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Financial Aid

How to Get Financial Aid

 

Announcements

Students whose household income has decreased due to Covid -19:

Financial aid administrators (FAA) have statutory authority to use professional judgment to make adjustments on a case-by-case basis to the cost of attendance or to the data used in calculating the EFC to reflect a student’s special circumstances, such as using the prior year income or the projected current year income. The use of professional judgment where students and/or their families have been affected by COVID-19 is permitted, such as in the case where an employer closes for a period of time as a result of COVID-19. In making professional judgment determinations, FAAs must obtain documentation and retain it in each student’s file. This documentation must substantiate the reason for any adjustment. Examples of documentation we may request are: prior year tax forms, current year income statements, such as pay stubs and unemployment compensation determinations or other items based on individual circumstances as determinations must be made and documented on a case-by-case basis. Students/families finding themselves in this situation should contact our office. We can make a determination if you meet the criteria for the adjustment and provide you with the appropriate forms for reconsideration for federal and SC state aid if applicable.

 

SC Tax Information:

To help ease the financial burden for South Carolina college students and their families, the South Carolina General Assembly has created an income tax credit for tuition paid to South Carolina colleges and universities. To claim the credit, a Form SC 1040 must be filed. When preparing the South Carolina income tax return, Form I-319 Tuition Tax Credit must be completed. This form is included with all state individual income tax booklets. For more information about the tax credit, please visit the South Carolina Tuition Tax Credit website.

 

Important Dates

  • November 29, 2021 - students can begin using their Spring 2022 Financial Aid in the bookstore to purchase books and supplies.  The last day to use Spring 2022 funds in the bookstore is February 4, 2022.
  • February 10, 2022 -   initial Spring refunds will be transmitted to BankMobile.  Financial Aid funds are released based upon the courses you are attending at the time.  You must be attending 6 credit hours for loan funds to be disbursed.
  • Loan Request forms are available at forms.fdtc.eduIf you are not able to submit the form electronically, you can print and submit the paper application Loan Request.  
  • 2022/2023 FAFSA - can be completed now.  This opened on October 1, 2021.   The 2021/2022 FAFSA is also available.  Make certain to complete for the correct year.  If you are attending Fall 2021, Spring 2022 and/or Summer 2022 complete the 2021/2022 FAFSA.  If you are attending Fall 2022, Spring 2023 and/or Summer 2023 complete the 2022/2023 FAFSA.

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