START Office

Available Funds

Grants

Grants are based on financial need and do not have to be repaid. In order to be considered for grant money, you must submit the FAFSA to Chadron State to determine if you qualify. Grants are often times referred to as gift aid. The types of grants that may be available are:

Work Study

Federal Work Study is awarded to undergraduate and graduate students based on financial need and availability of funds. In order to be considered for Work Study, you must submit the FAFSA to Chadron State to determine if you qualify. This program provides job opportunities for students to earn money to help offset educational expenses for the academic year. These funds are limited and it is strongly recommended that students meet the June 1st deadline to be considered. A variety of positions are available, some including community service and off campus sites.

The amount of the Work Study award is the maximum you may earn during the term(s) specified. The award is earned according to the number of hours you work successfully. Students are paid at the current federal minimum wage. Students are responsible for locating a job and completing the necessary payroll paperwork. Work Study permits are emailed to the student’s EagleMail account: http://www.csc.edu/hr/student/.

The following document displays the approximate Work Study hours per week/per award. Remember these amounts are only estimates. If you work more hours, your award will be expended sooner in the semester. You and your supervisor will need to monitor your remaining hours so that the Work Study award is not exceeded.

Student Loans

Federal Direct Loan
The federally funded loan program includes both need-based and non-need-based loans and are available to undergraduate and graduate students. In order to be considered for federal student loans, you must submit the FAFSA to Chadron State to determine if you qualify. Eligibility depends upon the student’s enrollment status, grade level, and prior borrowing.

Annual loan limits reflect the maximum combined borrowing from both the subsidized and unsubsidized programs. The annual grade level loan limits are as follows:

Grade Level Loan Amounts
Freshman (0-29 earned credit hours) $5,500
Sophomore (30-59 earned credit hours) $6,500
Junior (60-89 earned credit hours) $7,500
Senior (90-120 earned credit hours) $7,500

For most students the annual loan limits are applicable to a scheduled academic year which begins with the fall semester and ends with the summer session.

All CSC Direct Loan borrowers who are graduating, leaving school, or dropping below half-time (6 credit hours) enrollment are required to complete Exit Loan Counseling. To complete Exit Counseling you must go online to www.studentloans.gov. You will need your FSA ID to complete this requirement.

Repayment of the principal is generally deferred until six months after the student graduates, withdraws, or drops below half-time status. You may be allowed up to 10 years to repay the loan. Monthly payments are set depending on the size of debt with $50 being the minimum payment.

Interest rates for Federal Direct Loans disbursed between July 1, 2015 and June 30, 2016:

Parent Loans

Federal PLUS Loans
This federally funded Parent Loan for Undergraduate Students (PLUS) is available for parents of dependent undergraduate students. Parents may borrow up to the total cost of attendance less financial aid. Proceeds are to be used for educational expenses. For more information on the parent loan process please click here.

Repayment begins within 60 days after the second disbursement is made. However, interest begins to accrue on the date the first disbursement is made. Minimum monthly payments are $50. The borrower may be allowed up to 10 years to repay the loan.

What are the options if credit is declined for the PLUS loan?
1. Appeal the decision. This involves the Department of Education taking a second look at the credit application.
2. Add an endorser. The endorse is a cosigner that may be added to the credit application. Parents and endorsers who utilize this option MUST complete entrance loan counseling prior to loans disbursing. This is done on the studentloans.gov website.
3. If the loan is pursued and denied due to a credit check, if you do no proceed to seek approval or appeals are denied, the fact that the loan has been denied will be sent to CSC. Student do have the option of then requesting to be evaluated for additional student loans. The student must request this in writing by emailing start@csc.edu.

CSC Packaging Philosophy- Financial Aid

Financial aid is awarded on a first-come first-serve basis. Students are strongly encouraged to complete the FAFSA application process to be considered for all financial aid programs.
 

Financial aid awards are based on cost of attendance, enrollment status, expected family contributions, grade level and other aid that is designated to cover college costs.

Once financial awards have been determined, students receive an email disclosing that award package can be found on their MyCSC account and the instructions for accepting/declining their aid. In addition, students must also review and acknowledge their rights and responsibilities.

Financial Aid Cost Worksheet

 TRiO Programs
Student Support Services’ ELITE program is a federally funded program which emerged out of the Higher Education Act Amendments of 1965. Chadron State College was awarded a four-year renewable grant to fund this program and assist its population of eligible students.

Scholarships