Available sources of financial aid at Somerset County Technology Institute are:

  1. Pell Grants Stafford Student Loans PLUS Loans/SLS Loans
  2. Academic Scholarships

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Students who wish to apply for financial aid should file a Free Application for Federal Student Aid (FAFSA) at least two months prior to the semester in which they plan to enter SCTI.  These forms are available from high school guidance offices or the Somerset County Technology Institute Office of Student Services.  The fastest most efficient way to file the FAFSA is through the Internet.  This is available at www.fafsa.ed.gov. Whether using paper or the Internet be sure to release data to the school by putting the Title IV code on the FAFSA.  The code is 014074.

Financial aid recipients are selected by first completing the Free Application for Federal Student Aid (FAFSA).  The information supplied is used in the Congressional formula that calculates your Expected Family Contribution (EFC), an amount you and your family are expected to pay toward your education.  The financial aid administrator takes the cost of attendance at SCTI and subtracts the EFC. 

Student Lending Disclosure

A financial aid administrator’s primary concern is to provide as much financial aid as possible from ALL sources (grants, scholarships, private scholarships, and loans) so that all students are able to finance their education and that their loan debt burden is kept as low as possible.

Our Student Lending Guiding Principles

  1. Every student at Somerset County Technology Institute has the right to choose a lender of their choice.
  2. We provide a Preferred Lender List.  This list was formulated by the Financial Aid Office.  The list contains the lenders who meet the Minimum Services and Products Required From Lender Partners which SCTI has in place in order to best serve our students/parents.  The interest rates for Stafford and PLUS Loans are set by federal law.  We ask students/parents to pay particular attention to benefits you will receive during the repayment process.  Our staff are available to answer your questions and we want to be sure that you understand all your rights, all your responsibilities, and know who to contact with all your borrowing questions.  You may link to each preferred lender by clicking on their name on your award notification.
  3. When you receive your Award Notification, you will see our “preferred lenders” as choices listed on the notification.  We remind you that if you have selected a lender not on your award notification, simply call the Financial Aid Office to assist you with processing your loan.
  4. All Loan Policies, Procedures, and Preferred Lenders Lists are reviewed annually by representatives of SCTI.  You may also contact our Manager of Student Financial Services with other specific policy questions you may have regarding loan processing at 908-526-8900 ext. 7262 or by e-mail at hmikulak@scvts.net.
  5. Somerset County Technology Institute subscribes  to the Statement of Ethical Principles developed by the National Association of Student Financial Aid Administrators.
  For more information about financial aid at SCTI, contact Ms. Helen Mikulak, Manager of Student Financial Services at 908-526-8900 ext. 7262 or by e-mail at hmikulak@scvts.net