Financial Aid Office
Types of Financial Aid:
Grants > Loans >
Grants are financial awards that do not have to be paid back. They are available through the
Federal government and local state agencies. All students apply for both Federal and State grants using the FAFSA but other grants are available if you research based on things such as
ethnicity, religion, and degree focus.
The most common grants for undergraduate students are:
- Federal Pell Grant
- Tuition Reimbursement Grant
- Federal Supplemental Educational Opportunity Grant (FSEOG)
- Federal College Work Study
Federal Pell Grant
The Pell Grant is a Federal program designed to help students meet the costs of
their education and the application is automatically made through FAFSA. Factors
considered in determination of student eligibility include the student's income,
number of dependents, etc (which combine to create the students
Expected Family Contribution). Pell
payments are available to students for two full time semesters of study a year.
For SDC students who want to take advantage of our 3-semester year, our
counselor's are available to meet with students to discuss other financial
options in paying for the 3rd semester. Most commonly, a
student's 3rd semester is funded by a student loan.
Federal Supplemental Educational Opportunity Grant (FSEOG)
FSEOG is a need-based Federal entitlement program created to provide additional
support to students whose costs cannot be covered through their own resources or
other financial aid.
Federal College Work Study (FCWS)
SDC participates in the Federally funded Work Study Program which provides eligible
students for part-time college related work.