FEDERAL FINANCIAL AID

FEDERAL PELL GRANT. All students pursuing their first baccalaureate degree are eligible to apply for this grant. The amount awarded by the FPell grant depends on the need of the student and the cost of the program of study in which the student is enrolled. Students apply for a FPell grant by completing the Free Application for Federal Student Aid (FAFSA) form.

FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT (FSEOG). The FSEOG program is designed to assist students with exceptional financial need by supplementing other sources of financial aid. FSEOG grants range from $100 to $4,000. Students apply for the FSEOG by completing the FAFSA. At Sitting Bull College, priority is given to students who apply by May 15 for Fall term and December 15 for Spring term.

FEDERAL WORK STUDY (FWS). The FWS program provides eligible students with an on-campus job to earn money to help pay college expenses. Awards range from $200 to $6,000 per academic year and the wage is set at $8.00 per hour. SBC offers community service jobs at the Sitting Bull College Library that also serves as the community public library and with the Adult Basic and Secondary Education (ABSE) office. Students apply for the FWS program by completing the FAFSA and a SBC employment application. At Sitting Bull College, priority is given to students who apply by May 15 for the Fall term and December 15 for the Spring term.

FEDERAL EDUCATION LOANS. As of July 1, 1990, Sitting Bull College no longer participates in the federal education loan programs; therefore, students may not receive a federal education student loan to attend Sitting Bull College. However, students attending SBC are eligible to receive an education deferment and must contact the holder of their loan(s) to request a deferment.

Students should advise the Financial Aid Director at the time of their enrollment that they have an outstanding loan for which they need assistance in getting a deferment or forbearance.

FEDERAL DIRECT CONSOLIDATION LOAN. Students who are in default on a federal education loan are not eligible to receive federal financial aid. However, a defaulted borrower may once again qualify for federal financial aid by consolidating his/her defaulted loan(s) through a program called the William D. Ford Federal Direct Consolidation Loan Program. The borrower is required to make at least three consecutive monthly payments on the defaulted loan(s) before the consolidation loan will be approved and disbursed by the U.S. Department of Education. Once the loan(s) is consolidated, the borrower will receive notice that s/he is once again eligible for federal financial aid and must provide a copy of this letter to the college s/he is attending. For further information, a defaulted borrower may contact the Department of Education at 1-800-557-7392.