Student Financial Aid & Scholarships
Financial aid consisting of scholarships, grants, loans, and part-time student employment is designed to supplement a student’s own resources. Student financial aid may be available for an entire academic year or for part of the year.
Per federal and state regulations, primary considerations in selecting financial aid recipients are based on financial need, U.S. citizenship or eligible non-citizenship status, and the potential to succeed in an academic program at Tri-C. Some types of financial aid are based on criteria other than financial need.
Check out Financial Aid TV – a collection of video clips providing quick answers to common questions. This online service is available 24 hours a day, seven days a week at: http://tri-c.financialaidtv.com.
Application Procedures for Financial Aid
Students applying for financial aid are required to complete the Free Application for Federal Student Aid (FAFSA) form. Students can complete the FAFSA online at www.fafsa.gov. Students can obtain complete information about procedures and financial aid application process on the Student Financial Aid & Scholarships Office website at: www.tri-c.edu/financialassistance.
Students are strongly encouraged to complete the FAFSA and all required verification documentation at least eight weeks prior to the priority deadlines listed below:
|Summer Session||May 1|
|Fall Semester||July 1|
|Spring Semester||December 1|
Financial Aid Options
State Grant Program
Ohio College Opportunity Grants
Community college students who have received Pell grants, but may have exhausted all or part of the Pell within an academic year, may be eligible to the receive state grant aid, known as the Ohio College Opportunity Grant to enroll in the summer term from the Ohio Department of Higher Education. Additionally, students who qualify for the Ohio Education Training Voucher funded by the Orphan Foundation of America are also eligible for the state grant, based on financial need throughout the academic year.
The federal government makes Pell Grant funds available for tuition and other college-related expenses to undergraduate students who demonstrate financial need and maintain satisfactory academic progress in their course of study. Pell Grant recipients are eligible to receive awards from this program to complete their first undergraduate bachelor’s degree. Note that effective July 1, 2012, students are limited to 12 full-time semesters (24 equivalent part-time semesters) of Pell Grant eligibility. Students apply for Federal Pell Grants by completing the FAFSA. Beginning 2017-2018, Summer Pell is available for students who enroll in at least six (6) credits even if they have enrolled full-time Fall and Spring sessions.
Federal Supplemental Educational Opportunity Grants (FSEOG)
The FSEOG Program provides grants to students who demonstrate exceptional financial need to help meet their costs of post-secondary education. FSEOG recipients are eligible to receive awards from this program for the period required to complete their first undergraduate bachelor’s degree. Students apply for FSEOG funds by completing the FAFSA. Awards are contingent on availability of funds. Students who may be eligible for this program are encouraged to complete the FAFSA as early as possible each year to ensure full consideration.
Federal Direct Student Loan Program
These loans are also known as Stafford Loans. Students who apply for loans will be awarded either a subsidized or an unsubsidized loan based on financial need. Students must be enrolled in at least six credits and maintain satisfactory academic progress in their course of study. During the in-school period, all interest is paid by the federal government on subsidized loans. Interest on unsubsidized loans will accrue from the time the loan is disbursed to the student. Loan amounts are based on year in college and dependency status as established by the U. S. Department of Education. Repayment begins six months after the student leaves school or drops below 6 credits. Students must complete the FAFSA to be considered for the Direct Loan Program.
Parents may also choose to borrow a Parent Loan (PLUS) for students who are enrolled in at least six credits. Parent Loan applications are available in any Student Financial Aid & Scholarships Office and are awarded based on an approved credit check. Students are required to complete the FAFSA to apply for the PLUS Loan to ensure that the student has been considered for all types of aid programs.
Federal Work-Study Program (FWS)
This federal program provides funds for part-time student employment, up to 20 hours per week at Tri-C or at a community service agency. Students apply for FWS funds by completing the FAFSA. Awards are contingent on availability of funds and need. Students who may be eligible for this program are encouraged to complete the FAFSA as early as possible each year to ensure full consideration.