Financial aid timeline

Now is the time to start exploring the financial aid options available to fund a SCAD education during the 2018-19 academic year. The details below will help you understand your responsibilities and give you a timeline to ensure you have the best possible financial aid package in place for the upcoming academic year.

 

October-March

Complete the Free Application for Federal Student Aid, or FAFSA.*

  • The 2018-19 FAFSA goes live Oct. 1, 2017.
  • SCAD school code is 015022.
  • Submit early for priority consideration for federal grants.
  • Use the IRS Data Retrieval Tool to ensure your information is as accurate as possible.
  • Once the FAFSA is submitted, students receive a Student Aid Report. Review this for accuracy and make any necessary corrections to your FAFSA.
  • If selected for verification, respond promptly with the requested information.

*Student must be a U.S. citizen or eligible noncitizen to complete the FAFSA.

 

April 

Apply for current student scholarships: Students on schedule to complete at least 45 credit hours at SCAD by the end of spring quarter may apply for current student scholarships. Any award received is a one-time award disbursed only for the following academic year. Current students may submit an application through MySCAD any time during the month of April.

Receive financial aid award letter: Students who have completed the FAFSA and all necessary requirements at least two weeks prior to the end of April will receive an award letter via SCAD email.

 

May-June 

Apply for additional aid: Students may apply for supplemental financial aid, if needed, to cover the cost of education.

  • Parents of dependent students may apply for the credit-based federal Direct PLUS loan. Approved parents may borrow up to the cost of attendance minus any other financial assistance received.
  • Students may apply for alternative, credit-based loans from private lenders through ELMselect.com, which provides a list of lenders that provide products and services for many students and their families.
  • Learn more about outside scholarships.

Review financial aid award in MySCAD

  • Students should confirm that terms and conditions and loans have been accepted.

 

July

Fall quarter billing statement emailed to students

  • Review the billing statement closely to ensure all expected financial aid is listed under "Anticipated Aid" and deducted from the fall quarter balance.
  • Follow up with student success and advising if you have any questions regarding your billing statement.

 

August

Fall quarter tuition, housing and meal plan balance is due Aug. 1, 2018.

  • Balances not paid by the due date are subject to a late fee of 5 percent of the account balance.