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Financial Aid

FINANCIAL AID

Many sources of Financial Aid may be available to assist in the cost of tuition, books and supplies. The first step in determining a student’s award package is to complete a FAFSA (Free Application for Federal Student Aid) to determine the amount of money each student is eligible to receive.

 

This checklist will help you complete the financial aid process. Be sure to plan ahead to allow adequate time for processing!

 

For the 2009-2010 school year you will need financial information from 2008.

 

 

This will include:

 

  • Your Social Security number. Your driver’s license (if any) Your 2008 W-2 forms and other records of money earned.
  • Your (and your spouse’s, if you are married) 2008 Federal Income Tax Return
  • Your parents’ 2008 Federal Income Tax Return (if you are a dependent student).
  • Your 2008 untaxed income records that may include Veterans benefits records, child support received, worker’s compensation, etc.

 

Complete your FAFSA (Free Application for Federal Student Aid) online at:

 

www.fafsa.ed.gov.


Once you've completed the FAFSA, a Student Aid Report (SAR) will be generated by the U.S. Department of Education. SCCTC’s school code (016728) will need to be listed in order for us to receive an electronic copy of the Student Aid Report.

If you are selected for Verification, you will be required to complete a Verification Worksheet and provide copies of Federal income taxes and any other sources of income before aid can be processed or disbursed. Make sure you turn in all required forms in order to avoid processing delays.


Types of Financial Aid Available:

 

Federal Pell Grant 

 

  • Description: Federal need-based grant.
  • How to apply: Complete the Free Application for Federal Student Aid (FAFSA). 

 

 

Types of Loans Available:


Federal Stafford Loan Program (subsidized and unsubsidized)

 

  • Description:  Variable interest rate; subsidized interest paid by federal government while in school; unsubsidized interest repayment begins upon disbursement
  • How to Apply: Complete Entrance Loan Counseling and a promissory note.
  • Federal regulations require all student loan borrowers to participate in Exit Loan Counseling whenever you drop below half-time enrollment status, withdraw, or graduate.

 

Federal Parent Loan for Undergraduate Students (PLUS)

 

  • Description:  Fixed interest rate for parent of dependent student; based on credit rating
  • How to apply: Complete PLUS application

 

Nurse Education Assistance Loan Program (NEALP)

 

  • Description: The Nurse Education Assistance Loan Program (NEALP) was created by the Ohio General Assembly in 1990. 
  • The purpose of NEALP is to assist the state in meeting nursing shortages by providing financial assistance to Ohio students enrolled for at least half-time study (or accepted for enrollment) in approved Ohio pre-licensure nurse education program who intend to serve as nurses after graduation. 
  • NEALP provides up to $3,000 per year. In exchange, to qualify for loan cancellation, recipients must be employed full-time as a registered nurse or licensed practical nurse in the State of Ohio for a minimum of five years after graduation.
  • How to Apply: Complete the Free Application for Federal Student Aid (FAFSA). 
  • Apply for NEALP online:

 http://regents.ohio.gov/sgs/nealp/students.php

 

Student Handbook 

 

Once Click on the link below to access a .pdf of the Student Handbook (Requires a PDF reader like Adobe Acrobat, which you can get free from here: http://get.adobe.com/reader/

 

 

Consumer Handbook

 

Contact Information:

 

Ana Edwards, Financial Aid Coordinator
 
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