Financial aid timeline

Now is the time to start exploring the financial aid options available to fund a SCAD education during the 2016–17 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.

 

January-March, 2016

Complete the 2016–17 free application for Federal Student Aid Federal Student Aid (FAFSA).*

  • SCAD school code is 015022.
  • Submit early for priority consideration for federal grants.
  • Once submitted, students will receive a Student Aid Report. Review this for accuracy and submit any necessary corrections.
  • 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 2016

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 2016–17 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, 2016

Apply for additional aid: If needed, students may apply for supplemental financial aid 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 2016

Fall 2016 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 2016

Fall 2016 tuition, housing and meal plan balance due Monday, Aug. 1, 2016.

  • Balances not paid by the due date are subject to a late fee of 5 percent of the account balance.
  • View all upcoming quarterly tuition due dates for the 2016-17 academic year.