Federal Supplemental Educational Opportunity Grant 
(SEOG): Funds for this program are awarded to a limited number of students with exceptional financial need who are enrolled on at least a half-time basis in an eligible program and have not previously received a bachelor’s degree.

Federal College Work-Study Program (CWS): The Federal 
College Work-Study Program provides jobs for students with 
demonstrated financial need. The student must be enrolled at least half time in an eligible program. Eligible students may work up to an average of 15 hours per week depending upon the need and available funds. Jobs are available on campus in various departments.

Federal Stafford Student Loan Program: This program is a low variable-interest loan available to students to help pay expenses related to attending a college. An applicant must demonstrate a need for a subsidized Stafford loan. A subsidized loan means that the Federal government will pay the 
interest on the loan while a student is enrolled in school on at least a half-time basis, and during the grace period or a deferment period. If an applicant cannot demonstrate financial need, an unsubsidized Federal Stafford Loan is available. 
Terms are the same as subsidized Federal Stafford Loans except the borrower is responsible for all interest. Federal Stafford Loans have a variable interest rate not to exceed 8.25%. This variable interest rate is set each July 1. An eligible 
student who is attending an eligible school on at least a half-time basis may borrow up to $2,625 a year for the first year of undergraduate study and $3,500 a year for the second 
year of undergraduate study in a two year program. All student loans are subject to credit approval which is done by the South Carolina Student Loan Corporation.

If you would like more information on Federal Stafford student loans, you can check out the South Carolina Student Loan Corporation. 

Mapping Your Future will help you in planning and paying for school. You can also complete your entrance and exit counseling.

Income Tax Credits: There are two educational tax credits that can reduce your or your family's federal taxes. They are based on your college tuition and fee charges. The Hope tax credit can be claimed during the first two years of college, up to a maximum of $1,500 per year. The Lifetime Learning tax credit is available for any level of postsecondary study, up to a current maximum of $1,000 per year. Note that only one type of credit (Hope or Lifetime Learning) may be claimed for a student in any given year. For more information about federal 
tax credits, you can visit the IRS web site at www.irs.gov.

There are also state tax credits that you can take. There is a $350 maximum state tax credit. For more information, you can check the Department of Revenue's web site at 
www.dor.state.sc.us or call (803) 898-5709.