Federal Grants are gift aid, which do not have to be repaid.
Federal Pell Grant
The Federal Pell Grant provides awards to needy undergraduate students. For 2018-2019 the maximum Pell Grant is $6,095. The amount of Federal Pell Grant funds a student may receive over his or her lifetime is limited by federal regulation/law to the equivalent of 6 years of Pell Grant funding. Since the maximum Pell Grant funding a student can receive each year is equal to 100%, the 6 year equivalent is 600%. Final funding for the academic year is based on Congressional appropriations.
Federal Supplemental Educational Opportunity Grants
Federal Supplemental Educational Opportunity Grants (FSEOG) provides needy undergraduate students with awards generally ranging from $200 to $1,400. Funding priority is given to Pell Grant recipients. Final funding for the academic year is based on Congressional appropriations.
Grants from your state are a type of financial aid that does not have to be repaid. Eligibility requirements vary from state to state. Please visit your state's website for more information.
Castleton Grants for Returning Students
Institutional grant (gift aid) is based on financial need as determined by the FAFSA information and institutional review. Funding is determined each year.
- Students must be enrolled and remain enrolled in a full-time (minimum of 12 credits per semester) undergraduate degree program and pursing their first baccalaureate degree.
- This award can be applied only to tuition charges during the academic year (i.e. during the fall and spring semesters) for a maximum of 8 semesters (4 years).
- Students must also meet satisfactory academic progress (SAP).
- Any additional funding you receive from any source may require an adjustment to your eligibility for need-based institutional, federal, or state aid.
- Grant amounts are determined after all other merit and need-based awards are taken into account. Eligibility is determined after review of your FAFSA information and/or completion of verification. For students with an EFC (eligibility index/expected family contribution) between 0 and 1500, the amount of grant will range from $500 - $1,000.
- This grant aid may change if your family’s financial circumstances change (e.g. income, assets, number of students in your family who are enrolled in college) which results in an EFC (eligibility index/expected family contribution) that is outside the eligibility range; not enrolled full-time; or if you do not meet SAP.
- Funding for the institutional grant is determined each year and the grants will be awarded until funds are expended.