Frequently Asked Questions
Financial aid FAQ: answers to Financial Aid questions at SBBCollege
Everyone has questions about financial aid. What is financial aid? What types of financial aid are available? Will I qualify for financial assistance? We've complied some of the most frequently asked questions to better help you through the financial aid process. If you do not see your question below, please give us a call today and we'd be happy to assist you further.
What is financial aid?
Financial aid is money made available by federal and state funding and private sources in the form of grants, loans, scholarships, etc. Students fill out the Free Application for Federal Student Aid (FAFSA) form to see what federal assistance they may qualify for.
What type of financial assistance is available?
The types of financial assistance available to SBBCollege students include grants, scholarships and loans.
Will I qualify for financial assistance?
Each student has a unique situation which determines how much aid they will qualify for. As part of the enrollment process, each student meets with a financial aid associate who will assist them through the financial aid process, and help find them a financial plan.
What's the difference between a grant and a loan?
Grants can be thought of as free money from the government that students do not have to pay back. A loan is borrowed money that has to be paid back to the lender.
Does SBBCollege give scholarships?
Yes. SBBCollege awards institutional scholarships to eligible recent high school graduates. Contact your financial aid associate for further information.
I probably don't qualify for aid, do I still have to apply?
Yes. Many students mistakenly think they don't qualify for financial assistance, and miss out on several types of aid available to them. Filling out the FAFSA form is free.
How do I reach the financial aid office?
The financial aid office can be reached by calling 1-866-610-7222.