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Past News - Financial Aid

Spring Bookstore Purchase
12.19.2013
Students with pending financial aid can purchase books against their excess financial aid beginning online on Dec. 30. Campus bookstore purchases begin on Jan. 2 and continue through the term census date, Jan 30. Students must sign a statement allowing the charges and must purchase all desired and required books/materials by Jan 30. Students enrolled or planning to enroll in later starting classes who desire to use their financial aid to purchase books must do so during this purchase period. Students who are awarded after the term census date will not be able to charge bookstore purchases against their undisbursed financial aid award until a second book purchase period opens prior to the second eight-week session. If you have any questions or concerns, contact the Financial Aid Support Center at 855-323-3199 or your campus financial aid office.

Second 8-Week Book Purchase Period
09.23.13
Students with pending, undisbursed financial aid can purchase books against their excess financial aid beginning Oct. 2, and continue through the session census date, Oct. 25. Students must sign a statement allowing the charges, and must purchase all desired and required books and materials by Oct. 25. Students enrolled in late starting classes who wish to use their financial aid to purchase books must do so during this purchase period.Students who are awarded after the second 8-week session census date will not be able to charge bookstore purchases to their financial aid award. If you have any questions or concerns, contact the Financial Aid Support Center.

Be sure to check MyNOVA for financial aid updates.

Financial Aid Campus Office Hours
09.19.13
All NOVA Financial Aid offices will close early on Friday, September 20 for college-wide training. We apologize for any inconvenience this may cause. The Financial Aid Support Center will still be available by calling 1.855.323.3199. All offices will resume normal hours on Saturday, September 21. Thank you for your patience and understanding.

Financial Aid Newsletter – “Greenback” 
08.16.13
Check out the new look of the latest issue of 'The Financial Aid Greenback,' NOVA's quarterly newsletter that helps students stay up-to-date on the latest and greatest in the world of financial aid. This issue will be available in electronic form with some limited copies at your campus financial aid office. Check it out and share your feedback on our Facebook page!

Financial Aid Pending (FAP) Holds
07.25.2013
The College Financial Aid Office (CFAO) is working diligently to process all financial aid applications. To prevent classes from being cancelled, we are placing FAP indicators on student accounts that meet the Satisfactory Academic Progress standards and have no debt holds. In addition, the student must meet one of the following criteria:

  • The student’s “To Do List” on NOVAConnect self-service shows receipt of all required documents (excluding high school diploma), but aid has not been awarded yet
  • The student has a loan offered within the last two weeks that was not accepted yet
  • A FAFSA correction has been sent to the Central Processor that has not come back to NOVA yet [EC, Electronic Correction, on “To Do List”]
  • First-year Pathway/Adult Career Pathway student
  • First-year GPS student
  • Awarded student who needs an additional amount to cover tuition and fees
  • Student whose EFCs fall within potential Pell Grant range and who have open checklist item(s) for outstanding documents
  • Student with ISIRs in PeopleSoft and incomplete checklists who are registered for classes 

The CFAO will try to process as many financial aid applications as possible between now and the first day of classes in the order files are completed. We will do our best to award your aid, but FAP holds will generally come off your account at the end of the first day of classes, Wednesday, August 21, 2013, whether or not you received an award. Check your NOVAConnect account regularly and respond immediately to any additional requests for information.

Payment Deadline Approaching
07.22.2013
The July 29 payment deadline is quickly approaching. Please submit your documents from your 'To Do List.' Due to the high volume of documents we receive, please allow 5-7 days for your 'To Do List' to update. If you have urgent questions, contact the Financial Aid Support Center. We are working hard to get your applications processed.

Loan Update
06.28.13
The financial aid office is in the process of re-originating all student loans that have not disbursed as of June 21, 2013.  This process will consist of cancelling and reposting all eligible loans at previously accepted amounts. We apologize for any inconvenience; however, all loans will be back in place for disbursement when the college completes fiscal year closeout.

Second 8-Week Adjustments
03.26.13
The second 8-week term census date was March 26. The College Financial Aid Office has begun the adjustment period. Your award will be adjusted to reflect your actual enrollment and then applied to your outstanding balance. If you have aid remaining, it will be mailed to the address you have on record with the College. Please allow 7-14 business days from the time you see your aid applied to your account, via MyNova, for your refund check to arrive. If it has been more than 14 business days, contact the Financial Aid Support Center.
Be sure to check MyNOVA for updates.

Adjustments Have Begun
02.04.13
The census date was February 1. The College Financial Aid Office has begun the adjustment period. Your award will be adjusted to reflect your actual enrollment and then applied to your outstanding balance. If you have aid remaining, it will be mailed to the address you have on record with the College. Please allow 7-14 business days from the time you see your aid applied to your account, via MyNova, for your refund check to arrive. If it has been more than 14 business days, contact the Financial Aid Support Center.
Be sure to check MyNOVA for updates.

NOVA in 3 Hot Minutes Talks Financial Aid
02.04.13
Check out the video on NOVA iTunes U and NOVAaccess YouTube.  Additionally, the video will be programmed to play on the College’s Digital Signage System.

Financial Aid Newsletter – “Greenback”
08.03.12
Check out the new look of the latest issue of 'The Financial Aid Greenback,' NOVA's quarterly newsletter that helps students stay up-to-date on the latest and greatest in the world of financial aid. This issue will be available in electronic form with some limited copies at your campus financial aid office. Check it out and share your feedback on our Facebook page!

Pending Aid Indicator
07.26.12
TUITION PAYMENT DEADLINE IS JULY 27, 2012. At this time of the year, the College Financial Aid Office (CFAO) is bombarded with paperwork, which cannot be processed all at once. In order to assist financial aid students who have completed their “To Do List,” are meeting Satisfactory Academic Progress standards and who have no holds on their accounts; we will place FAP (NVCC Financial Aid Award Pending) indicator on student accounts before enrollment cancellation for non-payment runs Saturday, July 28. 

This will prevent their classes from being dropped by the enrollment cancellation process. We will do our best to award your aid, but the FAP will come off at the end of the first day of classes, Wednesday, August 22, 2012, whether or not you have received an award. Watch your NOVA Connect account.  Respond immediately to additional requests for information.

If you don’t see an award by Tuesday, August 21, 2012, make arrangements to pay your bill until your aid is processed. You are responsible for your own registered classes. Drop all registered classes you are not planning to attend. You can be charged for these classes and can even receive failing grades for these classes. A FAP (NVCC Financial Aid Award Pending) will prevent your classes from dropping for non-payment but does not prevent you from dropping classes yourself.

Financial Aid Support Center Awareness Month
05.02.12
Avoid lines and save gas, financial aid support is right at your fingertips! NOVA financial aid has designated May as Financial Aid Support Center Awareness Month. Our goal is to make a college-wide push to promote the services available to our students via the Financial Aid Support Center. We are encouraging all NOVA students and financial aid staff to visit the support center, ask questions and complete a survey to tell us about your experience. The Financial Aid Support Center is available 24-hours, 7 days a week and 365 days a year for your financial aid questions or concerns. Log on to the Support Center and chat with a representative or call 855.323.3199.

Financial Aid Newsletter – “Greenback”
03.22.12
Check out the latest issue of 'The Financial Aid Greenback,' NOVA's quarterly newsletter that helps students stay up-to-date on the latest and greatest in the world of financial aid. This issue will be available in electronic form with some limited copies at your campus financial aid office. Check it out and share your feedback on our Facebook page!

Student Information System Outage
03.20.12
REMINDER - On Friday, March 23 at 7:00 a.m. through Monday, March 26 at 7:00 a.m., the Virginia Community College System (VCCS) will be upgrading PeopleSoft software. SIS (Student Information System) and financial aid information will be unavailable during this three-day outage. The outage will affect the information available via the Financial Aid Support Center. The Financial Aid Support Center will remain in operation, but will not be able to access the Student Information System. Other services such as MyNOVA (My VCCS), including Blackboard and student email will still be available during the above outage.

Virginia Wizard FAFSA Tutorial
02.29.12
Completing the Free Application for Federal Student Aid (FAFSA) form can seem difficult. By using the Virginia Wizard FAFSA Tutorial, and by following the directions we provide, you'll be on your way to possibly receiving funds for college. In this tutorial, learn how to fill out the FAFSA worksheet which will later assist you in the completion of your online FAFSA application.

Filing Tax Returns Prior to Filing the FAFSA
02.28.12
It is that time of the year again! If you have not already submitted your 2011 tax returns to the IRS and your 2012-2013 FAFSA, please do so immediately! It is more important than ever that you file and submit your tax returns for 2011 prior to filing the FAFSA. Students and parents are encouraged to use IRS data retrieval when completing the FAFSA. If both do, the student’s file is much less likely to be selected for verification. If selected for verification, the student and parent must submit tax transcripts and cannot submit copies of tax returns as you have in the past.

Our priority file completion date for fall is May 1. This means we will need a correct FAFSA and all requested documentation required for file verification. We will continue awarding aid for files completed after May 1, but we cannot guarantee that your award will be in place by the July 29 tuition due date if your file is not completed early. In addition, supplemental funds run out quite early. The sooner your file is complete, the better the opportunity to be considered for all possible types of aid.

For additional FAFSA Information, click here.

Super Saturday at Alexandria and Annandale Campuses
02.02.12
Get assistance with completing the 2012-2013 Free Application for Federal Student Aid (FASA) on February 4 at the 2012 NOVA Super Saturday workshops at the Alexandria and Annandale Campuses. Representatives will be on hand to give one-on-one assistance to help students complete and file the FAFSA. This event is free to the public, students and parents.

Alexandria Campus: 8:30 a.m. – 12:30 p.m.
Annandale Campus: 10:00 a.m. – 2:00 p.m.

Click here to view the Virginia Association of Student Financial Aid Administrators (VASFAA) Super Saturday Presentation.

Disbursements
02.02.12
Adjustments and disbursements have begun. If you are not enrolled and attending at least 12 credits for any term, your awards will likely be reduced prior to disbursement. Check the financial aid brochure or NOVA website for the requirements of different aid types. If you drop or fail to attend a later-starting class, your Pell Grant and potentially other aid will be further reduced. For more information, please visit the Financial Aid website.

Excess Aid Checks
02.02.12
Excess aid checks for students with aid on September 8 will be mailed by the Commonwealth of Virginia 1-2 weeks after disbursement. Go to NOVAConnect to verify that your correct mailing address is on file. If you are enrolled part-time, but do not begin attending until later in the term, your refund check will not be released until after your part-time enrollment census date.

Financial Aid Support Center
02.02.12
The NOVA Financial Aid Office has launched the brand new Financial Aid Support Center that includes a single support telephone number for all campuses (1-855-323-3199), self-help knowledge base, live chat and much more available to you 24 hours a day, seven days a week. For more information and to visit the support center, click here.

Financial Aid Support Center
10.27.11
Financial Aid Support Center!! - The NOVA Financial Aid Office has launched a brand new Financial Aid Support Center that includes a single support telephone number for all campuses (1-855-323-3199), self-help knowledge base, live chat and much more, to be available for you 24 x 7 x 365. Visit the support center on NOVA's website at: http://www.nvcc.edu/finaidsupport.

Within the new portal, you will be able to choose your communication and response preference, or you can search the knowledge base yourself to find answers to your questions. Please review the portal carefully to better understand the options available to you. Complete the survey when you have utilized the portal or ticketing system. Let us know how we are doing so we can provide you the best service possible.

Disbursements
09.23.11
Attention NOVA Students! Adjustments and Disbursements have begun. If you are not enrolled and attending at least 12 credits for any term, your awards will likely be reduced prior to disbursement. Check the financial aid brochure or NOVA website for the requirements of different aid types. If you drop or fail to attend a later-starting class, your Pell Grant and potentially other aid will be further reduced. You could end up owing money back. During the process of financial aid disbursement, there is a short period of time when financial aid awards no longer show as “Anticipated Aid” on the student’s account. Aid funds will not show on the account until disbursement processes’ are completed and funds have been posted. For More Information please visit the Financial Aid website.

Excess Aid Checks!
09.23.11
Excess aid checks for students with aid on September 8 will be mailed by the Commonwealth of Virginia 1-2 weeks after disbursement. Go to NOVAConnect and verify that your correct mailing address is on file. If you’re enrolled part-time, but do not begin attendance until later in the term, your refund check will not be released until after your part-time enrollment census date.

Do Not Drops
09.23.11
The College Financial Aid Office (CFAO) will be removing all Do Not Drop (DND) holds. If you are actively attending a class you are responsible to insure that class is dropped from your schedule. Your financial aid will be adjusted to your actual enrollment, should your financial aid not cover your entire tuition cost you will be responsible to pay the balance. Check your NOVAConnect account regularly to insure your award process goes smoothly.

Check Your List
09.23.11
Check your Student Aid Report (SAR) and your “TO DO LIST” on your NOVAConnect account to insure your award process goes smoothly. Go to www.nvcc.edu/novaconnect and check the status of your financial aid application and update your contact information.

“Will You Owe Money Back?” – Return of Title IV Funds Policy Guidance
09.07.11
As with most fiscal policies, it is very easy to get caught up in the policy verbiage and legal terms that comprise these documents; when as a college student your main perspective is “Will You Owe Money Back?” This year the Department of Education has updated the Return to Title IV (R2T4) funds policy in an effort to hold both students and institutions accountable for those funds received from the federal government to support higher education. This new policy can be read in its entirety in the Financial Aid Handbook and online at: http://www.nvcc.edu/current-students/paying-for-college/financial-assistance/letters/125-119.pdf.  

Loudoun Campus Financial Aid Office Hours
08.31.11
The Loudoun Campus Financial Aid Office will be closed on Thursdays from 3:00 p.m. to 5:00 p.m. and will reopen at 5:00 p.m. The office will continue to operate as per its scheduled hours. The Loudoun Campus Financial Aid Office will be closed on Wed., Sept. 7, 2011 and will reopen on Thurs., Sept. 8, 2011.

Financial Aid Newsletter – “Greenback”
08.05.11
Check out the latest issue of “The Financial Aid Greenback” our quarterly newsletter to help keep you up to date on what's new in the world of financial aid. This issue is available in electronic form with some limited copies at your campus financial aid office. Check it out and give us your feedback on our Facebook page! The Financial Aid Greenback - Vol. 1

Check Your List
07.27.11
Check your List Check your Student Aid Report (SAR ) and your “TO DO LIST” on your NOVAConnect account to insure your award process goes smoothly. Go to www.nvcc.edu/novaconnect and check the status of your financial aid application and update your contact information.

Fall 2011 Book Purchases
07.27.11
Fall 2011 Students that have received a Financial Aid Award can purchase books from August 9 thru September 9, 2011. Are you enrolled at Northern Virginia Community College full time (12+ credits) and want to purchase your textbooks using Financial Aid? First off make sure you’ve received a large enough award to cover you tuition, fees, and books. To check your award status, go to www.nvcc.edu/novaconnect. Next you must obtain a NOVACard with your student ID number displayed on the front in order to purchase textbooks. Lastly make sure your student account is free of holds.

Do Not Drops
07.27.11
At this time of the year, the College Financial Aid Office (CFAO) is bombarded with paperwork, which cannot be processed all at once. In order to assist financial aid eligible students who have not been awarded, but whose checklists on NOVAConnect shows they have submitted all required documents; we will be placing “Do Not Drop” (DND) indicators on those student accounts before enrollment cancellation for non-payment is July 31. The DND will give you three additional weeks. The CFAO will award, in the order files were complete, as many files as possible between now and the first day of classes.

Disbursements
07.27.11
If you are not enrolled and attending at least 12 credits for any term, your awards will likely be reduced prior to disbursement. Check the financial aid brochure or NOVA website for the requirements of different aid types. If you drop or fail to attend a later-starting class, your Pell Grant and potentially other aid will be further reduced. You could end up owing money back. During the process of financial aid disbursement, there is a short period of time when financial aid awards no longer show as “Anticipated Aid” on the student’s account. Aid funds will not show on the account until disbursement processes’ are completed and funds have been posted.

Financial Aid Satisfactory Academic Progress Policy
06.14.11
Effective with the fall 2011 term, a revised Financial Aid Satisfactory Academic Progress policy will be initiated. New federal regulations required that we review and revise the NOVA policy. A pamphlet with highlights of the new policy will be available soon, and the entire policy can be found in the NOVA Forms Library and in the updated green Student Services Financial Aid 2011-2012 booklet. 

Return of Title IV Funds
06.14.11
Return of Title IV Funds (Federal Aid) guidelines and polices have changed. This information is a valuable tool as you make your academic decisions. It is your responsibility to be aware of this policy and how it may impact your NOVA experience. The policy can also be reviewed in the updated green Student Services Financial Aid 2011-2012 booklet.

Financial Aid Newsletter – “Greenback”
04.08.11
Check out the first issue of “The Financial Aid Greenback” our new quarterly newsletter to help keep you up to date on the latest and greatest in the world of financial aid. The first issue is available in electronic form with some limited copies at your campus financial aid office. Check it out and give us your feedback on our Facebook page! The Financial Aid Greenback - Vol. 1

George Mason Business Scholarship Application
04.08.11
Here is some information about the George Mason University School of Management’s Dean Admit Scholarship. If you are a student applying to Mason and intending to enter their School of Management, please review this information.

Increase Your Financial IQ; Free Financial Webinar
02.18.11
The Money Mondays webinar series offers you a free, easy-to-access way to learn about money from the comfort of your own computer. You simply sign up at Money Mondays and then join the scheduled webinars to learn about a new topic each time. When you finish the series, you will have the tools you need to talk about money with confidence, manage your finances more responsibly, and make solid financial plans for your future.

Excess Aid Checks!
02.18.11
Excess aid checks for students with aid on by January 27 will be mailed by the Commonwealth of Virginia 5-6 weeks into the current term. Go to NOVAConnect and verify that your correct mailing address is on file. If you’re enrolled part-time, but do not begin attendance until later in the term, your refund check will not be released until after your part-time enrollment census date.

FAFSA Reminder
01.24.11
Now is the time to apply for Financial Aid 2011-2012! If you have not already done so, complete the 2011-2012 FREE Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov. Work from your completed 2010 tax returns.

NOVA's priority date is May 1. This is the date you must have ALL required documents submitted to the Financial Aid Office in order to have aid in place by July 30, the day tuition and fees are due.

Register for classes by census date (January 27, 2011).
01.24.11
Financial aid cannot be increased for classes added to an existing schedule after January 27 (term census date). Your financial aid award will be adjusted to reflect your registration status on that date. Register for all classes you intend to take this semester, including dynamic classes and second 8-week courses, by no later than January 27. You must also attend all registered classes, or aid will later be revised. Contact your Campus Financial Aid Advisor with any questions.  

Initial Term Registration After January 27
If your financial aid file is complete but initial registration is after January 27 (term census date), please notify the College Financial Aid Office (CFAO) at 703-323-3199 IMMEDIATELY to request that an award be calculated before your classes drop.  The CFAO will assist you, if possible.

Excess Aid Checks!
01.24.11
Excess aid checks for students with aid on by January 27 will be mailed by the Commonwealth of Virginia 5-6 weeks into the current term. Go to www.nvcc.edu/novaconnect and verify that your correct mailing address is on file.

Fall 2010 - Book Purchase News
Posted 7/20/2010

Fall 2010 Students that have received a Financial Aid Award can purchase books from August 9 thru September 9, 2010

Financial Aid News
Posted 7/20/2010

As of March 16, 2010, the Financial Aid Office is requiring all outstanding documents on your “TO DO LIST” to be submitted at the same time. Our goal is to expedite the process by accepting only complete files. Submit everything at once! Continue to regularly check your “To Do List” and the status of your application online at MYNOVA. Respond immediately if additional documentation is requested. Further clarification is occasionally required during the file review process

Last date to submit FAFSA for 2009-2010 award year – June 30, 2010.

The FAFSA has to be received by the Central Processor by June 30, 2010 for a student to be eligible to receive 2009-2010 funding. Corrections can be made to the FAFSA after June 30th but the FAFSA has to be submitted and received by the Central Processor on that date to be considered for 2009-2010 awards.

File completion date for summer 2010 awards – August 9, 2010**

We must have an official, correct ISIR on file by August 9, 2010, or the student’s last date of attendance if earlier, for a student to receive a summer award. Loans must be certified by the last day of attendance.

**We recommend having all documents into our office by July 16, 2010 to allow for necessary processing times.

05.04.2010
Summer students that have received a Financial Aid Award can now purchase books from May through May 28.

FAFSA REMINDER
04.05.2010
Now is the time to apply for Financial Aid 2010-2011! If you have not already done so, complete the 2010-2011 FREE Application for Federal Student Aid (FAFSA) now.

NOVA's priority date is May 1, the date you must have ALL required documents submitted to the Financial Aid Office in order to have aid in place by July 30, the day tuition and fees are due.

[Read more]

3.16.2010
As of March 16, 2010, the Financial Aid Office is requiring all outstanding documents on your “To Do List” to be submitted at the same time.

Our goal is to expedite the process by accepting only complete files. Submit everything at once! Continue to regularly check your “To Do List” and the status of your application online at MyNOVA. Respond immediately if additional documentation is requested. Further clarification is occasionally required during the file review process.