1. How do I apply for a student loan?
  2. What is the difference between a subsidized or unsubsidized loan?
  3. How do I apply for Financial Aid?
  4. Do I have to apply for financial aid every year?
  5. I missed SCC’s deadline for financial aid. Can I still apply for Financial Aid?
  6. When should I apply for financial aid?
  7. How do I know if my Free Application for Federal Student Aid has been received or processed by SCC? 
  8. I feel like I am an independent student, why do I have to apply for financial aid using my parent's information?
  9. What can I do if my income and/or my family's income have changed drastically from our tax statement or some other extenuating circumstance has arisen?

 

1. How do I apply for a student loan?

 Visit our student loan information page.

2. What is the difference between a subsidized or unsubsidized loan?

A subsidized loan means the federal government will pay the interest on your loan when you are continuously enrolled at least half time, are in your 6th month grace period (after you stop attending school at least half time), or have been granted a deferment.

An unsubsidized loan is when interest begins accruing on the loan immediately after the first disbursement and continues to accrue until the principle balance is paid in full. Borrowers are encouraged to make interest payments, if possible, while in school, during the grace period, or during periods of deferment.

3. How do I apply for Financial Aid? 

Visit our How to Apply for Financial Aid page.

4. Do I have to apply for financial aid every year?

Yes, each year when you file your taxes you will need to update your FAFSA.

5. I missed SCC’s deadline for financial aid. Can I still apply for Financial Aid?

Yes. Complete the FAFSA and have it sent to SCC. If you are eligible, you will receive any eligible aid later in the semester. You will need to have an alternate plan to pay for classes. Each semester there are payment deadlines; therefore, you will need to be able to cover any expenses that are due while your FAFSA application is being processed.

6. When should I apply for financial aid?

As soon as possible after January 1 once you have completed your federal income taxes from the previous year. Although not required, it is preferable to complete your application for admission prior to the FAFSA. Also, make sure to list all of the Title IV school codes for any institution that you are considering attending. This is done in Step Six of the FAFSA. SCC's Federal School code is 017027. Deadline dates for completing your FAFSA are June 1st for fall semester, November 1st for spring semester, and April 1st for summer semester.

7. How do I know if my Free Application for Federal Student Aid has been received or processed by SCC?

SCC will notify you by mail if any additional information is required. You will also be notified by mail after we have completed processing your FAFSA information. The process usually takes about 3 weeks from the date you submitted your FAFSA (be sure to include SCC’s school code on your application 017027), If you have not heard from us by that time you can stop by the Enrollment Services Department (ADM 1113) with a photo ID and we will check on your application.

Tip: Make sure your address stays updated and current in your SCC file each semester

8. I feel like I am an independent student, why do I have to apply for financial aid using my parent's information?

The definition of an independent student is defined specifically by the law.  You will automatically be considered independent for financial aid purposes if you meet one or more of the following criteria in the Free Application for Federal Student Aid (FAFSA):

  1. You were born before January 1, 1988. 
  2. You are married as of the date you completed the FAFSA.
  3. You will be working on a degree beyond a bachelor's degree in the school year 2011-2012.
  4. You are currently serving on active duty in the U.S. Armed Forces or a National Guard or Reserves enlistee for other than state or training purposes.
  5. You are a veteran of the U.S. Armed Forces.
    You are considered a veteran if you:
    a) Have engaged in active duty or were called to active duty for other than state or training purposes for the  Army, Navy, Air Force, Marines, Coast Guard, or a National Guard or Reserve enlistee.
    b) Were a cadet or midshipman at one of the service academies  and were released under a condition other than dishonorable.
    c) Are not a veteran now but will be one by June 30, 2012.

    You are not considered a veteran if you:
    a) Were never in the U.S. Armed Forces.
    b) Were only an ROTC student.
    c) Are currently a cadet or midshipman at one of the service academies.
    d) Were only a National Guard or Reserves enlistee and were not activated for duty.
    e) Are currently serving in the U.S. Armed Forces
  6. You have legal dependents that fit one of the following definitions:
    a) Children who receive more than half of their support form you
    b) Dependents (other than your children or spouse) who live with you and receive more than half of their support from you now.
  7. You have no living parent (biological or adoptive) at any time since your turned age 13, even if you are now adopted.
  8. You can provide a copy of court documentation that you were in foster care or were a dependent/ ward of the court at any time since you turned age 13 even if you are no longer in foster care or a dependent/ward of the court as of today.
  9. You can provide a copy of a court's decision in your state of residence at the time the court's decision was issued that as of today or immediately before you reached the age of being an adult you are an emancipated minor or are in legal guardianship.
  10. If you were determined at any time on or after July 1, 2009 by your high school/school district  homeless liaison or director of an emergency shelter/transitional housing program or director of a runaway or homeless youth basic center/transitional living program that you were  an unaccompanied youth who was homeless or at risk of being homeless.
    a. "Homeless" means lacking fixed, regular and adequate housing, which includes living in shelters, motels or cars, or temporarily living with other people because you had nowhere else to go.
    b. "Unaccompanied": means you are not living in the physical custody of your parent or guardian.
    c. "Youth" means you are 21 years of age or younger or you are still enrolled high school as of the day you sign the FAFSA

    If you cannot answer YES to any of the above statements, then you are considered DEPENDENT and MUST report your parent's information on the FAFSA.

 

9. What can I do if my income and/or my family's income have changed drastically from our tax statement or some other extenuating circumstance has arisen?

You must complete the appropriate SCC Special Condition Application and submit it to the Financial Aid Office. This request will be reviewed to see if any adjustments can be made.