Does the M.J. Foster Promise Program cover the full cost of my program?
The M.J. Foster Promise Program can only cover tuition, fees, and required instructional materials or supplies. The maximum award is $6,400. For students on a term or semester-based schedule, the award is capped at $3,200 per year, or $1,600 per semester/term.
However, if you are enrolled in a high-cost program (as determined by your college or institution) that can be completed in less than one year, you may receive the full $6,400 upon your first payment.
In general, the M.J. Foster Promise Program may cover the full or partial cost of your program depending on your school’s tuition and fees, the length of the program, and your enrollment schedule. It is always a good idea to check with your school’s Financial Aid Office to understand how your award will apply to your specific program.
Can I use the M.J. Foster Promise Program with other financial aid, like Pell Grant or WIOA?
The M.J. Foster Promise Program award can be combined with other financial aid, but the way it is applied depends on whether it is the first semester or a subsequent semester:
- First semester/payment: M.J. Foster Promise Program is treated as first-dollar funding. It is applied first to tuition, fees, and required instructional materials or supplies. After the M.J. Foster Promise Program, other grants, or scholarships, like the Pell Grant, are applied for. Finally, WIOA funding, loans, or Work Study are applied as “last-last dollar” funding.
- Second semester/payment and beyond: M.J. Foster Promise Program functions as last-dollar funding. Other grants or scholarships, such as Pell Grants, are applied first. Then the M.J. Foster Promise Program covers any remaining tuition, fees, instructional materials, or supplies. Finally, WIOA, loans, or Work Study are applied last.This order ensures that all available aid is used efficiently. Because policies can vary by school, it is always recommended to consult your institution’s Financial Aid Office to confirm how the M.J. Foster Promise Program and other aid will be applied to your account.
If I have used all my Pell Grant, can the M.J. Foster Promise Program award still help?
Using all your Pell Grant does not affect your eligibility for the M.J. Foster Promise Program. The M.J. Foster Promise Program is a separate program with its own eligibility requirements, so you can still receive funding for tuition, fees, and required instructional materials or supplies even if you have exhausted your Pell Grant.It is a good idea to check with your school’s Financial Aid Office to understand how the M.J. Foster Promise Program can be applied to your remaining costs and to ensure your award is processed correctly.
Do I request funds every semester or every year?
For the M.J. Foster Promise Program, you reapply or renew your funding each academic year, not each semester. Your school, however, bills LOSFA for funds on a per-semester or per-term basis, so your award is distributed as you progress through your program.The annual application for the M.J. Foster Promise Program opens on June 1st each year. Applications submitted during this period are for programs starting July 1 of the application year through June 30 of the following year. Even if you start mid-year, you can apply for that academic year as long as your program and school are eligible.
When will funds be available?
Schools bill LOSFA on behalf of eligible students who remain enrolled through the 14th class day or the last day to drop and receive a full refund for the course in which they enrolled.
Do I get the money directly?
M.J. Foster Promise Program funds are paid directly to your school and cannot be received directly by students. The funds are applied to cover tuition, fees, and required instructional materials or supplies.
Do I need an award letter for my school?
Your eligibility email can be shown to your Financial Aid Office. Some schools require the official award letter.
Can I switch programs or schools and keep my award?
You can transfer your M.J. Foster Promise Program award to a new program or school, but the new program and school must be on LOSFA’s approved list. Additionally, you must maintain continuous enrollment and continue to meet all other eligibility requirements, such as academic progress, residency, and (if applicable) FAFSA® submission for Title IV eligible programs.
Can the M.J. Foster Promise Program pay toward student loans?
No, it only covers current eligible programs, tuition and fees, books, and instructional materials.
What happens if the funding runs out?
M.J. Foster Promise Program payments are issued on a first-come, first-billed basis. Once all funds are allocated, no additional awards will be made for the current academic year. If supplemental funding becomes available, awards will be distributed in this priority order until funds are exhausted:
- Outstanding bills from the fall semester for the current academic year.
- Eligible students who have already received the M.J. Foster Promise Award during the current academic year and are continuing in the same program.
- Eligible students who have not yet received an award.
How long will it take to pay my balance after the school bills LOSFA?
Once an institution bills LOSFA for the M.J. Foster Promise Award, it takes approximately ten business days for the institution to receive the funds. Each institution then follows its timeline to apply those funds to a student’s account. Please note that the M.J. Foster Promise Award is a set amount based on the type and length of the program, so it may not cover your full balance.