Tuition and Financial Aid
Financing Your Education
Over 95% of SDC students receive financial assistance through a variety of programs. Our goal is to make a quality Christian education a reality.
An education at San Diego Christian is worth the investment! The Student Financial Services Office at SDC strives to make multiple aid programs available to assist you in meeting your educational expenses, and to make a Christian education affordable through various grants and scholarships.
While the primary responsibility of financing their education rests with the students and their families, we realize that often students require assistance to make a private education a reality. San Diego Christian offers many sources for financial aid.
All students interested in receiving financial aid must complete the Free Application for Federal Student Aid (FAFSA) in order to determine eligibility and need. Depending on the source, student recipients of financial aid are determined on the basis of financial need, academic achievement, leadership promise, vocational objective and other criteria.
Freshman Academic Scholarship ($5,000-$14,000)
Transfer Academic Scholarship ($2,000-$8,000)
Based on college gpa for 24+ units
Legacy Grant ($2,000)
Renewable up to four years
Church Matching Scholarship (up to $500)
Christian Worker Dependent ($3000)
Renewable up to four years
Scholarship Programs ($1000-50% tuition)
Leadership Program and Honors Program
Philanthropic Scholarships (Amounts Vary)
View a full list of Grants and Scholarships here
SDC Education Expenses for 2018-2019
RESIDENTIAL UNDERGRADUATE STANDARD COSTS
|Room/Board (19 per week meal plan)||$11,640|
True Cost Calculator
If you are an incoming freshman or a transfer with less than 24 college units, use the Freshman True Cost Calculator to calculate your academic scholarship and other potential scholarship eligibility through SDC and government aid programs (such as Pell Grant, CalGrant and Loan eligibility). Aid calculated through the True Cost Calculator is an estimate. In order to receive an official financial aid award, you must complete the application process and be accepted to San Diego Christian College.
Preparing for Financial Check-In
Apply for Financial Aid
All students requesting financial aid to assist in financing their education at SDC are required to file the FAFSA or a FAFSA Waiver. If you wish to apply for grants or loans, or to accept any SDC aid, you MUST file the FAFSA (this includes the Cal Grant, Pell grant, Academic/Athletic awards, SDC’s Heritage and Christian Worker Dependent grants, etc.).
TO COMPLETE THE FAFSA:
Go online to www.fafsa.gov. After you have filed, you can use this site to check the status or make corrections to your FAFSA. SDC’s Federal School Code is 012031.
SDC GRANTS AND SCHOLARSHIPS:
The Admissions Office will notify the Financial Aid Office of your preliminary scholarship eligibilities after you are accepted. You will be automatically awarded institutional aid based on your qualifications.
Receive Notifications or Awards from the Financial Aid Office
Once you are fully accepted to the college and have turned in the required financial aid forms requested by the Financial Aid Office, you will receive your award eligibility via email.
The Financial Aid Office will send a request via email regarding any missing information. Most forms are available through the SNAP portal link on our website.
Apply for Loans, if Needed
Steps to Apply for a direct (student) loan:
- Complete the FAFSA.
- Accept the loans through your Empower Web account.
- Complete and sign a Master Promissory Note (MPN) or loan agreement and Loan Entrance Counseling online at www.studentloans.gov.
STEPS TO APPLY FOR A PLUS (PARENT) LOAN:
- Complete the FAFSA.
- Complete a PLUS Loan Application and Master Promissory Note at www.studentloans.gov.
STEPS TO APPLY FOR ALTERNATIVE STUDENT LOANS (PRIVATE/NON-GOVERNMENT)
1. Before applying for an Alternative Loan
- Be sure to utilize all grants, scholarships and federal loans available
- Check to see if you have the resources to set up a payment plan through the Student Accounts Office.
2. Once it is determined that an Alternative Loan is still needed:
- Find the amount you need for the entire year. This may be obtained by reviewing your bill from Student Accounts or by contacting the Financial Aid Office at (619) 201-8730 and/or at Financial Check-in. Be sure to apply for an amount to cover the entire school year.
- Apply for an Alternative Student Loan with a lender of your choice. To view a general list of lenders go to the FastChoice link available here
FINALIZE PAPERWORK PRIOR TO THE START OF CLASSES: Beginning July 1st through First Day of Classes
- The Financial Aid Office will send email reminders and call you periodically for documents or steps that need to be completed in order to finalize loans and/or your financial aid file.
- If you still have items that are needed two weeks after the start of classes, your aid will not be disbursed to your Student Account. You will have a balance due, and you will not be allowed to attend classes.
- Once you complete your financial aid file, your financial aid is complete for the year unless your housing or enrollment status changes. You must notify Financial Aid of either of these events. Your aid will be disbursed three weeks into the start of classes.
More information regarding Education Loans is available here.
Federal Direct (Student)
WHAT IS A DIRECT LOAN?
- DIRECT SUBSIDIZED LOANS are offered to students who show financial need as determined by federal regulations through the FAFSA. This subsidized loan will not accrue interest while the student is enrolled in school at least half-time
- DIRECT UNSUBSIDIZED LOANS are offered to all students, and are not need-based. These loans accrue interest from the first date of disbursement.
CAN I BE DENIED FOR A DIRECT LOAN?
Direct loans are not credit based, so you cannot be denied for a Direct loan. The only requirements are that you are enrolled at least half time (6 units), complete the FAFSA, are not in default on any Federal loan or grant, are a US citizen or eligible non-citizen, and have not yet reached aggregate limits for loans.
IS THIS LOAN IN MY NAME?
Yes, Direct Subsidized and Unsubsidized loans are for STUDENTS only. The loan and the promise to pay are the sole responsibility of the student.
WHAT IS THE DIFFERENCE BETWEEN SUBSIDIZED AND UNSUBSIDIZED?
They are both government loans under the Direct program with the same grace period and repayment terms. Refer to the chart below for their differences:
The GOVERNMENT pays the interest while you are in school.
YOU are responsible for the interest that accrues while in school/during the grace period.
3.76% FIXED (disbursed before 7/1/17)
3.76% FIXED (disbursed before 7/1/17)
Federal Plus (Parent)
WHAT IS A PLUS LOAN?
PLUS Loans are offered to parents of dependent (as determined by the FAFSA) college students to help meet college costs.
WHO IS ELIGIBLE TO TAKE OUT A PLUS LOAN?
- Parents and step-parents of DEPENDENT (as determined by the FAFSA) undergraduate students.
- The student must be attending at least half time and making satisfactory academic progress.
- The parent must be a U.S. citizen or eligible resident.
- A credit report will be obtained from a National Credit Bureau.
HOW MUCH AM I ALLOWED TO TAKE OUT FOR THE YEAR? WHAT IS THE PLUS INTEREST RATE?
You can take out up to your cost of attendance minus any other student aid received. The interest rate is 6.31% FIXED (disbursed before 7/1/17).
When do I go into repayment? How long can I take to repay my plus loan?
Usually a PLUS borrower starts paying 60-90 days after the spring disbursement. Payment deferment may be offered while you are in school. PLUS loan repayment options may extend up to 25 years. Seestudentaid.ed.gov for more information.
MY PARENTS DO NOT HAVE GOOD CREDIT HISTORY. WHAT HAPPENS IF THEY ARE DENIED FOR THE PLUS LOAN?
If parents are denied the PLUS loan, their student will automatically be eligible for an additional Direct Unsubsidized loan. The student would then be eligible for the independent unsubsidized amount according to his/her grade level. The Financial Services Office would need verification of the denial. Parents are also eligible to appeal the credit decision or obtain an endorser (co-signer) in order to receive the PLUS loan. Even if the PLUS loan is initially denied, a student cannot receive both the PLUS loan and additional unsubsidized loan eligibility.
DO I HAVE TO COMPLETE A FAFSA FOR THE PLUS LOAN?
Yes, the FAFSA must be completed to be eligible for the PLUS loan.
WHERE DO I FILL OUT MY PLUS APPLICATION AND MASTER PROMISSORY NOTE?
Your Master Promissory Note and PLUS Application can be completed online through the Department of Education’s website: www.studentloans.gov. This must be completed by the parent.
WHAT IS AN ALTERNATIVE LOAN?
An alternative loan is a private loan from a lender that supplements the student’s financial aid awards. It helps cover the balance that federal grants and loans, outside scholarships, and other resources have not covered. We highly encourage students to apply for as many outside scholarships as they can before pursuing an alternative loan. Many scholarship resources are listed on our website at sdcc.edu/admissions-undergraduate.
WHO CAN APPLY FOR AN ALTERNATIVE LOAN?
Credit-worthy students and co-signers (if applicable) can apply for an alternative loan. Most applicants use a cosigner in order to secure a loan with a competitive rate. A parent and co-signer (if applicable) could also apply for an alternative loan.
WHAT ARE THE INTEREST RATES? HOW ARE THEY DETERMINED?
Interest rates are based off of the student’s and (if applicable) co-signer’s credit history and credit score. Lenders have intricate formulae to determine what interest rate a specific student may receive. Rates can vary from 2% to 13% depending on the lender and type of loan. Many lenders offer variable and fixed rate loan options.
IS A CO-SIGNER RELEASE AN OPTION?
Many lenders have co-signer release options. The stipulation is that the borrower must make a certain amount of consecutive payments on-time in order to qualify. Contact your lender to see if this is an option.
WHY DO I HAVE TO CHOOSE A LENDER FOR ALTERNATIVE LOANS? WHY CAN’T THE SCHOOL CHOOSE FOR ME?
Due to federal regulations, Financial Aid Administrators are not allowed to choose lenders for students or parents on any type of loan. We can, however, supply tools to help you find a lender to suit your personal needs. To see a general list of lenders, and to find other helpful resources, visit our lender list through the FastChoice or ElmSelect links available on our website.
DO I HAVE TO APPLY FOR MY LOANS ONLINE? IS THIS SAFE AND SECURE?
The fastest and most efficient way to apply for any loan is online. Almost ALL alternative loan lenders have an electronic loan process. All alternative lenders are required by regulation to have a secure and encrypted loan application process. San Diego Christian participates with almost all alternative lenders in the electronic loan process. Applying for Direct Subsidized, Unsubsidized and PLUS loans online is also the fastest, most efficient and safest method.
DO I HAVE TO PAY DIRECT LOANS BACK RIGHT AWAY?
No, as long as you are enrolled at an eligible institution at least half time you are in deferment. Repayment begins six months after you graduate, drop below half-time or withdraw. See studentaid.ed.gov for more information.
WHERE DO I FILL OUT MY MASTER PROMISSORY NOTE AND ENTRANCE COUNSELING?
Your Master Promissory Note and Entrance Counseling can be completed online through the Department of Education’s website: studentloans.gov.
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