By completing the FAFSA, you may be eligible for multiple types of aid. Chadron State College offers Grants, Work Study, Direct Loans, and Scholarships to help you pay for college.
The Federal Direct Student Loan provides both need-based (Subsidized) and non-need-based loans (Unsubsidized) for undergraduate students. These funds must be repaid. You must submit the FAFSA to determine if you qualify. Eligibility depends upon the student’s enrollment status, grade level, and prior borrowing.
Note: Repayment begins 6 months following your last date attended or dropped below half time (6 credit hours). The minimum amount of your payment will depend on the total amount borrowed over your college career.
The Federal 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 other financial aid received. 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.
PLUS Loans are subject to credit approval. You will receive your credit decision via email.
If your PLUS Loan is denied, you have additional options:
Direct Student and Parent (PLUS) Loan additional requirements
In order to receive this grant aid, students must:
Please visit our TRIO site for more information.
Financial Aid is available for summer sessions. Taking courses over the summer is a fantastic opportunity to keep you on track with graduating, enrolling in a hands-on internship, or increasing your GPA.
Studying at a foreign institution involves a lot of pre-departure planning so be prepared for the time it takes. It can take up to 6-8 months depending upon the type of Study Abroad program.
If you are seeking additional financial aid consideration for Study Abroad, additional funding is typically federal or private student loans.
Financial Aid is available for eligible students who choose to participate in a faculty led/sponsored travel abroad. Students can receive financial aid for tuition, fees, room/hotel, meals, books, transportation and some personal expenses. Study Abroad Course(s) are required toward student’s plan of study to qualify.
The Team George Scholarship is available to Justice Studies student(s) participating in the London trip.
Financial Aid is available for eligible students who wish to study abroad at a foreign institution for a semester or a year. All courses taken at the foreign institution must be applicable toward CSC programs and pre-approved prior to traveling abroad. Students can receive financial aid for tuition, fees, books, transportation, meals, room and some personal expenses.
For more information about Financial Aid for Study Abroad opportunities contact:
Crites Hall 114
For more information about Study Abroad opportunities contact:
Learn more about how your financial aid is calculated, how to track your loan history, maximum limits for borrowing, and how to view and accept your CSC Financial Aid awards.
(except students whose parents are unable to obtain PLUS Loans)
(and dependent undergraduate students whose parents are unable to obtain PLUS Loans)
|First-Year Undergraduate Annual Loan Limit||$5,500-No more than $3,500 of this amount may be in subsidized loans.||$9,500-No more than $3,500 of this amount may be in subsidized loans.|
|Second-Year Undergraduate Annual Loan Limit||$6,500-No more than $4,500 of this amount may be in subsidized loans.||$10,500-No more than $4,500 of this amount may be in subsidized loans|
|Third-Year and Beyond Undergraduate Annual Loan Limit||$7,500-No more than $5,500 of this may be in subsidized loans||$12,500-No more than $5,500 of this amount may be in subsidized loans.|
|Graduate or Professional Students
Annual Loan Limit
|Not Applicable (all graduate and professional students are considered independent)||$20,500(unsubsidized only)|
|Subsidized and Unsubsidized
Aggregate Loan Limit
|$31,000-No more than $23,000 of this amount may be in subsidized loans.||$57,500 for undergraduates-No more than $23,000 of this amount may be in subsidized loans.
$138,500 for graduate or professional students-No more than $65,500 of this amount may be in subsidized loans. The graduate aggregate limit includes all federal loans received for undergraduate study.
Tracking your loans is easy on your Federal Student Aid Dashboard at www.studentaid.gov. When logging in to your account on this site, which is the same site where you complete your FAFSA, you can manage and track your student loans.
Simply visit the Federal Student Aid site, choose if you are starting school, about to graduate, or have already graduated, and the new Federal Student Aid site can help you track previous loans, balances, help find your loan servicer, manage payments and complete exit and entrance loan counseling.
Chadron State College offers financial aid to students in two ways, Estimated Financial Aid Offers and Official Financial Aid Offers.
An Estimated Financial Aid Offer will be sent to students if our office is still awaiting additional documentation for verification purposes. Once our office has received all required documentation, we will update the Estimated Financial Aid Offer to an Official Financial Offer, and sent an updated notice to the student via their EagleMail.
The notification will provide instructions on how to accept and/or decline your financial aid awards on your MyCSC.
Awards you DO NOT need to accept:
Awards you DO need to accept
For information about Parent PLUS loans, visit the U.S. Department of Education website.
Students who accept Direct Student Loans (Subsidized or Unsubsidized) for the first time, and are NEW to CSC, are required to complete Entrance Loan Counseling and a Master Promissory Note (MPN). These will appear on your MyCSC To Do list approximately 3-5 days after you accept your student loans.
|Semester||# of graduate Borrowers||Total Borrowed||Average Borrowed|
|Spring 2020||170||$3,423,177.00||$20, 136.34|
|This chart shows the average loan amounts borrowed on the Federal Subsidized and Unsubsidized Student Loan Program at Chadron State College.|
|Total Debt When Borrower
|Total Borrowed for
|*Minimum payment required per loan.
**Does not include any interest that has been capitalized on an Unsubsidized Loan.
***Payment is based on consolidated loans
Chadron State College's current default rate is 8.3%
If you wish to view your personal Direct Loan outstanding debt, login to your MyCSC. Click Financial Aid on the left hand side, and click View Loan Information. You may also access this information by logging in to studentaid.gov with your FSA ID.
Maximum Pell Grant
Students' maximum lifetime edibility for Pell grant is 6 full time scheduled award years. Students attending part time may have more than 6 years of eligibility as far as time. However, over a lifetime, Pell grant eligibility will never exceed the total of 6 full time award years. For example: You have 1 year full time Pell but only use 1/2 the first year as you attended 1/2 in the fall and spring. You have used 1/2 of full Pell grant and therefore have 5 1/2 years of remaining eligibility.
Maximum Subsidized Loan Limits
First time Direct Loan borrowers are eligible up to 6 years of subsidized loan provided aggregate maximum of $23,000 is not met. Once students have exhausted maximum subsidized eligibility, they may become eligible for unsubsidized loans.
Chadron State College makes it easy to purchase your course textbooks, and pay your bill. View more information here, and review CSC's refund policy.
Book Advances are available for those who qualify:
NOTE: The Book Advance/Voucher ID allows you to charge the cost of your textbooks to your CSC Spring Bill.
If you utilize the Book Advance, the book charges will be reflected on your CSC bill and the balance due will update to include these charges--thus reducing the amount of any anticipated refund. The Voucher ID is only valid for textbook purchases through the CSC Online Bookstore
Most financial aid awards (grants, loans, scholarships, etc.) do not disburse/apply to your CSC account balance until the SECOND WEEK of the term/semester/session and after course participation has been verified.
If you do not have enough financial aid to cover your estimated bill OR if you prefer to pay out of pocket, we have payment plans available.
Here are some tips to help you know how much you will owe after your financial aid is disbursed during the second week of classes:
Have questions? Please contact our Business Office at firstname.lastname@example.org or by phone 308-432-6240.
Questions about Financial Aid? Contact the START Office:
308-432-6061 | email@example.com | Crites 114