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Federal Grants

Pell Grant

  • Ranged from $602 to $5,550 for 2012-13 for eligible students for a full-year, full-time award.
  • Individual awards are determined based on federal formula. 
  • Payment is calculated for full-time enrollment (12 or more hours per semester), 3/4 time enrollment (9-11 hours per semester), or half-time enrollment (6-8 hours per semester). 
  • Students enrolled less than half-time may also be eligible. 
  • To be considered, the results of your valid application must reach BVU while you are still enrolled.

Supplemental Education Opportunity Grant

  • Available to students who show exceptional financial need and are eligible for a Federal Pell Grant. 
  • Partially federally funded, but awarding is controlled by the University. 
  • Because funding is limited, priority is given to students who complete the FAFSA by June 1 and list Buena Vista University on the application.

Robert C. Byrd Scholarship

  • Up to $1,500 
  • Made available by the federal government in the form of grants provided to the state. 
  • Students can apply through the Iowa College Student Aid Commission. 
  • Evidence of financial need is not a requirement.

TEACH Grant 

  • Provides up to $4,000 per year in grant funds 
  • For graduate and undergraduate students who intend to teach full-time in high-need subject areas for at least four years at schools that serve students from low-income families .
  • Reverts to an Unsubsidized Direct Stafford Loan if these conditions are not met within eight years of graduation.

To receive a TEACH Grant, students must:

  • Complete the Free Application for Federal Student Aid (FAFSA) before the yearly deadline, although financial need is not required.
  • Meet eligibility requirements for federal student aid.
  • Meet one of the following academic achievement requirements:
    • Score above the 75th percentile on a college admissions test (e.g. SAT, ACT, GRE, or
    • Graduate from high school with a cumulative GPA of at least 3.25 (on a 4.0 scale) to receive a grant as a freshman, or
    • Have a cumulative GPA of at least 3.25 (on a 4.0 scale) on college course work to receive a grant for each subsequent term.
  • Students enrolled in the post-baccalaureate education program are not eligible.

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Buena Vista University
610 W. Fourth Street
Storm Lake, Iowa 50588
800.383.9600

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