Financial Aid Information and Resources
Jobs/Practice Opportunities - Scholarships - Financial Aid FAQ
Remember: Submit your FAFSA as soon as possible
The financial aid staff makes every effort to provide prompt and courteous customer service with the student’s best interest at heart. We care about your successful financial future! Nearly 98 percent of Sherman students receive some form of financial aid – including loans, scholarships, family discounts, work-study programs and the Yellow Ribbon Program. Our financial aid packages make Sherman one of the most affordable chiropractic colleges in the country. To be eligible for financial aid, students must maintain satisfactory academic progress in accordance with college policy.
Applications for Financial Aid
Applications for any form of financial aid must be filed with the college a minimum of six weeks prior to registration. You will need to complete the following:
• Free Application for Federal Student Aid (FAFSA); Sherman College’s code is 013853
• Sherman College Financial Aid Application
• Entrance Interview along with new Master Promissory Note agreement
• Federal Stafford Master Promissory Note
• Grad Plus Master Promissory note (if you will be receiving a Graduate Plus Loan)
Please e-mail us or call the financial aid office at 800-849-8771, ext. 204 or ext. 231, for an explanation and help completing the necessary documents.
Types of Aid Available
Sherman College administers federal student aid funds for the Perkins Loan and College Work-Study programs. In addition, Sherman College is an eligible institution for students receiving loans under the provisions of the unsubsidized Stafford Loan Program, GradPlus, the Veterans Administration, the Bureau of Indian Affairs, Vocational Rehabilitation and Social Security.
Students are expected to investigate all Loan Programs, as well as other sources of financial aid which may be available. These may include out-of-state tuition programs administered by the boards of education of some states, social security benefits, vocational rehabilitation programs and loans, and scholarships which are available through some state chiropractic organizations. The Financial Aid Office takes into account all funds which are available to the student from sources other than the college, even though the student may choose not to apply for such funds. Learn more about making good choices about financial aid.
The college offers the following loan programs: Perkins Loan, Unsubsidized Stafford Loan, Grad Plus Loan and Emergency Loans. Private loan sources are also available if needed. Our experienced Financial Aid staff members will guide you through the financial planning process for your chiropractic education to help you minimize loans and get the most for your education dollar.
A variety of institutional and outside scholarships are available to new and currently enrolled Sherman students.
When husband and wife are both enrolled full-time in the program, each may apply for a 25 percent tuition discount. Members of the immediate family (children, parents, brothers and sisters) enrolled in the D.C. program each receive a 10 percent discount.
Sherman College offers a limited number of International Tuition Scholarships up to half tuition, based on financial need.
Assistance Following Graduation
Federal programs, such as income-based repayment, loan cancellation, and loan forgiveness, are available to chiropractic college graduates. The income-based repayment plan is one option to help manage your student loan debt. Payments are based on your household income and size. Your payments cannot exceed 10 percent of your discretionary income. After 20 years of on-time payments, the balance of your loan may be forgiven. The loan forgiveness program also applies to doctors of chiropractic. If you work for a nonprofit organization or in certain underprivileged areas, you may be eligible for loan forgiveness in the amount of $2,000 per year for up to five years, for a total of $10,000 in loan forgiveness.
- Financial Aid Shopping Sheet
- General Financial Aid Information: A comprehensive website providing links to sources of information about student financial aid
- Office of Postsecondary Education: Provides federal financial aid information for students
- Federal Student Aid: Provided by the U.S. Department of Education, this describes the wide range of federal financial aid programs and services
- FastWEB: A searchable database of more than 400,000 private sector scholarships, fellowships, grants, and loans
- FAFSA: The US Department of Education's FAFSA on the Web
- Cost of living comparison calculator: Use this calculator to compare the cost of living between U.S. cities to help you calculate your living expenses in the Upstate SC area; also check our cost of living comparison chart
Sherman College does not discriminate on the basis of sex, race, color, or national and ethnic origin in administration of its educational policies, employment policies, admissions policies, scholarship and loan programs, or other school-administered programs.
Financial Aid Code of Conduct
It is our mission to provide a resource to assist you in making a knowledgeable decision concerning your financial aid.
Sherman College or its financial aid staff have not been implicated or been investigated
concerning practices of the student loan industry.
Our financial aid staff does not receive any type of compensation or incentive to recommend a particular lender nor does the college itself.
It is our intention to be the student’s advocate and help you make informed decisions concerning your choice of lender.
The financial aid staff will provide information requested on any lender and the benefits that they offer.
Scholarships are available from a variety of sources including the college. We will provide you with the sources, requirements and deadlines of the scholarships available.
The financial aid staff will provide information concerning the Federal Work-study Program and the jobs available.
The financial aid staff will supply the student with a transcript of their loans to date at any time they are requested.
The financial aid staff will conduct itself in a professional manner and will maintain confidentiality at all times.
The financial aid staff promises to award aid in the form of your federal borrowing options and exhaust these options before using higher-cost private loans.
The financial aid staff will make every effort to provide prompt and courteous customer service with the student’s best interest at heart.
We care about your successful financial future!!