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Financial Aid

Welcome!

You can read more on some of the aid programs available at Skagit Valley College by navigating through the pages to the right.

To complete your FAFSA or WASFA, click on the link below.

FAFSA Application WASFA Application

 

To be eligible for Federal financial aid you must:

  • Be a US citizen or eligible non-citizen;
  • Be registered with the Selective Service (if required);
  • Be enrolled in an eligible program of study and are enrolled in eligible classes that lead to a degree or certificate offered by SVC that is at least one year in length;
  • Have a high school diploma or GED certificate;
  • Demonstrate financial need;
  • Maintain satisfactory academic progress;
  • Not be in default on any student loan or owe a repayment on any grant received at any institute of higher education.

The information that you report on your FAFSA is used to determine your Student Aid Index (SAI). When your file is complete, the SVC Financial Aid Office will evaluate your application and notify you of your eligibility.

Your financial aid need is determined using the following formula:
Cost of Attendance – SAI = Financial Need

 

Keeping Your Aid

60% Dates (Return of Financial Aid Funds)

​If you’re receiving financial aid grants or loans, you must attend your classes. Don’t drop or stop attending any class without consulting the Financial Aid Office. Changes in your enrollment level and failing grades may require you to repay federal financial aid funds.

Federal regulations require you to repay a portion of financial aid funds if you withdraw from all classes before satisfying the 60% completion rule for the enrollment term.

You also may be required to repay ​financial aid funds if you receive failing grades in all of your classes unless an instructor can document that you attended class for at least 60% of the enrollment period.