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Federal Grants & Loans
FEDERAL
GRANTS
Federal Pell:
Federal Pell Grants provide
non-repayable funds to eligible applicants and are intended to
be the foundation of a combination of awards. These
grants may be used for payment of tuition, books and living
expenses, but do not cover the full cost of these items.
To receive a Federal Pell Grant, a student must be enrolled in
an eligible program and complete the Free Application For Federal
Student Aid (FAFSA). Applications are
available in the Denmark Technical College Financial Aid
Office.
Federal SEOG:
A Federal Supplemental Educational Opportunity Grant (FSEOG) is
awarded to students with exceptional financial need.
Federal SEOG is gift assistance and is not repaid. Students
must reapply each year. The Federal SEOG is only awarded
to students that demonstrate exceptional need as defined by the
U.S. Department of Education. To determine need, complete
the FAFSA form. At Denmark Technical College, FSEOG is awarded
to students who have remaining eligibility after being considered
for a Pell Grant and part-time work.
FEDERAL WORK-STUDY
Federal Work-Study:
The Federal Work-Study program provides part-time employment to
eligible students. You are paid on an hourly basis at a
rate not less than the federal minimum wage. You must be
enrolled in an eligible program. Work-study jobs
may be both on- and off-campus.
FEDERAL LOANS
Federal Direct (Stafford) Loans
(formerly the Guaranteed Student Loan or GSL) are low-interest
Loans loans administered by the South Carolina Student Loan
Program to assist students in paying educational-related expenses.
Repayment is deferred until six months after the student leaves
college and payments are made in monthly installments.
The Federal Plus Loan Program
was established to ease the burden that the cost of post-secondary
education places on many families. Federal Direct PLUS loans
are available to parents of dependent students who need additional
financial assistance or who may not qualify for other types of
financial assistance.
SOUTH CAROLINA
AID PROGRAMS
The South Carolina Need-Based Grant
is designed to provide additional financial assistance to Need-Based
Grant South Carolina’s neediest students. In order
to receive the SC Need-Based Grant, you must comply with the following
requirements: 1) Be a legal resident of the state
of South Carolina; 2) Be of good moral character,
have no felony convictions or criminal record; 3) Be admitted
and enrolled at least half-time as an undergraduate student and
seeking your first undergraduate degree; 4) Make
satisfactory academic progress as defined by the College Catalog;
and 5) Renewal students must maintain a minimum cumulative
grade point average of 2.0 and must complete a minimum of 24 credits
in an academic year.
South Carolina LIFE Scholarships provide free tuition
to eligible students. For more information contact the Financial
Aid Office at (803) 793-5129.
Lottery
Tuition Assistance Program provide
tuition assistance to South Carolina residents attending a two-year
public or independent institution of higher learning.
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