|NVCC 1998-1999 Catalog|
Student Development Services
|Financial Aid Services|
[ NVCC Home Page | Catalog Search | Table of Contents | Previous Page | Next Page ]
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.|
A Financial Aid Information Service at each campus provides information about financial aid programs, application procedures, and eligibility. The college publishes the Student Financial Aid Services brochure annually. This publication provides detailed information on application procedures and program eligibility criteria.
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 William D. Ford Federal Direct Loan Programs. If you need a loan, you must complete the Free Application for Federal Student Aid (FAFSA) for an eligibility determination. Information on loan application procedures is also sent to students with their award letter notifications.
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 Commonwealth Grant program is provided through the State Council of Higher Education for Virginia to students with demonstrated financial need attending Virginia colleges at least half-time and who are making satisfactory academic progress. The Virginia Guaranteed Assistance Program (VGAP) is a state-funded program for Virginia residents who have been graduated from a Virginia high school with a cumulative GPA of 2.5, are classified as dependent for financial aid purposes, and demonstrate financial need. An official high school transcript must be sent to the College Financial Aid Office for an eligibility determination.
Applications for financial aid are available from the College Financial Aid Office or campus Financial Aid Information Service. Application must 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, will receive priority consideration.
The NVCC Student Financial Aid Committee is composed of representatives of the administration, student body, Financial Aid Information Service, and faculty as appointed by the president. The Committee reviews and recommends policy on administering financial aid programs.
Additional information on scholarships, grants, loans, and on-campus employment may be found in the 1997-98 Student Financial Aid Services brochure. Information about financial aid policies pertaining to class attendance, recalculation of
Satisfactory Academic Progress
Federal regulations require that a student receiving federal financial aid make satisfactory academic progress in accordance with the standards set by the College. Students who are identified as having met the College's definition of "Academic Suspension" are immediately disqualified for financial aid eligibility. These limitations include all terms of enrollment, whether or not aid was awarded or received. Progress is measured by the student's cumulative grade point average and credits earned in relation to those attempted and the length of the academic program. Satisfactory progress will be evaluated by the College Financial Aid Office after each term for students enrolled in certificate programs and at the end of the spring semester for degree-seeking students. Career Studies Certificate programs are ineligible for student financial aid.
Credit Progression Schedule
Credit Progression Schedule. Students must, at a minimum, receive a satisfactory grade in the courses attempted by completing 65% of the credits for which they enrolled. Credits completed are those for which grades of A, B, C, D, R, S, or P are earned. The following schedule indicates the number of credits that a financial aid recipient must complete satisfactorily in relation to the number of credits on which financial aid is based.
Note: Federal Direct Stafford Loan borrowers will have satisfactory academic progress reviewed prior to the disbursement of any loan proceeds.
Students who have reached 100 semester credits for a certificate will be ineligible for student financial aid. Students may receive financial aid for a maximum of 30 semester credits of Developmental Studies courses, if required as a result of placement testing, and for a maximum of 30 semester credits of English-as-Second-Language (ESL) courses. ESL enrollment which exceeds the 30 credit limit may be charged against the 30 credit Developmental limit, but the combined total may not exceed 60 semester credits. For Developmental/ESL course work, students may exceed the 55 or 100 semester credits maximum.
Cumulative GPA Minimum Requirements
Students who fail to meet these requirements and lose eligibility for financial aid can appeal the decision. The appeal must be prepared in writing and must be accompanied by appropriate supporting documents. The policy statements are found in this catalog (see "Academic Standing" in the Administrative Information section), as well as the Student Handbook. They also may be obtained from your campus Financial Aid Information Service or College Financial Aid Office.
Private citizens, businesses, non-profit institutions, and associations have generously donated scholarship funds for students. Recipients are selected by the Student Financial Aid Committee, the donor, or the campus. Most scholarships require that you provide a statement of financial need, and some are curriculum or career related. The Financial Aid Information Service on each campus can provide information about the current availability of individual scholarships as well as application materials. The NVCC Educational Foundation publishes a list of available scholarships with their general criteria and deadlines.
Robert Altomare Endowed Scholarship
Last revised: Saturday, Jun-25-2005 11:01
Comments to: firstname.lastname@example.org