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Types of Aid and How Aid is Awarded

Grants are sources of financial aid that generally do not have to be repaid. Most grants are awarded only to students with financial need. As most grant funding is limited, early applications are encouraged. You must fill out the Free Application for Federal Student Aid (FAFSA) to be considered. These grants do not require a separate application and will be automatically accepted on the student’s behalf.

Federal Pell Grant

Federal funding available to students with financial need who have not received a bachelor’s degree previously. Amounts vary based on the results of your FAFSA as well as your enrollment.

Federal Supplemental Educational Opportunity Grant (FSEOG)

Federal funding available to students attending at least half time with financial need. Funds are limited to students with the most financial need who are eligible for a Federal Pell Grant. Values range from $100 to $1,000 depending on funds available, enrollment status, and financial need.

Need Based Grant (N-BGR)

Institutional funding available to Utah residents attending at least half time with financial need. Values range from $100 to $1,000 depending on funds available.

Utah Educationally Disadvantaged Grant (UEG)

State funding available to Utah residents attending at least half time with financial need. Values range from $100 to $1,000 depending on funds available, enrollment status, and financial need.

SLCC Promise and the Utah Promise Scholarship help eligible students pay the gap between regular tuition and fees and the Federal Pell Grant. The Promise is intended to remove economic barriers and provide a pathway for SLCC students to complete their degree. You must fill out the Free Application for Federal Student Aid (FAFSA) to be considered. These grants do not require a separate application and will be automatically accepted on the student’s behalf. Please read the information below to understand who is eligible and when funds are applied. 

To be eligible students must:

  • Be eligible for and receive Federal Pell Grant funds.
  • Be a Utah resident.Register for and maintain at least 6 credit hours for Fall or Spring semester when SLCC Promise is awarded. Dropping below 6 credits at any time, will cause SLCC Promise to be canceled. You are only required to attend 6 credits during the Summer semester to qualify. Beginning Fall 2023, SLCC only requires students to register for 6 credits during the Fall and Spring semester to qualify.
  • Maintain satisfactory academic progress standards, as specified in the Financial Aid Satisfactory Academic Progress Policy.
  • Not be attending on a consortium agreement.

Promise is:

  • Applied only toward standard tuition and fees for 6 to 18 credit hours.
  • Adjusted based on actual enrollment.
  • Applied after the last day to drop classes.
  • Reduced or canceled if other funding, such as scholarships, veteran's benefits, sponsorship or tuition waivers are deemed more beneficial.
  • Not awarded retroactively.

Utah Promise Scholarship is only available to students who do not yet have an associate or bachelors degree.

Federal Student Loans assist students with their educational expenses and are repaid when the student is no longer attending or enrolled in at least six credit hours. SLCC participates in two federal loan programs: Federal Direct Loan (subsidized and unsubsidized) and Federal Direct Parent Loan for Undergraduate Students (PLUS). By institutional policy, loans are not awarded retroactively and are not available to students attending the School of Applied Technology. You must fill out the Free Application for Federal Student Aid (FAFSA) to be considered. These funds do not require a separate application. To receive the loans, you will need to accept them in your award offer and complete the Direct Loan Entrance Counseling and Master Promissory Note through www.studentaid.gov.

Federal Direct Student Loans(subsidized/unsubsidized)

The annual loan limit for dependent students who have completed less than 30 hours is $5,500. No more than $3,500 of this amount may be in a subsidized loan. The annual loan limit for students who have completed 30 hours or more is $6,500. No more than $4,500 may be in a subsidized loan.

The annual loan limit for independent students who have completed less than 30 hours is $9,500. No more than $3,500 of this amount may be in a subsidized loan. The annual loan limit for students who have completed 30 hours or more is $10,500. No more than $4,500 may be in a subsidized loan.

Repayment begins 6 months after the student ceases half-time enrollment. The minimum payment is $50 per month and may be higher depending on the total amount borrowed. The maximum time frame allowed for repayment is generally 10 years but may be longer, depending on what repayment options are available to the student.

The current interest rate for Direct Student Loans first disbursed on or after July 1, 2023 and before July 1, 2024 is 5.50%. Subsidized loans do not accrue interest while a student is attending at least half time (6 or more credit hours). Unsubsidized loans accrue interest during the loan period; borrowers may pay the interest or have it capitalized.

An additional unsubsidized amount may be available to students and may be requested by completing an Additional Unsubsidized Loan Application and meeting with a Financial Aid Advisor. Borrowers must complete Loan Entrance Counseling and sign a Master Promissory Note at studentaid.gov to receive student loans.

All students who have a Federal Student Loan who cease to attend college on at least a half-time basis (6 credit hours or more per semester) must complete Loan Exit Counseling.

Repayment Options:

Contact your loan servicer to see what options are available to pay back your federal student loans. You can find your servicer by logging into studentaid.gov.

There are different repayment plans to pay back your student loans. You can select the repayment plan that is right for your financial situation.

Cohort Default Rate:

This rate represents the percentage of SLCC borrowers that entered repayment but failed to make the required payments (defaulted) within the required tracking period. SLCC’s FY2020 three-year default rate is 0.1%.

Federal Direct Parent Loan for Undergraduate Students(PLUS)

Available to parents of dependent students. The award may not exceed cost of education less other estimated financial assistance. Repayment begins 60 days after disbursement. The current interest rate for Direct PLUS Loans first disbursed on or after July 1, 2022 and before July 1, 2023 is 7.54%.

Private Loans

Students should only consider obtaining a private education loan if they have reached their maximum Federal Loan eligibility, or lost eligibility for Federal Student Aid. Please complete the FAFSA before applying for a private loan. The loan amount may not exceed the cost of education less other estimated financial assistance. Interest rates vary based on lender and credit worthiness. A co-signer may be required.

For application information, lender options and loan comparisons, please visit our FastChoice Private Lending for Higher Education page. Please allow up to three weeks to complete the certification process, especially during rush periods.

The Federal Work-Study program is available to students demonstrating financial need who are attending SLCC. Students must first complete the FAFSA to determine financial need. Positions are generally available on campus or at local elementary schools. You can find a listing of available jobs on our Jobs Portal. Award amounts can be as much as $8,000 per academic year. Students employed through the Federal Work-Study program earn money as you work. You will receive a paycheck like any other job. Learn more about the Federal Work-Study program on the Work Study page.

Tuition waivers are not cash-based awards. Instead, they reduce or eliminate your tuition obligation, like receiving a discount or coupon. Award amounts vary based on enrollment status. To continue receiving tuition waivers, you must be meeting Satisfactory Academic Progress (SAP). To apply, visit ScholarshipUniverse.

Please note that tuition waivers do not cover student fees, they are not refundable, and they cannot result in excess funds being issued as a refund. Award amounts and eligibility may be impacted if you are also receiving loans or Federal Work-Study.

Please note that since tuition waivers are designed to help reduce or eliminate your tuition costs, they are not stackable with some forms of external funding. So if you receive additional assistance that also applies to tuition—such as scholarships, sponsorships, third-party payments, and/or VA benefits—your waiver may be adjusted or removed to avoid over-awarding.

If you receive a tuition waiver and don’t have any remaining unmet need or have reached your Federal Cost of Attendance limit, your federal student loans and/or federal work-study may be reduced or removed.

For tuition reduction programs such as Senior Citizen Enrollment, WICHE WUE, or HB 144, please contact Admissions at residency@slcc.edu or 801-957-5044.

Like grants, SLCC scholarships typically do not have to be repaid. However, repayment may be required if you fail to meet minimum enrollment requirements or other scholarship conditions. Scholarships are often awarded based on strong essay submissions, extracurricular involvement, community service, academic excellence, or financial need. To apply, visit ScholarshipUniverse.

Please note that award amounts vary, but scholarships can generally be used to cover tuition and basic student fees. Scholarships are usually not refundable, and generally cannot result in excess funds being issued as a refund. The award amount of your scholarship and your eligibility may be impacted if you are receiving loans and/or Federal Work-Study.

External scholarships from outside organizations will be awarded based on instructions from the donor. These may require repayment if the donor-specified requirements are not met, although this is done on a case-by-case basis. You can find the mailing address for external checks on our SLCC Scholarships and Tuition Waivers page.

SLCC Scholarships are not stackable with some forms of external funding. If you receive additional assistance that also applies to tuition—such as tuition waivers, sponsorships, third-party payments, and/or VA benefits—your waiver may be adjusted or removed to avoid over-awarding.

If you receive a scholarship and don’t have any remaining unmet need or have reached your Federal Cost of Attendance limit, your federal student loans and/or federal work-study may be reduced or removed.

SLCC has a Books and Supplies Loan available to students who need help paying for books and other course materials at the beginning of each semester.

Students applying for the SLCC Books and Supplies Loan must:

  • Be enrolled at least half-time (6 or more credit hours)
  • Owe nothing except current term tuition and fees
  • Demonstrate financial responsibility (i.e. no default, bankruptcy, unpaid school debt)
  • Authorize financial aid funds to pay non-institutional charges

If you would like to apply for a Books and Supplies Loan, please contact us at 801-957-4410 or financialaid@slcc.edu

What is needed to apply for aid?

Most types of aid require the completion of the Free Application for Federal Student Aid (FAFSA) which can be filed online at studentaid.gov. Your application is complete when you have filed the FAFSA and completed all the additional paperwork requested by the Office of Financial Aid & Scholarships.

You must have a complete and correct aid application before we can determine what you are eligible to receive.

How do you determine what I am eligible to receive?

The first step to awarding aid is to calculate your need. Need is determined using your cost of attendance minus your Student Aid Index (SAI), outside assistance and resources. The SAI is calculated by the Department of Education when you submit the FAFSA.

Federal Pell Grant funds are awarded before anything else. If eligible, your Federal Pell Grant will be based on your expected enrollment and SAI.

Next, we award other grants (federal, state and/or institutional). Because we have limited funding in other grants, most funds go to students who have a complete application by the priority dates. SLCC limits students to two types of grant aid per aid year.

Federal Work-Study and Federal Direct Student Loans are awarded next. For Federal Work-Study, you must indicate on the financial aid dashboard whether you are interested. Eligible students will see these funds awarded as part of your financial aid offer.

How will I know what I am awarded?

Once you have been awarded aid, a financial aid offer notification will be sent to your BruinMail account. This email will detail your offered financial aid including: type of aid, amounts, hours the award is based on and additional steps required. You should check your BruinMail frequently to make sure you’ve done everything needed to receive your aid.

You may also view your financial aid offer on your Financial Aid Dashboard at MySLCC. Select the academic year to view your offer for that year.

I've been awarded, when will I receive my money?

All accepted aid, including scholarships or waivers, will automatically apply to your balance after the last day to drop classes for the term you started in. Please view the academic calendar for your specific drop and tuition dates here.

Funds will transfer for students who are: enrolled in eligible classes, making satisfactory academic progress, have all grades posted from previous terms, have completed all requirements and are otherwise eligible for funding.

Some state and institutional scholarship funds may be delayed until later in the semester.

How will my tuition be paid?

All students have a MySLCC account where their tuition and fees are tracked. When financial aid transfers funds to this account, Cashier Services will pay your tuition/fees using financial aid funds.

What happens if there is extra financial aid after tuition is paid?

If your aid is more than your tuition/fees, Cashier Services will refund those funds to you. You can set up direct deposit in SLCCPay+, which is the fastest refund option. If you do not set up direct deposit, your requested funds will be sent by check to your current mailing address.

How long will it take to receive a refund of excess funds?

It takes approximately 10 working days for Cashier Services to process transferred funds. If funds have transferred and you believe you should have received excess funds, contact the Cashiers Office.

Please click this link to review information about the difference between dropping and withdrawing. https://www.slcc.edu/registrar/registration/drop-withdraw.aspx

If you withdraw from all courses, you may have a Return of Funds processed. For more information, visit this link: https://www.slcc.edu/financialaid/return-aid.aspx

Eligibility for federal student aid is determined by Department of Education requirements and Salt Lake Community College policies. You must complete the Free Application for Federal Student Aid (FAFSA) to qualify for federal student aid as well as some state and institutional grants and scholarships.

You must meet the criteria below to qualify for federal student aid:

  • Received a high school diploma, General Education Development (GED) certificate, or completed a high school education in a home school setting that is treated as such under state law.
  • Enrolled in courses toward a degree or certificate in an eligible program. See the Eligible/Non-Eligible Credit Hour Program list.
  • Be a U.S. citizen or eligible noncitizen.
  • Have a valid Social Security Number (unless you're from the Republic of the Marshall Islands, the Federated States of Micronesia, or the Republic of Palau).
  • Maintain satisfactory academic progress. See the Satisfactory Academic Progress page for more information.
  • Cannot be in default on a prior federal student or owe money on a federal student grant.