Frequently Asked Questions
How do I fill out a FAFSA?
FAQ Answer: Complete the FAFSA online at www.fafsa.gov
Do I have to use my parents' information if I dont live with them?
FAQ Answer: Students who fall under the following category must use their parents' income information: under the age of 24, unmarried, not a veteran, not an orphan or ward of the court, do not have dependents for whom they provide more than 50% of their support, and not working on a master's or doctorate program.
Who do I include in my household on the financial aid application?
FAQ Answer: For the household size, include all people that live in your household (or your parents' household, if applicable) for whom you (or your parents) provide more than half of their support and you (or your parents) will continue to provide more than half of their support for the year in which you will be attending school.
I don't have a copy of my IRS Tax Return Summary. Where can I get one?
FAQ Answer: You can request a transcript from IRS, free of charge, in one of three ways: Online Go to http://www.irs.gov Look in "Tools" Section Click "Order a Tax Return or Account Transcript" In the Type of Transcript field, select “Return Transcript” In the Tax Year field, select the year Receive your tax transcript within 5 to 10 working days Telephone Call IRS @ 1-800-908-9946 Follow instructions Receive your tax transcript within 5 to 10 working days Paper Download IRS Form 45067T-EZ at http://www.irs.gov/pub/irs-pdf/f4056tez.pdf Mail or fax the completed form to the appropriate address Receive tax transcript within 5 to 10 working days Do not send copies of 1040, 1040A or 1040EZ. These are no longer acceptable verification documents.
Where do I get my financial aid check?
FAQ Answer: Financial aid checks are available in the Business Office on the Dyersburg campus or at the front desk at the Gibson County or Jimmy Naifeh Center.
How do I buy my books when receiving financial aid?
FAQ Answer: All students should be prepared to purchase their textbooks by the first day of class. Due to the complexity of the financial aid awarding process and the federal requirement of verifying class attendance prior to the delivery of financial aid funds, there may be a delay in the receipt of financial aid funds. Any DSCC enrolled student whose financial aid assistance is in excess of tuition and fees may apply for a Book Voucher. Application for a Book Voucher is made by completing both the Book Voucher and the Federal Aid Authorization Forms. These forms are available at www.dscc.edu.
Have you received my financial aid verification documents?
FAQ Answer: You can log into the MyDSCC Student Information System to see if the Financial Aid Office has received your verification documents. Once in the system you will need to follow these instructions: Click on the Student Tab Click on Banner Self-Service Click on Financial Aid Click on Eligibility Select Award Year View Student Requirements The status will display as needed for those requirements that have not yet been satisfied.
Have you received my FAFSA?
FAQ Answer: You can log into the MyDSCC Student Information System to see if the Financial Aid Office has received your FAFSA. If you have not yet received your username and password from Admissions and Records, you can call the Financial Aid Office at 731-286-3350 to see if your FAFSA has been processed. Once in the MyDSCC system you will need to follow these instructions: Click on the Student Tab Click on Banner Self-Service Click on Financial Aid Click on Eligibility Select the Award Year View Student Requirements The Financial Aid Application will show as complete if we have received the FAFSA. If additional documents are needed, the requirements will display as needed.
How much loan money can I borrow?
FAQ Answer: The maximum amount a first-year student can receive is $3500 not to exceed $1750 per semester. A second-year student may receive a maximum of $4500 or $2250 per semester. The maximum a student may borrow at DSCC is $16,000 ($3500 for two years at the freshman level and $4500 at the sophomore level). The $16,000 limit will apply to transfer and returning students. Exceptions to this policy may be made by the Financial Aid Appeals Committee on a case-by-case basis upon submission of a documented financial need for the additional funds.
What is a MPN?
FAQ Answer: MPN stands for Master Promissory Note which is an agreement to repay loan funds.