Types of Financial Aid
Types of Financial Aid at Trinidad State
The basic types of financial aid at Trinidad State College include:
GRANTS
Grants are gift aid awarded to students. Funds are awarded based on a student's calculated
need as determined by financial aid staff and grant guidelines.
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INSTITUTIONAL SCHOLARSHIPS
The following link outlines the institutional scholarships available at TSC. All institutional
scholarships require a complete application be submitted. You are required to maintain
15 credit hours to be eligible for institutional scholarships.
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TSC Foundation SCHOLARSHIPS
Trinidad State College offers many scholarships annually to students who attend Trinidad
State College on a full-time basis. The scholarships provide monetary recognition
on a year-by-year basis to first time and continuing students who demonstrate academic
expertise in a particular field of study or skill. Many Trinidad State College Scholarships
are funded by the state of Colorado. Therefore, many scholarships are available to
Colorado residents only. In addition, the Trinidad State College Foundation offers
a number of endowed scholarships to TSC students. A scholarship may be renewed provided
the recipient continues to meet the eligibility requirements of the scholarship. Eligibility
for scholarships is determined each college year. Therefore, a renewal application
is required and due the first Friday of March.
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ATHLETIC SCHOLARSHIPS
A limited number of athletics scholarships are available for students with exceptional
athletic ability. Athletic Scholarships are awarded and coordinated through the office
of the Athletic Director.
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LOANS (BOTH NEED- AND NON-NEED-BASED)
Loans available to Trinidad State College students include Federal Direct (both subsidized
and unsubsidized). With the exception of an unsubsidized loan, no interest accrues
while the borrower is enrolled on at least a half-time basis. Following are educational
loan opportunities for students and/or parents/guardians:
FEDERAL LOANS (DIRECT AND PARENT LOANS FOR UNDERGRADUATE STUDENTS [PLUS])
Federal Direct loans are funds that a student is required to repay after graduating
from college (or once no longer enrolled at least half time). Parent Loans for Undergraduate
Students (PLUS) are funds that a credit-worthy parent may borrow. PLUS loans begin
repayment while the student is in school.
PRIVATE/ALTERNATIVE LOANS
A Private/Alternative Loan is a loan that a student can borrow to help finance the
family's expected contribution. These loans are based on one's credit history (A student
who has not established credit can apply with a co-borrower and can borrow up to the
cost of attendance minus any aid received). A wide variety of private loan providers
are available. We strongly recommend that you carefully review all the terms of each
individual loan, as they can vary greatly. Individual loan providers have their own
applications and timelines. Plan to apply at least 30 days prior to the date the bill
is due.
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EMPLOYMENT/WORK OPPORTUNITIES
FEDERAL OR STATE WORK-STUDY WORK OPPORTUNITY
Through work-study awards, students can earn money to help meet expenses that are
not billed by the institution, such as books and personal expenses. There are usually
plenty of employment opportunities available, so students have ample opportunity to
earn their full awards.
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