FINANCIAL AID

• Apply to Bacone College and submit high school diplomas, high school transcripts, GED certificates, or college transcripts as required
• Complete a FAFSA
• Submit any required verification, tax, or other documents *
• Sign and date an estimate for your financial aid

During each semester:

• Attend all courses in which you are enrolled
• Maintain a satisfactory GPA of 2.0 or better

Between semesters:

• Contact the financial aid office if there will be significant changes to your schedule (i.e. changing from 12 hours to 3 hours)

* Please note that changes to a FAFSA during an academic year can result in extra documentation requirements.  

The FAFSA looks back two tax years, so a 2020 tax transcript would be appropriate for the 2022-2023 FAFSA.

More information is available at the StudentAid.gov website.

The exit counseling process will help guarantee that students receive the best possible service while in repayment.

Please also see our exit counseling page.

In addition, there are annual and other limitations.

More information is available at the StudentAid.gov website.

Students who receive federal direct loans have many rights and responsibilities. You can learn more about these at the links below:

• Master Promissory Note
• Entrance Counseling
• Exit Counseling

• A Master Promissory Note
• Student Loan Entrance Counseling

Remember to keep copies of these legal documents for your records.

After both of these have been received, Bacone can review your documents, calculate your eligibility, and update your financial aid estimate.

Students are encouraged to also complete an Annual Student Loan Acknowledgement in order to have the most accurate information about their financial aid.

The exit counseling process will help guarantee that students receive the best possible service while in repayment.

Please also see our exit counseling page.

Popular references include:

• Pell Grants
• Subsidized and Unsubsidized Loans
• Work Study

Student accounts are updated after a confirmation is received from the State of Oklahoma for each award type.

Alexander Posey (American Indian) Scholarships – up to $10,000 per academic year to documented American Indian students enrolled as full-time main campus students

Athletic Scholarships – from $7,000 to $10,000 per year for full-time residential students in good standing and from $2,000 to $5,000 per year for full-time commuter students in good standing

Descendant Grant- A grant for the direct blood descendants of the following contributors to Bacone College:

• Samuel Richard, Walter Starr, William McCombs, and Benjamin Wacoche

Qualifications include: Must provide proof of their heritage (birth certificates and bloodline from tribe). Must apply for Federal Financial Aid with Free Application for Federal Student Aid (FAFSA).

Resident Students – This grant applies to Total Cost (excluding books and fees) with Federal Aid (excluding loans) and outside scholarships and grants being applied to room and board first. Any remaining cash-based funds will be applied to tuition. This grant will be used to make up the difference and can be reduced as other funds are applied.

Commuter students – This grant will cover any remaining tuition cost after Federal Aid (excluding loans) and outside scholarships and grants are applied. If the student does not qualify for any Federal Aid except for loans, and no outside resources, the grant will cover tuition only.

Success Scholarships – up to $7,000 per academic year for full-time main-campus students in good academic standing and up to $2,700 for full-time commuter students in good academic standing. 

Awards are only offered for fall and spring semesters and have GPA reqiurements.

Awards may be reduced for non-attendance, for disciplinary reasons, and for academic reasons.

Awards are offered on an up-to basis and will not create a credit balance.

Bacone scholarships are only available for fall and spring semesters.

• contact the admissions office to apply for admission as a student
• complete a FAFSA for the current academic year

Each of these will lead to additional steps as you are admitted, assigned to an advisor, and enrolled in classes.  Your financial aid eligibility can be calculated after your account has been updated with a class schedule.

If the total of financial aid and other payments for a student exceed the charges on that student’s account, the resulting credit balance will be paid by check.  The business office will contact the student to provide notice that a check is available and provide the option of delivery by mail or in-person pickup.  Direct deposit is not available at this time.

Work study funds are released to students once each pay period, also by check.

Checks not picked up within 14 days will be mailed to the student’s current address on file.

• all of the appropriate paperwork has been completed, submitted and reviewed for that student
• attendance has been reported for that student

Some aid can only be added after the end of the add-drop period of each term.