Financial Aid Home | Financial Aid | Loans and Grants Loans and Grants Federal Financial Aid Federal Pell GrantThe Pell Grant is a grant from the federal government that does not have to be paid back. The grant may only be awarded to undergraduate, degree-seeking students who have not already obtained a bachelor's degree. The award amount is based on a student's financial need as determined by the Free Application for Federal Student Aid application. Federal Supplemental Educational Opportunity Grant FSEOG awards are made to undergraduate students with financial need. SCC has a limited amount of funds to award to eligible students. Eligible Federal Pell Grant recipients with the lowest Expected Family Contribution are considered first for available federal FSEOG funds. Federal College Work-Study ProgramSCC participates in the Federal College Work-Study Program. FCWS funds are awarded to students on the basis of financial need. Students seeking FCWS need to complete and return a Work-Study Application for consideration. Forms can be picked up at the SCC Placement Office on the Lincoln campus, or any Financial Aid Office where you will be completing your Program of Study. Federal Direct Stafford LoanThe Federal Direct Stafford Loan program enables students to borrow from the U.S. Department of Education. The loan amount is limited to the cost of education minus EFC, and in some instances minus other financial aid the borrower is expected to receive for the loan period. Dependent, first-year students may borrow a maximum of $5,500 per school year. Dependent, second-year students may borrow a maximum of $6,500 per school year (subject to other restrictions per federal regulations). Independent, first-year students may borrow a maximum of $9,500 per school year. Independent, second-year students may have a loan limit of $10,500. Federal Direct Parent Loan (PLUS) The Federal Direct PLUS is for parent borrowers of dependent students and provides additional funds for educational expenses. Federal Direct PLUS loans enable parents with good credit histories to borrow for each dependent child who is enrolled at least half-time. Federal Direct PLUS loans are made by the U.S. Department of Education. Applicants do not have to show financial need, but must undergo a credit analysis. Repayment begins within 60 calendar days of disbursement, and deferments are available under certain conditions. Federal Direct PLUS loans cannot exceed the College's estimated cost of education minus other financial aid. Parents may apply for a PLUS loan at: www.studentloans.gov. National Farmworker Jobs ProgramThis is a grant from the Department of Labor that assists those who have done seasonal or migrant farm-work in the last two years. Unlike student loans this is a grant and therefore does not have to be paid back. This grant can only be considered by students who are only planning on obtaining a two-year degree or less. This grant can assist its students with tuition, books, tools, and a weekly stipend for time spent in the classroom. Campus Contacts Proteus Inc. Additional Resources Lincoln: Rachel KreikemeierBeatrice: Rachel KreikemeierMilford: Kim Parnell 3830 VerMaas Place Suite ALincoln NE 68502Office: 402-805-4004Fax: 402-805-4043 Department Of LaborProteus Inc. Nebraska State Financial Aid Nebraska Grant (NOG)NOG funds are awarded to Nebraska residents on the basis of financial need eligibility. Students apply by completing the FAFSA. Eligibility is determined by state guidelines. Institutional Financial Aid SCC Tuition GrantThe SCC Tuition Grant is a waiver of tuition, or a portion thereof, for one or more terms and is not a cash award. Students apply by completing the FAFSA. This institutional grant is awarded on the basis of financial need. Scholarships SCC's scholarship program was established to promote and encourage interest in education for students planning to enroll, to reduce the student's financial obligation, and to recognize outstanding academic achievement in course work already completed at SCC. Scholarships are considered "gift aid" and do not require repayment unless the donor has clearly indicated repayment procedures in the scholarship announcement. Scholarships are awarded on the basis of academic achievement and/or financial need. Applicants are evaluated on criteria specified by the scholarship donor. Selection is made by the SCC Scholarship Committee or the scholarship donor. Students applying for scholarships awarded on the basis of financial need must file a FAFSA. Scholarships are added to the student's aid package. In case aid is terminated or a student withdraws or is academically suspended, unused funds are returned to the appropriate fund, including, but not limited to, NOG, FSEOG and SCC Tuition Grant. Scholarships available include those provided through the SCC Educational Foundation and others designated by contributors for specific categories. Students may apply for scholarships online each term. Students must provide an accurate e-mail address in order to be notified of awards and other related scholarship communications. Thank-you letters are strongly encouraged for all scholarship awards.