Financial Aid

SCC Home » Student Services » Financial Aid » Federal Programs

Federal Programs

Title IV Federal School Code: 001292

Free Application for Federal Student Aid(FAFSA)
Free Application for Federal Student Aid(FAFSA)

Specific federal and state financial aid programs available at Solano Community College include the following:

Federal Pell Grants

http://www.fafsa.ed.gov The major federal grant program available is the Pell Grant. Students get considered for this program by completing the Free Application for Federal Student Aid (FAFSA) by going online to http://www.fafsa.ed.gov. The Department of Education determines the eligibility of a student based on a formula and according to units carried by a student per term.

Federal Supplemental Educational Opportunity Grants (FSEOG)

http://www.fafsa.ed.gov This federal program is directed toward assisting exceptionally needy students. On-time applicants with the lowest Expected Family Contribution (EFC) receive consideration for this fund. Because funds are limited, it is important for students to meet the application deadline line.

Federal Work-Study (FWS)

http://www.fafsa.ed.gov Under this program placement into a job is made for students demonstrating financial need according to the Department of Education formula.

U.S. Department of Education Direct Loan Program

Solano Community College participates in the following loans under the U.S. Department of Education Direct Loan Program:
  • Direct Subsidized Loans - are loans for students with financial need, as determined by federal regulations. For Direct Student Loans with disbursements made on or after July 1, 2012 and before July 1, 2014 interest will immediately begin to accrue as soon as the student is no longer enrolled in at least half-time status (6 or more units). The federal government will not pay the interest during the six month grace period. Beginning July 1, 2012 the interest will be the responsibility of the student.

    New federal regulations were implemented for first time borrowers effective July 1, 2013. This new regulation requires subsidized loan amounts to be prorated for all first time borrowers. (Students who do not currently owe ANY principal, interest or balance on any subsidized loans) Proration is based on the number of units a student is enrolled in for each semester a student requests a loan.
  • Direct Unsubsidized Loans - are non-need based loans for students as determined by federal regulations. Because this loan is not subsidized by the government, you are responsible for all interest which accrues during in-school, grace, and deferment periods.

Start Planning Early! Did you know you can get estimates of your Expected Family Contribution (EFC) and Federal Pell Grant eligibility using FAFSA4caster? Any student, regardless of age or year in school may use FAFSA4caster before officially applying using the FAFSA.


FAFSA4caster