Financial Aid programs provide financial assistance to help students meet their educational costs while they are enrolled in post-secondary education. If your student applies for funds through a federal government program, they are required to complete the Free Application for Federal Student Aid (FAFSA). Federal assistance can be provided through:
Grants: These funds do not need to be repaid. Typically, grant money is awarded based on financial need.
Loans: These funds are awarded to students or parents of students and do require repayment with interest. Student loans often have lower interest rates and payments can often be deferred while a student is in college.
Employment: Part-time Federal Work Study opportunities may be provided through the college. Students cannot work more hours than the work-study award allows.
The application process for financial aid can be overwhelming for students. This is one process in which parental input may be needed. The FAFSA requires tax information from parents until the student reaches the age of 24, unless the student (1) is married; (2) has a child, lives on their own, and provides over one-half of their child's support; (3) is a veteran of the US Armed Forces; (4) is an orphan; or (5) the student is a ward of the court.
Financial assistance may also be available to your student through state scholarships and/or GSC Foundation scholarships.
Our Financial Aid Office is available for support and guidance as you and your student move through the financial aid application process. Visit the Financial Aid website for additional information on types of financial aid, application deadlines, forms, and contact information.
Information on FAFSA retrieved from: www.fafsa.ed.gov