability of Federal Work Study Positions here.


Federal Pell Grants

  • Federal Pell Grants are the foundation of federal student financial aid, to which aid from other federal and non-federal sources might be added.
  • Federal Pell Grants are generally awarded only to undergraduate students-those who haven’t earned a bachelor’s or graduate degree.
  • In some limited cases, however, you might receive a Pell Grant if you are enrolled in a post-baccalaureate teacher certificate program.
  • Amounts can change yearly. The maximum award for the 2015-16 award year is $5775.00.

Federal Supplemental Educational Opportunity Grant (FSEOG)

  • Unlike Federal Pell Grants, the amount of FSEOGs you receive depends not only on your financial need but also on the amount of other aid you get and the availability of funds at your school.
  • Receiving other aid might reduce the amount of your FSEOG award.
  • The school’s financial aid office decides how to award these funds.
  • Each school participating in the FSEOG Program receives a certain amount of FSEOG funds each year from the U.S. Department of Education’s office of Federal Student Aid. When all of those funds have been disbursed for that award year, no more FSEOG awards can be made for that year.
  • Due to limited funds, it is important to apply early to be considered for these funds. Not everyone who qualifies for an FSEOG will get one.

Federal Teach Grant

  • The Teacher Education Assistance for College and Higher Education Federal (TEACH) Grant Program, provides up to $4,000 a year in grant assistance to students who are completing or who plan to complete course work needed to begin a career in teaching.
  • In exchange for the grant, a student must sign an Agreement to Serve as a full-time teacher at certain low-income schools and within certain high-need fields for at least four academic years within eight years after completing (or ceasing enrollment in) the course of study for which the candidate received a grant. Federal TEACH Grant recipients must submit evidence of employment as certified by the chief administrative officer of the school upon completion of each year of teaching service.
  • If the grant recipient fails or refuses to carry out his or her teaching obligation, the amounts of the Federal TEACH Grants received are treated as an unsubsidized Federal Direct Loan and must be repaid with interest.
  • Recipients can be: undergraduate, graduate, students enrolled in a post-baccalaureate teacher credential program or current or former teachers or retirees.
  • Students must also meet the basic eligibility requirements for federal student aid, and: be enrolled in course work necessary to begin a career in teaching or planning to complete necessary course work to begin a career in teaching, have at least a 3.25 for each payment period-in high school or college for first year students and in college for other students or meet certain academic achievement requirements (generally, scoring above the 75th percentile on a college admissions test or maintaining a cumulative grade point average of at least 3.25).
  • Students are required to submit the Antioch University Midwest Federal Teach Grant Application annually to indicate their continued interest in receiving grant funds.

Ohio College Opportunity Grant Program

  • The Ohio College Opportunity Grant Program (OCOG) provides need-based tuition assistance to Ohio residents in an associate’s or bachelor’s degree or nursing diploma program attending an eligible institution. Eligible students must have an Expected Family Contribution (EFC) of 2190 or less with a maximum household income of $75,000. Students apply for OCOG benefits by completing the Free Application for Federal Student Aid. The application deadline is Oct. 1 of each year.


Antioch University Midwest offers some scholarships to assist you with your financial obligations while studying at here. Learn more about our scholarships at this link or research external scholarship opportunities on our Links and FAQ page.

VA Benefits

AUM is pleased to be a part of the Post-9/11 GI Bill.  Learn more about our services to veterans here.