Frequently Asked Questions
What types of financial aid programs does Dyersburg State offer?
- 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.
How will I know if I can receive financial aid?
- After the financial aid process has been completed, a letter of award will be mailed to you at the address listed on your application. The letter will indicate the amount of aid you can receive based on a full-time enrollment status. If we have your email address, we will send you an email that the letter has been mailed.
How much Pell Grant money am I going to get?
- 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.
Am I eligible for the lottery?
- 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
Does DSCC offer have any scholarships?
- 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).
If I received a merit based scholarship my freshman year, does it automatically renew?
- 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.
Who do I contact regarding VA tuition benefits?
- Contact James Beel at 901-475-3147 for information on VA benefits. Information is also available on VA homepage.
How do I apply for a student loan?
- The instructions for completing a student loan are available online: Apply for a Student Loan
How much loan money can I borrow?
- 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. A review of a student's progress toward their degree is made at $16,000 ($3500 for two years at the freshman level and $4500 at the sophomore level). The $16,000 benchmark will apply to transfer and returning students. Reviews are made on a case-by-case basis by the Financial Aid Appeals Committee to ensure that students are not incurring excessive debt without progressing toward their degree.
What is a MPN?
- MPN stands for Master Promissory Note which is an agreement to repay loan funds.