The purpose of financial aid is to assist students in paying for their education. It is a need-based program, and eligibility is determined by completing the Free Application for Federal Student Aid (fafsa.ed.gov). Federal Student aid includes grants, work-study, and loans. Financial aid will not cover all educational expenses, but is designed to assist students in meeting those needs. No applicant will be discriminated against because of race, color, creed, religion, sex, or age.
Please begin your financial aid process by completing the required FASFA application.
The Snow College Financial Aid Department offers several important types of financial assistance to students
PELL - This award ranges from approximately $600 to $5700 and is the principle federal grant program. The amount is based on your Expected Family Contribution (EFC), which is calculated based on information supplied to the U.S. Department of Education in the free application for federal student aid (FAFSA).
SEOG - Supplemental Educational Opportunity Grant - This grant has a limited budget and is awarded to students who apply early and are Pell grant eligible.
Federal Direct Student Loans (Subsidized and Unsubsidized) - Loans made by and guaranteed by the Federal Government (Department of Education). Stafford Loans range from $0 to $5500 per year depending on need and year in school. The Federal Government pays the interest on Subsidized Stafford Loans until six months after the student leaves school or drops below half-time enrollment.. Unsubsidized Stafford Loans are essentially the same, but there are no interest subsidies. Visit studentloans.gov for more information.
PLUS - This is a loan the parent(s) of the student apply for and receive. Therefore eligibility is based on the parents credit rating. It is guaranteed by the Federal Government, but the borrowers are responsible for the interest.
Repayment Options - Learn more about information regarding different options
(All on-campus jobs can be viewed through the "Student" tab in your Badgerweb account)
Work Study - The Federal Work-Study Program provides jobs for students with financial need. Students must be awarded "work-study" before they can apply for any work-study position. Work-Study funds are disbursed in a monthly paycheck. These jobs are typically 8-12 hours per week.
Other Campus Jobs - All students can apply for "Work to Learn" and "Hourly" job positions.