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Financial Aid


Important Announcement Regarding Fall Payment and Financial Aid

Please check your Self-Service account to see if documentation is still needed and  submit ASAP to the Financial Aid Office. TCL will de-register only those who have not completed a FAFSA and have a balance of $1,000 or more.

If you know that you will need to pay your balance, please do so (or sign up for a payment plan) by 11:30 a.m., Friday, August 17. If you registered and do not plan to attend TCL this fall, please drop yourself from classes through your Self-Service account no later than Saturday, August 18.

Keep in mind that any remaining balance after your financial aid has been applied is still your responsibility. Questions? Call 843-525-8207.

What is Financial Aid?

Financial aid helps students and their families pay for college. This financial assistance covers various educational expenses that my include tuition and fees, books and supplies, and transportation. Take a look at the menu on the left for all the details and options.

First Things First!

All students should complete the federal government’s Free Application for Federal Student Aid (FAFSA) online at . TCL’s school code is 009910. You must complete the FAFSA for all financial aid including the SC Lottery Tuition Assistance program. Here’s a BIG tip, start the financial aid process early because it takes time to complete! Financial Aid qualifications vary. Once your FAFSA is submitted, please  to follow-up with Financial Aid at 843.525.8207.Have FAFSA questions? Check out these helpful videos on everything FAFSA and get your questions answered.


Financial Aid Priority Deadlines

Avoid long lines and last minute completions,submit your financial aid application early.

       Term:                                     FAFSA Submission  Priority Deadline Document Submission Priority Deadline Loan Submission Priority Deadline
2017 Summer I/ II March 17 April 14 April 14
2017 Fall/Fall I May 30 June 30 June 30
2017 Fall II June 30 July 31 July 31
2017 Fall III July 31 August 31 August 31
2018 Spring/Spring I November 3, 2017 November 24, 2017 November 24, 2017
2018 Spring II December 8. 2017 January 5, 2018 January 5, 2018
2018 Spring III January 26, 2018 February 16, 2018 February 16, 2018

24/7 Financial Aid Help!

To get financial aid help 24 hours a day, 7 days a week, 365 days a year!

Visit Financial Aid TV (FATV), an online video service that will help you find answers to all things financial aid.

  • FATV is an online library of short (60-90 seconds each) video clips that are accessible on demand, 24/7.
  • FATV videos communicate complex financial aid information in an easy-to-understand style.
  • FATV covers a wide array of topics including Financial Aid, Financial Literacy, Loans, Grants, and more.

More About Financial Aid

Your financial assistance awards are used to pay student account balances. Any remaining awards will be disbursed according to a schedule provided by the TCL Business Office. Students are responsible for payment of funds owed to TCL if financial assistance funds are not received as anticipated. Students receiving financial assistance are subject to TCL’s registration, refund and credit terms. Refund of tuition, fees or other items purchased with a credit card will be processed as a credit to the cardholder’s account.

How Financial Need is Determined
The amount of financial assistance students receive is determined by the federal government and eligibility factors that could include:

– Prior year’s adjusted gross income
– Family size
– Untaxed income
– Number of dependents
– Number of family members attending college
– Other factors as determined by the US Department of Education

The federal government establishes the student’s Expected Family Contribution (EFC) and the TCL financial aid office compares it with the educational need of the student, determining the final types of eligible awards and appropriate aid amount. Financial need is determined by comparing the cost of attending college (including tuition, books, living expenses, transportation, personal expenses and child care) to the student’s available resources, such as money the student expects to contribute towards his/her education from wages, savings, other income, and parent’s contributions if the student is dependent upon the parent for support.  The EFC is the amount of money the government expects the student and the student’s family to contribute toward the cost of education. The EFC is calculated by the U.S. Department of Education based on the information reported on the FAFSA.


Financial Aid Procedures

To help ease the financial burden for South Carolina college students and their families, the South Carolina General Assembly has created an income tax credit for tuition paid to South Carolina colleges and universities. To claim the credit, a Form SC 1040 must be filed. When preparing the South Carolina income tax return, Form I-319 Tuition Tax Credit must be completed. This form is included with all state individual income tax booklets. For more information about the tax credit, please visit the South Carolina Tuition Tax Credit website.


Financial Aid Beaufort


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Financial Aid New River

843 470-5961

Bldg 50, Rm 103

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