Financial Aid

Financing a college education requires determination, careful planning, and most importantly, faith. While we maintain that paying for a college education remains the responsibility of the student, we also believe that God provides for those who are diligent in obeying His call. Students seeking financial aid should review resources available through the Pillar College Financial Aid office.

Pillar College makes it a priority to offer our students a quality education at the lowest possible cost. Tuition and fees only cover a portion of the total cost of education. Additional funds offsetting the cost to students are derived from gifts to the College from area churches and contributors. In this way, every student receives assistance through our affordable tuition structure.

Pillar College operates a full student financial aid program, including grants, scholarships, loans and employment, allowing any student a realistic opportunity to finance their college education. More than 90% of all Pillar students who apply for financial assistance to further their education receive it. We are aware that each family offers a unique financial situation and our Financial Aid staff is available to work with students to find the resources to fund their education at Pillar.


Students start the process by completing the Free Application for Federal Student Aid (FAFSA) to determine financial need for all scholarships and grants. Both the student and parents (if student is under the age of 24) apply for a pin number (electronic signature).

  • The previous year’s tax return for the student and parents are required to complete the information.
  • Where the form asks for the school code, enter Pillar College’s code: 036663.
  • Transfer students must call 1-800-4-FEDAID to add Pillar College to their FAFSA.
  • To determine eligibility to participate in the Federal Stafford Loan Program, under the Student Information section where you are asked the question “What types of student aid interest you?” check the box for “Student Loans.”
  • The student (and parent, if the student is under the age of 24) signs the FAFSA using their pin numbers and click “submit.”

The Estimated Family Contribution (EFC) will be sent to the student by email for use when completing the Financial Aid Interview. The student must read through the report carefully to determine that all information on the report is accurate. If the student lists Somerset Christian College as the first college of choice on the SAR, the Pillar Financial Aid Office will also receive this information electronically.

Verification Process

After the Student Aid Report (SAR) is received students may be asked by the Federal Processor, or a state agency to provide similar documentation to verify the information on the SAR. It is important to respond to any request promptly to avoid delays in the processing of financial aid applications. If errors are identified, the student must provide the correct information or submit supporting documents to show that the information is correct. If the student does not complete verification within 14 days after the request, the student’s financial aid is in jeopardy.

For verification requirements, any item you used to complete your previous year’s tax return will be needed. Please plan to provide a signed copy of the first two pages of your original tax return.
Pillar College does not disburse any Federal Student Aid until the verification process is complete and any corrections required have been made. If documentation is not received prior to the beginning of classes, the student will be required to pay tuition in full on the first day of class.

Entrance/Exit Counseling for Student Loans

First time borrowers are required, per federal regulations, to complete a Federal Direct Student Loan ENTRANCE COUNSELING INTERVIEW and MASTER PROMISSORY NOTE. The Entrance Interview is conducted online at: (you will need your FAFSA pin to log onto the Federal Direct Student Loan website).

A Federal Direct Loan EXIT INTERVIEW is required to be completed prior to graduation or whenever a student is enrolled for less than 6 credit hours. The Exit Interview is conducted online at . You will need your FAFSA pin to log onto the website.

A Student Loan may not be certified after the end of the academic year or after the student withdraws or graduates. A Student Loan may not be taken out for past due balances from a previous semester. Repayment of the loan typically begins six months from the date the student ceases to be enrolled at least halftime (6 credit hours), and may extend over a ten-year period.

Applying for Financial Aid

How Need Based Financial Aid Eligibility is Determined

  • The student completes the Free Application for Federal Student Aid (FAFSA) and submits the information via the Internet at  or sends a paper application to the federal processing center.
  • The federal processing center applies a formula established by the U.S. Congress to the information on the FAFSA to determine the student’s eligibility for federal assistance.
  • This formula produces the Expected Family Contribution (EFC) number.
  • The Student Aid Report (SAR) is sent to the student and each school the student listed on the FAFSA.
  • The SAR contains the EFC number and tells the student if they are eligible for a Federal Pell Grant.
  • The Financial Aid Office determines the student’s financial need by subtracting the EFC from the College’s total cost of attendance.

Because financial aid funds are limited, the student may fall short of the total amount needed to attend a particular college.

In order to be eligible for any type of Federal Financial Aid you must:

  • Be enrolled in a degree seeking program
  • Be enrolled for at least 6 credits
  • Eligibility for most aid sources starts by completing the FAFSA (Free Application for Federal
  • Student Aid). Below are some tips that will help work through the process.

Pillar College provides equal educational and employment opportunity to all qualified persons regardless of their economic or social status and does not discriminate in any of its policies, programs, or activities on the basis of sex, age, race, ability, marital or parental status, color, or national or ethnic origin.