Welcome to Dyersburg State Community College!

Frequently Asked Questions
Financial Aid

006835

All students who complete the FAFSA and meet admissions requirements are eligible for scholarships. Eligible students are ranked using a formula where financial need is the primary consideration. Those applying by March 1 of the current award year are given first consideration.

The lender for the Federal Direct Loan program is the U.S. Department of Education.

Unfortunately, no. DSCC makes every attempt to ensure that RODP courses are clearly marked in the course catalog and the schedule.

You may apply for financial aid at any time; however, priority deadlines do exist depending on the type of financial aid you are seeking. March 1 is the priority deadline for scholarships and funds for which the institution has limited resources.

The expected family contribution (EFC) is the amount your family can reasonably be expected to contribute to your education as determined by a formula developed by Congress and applied uniformly to all students.

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.

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.

No, renewal of financial aid is not automatic. Students must file a FAFSA each year and demonstrate satisfactory progress.

Verification is a comparison of the FAFSA information with lRS Tax Transcript(s) and other external documentation. The U.S. Department of Education randomly selects students who must be verified.  DSCC may also select students for verification or request additional documents.  The Office of Financial Aid will notify you if you are selected for verification.

You can turn them in at any DSCC location or you can mail them to the Financial Aid Office at 1510 Lake Rd, Dyersburg, TN 38024. Documents can be faxed to 731-286-3354.

Dyersburg State participates in the Federal Pell Grant Program, the Federal Supplemental Educational Opportunity Grant Program, Federal Work Student Program, and the Direct Loan Program. Institutional scholarships are generally awarded for academic achievement, participation in school activities, financial need, community involvement and major emphasis of study. a) Grants do not have to be repaid. Eligibility is based upon financial need. b) The Work Student program provides part-time jobs to help with educational costs. The student’s work schedule is built around his or her academic schedule. Eligibility is based on financial need and/or job skills. c) Loans must be repaid or cancelled in accordance with specific program regulations. Eligibility is based on financial need.

The amount for which you qualify depends upon family size, number of students in college, income and assets and is determined by a processor for the U.S. Dept. of Education. The amount also may depend upon your enrollment status.

If you recently graduated from a Tennessee high school and obtained a 3.0 GPA or scored at least a 21 on the ACT exam, you may be eligible for lottery funds. For more information and additional program eligibility information, visit the College Pays website at http://www.tn.gov/collegepays//mon_college/hope_scholar.htm

It depends upon the criteria for the scholarship; however, most scholarships are awarded for one academic year or one semester. Usually, the best recommendation is to visit the Financial Aid Office before the end of your most recent semester, and inquire about the scholarship criteria. The student will want to prepare a personal thank you to those individuals involved with providing the scholarship.

Contact James Beel at 901-475-3147 for information on VA benefits. Information is also available on VA homepage.

The instructions for completing a student loan are available online:  Apply for a Student Loan

MPN stands for Master Promissory Note which is an agreement to repay loan funds.

If you have bad credit, it will be up to the Department of Education whether or not they allow you to borrow additional funds. If you have filed bankruptcy, you will need to get approval from the bankruptcy trustee verifying the amount of additional debt you will incur. The letter is valid for 10 days and must be submitted to the Financial Aid Office.

Subsidized loans are need-based loans where the government pays the interest due on the loan while the student is in school and during the grace period. Unsubsidized loans are non-need-based loans where the student is responsible for paying the interest due on the loan while they are in school and during the grace period.

The lender for the Federal Direct Loan program is the U.S. Department of Education.

Federal regulations require that all first-year, first-time borrowers must wait 30 days from the first day of class to receive loan funds.

All applicable fees are payable at the time of registration each semester. Failure to pay or make arrangements to pay your fees can result in being purged (removed) from your classes. If you are purged, you will have to re-register and may not be able to get the classes you need.

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.

The Book Voucher Program is available to students as an advance against their financial aid award to be used for the purpose of purchasing required books, supplies, or manuals for their courses.

The Book Voucher Program is available to students as an advance against their financial aid award to be used for the purpose of purchasing books, supplies, or manuals for their courses.

Students with a credit balance due to financial aid awards will not receive a refund until attendance has been verified for all classes.  Recipients will be notified via email to their MyDSCC mailbox when any disbursements are made and a refund is processed.

Satisfactory progress means that you are progressing toward completion of your degree.  As a minimum, you must successfully complete 67% of the cumulative classes you have attempted.  A grade of A, B, C, D, or P will be required for successful completion.   In addition, you must meet the institution’s minimum standards as you progress toward your degree. View the Satisfactory Academic Standards. You may receive financial aid for coursework up to 150% of the required hours for your degree or certificate, whichever comes first.

Appeal instructions and forms are available online. You must also see your advisor for an academic plan for completing your degree and provide appropriate documentation as outlined in the instructions.

Lottery Scholarships: Dropping a class could result in losing your lottery scholarship forever. Other scholarships: students must pass at least 67% of the cumulative hours which they have attempted. Loans: students cannot drop below 1/2 time or their loan payment grace period begins. Additional information: Students may receive aid for 150% of their program (90 hours for associate degree students, less for certificate students) excluding Developmental courses. Please be aware that if you drop too many classes, you will run out of aid before you complete your degree.   Check with the Financial Aid Office prior to dropping a class to see how your aid will be affected.

If you are eligible for Pell Grant during the fall/spring semesters, then you will be eligible for Pell Grant in the summer as long as you are enrolled in at least 6 hours.

Students may enroll in the Deferred Payment Plan during Fall and Spring terms. To enroll, you pay a down payment of at least 50% of your account balance plus a $25.00 deferred plan service fee. The remaining account balance will be deferred at 0% interest, and will be payable in two monthly installments. An additional late payment charge of $25 will be assessed for each installment not paid on or before the due date. For more information you may contact the Business Office at (731)286-3310.

Please visit the Upward Bound and/or Financial Aid Office for inquiries regarding merit based scholarships.

Have you completed an application for the current award year? A FAFSA must be filled out each new award year which begins with the fall semester. You can check your financial aid status 24 hours a day online at www.dscc.edu. Click on the Financial Aid link to find instructions on how to determine your financial aid status. You can also call the Financial Aid department at 731.286.3236 and we will be happy to check on the status of your financial aid.

The instructions for completing a student loan are available on the Paying for College homepage on the DSCC website at www.dscc.edu

The Free Application for Federal Student Aid (FAFSA) is now available on the web at www.fafsa.ed.gov. It is helpful if you print off or pick up a worksheet at one of the Dyersburg locations and complete it prior to completing the FAFSA on the web.

You can check your financial aid status 24 hours a day online at www.dscc.edu. Click on the Financial Aid link to find instructions on how to determine your financial aid status. You can also call the Financial Aid Office at 731.286.3350 and we will be happy to check on the status of your financial aid.

For Federal Work Study , students should indicate an interest by checking the appropriate question on the FAFSA. Federal Work Study funds are awarded to students who meet the March 1st priority deadline.

Complete the Free Application for Federal Student Aid online at www.fafsa.gov  You must have a pin for yourself and a parent (if applicable) to sign the application electronically.  You can apply for a PIN at https://fsaid.ed.gov/npas/index.htm

Visit the One Stop Center Computer Lab.  Financial Aid Counselors are available to assist you with any questions.

  • 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 tax 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

The Financial Aid office in Dyersburg is located in the Student Center on the Dyersburg campus. You may reach this office at 731-286-3350.The Financial Aid Office in Covington is located in the Jimmy Naifeh Building on the JNC-Tipton County center. You may reach this office at 901-475-3100.

You can log into the MyDSCC Student Portal 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
  • Find the Financial Aid Requirements
  • Select the Aid Year you want to view
    • 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.

You can log into the MyDSCC Student Portal to see if the Financial Aid Office has received your appeal.  Once in the system you will need to follow these instructions:

  • Click on the Student Tab
  • Find the Financial Aid Requirements
  • Select the Aid Year you would like to view.
  • View Student Requirements
    • The Financial Aid Appeal will show as complete if we have received all the required documents. This is not an indicator of the appeal being heard and a decision made, it is only an indicator that your appeal is ready to be heard at the next appeal meeting.

Verification materials are available online. They can be printed, completed, and submitted to any DSCC location. Documents can also be submitted electronically through your MyDSCC Student Portal.

You can log into the MyDSCC Student Portal to see your award. Once in the system you will need to follow these instructions:

  • Click on the Student Tab
  • Find Financial Aid Awards
  • Select the Aid Year you would like to view.
  • Click on the Award Overview tab.
    • Award descriptions, amounts, and the status will display.  Funds displayed on this page are based on full-time enrollment and may be adjusted based on enrollment.
    • Based on what type of aid you are receiving, your awards could change, since aid is awarded at different times during the year.

You can log into the MyDSCC Student Information System to check the amount of your tuition and fees.  Once in the system you will need to follow these instructions:

  • Click on the Student tab
  • Find Financial Aid Awards
  • Select the Aid Year you are wanting to view
  • Select the Award Overview tab
  • If you are receiving Pell Grant, then you may attend any number of hours as long as you are degree-seeking.
  • If you are receiving a student loan, you must maintain at least half-time enrollment. (6 hours)
  • If you are receiving TN Promise, then yes, you must enroll and attend full time (at least 12 hours).
  • If you are receiving TN Reconnect, then you must enroll and attend at least half-time (6 hours).
  • If you are receiving the Hope Scholarship, you must enroll in at least half-time (6 hours)

Before dropping any classes that will change your enrollment status, talk to the Financial Aid Office first. Dropping your enrollment status could result in losing all eligibility for financial aid.

The verification process varies in the time it takes it to be completed, but typically takes 2-3 weeks after the Financial Aid Office has received all the requested documents. Processing is performed on a first-come, first-serve basis and is done as quickly as possible. You will be awarded any eligible financial aid once the verification process is complete. You can log into the MyDSCC Student Portal to check the status of your financial aid award.  Once in the system you will need to follow these instructions:

  • Click on the Student Tab
  • Click on Financial Aid Awards
  • Select the Aid Year you would like to view.
  • Click on the Award Overview tab.
    • Award descriptions, amounts, and the status will display.
    • Funds displayed on this page are based on full-time enrollment and may be adjusted based on enrollment.

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
  • Find Financial Aid Requirements
  • Select Award Year
  • View Student Requirements
    • There will be a red flag beside any document still needed, and a green check beside any document that has been received.
    • The ‘verification’ requirement refers to the entire process, and will not turn to a green check until the entire process is complete.

After the financial aid process has been completed, an email listing your award will be sent to your DSCC email address. This email will indicate the amount of aid you can receive based on a full-time enrollment status.

Yes, we do have scholarships. You must file a FAFSA and meet all admissions requirements to be eligible. Eligible students are ranked using a formula where financial need is the primary consideration. March 1 is the priority date for scholarships. Additionally, performance scholarships are awarded by the individual departments. Please contact the applicable department for scholarship requirements (e.g. athletic, music).

All institutions are required to develop a maximum period of time for students to receive aid at their institution, as well as monitor their progress along the way.  Students may receive aid for no more than 150% of the hours required for the degree (90 for associate degree students). As a minimum, you must complete 67% of the classes you attempt.  A grade of A, B, C, D, or P will be required for successful completion.   In addition, you must meet the institution’s minimum standards as you progress toward your degree. Failure to meet these requirements will place a student on suspension. View the Satisfactory Academic Progress Standards.

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.