Types of Financial Aid Available at FSCC

Pell Grant

Federal grants are available to students who demonstrate financial need according to federal formulas. Grants do not have to be repaid. To apply for a Pell Grant, you will need to submit a Free Application for Federal Student Aid (FAFSA).

Direct Subsidized & Unsubsidized Stafford Loan

Subsidized Direct Loans will be offered only to students with need based on a valid Student Aid Report.

Unsubsidized Direct Loans will be available to students and not based on their need as calculated by their Estimated Family Contribution (EFC). The amount of eligibility will not exceed the maximum amount of the yearly allocation allowed by the Department of Education (DOE) and not exceed the student's cost of attendance. The Financial Aid office will package the maximum amount for which the student is eligible.

Student loan limits are as listed below:

  • Dependent 1st year:     
  • Subsidized: $3500    
  • Unsubsidized: $2000
  • Dependent 2nd year:    
  • Subsidized: $4500    
  • Unsubsidized: $2000
  • Independent 1st year:  
  • Subsidized: $3500     
  • Unsubsidized: $6000
  • Independent 2nd year: 
  • Subsidized: $4500    
  • Unsubsidized: $6000

Stafford Loans will not be processed for students attending less than half time. If a student is attending less than full time their tuition, fees and books and supplies components of their annual Cost of Attendance (COA) will be reduced. Students are notified of any changes through their student e-mail account.

Parent PLUS Loans for undergraduate students are available to parents who are in need of additional funds. Parents can apply for the PLUS Loan at www.studentloans.gov

If a dependent student's parents have been denied a parent PLUS Loan, a dependent may qualify for additional unsubsidized loan funds.

Students must complete online Entrance Counseling and a Master Promissory Note at www.studentloans.gov prior to loan origination. Loan step instructions are included in the online acceptance through GIZMO.

 

Federal Work-Study

The College Work-Study Program is on-campus employment for eligible students.  Students who have a financial need based upon federal formulas, may be able to work up to 20 hours a week for minimum wage.  Eligibility cannot be determined until after a student has accepted/declined their financial aid award(s).

 

Scholarships

Scholarships are awarded on the basis of academic ability, participation in activities, financial need and/or athletic skill. Scholarship applications are due by April 1.  To learn more, please visit FSCC's webpage on scholarships or call Admissions at (620) 223-2700 ext. 3510. 

 

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