Sheridan College
Student Loans

Whitney Benefits, Inc. was created under the Last Will and Testament of Mr. Edward A. Whitney, a Sheridan County resident, who passed away in 1917. Mr. Whitney directed the corporation to create a student loan program that would help provide men and women with modest financial assistance from the corporation's income to pursue academic and vocational studies.  

Since inception of the program in 1928, through June 30, 2012, the corporation has loaned 5,366 students approximately $33,507,674.50. For the fiscal year that ended June 30, 2012 Whitney approved interest free loans totaling $2,153,088.54 to 121 students; 96 students received loans for the first time and 25 students had received loans previously. As of June 30, 2012, Whitney has $16,294,959.63 in student loan monies loaned and/or committed to Sheridan and Johnson County students.
For more information, please select one of the following links:
Students with Current Loan, Prospective Loan Applicants, Apply OnlineFrequently Asked Questions or Educational Programs
Students with a current Whitney Loan

Current Student Loan Forms and Information
The request deadline for Fall 2015 funding for students with a current Whitney loan is October 1, 2015.
  Please carefully read below to determine which PDF documents to print and return to Whitney Benefits.

Graduate/Vocational Loan Disbursement
Disbursement Worksheet
Cost of Attendance
Electronic Credit Authorization
Undergrad Loan Disbursement
Disbursement Worksheet
Electronic Credit Authorization

Address Update: Please email your new address and telephone number to

For additional information, questions, or if you are unsure which loan color applies to you, please contact Whitney Benefits at (307) 674-7303 or by e-mail at
Prospective Loans

  • Graduates of an accredited Sheridan / Johnson County High School.
    Students who have obtained a GED from a Sheridan / Johnson County High School or Sheridan College.
  • Individuals that have had at least seven years of continuous residency in Sheridan or Johnson County immediately prior to applying for a loan.
Applicants up to age 24 years old:
  • Must have a 2.5 cumulative grade point average from high school, or
  • A 2.25 cumulative grade point average from college.
Applicants who are age 25 years and older:
  • Must have a 2.0 cumulative grade point average from high school, or
  • A 2.25 cumulative grade point average from college.
Other Requirements Do Exist.

  • Be related to Whitney Benefits Board members.
  • Currently have loans with the Dodd and Dorothy L. Bryan Foundation, B.F. and Rose H. Perkins Foundation, or any other private foundation.
  • Be currently receiving a Daniels Fund Grant.
Whitney, in its sole and absolute discretion, has the authority to determine whether a student meets qualifications for loan approval.

Apply for a Student Loan Online

Whitney Benefits will now only be accepting online applications.

When completing the student loan application online, you will need to gather and submit the following documents:
  1. Official transcripts of all High Schools and Colleges attended.
  2. Most recent IRS Form 1040 filed by Applicant, Applicant's Spouse, and both Co-Borrowers (Please submit only the first two pages of the 1040 or 1040EZ and please make sure that the copies are signed.)  View an example of the required 1040.
  3. Proof of enrollment (acceptance letter or schedule).
  4. Proof of the Cost of Attendance from the school you will be attending, if you are attending vocational or graduate school.
  5. Statement of amount borrowed from the Homer and Mildred Scott Foundation Student Loan Fund, if applicable.
  6. Please attach a recent photograph.
Please review the Whitney Benefits Student Loan Terms and Conditions, available as a PDF.

The application deadline for Fall 2015 funding for new loans is September 1, 2015.

Once your application and all required documents are submitted, Whitney staff will review them and will mail you a letter verifying that your loan has been approved. Once you receive this letter, please call Whitney Benefits and schedule a Loan Closing.  If you submit your application and required documents and Whitney Staff finds an error we will contact you at the number and/or email you provide on the application form

Students and their co-borrowers must attend the Loan Closing.  At the Loan Closing, Whitney staff will review the loan documents before the student and their co-borrowers sign. All documents will be notarized. The loan closing takes approximately 20 minutes.
Whitney will issue the first disbursement to the student at the loan closing.  All disbursements issued by Whitney shall be payable only to the student.  To receive all future disbursements, the student must first provide Whitney with an official transcript or grade report verifying that the student has earned at least 12 credit hours and maintained a 2.25 grade point average in the preceding term.

Frequently Asked Questions about Whitney Loans

How much can students borrow in total and per semester for undergraduate or vocational studies?  What information do you use to see how much each student will qualify for?
Up to $24,000 for undergraduate or vocational school studies.  Traditional students may borrow, each semester during their undergraduate education, the following amount:
  1. One half (1/2) of the annual limit established by the Whitney Trustees.  For schools on quarter systems, the annual limit shall be one-third (1/3) instead of 1/2.  The annual limit is $6,000.
  2. Vocational students may borrow up to $24,000 over the length of their program.  These students will not be held to the annual limit.
  3. To qualify, students and the student's parents must have an adjusted gross income from the previous year of under $200,000.
How much can students borrow for graduate or professional studies?
Graduate students can borrow a credit limit of $40,000.

What is the lifetime limit amount of student loans a student can borrow from Whitney Benefits?
Students can borrow a lifetime limit of $24,000 to attend undergraduate and/or vocational school and a lifetime limit of $40,000 if they attend graduate school.

When are the funding deadlines for students with current loans?
The deadline for Fall funding is October 1st and for Spring funding is March 1st.

When will I be expected to start repayment on my loan?

Repayments begin on the earliest of the following dates:
  • Six months after the anticipated or actual graduation date.
  • Immediately if the student leaves school.
How much interest will I pay on my loan?
Whitney Benefits Student Loans are interest free.  (However, interest may be charged if the loan is in default.)
How much money does an interest-free student loan save me?
Please refer to the calculations at this link.

How often will I receive the Present value discount option?

Present Value Discounts are available at the start of repayment and
every anniversary date thereafter.

Can Whitney Benefits send and receive electronic payments?
Whitney Benefits does now have the ability to electronically disburse funds and receive electronic payments.  Please download the Electronic Credit Authorization form to receive electronic disbursements or the Electronic Debit Authorization to make electronic payments.  Please fill out and return the form to Whitney to take advantage of these conveniences.
Educational Programs
Whitney Benefits supports educational programs including Funding Education, Sheridan County School Districts, Awarded Education Funding, and the Manley Needs Accessment Study.

Funding Education


1) To qualify take the ACT or SAT Exam
2) Apply for all available grants.
3) Apply for several scholarships then apply for interest-free loans.

For more information contact the SHS planning office at 672-2495 or for biweekly newsletter:

All info available to any student in Sheridan and Johnson counties.

Hathaway Scholarships -
FAFSA-Free Application For Federal Student Aid
There are scholarships available for specific colleges & career choices.

Deadline for most scholarships March 1st.  Please check!

The Dodd and Dorothy L. Bryan Foundation
Up to $5000/year P.O. Box 6287
First Plaza- 2 North Main
Fourth Floor- Suite 401
Sheridan, WY  82801
Phone: (307) 672-3535

The B.F. and Rose H. Perkins Foundation
Up to $5000/year - Sheridan County Students Only
P.O. Office Building
45 E. Loucks, Suite 110
P.O. Box 1064
Sheridan, WY  82801
Phone:  (307) 674-8871
Walt and Olga Pilch Foundation
41 East Burkitt
Sheridan, WY  82801
Phone:  (307) 674-7491

Scott Foundation
Up to $4000/year for Sheridan College
Contact Sheridan College Fin. Aid
(307) 674-6446, x2100

Whitney Foundation
Loans up to $6000/year
P.O. Box 5085
145 N. Connor Street, Suite #1
Sheridan, WY 82801
(307) 674-7303


Funding Education Beyond High School: The Guide to Federal Student Aid

Financial Aid Information from the U.S. Department of Education including information on Pell Grants, Federal Perkins Loans, Work Study, Stafford Loans, PLUS loans (loans to parents) and Consolidation Loans. 

Sheridan County School Districts

School District #1 School District #2 School District #3

Awarded Educational Funding


In 2002 and 2003, Whitney commissioned Dr. Mariam Manley to complete a Sheridan County Educational Needs Assessment.  The 2002 report identified technology, hospitality, and health care as the three areas where future jobs would be available.  The grants help the school districts, working in collaboration, to offer programs in the areas of hospitality and health care.

In 2002, Whitney Benefits began funding two vocational education grants, for a period of three years, to the Sheridan Community Educational Foundation (SCEF) to benefit students in all three Sheridan county school districts.  The educational grants were given for a Certified Nursing Assistant Program and a food service/ hospitality program.

The Health Occupations class through the Certified Nursing Assistant Program at Sheridan High School trains future health providers in a sequence of new courses funded by the Whitney grant.  From inception of the program in 2003 through December 2006, 280 students directly benefited from the program. In 2006, twenty five students were certified in the CNA program and thirteen more are signed up for the Spring 2007 course.

Pro Start II  and Kid's Catering are hospitality programs that build on students' interest in hotel and restaurant services.  Since inception of the program in 2003, 118 students have enrolled in the Hospitality Program.

In December 2006, Whitney Benefits gifted Tongue River High School Kid's Catering $7,285 to purchase supplies for to continue with the hosipitality program.  Items purchased included a reach in freezer, washer and dryer, tuxedo shirts, knifes, and aprons. 

Manley Study - Needs Accessment

In 2001, Whitney Benefits began the process of considering an educational needs assessment and determined that a method was needed to evaluate the educational needs of the county.  In 2002, Whitney Benefits, commissioned Dr. Miriam Manley to complete a Sheridan County Educational Needs assessment.  Whitney's intent for the educational needs assessment was to collect high quality current data that could be used to plan, support, and ensure that programs, opportunities and services are available to young people in Sheridan County enabling them to pursue careers in the global workplace.  The need and design of the educational needs assessment was developed based upon input gathered from meetings of multiple groups and service providers within Sheridan County including:   Whitney Board Trustees, School District #1, School District #2, School District #3, Sheridan College, and other local foundation representatives.  The commissioning of this study was the recognition of the Whitney Foundation that career opportunities in the 21st century are rapidly changing.

Careers are becoming more global and transcend geographical boundaries.  Advances in technology have changed and will continue to change the workplace, and how individuals live and conduct their careers.  Whitney considered it critical that educational and vocational training opportunities available within Sheridan County remain current and evolve so as to ensure that our young people are highly skilled, competitive and have the choices they want and need for their careers in the future.

In 2003, Whitney Benefits again commissioned Dr. Mariam Manley to complete Phase II of the Sheridan County Educational Needs Assessment.  This session dealt with common and specific educational opportunities and problems as well as action plans by each of the three Sheridan County School Districts and Sheridan College.  Whitney believes that it is critical that Sheridan County and their respective communities identify how we can best meet the educational needs of our young people so that people can be competitive in the global market as well as make choices on their future lifestyles.  Click the links below to view the reports.

Whitney Educational and Vocational Needs Assessment Study Final Report - August 2002 (pdf format)
 Whitney Benefits, Inc. / MWG  All Rights Reserved.