Arizona Student Grants for College

Fund Your Education with Free Grant Money

Applying for and receiving state- and federally-funded grants can be a complicated process. However, there is a significant amount of financial help available directly through the state universities.

Arizona state officials confirm that 70% of their student body are eligible to receive some type of grant.

These universities have a variety of need-based and merit-based grants for new and returning college students, transfer students, graduate students and minority students.

How to Apply in Arizona

When applying directly through the state university, students are advised to first visit the college and consult with the Heads of the departments they intend to major in to find out exactly what grants are available. They can then follow up by going to the financial aid office for all necessary forms and detailed instructions.

Whether federal or state, most grant programs require students to complete the Free Application for Federal Student Aid (FAFSA) so no matter which grant(s) students intend to apply for, they’re advised to complete this form as the first part of the process. Also, it should be noted that many of these grants are awarded on a first-come, first-serve basis.

The following is a list of the state-funded grants available to Arizona students.

Postsecondary Education Grant (PEG)

The Postsecondary Education Grant (PEG) is not based on financial need and it offers financial support as an encouragement to inspire students to attend a private four-year institution in Arizona to obtain a bachelor’s degree. The maximum amount paid is $2,000 per year for up to four years and it must be used for tuition, books and fees.

Priority students, or students who have received PEG grants in the previous year, will be considered first. Then the grants are awarded on a first-come, first-serve basis to all other applicants. If the student fulfills all requirements, this grant will be declared a forgivable loan. If the student doesn’t obtain a bachelor’s degree within five years, however, this grant will be converted to loan status and will have to be repaid.

Minimum Eligibility Qualifications

Requirement Details

The Free Application for Federal Student Aid (FAFSA) must be completed and submitted to the U.S. Department of Education each academic year.

Students must complete and submit a promissory note each year during this process (a legal agreement between the student and the lender to pay back funds if all conditions are not met within the given period of time).

Arizona Private Postsecondary Education Student Financial Assistance Program (PFAP)

The Arizona Private Postsecondary Education Student Financial Assistance Program (PFAP) offers grants that are given based upon need. These grants provide financial support as an encouragement to inspire students who graduate from community colleges to attend a private four-year postsecondary institution in Arizona to obtain a bachelor’s degree.

The maximum amount paid is $1,500 - $2,000 per year for up to two years and these funds must be used explicitly for tuition, books and fees. The fact that this is a need-based grant means that it would be considered a forgivable loan if the student successfully fulfills the conditions of the grant. On the other hand, this grant will have to be repaid if the student doesn’t obtain a bachelor’s degree within three years.

Minimum Qualifications

Requirement Details

If students meet the minimum qualifications for both the PFAP and PEG grant programs, they cannot accept funds from both grants at the same time. Under Arizona statutes, students should utilize funding from the PFAP grant program before accepting PEG grant funds.