A main function of NOVA’s Financial Stability Program is to help student’s access, understand, and navigate their money; including managing unforeseen financial emergencies. There are many resources that can connect students to money, but it is important to remember that each situation is unique and may take individualized recommendations. NOVA’s Single Stop office specializes in assisting students in these scenarios, however, here are some ideas of resources you may want to look into:
Talk to NOVA’s Personal Financial Expert!
NOVA’s Personal Financial Services gives students access to an Accredited Financial Counselor, Financial Coach, and financial educator. Students can meet one-on-one with our Financial Expert or attend financial workshops for a range of financial services to improve financial well-being. Services include analysis of current financial standing, development of a spending plan, teachings on credit, savings, investing, the home-buying process, and more. Students can also work with the Financial Expert to understand their rights as a consumer when debts are in collections, filing complaints or reports against financial institutions, negotiating with lenders, and correcting and improving credit reports.Reach out to NOVA’s Financial Expert, Diana Yacob at firstname.lastname@example.org. She is available to help students over email, phone call, or video chat.
Student Emergency Grant
The Student Emergency Grant program is available to provide one-time financial assistance to students experiencing an enrollment-threatening financial emergency. Emergency funds are for sudden, unexpected or unforeseen circumstances, which require immediate assistance that affect a student’s ability to remain enrolled at NOVA. These funds will not be allocated to pay for routine education expenses.
Emergency Cash Assistance
Emergency cash assistance may be available to you to help with bills, rent, and other family needs. Eligibility for these programs can depend on what City/County you live in, your income, and additional help is available if you have children and/or a disability.
- Energy Assistance via VA CommonHelp:
- Crisis Assistance – for Heating Emergencies when individuals experience 1) a lack of heat 2) imminent utility cut-off 3) inoperable or unsafe heating equipment.
- Fuel Assistance – get help offsetting heating fuel costs (only available between October-November each year).
- Cooling Assistance – get help offsetting cooling costs (only available between June 15-August 15).
Screen for eligibility and apply online: https://commonhelp.virginia.gov/
- SNAP – Supplemental Nutrition Assistance Program via VA CommonHelp: Supplemental Nutrition Assistance Program (SNAP) can be used like cash to buy eligible food items from authorized retailers. Use this resource to supplement your grocery bill to free up funds for other bills or needs. Screen for eligibility and apply online: https://commonhelp.virginia.gov/ Want help applying and learning your eligibility? Contact NOVA’s Single Stop staff to schedule an appointment at 703-323-3450 or email@example.com.
- TANF – Temporary Assistance for Families of Minor Children: Families with minor children may also be eligible for the TANF program (Temporary Cash Assistance for Families with Minor Children). The TANF program provides eligible families with a monthly cash payment to meet their basic needs. For a child to be eligible he must be:
- Under age 18, or if 18, will graduate from high school before age 19
- Going to school regularly if he is between the ages of five and 18
- Living with a parent or other relative
- A U.S. citizen or an eligible immigrant
- Virginia's TANF program emphasizes personal responsibility. Participants may be provided with services such as job skills training, work experience, job readiness training, child care assistance, transportation and other work-related expenses.
- City/County/Community Based Cash Assistance Programs: there are many programs available in the community or through the county you reside. However, eligibility and specific protocol change program to program. Usual bills that are eligible for assistance include rental assistance with valid eviction notice, utility assistance with shut-off notice, and some other eligible bills. Please submit a Single Stop Screener to inquire about eligibility and meet with a Single Stop staff member regarding the process.
Cash-Match Savings Programs
- EARN - https://www.earn.org/save
Get Rewarded for Saving! Save $20 a month for 6 months and get $10 for every month you save. Learn more at their website and sign up directly with EARN if interested.
- BritePaths - https://britepaths.org/node/125
Work with a financial mentor and enjoy matched saving up to $500 per year with a minimum of $25 monthly contributions. Serves Fairfax County & surrounding area.