The Louisiana Go Grant is a need-based state grant for students aimed at bridging the gap between the amount of financial aid a student is awarded through the Federal Pell Grant program and the actual cost of attending a Louisiana college or university. A student must meet specific program requirements to be eligible to receive this grant.
To be eligible for the Go Grant, a student must:
- Be a Louisiana Resident
- Receive a Federal Pell Grant
- Have remaining need after deducting the Expected Family Contribution (EFC) and all federal, state, institutional grant or scholarship aid from the student’s cost of attendance
- Be enrolled at least half-time
Beginning with the 2013-2014 Award Year, priority consideration will be given to students who meet the eligibility requirements established by the Louisiana Office of Financial Assistance (LOSFA) and have completed the FAFSA and any requirements necessary for packaging on a first-come first-serve basis.
If the number of eligible students exceeds the program appropriations, then students who completed the financial aid process earliest are given priority consideration.
In the event of a funding surplus due to a decrease or cancellation of awards, funds may be reallocated to eligible students who demonstrate substantial financial need.
The University is concerned about students with financial hardships being able to pay for tuition and fees. For this reason, the University has established a Go Grant award structure to best fit our student population and allocation of funding. As such, the institutionally set annual maximum award may not exceed $2,000 for the 2013-2014 Academic Year. The minimum award amount that a student may receive is $300.
Operating under the proposed guidelines provided by LOSFA, the Office of Financial Aid has established a packaging procedure to ensure equitable distribution of funding among our student populations in a manner to reduce the most students’ overall unmet need. Specifically, our office will attempt to reach students with the most financial need and award the Lousiana Go Grant to bring their maximum financial need met with gift aid to sixty percent.
All gift aid, inclusive of the Go Grant, may not exceed sixty percent of a student’s need, as calculated by using a students cost of attendance and subtracting the expected family contribution.
Student awards are calculated as explained in the “Award Calculations” section and the award amount is based on a full-time student attending the fall and spring semesters.
For students who do not or will not be attending both fall and spring semesters of the academic year, the annual award amount shall be reduced by fifty percent.
For students with less than full-time enrollment during the fall or spring semesters of the academic year, the awards will be prorated according to their enrollment status.
We have developed a mechanism for ensuring consideration of awards for reentry and transfer students on the same basis as continuing students. Specifically, our office reviews the master payment roster provided by the state to identify students who may have received the award in the past.