FINANCIAL AID If the scheduled deadline falls on a holiday or weekend, you have until the next business day to turn in your paperwork. All applications received after the priority deadline are awarded according to the availability of funds on a first-come, first-serve basis.
Types Of Aid
The source and amount of any aid will depend greatly on your demonstrated need as determined by the U.S. Department of Education and Del Mar College Financial Aid Services. Aid comes in two major forms: gift aid and self-help aid. For detailed information on types of aid, go to www.delmar.edu/Paying_for_College.aspx.
I. Gift Aid There are two kinds of gift aid—grants and scholarships: 1. Grants Del Mar College participates in numerous federal, state and local grant programs. • Federal Pell Grant (PELL) • Federal Supplemental Education Opportunity Grant (SEOG) • Del Mar Student Grant (Resident) (DMSG) • Del Mar Student Grant (Non-Resident) (DMSGN) • Toward Excellence, Access, and Sucess (TX) Grant (TxNEW) • Toward Excellence, Access and Success (TX) Grant Renewed (TxCON) • Texas Educational Opportunity Grant Initial (TEOG1) • Texas Educational Opportunity Grant Renewal (TEOG2) 2. Scholarships Del Mar College offers numerous scholarship opportunities for you. Scholarships are monetary awards that do not have to be repaid. Funding for scholarships is provided from organizations, individuals, companies, foundations and grants. Scholarships are awarded to you on the basis of scholastic achievement, financial need and/or a variety of criteria set by the benefactor. The value of a scholarship award and the awarding process vary according to the discipline or department in which you are applying. Scholarship applications are available online only and accepted from January 23 to April 30, with scholarships awarded for the upcoming academic year (Fall/ Spring or Fall/Spring/Summer).
II. Self-Help There are two forms of self-help—loans and employment: 1. Loans Loans are available to assist you in meeting your educational costs. All of the loans available are long-term, low-interest loans. No loan may be made if you are unwilling to repay the loan. A prior default or delinquency on a loan or an established history of nonpayment of debts may be taken as evidence of unwillingness to repay the loan. 29