Determining Financial Need

The purpose of the Financial Aid Program at Seminole State College is to provide financial assistance to eligible students who wish to further their education but who cannot afford to attend college without assistance.

Financial need is the difference between the estimated cost of education and the amount you and your family are expected to contribute to these costs.

Cost of education expenses include tuition and fees; books and supplies; room and board; and miscellaneous personal expenses. Nine-month budgets for full-time students used in 2008 are listed below:

Note: An additional allowance is added to the appropriate budget for students paying out-of-state fees.

Eligibility Criteria

In addition to demonstrated financial need, students must meet all the requirements listed below to be eligible for financial aid. Other eligibility criteria are listed under each program description on the following pages.

To be eligible for financial aid at Seminole State, students must:

• Be enrolled at least half-time (six credits per semester, except Pell in some cases) in an approved program leading to a degree or certificate;
• Be a U.S. citizen or eligible non-citizen;
• Maintain satisfactory academic progress in their selected course of study;
• Not be in default on a student loan;
• Not owe a repayment on a student grant; and
• Be registered with Selective Services (if required).

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