Types of Aid

Grants are gifts of money which do not have to be repaid, under most circumstances. You must show a significant amount of financial need to qualify for grant programs. Because most grant funding is limited, early application is encouraged. The major grants awarded by SLCC are described below:

  • Federal Pell Grant:
    Available to undergraduate students with financial need. Values range from $574 to $5,645 depending on degree of need, cost of education, enrollment status and congressional funding level.

  • Federal Supplemental Educational Opportunity Grant (FSEOG):
    Federal funding available to undergraduate students attending at least half time with financial need. Funds are limited to students with the highest need who are eligible for a Federal Pell Grant. Values range from $100 to $1,000 depending on funds available, enrollment status and degree of need.

  • Higher Educational Success Stipend Program (HESSP):
    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.

  • 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 degree of need.

At Salt Lake Community College, we believe higher education should be available to anyone who desires it. SLCC Promise & Access Utah Promise 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 to provide a pathway for SLCC students to complete their degree.

To be eligible students must:

  • Be eligible for and receive Federal Pell Grant funds.
  • Register for and maintain at least 9 credit hours for Fall or Spring semester where SLCC Promise is awarded. Dropping below 9 hours at any time, will cause SLCC Promise to be canceled. Summer Promise may be available to students attending 6 credit hours.
  • Maintain satisfactory academic progress standards, as specified in the Financial Aid Satisfactory Academic Progress Policy.
  • Be a Utah resident.
  • Not be attending on a consortium agreement.

Promise is:

  • Applied only toward standard tuition and fees for 9 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.

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

Federal Title IV Loan Programs 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.

  • Federal Direct Loan (subsidized/unsubsidized):
    The annual loan limit for students who have completed less than 30 hours is $3,500.00. The annual loan limit for students who have completed 31 hours or more is $4,500.00.

    Repayment begins 6 months after the student ceases half time enrollment. The minimum payment is $50.00 per month and may be higher depending on the total amount borrowed. The maximum time frame allowed for repayment is 10 years but may be longer, depending on what repayment options are available to the student.

    The interest rate is variable and determined by Congress. 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.

    All students who have a Federal 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.

  • 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 interest rate is variable and cannot exceed 9%.

  • Private Loans:
    Students should only consider obtaining a private education loan if they have maxed out the Federal Loans, or lost eligibility for Federal Student Aid. Please complete the FAFSA application at FAFSA.ed.gov 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 and co-signers are often required.

    For application information, lender options and loan comparisons, go to https://choice.fastproducts.org/FastChoice/home/522000/1. Please allow up to three weeks to complete the certification process, especially during rush periods.

Federal Work-Study
This federally funded program is available to students demonstrating financial need who are attending at least half time. Positions are available on campus or at local elementary schools. Award amounts range from $1,000 to $5,000 and are paid as funds are earned.

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

Student applying for an SLCC Course Materials Microloan 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 microloan, please contact us at 801-957-4410 or financialaid@slcc.edu