Financial Aid

A majority of York students receive some form of financial aid. In fact, more than 90% of our students receive some type of financial assistance to attend York College. York College offers a multitude of financial assistance including scholarships, grants, loans, and work-study programs.

Financial Aid

Grant Programs
Federal Pell Grant: This award does not have to be repaid to the source. This grant is awarded to students for amounts up to $4,731 per year. Eligibility is determined as a result of filing the Free Application for Federal Student Aid (FAFSA). York College’s school code is 002567.

Federal Supplemental Education Opportunity Grant: This award does not have to be repaid to the source. This grant is awarded to students who receive a Pell Grant. The amount of this grant averages $500 per year. Eligibility is determined as a result of filing the FAFSA. York College’s school code is 002567.

State Grant: This grant is awarded to State of Nebraska residents that are attending school in Nebraska. Eligibility is established by being Pell Grant eligible as determined by the results of the FAFSA. York College’s school code is 002567. The amount of this grant averages $500 per year.

Loan Programs
Federal Subsidized Stafford Loan: This loan is a need-based loan as determined by the results of the FAFSA. York College’s school code is 002567. The annual amounts for this loan are:
     •       $3,500 for freshman
     •       $4,500 for sophomore
     •       $5,500 for juniors and seniors

The federal government subsidizes the interest on this loan. This means that while you are attending school at least half-time, your bank is receiving interest payments from the government on your behalf. You will begin making payments on this loan six months after you graduate or cease being at least a half-time student.

Federal Unsubsidized Stafford Loan: This loan is a non-need-based loan. Any student completing the FAFSA and is not eligible for a Federal Subsidized Stafford Loan can borrow under this loan program. Income limitations are not a consideration for this loan. The annual amounts for this loan are:
     •       $3,500 freshmen
     •       $4,500 sophomores
     •       $5,500 juniors and seniors

The federal government does not subsidize the interest on this loan. Unlike the Federal Subsidized Stafford Loan, you are responsible for the interest while you are attending school. You have the option of making quarterly interest payments to your lender or letting the interest capitalize while you are in school. You will begin making principal and interest payments on this loan six months after you graduate or cease being at least a half-time student.

Federal Parent Loan for Students (FPLUS): This loan is a non-need-based loan. Parents may take out a government loan on behalf of their student for whatever amount they need to send their student to York College up to the cost of attendance as determined by York College. Payments on this loan begin 60 days after the final disbursement.

Work-study programs
Federal Work-Study Program: This work program is available for students who are determined to be eligible as a result of the FAFSA. Students are assigned jobs on campus on a need-based, first-come, first-served basis. A student may be assigned to work from 4.5 to 9 hours per week. A student will be paid at least minimum wage as established by Wage and Hour. Students will have the option to be paid with a paycheck on the 10th of the following month or have the amount applied to the unpaid balance owed York College.

Institutional Work-study Program: This program is treated the same as the Federal Work-Study Program with the difference being that the paychecks are funded by the institution rather than the government.