Financial Aid2019-04-12T16:13:12+00:00

Types of Financial Aid

 There are four basic types of financial aid available for college:

  • Grants: free money

  • Scholarships: free money (Check Salina Tech’s scholarships page)

  • Federal Work-Study employment opportunities: you can use the money you earn to help pay your college costs

  • Loans: money you have to pay back – with interest

Grants, scholarships and awards do not have to be paid back.

Colleges often award grants to help make up the difference between college costs and what a family can be expected to contribute through income, savings, loans, and student earnings. Awards may be based on academic merit, artistic or athletic talent, financial need or other factors.

It is important to always explore the “free money” opportunities available to you before taking out a student loan and remember to borrow conservatively.

College Award Letter

The colleges where you have been accepted and you have indicated on your FAFSA will send you an award letter which will detail the financial aid you can expect if you attend that school.

Consider the offer outlined in each college award letter, which may include grants, scholarships, loans and work-study programs. Make sure you know what is a grant award and what is a loan. Examine each award to determine if it applies for more than the first year and if there are conditions to receiving or continuing the award – such as maintaining a certain GPA, declaring a certain major, or living on campus.

Compare financial aid packages offered by each school. Use the HESC Financial Aid Award Packages Comparison Tool as a guide. Or use The College Board’s comparison worksheet.

When you have chosen a school, tell the financial aid office that you accept or reject all or part of the financial aid package. Complete any other forms required by the school.

Disbursement

Disbursement is the process of financial aid paying electronically into your student account.  Financial aid pays charges in your student account.  If you have sufficient financial aid funds to pay off your account, you will receive a credit balance in the form of a direct deposit to your bank account or a check will be mailed to you.  If your financial aid doesn’t cover your balance, you will receive a bill for the amount you owe.

Credit balances are paid within fourteen calendar days following the disbursement.

Disbursements will not be issued on pending financial aid (aid that has not been confirmed).  If you have questions regarding pending financial aid please contact the Financial Aid Office at 785-309-3100.

Under no circumstances will financial aid be released before the designated disbursement date.

2018-19 Financial Aid Disbursement Schedule

The first available disbursement date is approximately the 30th day of each semester

Month

Date

Date

Date

 September

  —

 25

 October

 9

 23

November

 6

 27

December

 11

 January

 —

  —

 February

 —

 19

 March

 5

 19

 April

 2

 16

30

 May

 2

 16

30

 June

 11

 21

 July

 9

 23

This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.

This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.

This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.

This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.