NVCC 1995-1996 Catalog

Financial Aid Services

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NVCC strives to assure that no one be denied the opportunity of attending the College for financial reasons. The financial aid program provides a variety of ways for you to get funds for college.

Financial aid counselors at each campus provide information about financial aid programs, application procedures and eligibility.

Jobs are available on campus through a work-study program. If you can show financial need, you may qualify for participation in this program.

Loans are available through the Federal Perkins Student Loan and the Federal Family Educational Loan Programs. If you need a loan, contact the Financial Aid Office for information and a determination of eligibility for a loan.

Federal Supplemental Educational Opportunity Grants (SEOG) are federally funded and available in conjunction with other types of financial aid.

The Federal Pell Grant, which is federally funded, requires demonstrated financial need.

The College Scholarship Assistance Programs (CSAP) and Virginia Community College System (VCCS) provide grant awards for students domiciled in Virginia. The program is provided through the State Council of Higher Education for Virginia to needy students attending Virginia colleges at least half- time and who are making satisfactory academic progress.

Applications for financial aid are available from the Financial Aid Office on campus. Application must be made on your home campus and should be made well in advance of the semester for which assistance is needed. Applicants for all aid programs, including loans, must file an approved need analysis application. Completed applications received by March 1, 1994 will receive priority consideration.

The NVCC Student Financial Aid Committee is composed of representatives of the administration, student body, Financial Aid Offices, and faculty as appointed by the president. The Committee reviews and recommends policy on administering financial aid programs.

Some Extended Learning Institute courses may not be included in any calculation used to determine a student's eligibility for any financial aid funds or loan deferments.

Additional information on scholarships, grants, loans, and on-campus employment may be found in the 1994-95 Student Financial Aid Services brochure.

Satisfactory Progress

To be eligible for financial aid, you must maintain satisfactory academic progress for all periods of enrollment. If you are a degree-seeking student, you may be eligible for financial aid for no more than the equivalent of six full-time semesters of enrollment. If you are a certificate-seeking student, you may be eligible for financial aid for no more than the equivalent of three full-time semesters of enrollment. If you are required to take developmental studies, you are limited to receiving financial aid for 30 credits of developmental studies and 30 credits of ESL courses.

You must demonstrate satisfactory academic progress by completing the minimum number of required credits and achieving the minimum required GPA as measured by the Credit Completion Schedule. Completed credits are those for which a grade of "A", "B", "C", "D", "P", "R", or "S" was earned. You may receive financial aid for up to seven (7) credits of pass/fail coursework. The schedule is prorated if you are a part-time student. An evaluation of satisfactory academic progress will be done at the end of each summer session for degree-seeking students and at the end of each fall semester and summer session for students enrolled in certificate programs.

                     CREDIT COMPLETION SCHEDULE
       Total Full-Time        Required Credits        Required Cumulative
      Semester Equivalent        Completed                  GPA
            1                       12                      ____*
            2                       24                      1.75
            3                       36                      1.75
            4                       48                      2.00
            5                       60                      2.00
            6                       72                      2.00
* 13-23 credits requires a 1.50 GPA

If your academic standing is "Suspension", you will be immediately ineligible for aid until you have achieved a cumulative GPA of at least 1.50, and made up any other deficiencies under this policy.

You may apply to the Financial Aid Office for probationary eligibility when unusual and mitigating circumstances have prevented you from meeting the terms of this policy. You may appeal your status under this policy through the NVCC Student Grievance Procedures.

If you withdraw from or fail to attend classes, you are subject to repaying financial aid. Additional information is available in your Financial Aid Office.


Last revised: Saturday, Jun-25-2005 09:28
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