Federal
Programs
j
Additional Information
Federal Grants:
Grants are defined as funds based on financial need that does not have to be
repaid.
FEDERAL PELL GRANT
Pell Grants are the largest Federal grant program. This program is for
undergraduates, and awards range from $400 to $4050 per year. Eligibility is
determined by filling out the Free Application for Federal Student Aid (FAFSA).
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FEDERAL SUPPLEMENTAL OPPORTUNITY GRANTS (FSEOG)
Federal Supplemental Educational Opportunity Grants (FSEOG) are available to
undergraduates who demonstrate exceptional need. Because of limited funds,
grants range in amounts from $100 to $300
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ACADEMIC COMPETITIVENESS GRANT
(ACG)
Federal Academic Competitiveness Grant (ACG) is a new grant program that began
in the 2006-2007 award year for undergraduate students enrolled full-time in a
degree program, who receive Federal Pell Grants and are U.S. citizens. To be
eligible award year students must also be high school graduates and have
completed a rigorous secondary school program of study (after January 1, 2006,
if a first-year student, and after January 1, 2005, if a second year student).
In addition, first-year students must not have been previously enrolled in an
undergraduate program. Additionally, second-year students must have completed at
least 26 credit hours and have at least a cumulative 3.0 grade point average on
a 4.0 scale.
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Federal Work Study:
Federal Work Study Employment is made available by the college and the Federal
government. These jobs are supervised by Neosho County Community College. Jobs
will include community service opportunities. A student’s earnings may not
exceed their financial need.
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Federal Family Education Loan
Program (FFELP)
Loans are defined as funds that must be repaid.
FEDERAL STAFFORD LOAN
Students may apply for a Stafford Loan by completing the loan process available
on the financial aid web page. Remember, a Free Application for Federal Student
Aid (FAFSA) must be on file. This loan is a low-interest, fixed-rate (but
subject to change) loan to help you pay for the cost of your education beyond
high school. There is a six-month grace period immediately following separation
from school. The student may be charged an "origination fee" and may also be
required to pay up to a one percent "federal default fee". The fees will not
exceed three percent of the loan amount. There are two different types of
Stafford loans, subsidized and unsubsidized.
SUBSIDIZED STAFFORD LOAN
Applicants must meet the Federal "need" qualification to receive the Federal
Subsidized Stafford Loan. This is a need-based loan. The federal government
pays the interest to the lender during your enrollment in school, during the six
month grace period and during other authorized periods called "deferments" when
payments may be postponed. [ Back to Top ]
Unsubsidized STAFFORD LOAN
Unlike a Subsidized Stafford Loan, which defers interest charges while the
student is attending school, the Unsubsidized Stafford Loan interest rate begins
on the date the first disbursement is sent to the school by the lender; the
interest may be capitalized when repayment of the principal is deferred. The
loan amount the student may borrow is determined by subtracting the total
financial aid received from the student’s financial aid budget
(Cost of Attendance).
Annual loan limits for Stafford Loans are $2,625 for the first year of
undergraduate study and $3,500 for the second year of undergraduate study. At
no time will the combined total of subsidized and unsubsidized loans (for
applicants classified as Dependant) exceed $2,625 for the first year or $3,500
for the second year.
For applicants classified as
Independent, those students are eligible for an additional $4,000 in
unsubsidized only. At no time in the 2006-2007 school year will the combined
total of subsidized and unsubsidized loans exceed $6,625 for the first year or
$7,500 for the second year.
Beginning in Fall 2007,
annual loan limits for Stafford Loans increase to $3,500 for the first year of
undergraduate study and $4,500 for the second year of undergraduate study. At
no time will the combined total of subsidized and unsubsidized loans (for
applicants classified as Dependant) exceed $3,500 for the first year or $4,500
for the second year.
For applicants classified as
Independent, those students are eligible for an additional $4,000 in
unsubsidized only. At no time in the 2007-2008 school year will the combined
total of subsidized and unsubsidized loans exceed $7,500 for the first year or
$8,500 for the second year.
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Federal Parent Loans for Undergraduate Students (PLUS):
The Federal Parent Loan for Undergraduate Students
are made available to applicants classified as dependent students. Applicants
are required to apply for Federal "need based" aid before they will be
considered for the PLUS. The interest rate on the PLUS loan is adjusted annually
on July 1. Repayment of principal and interest begins within 60 days of the
loan’s disbursement. An origination fee will be deducted from parents’ loan
checks by their lenders. The fee will not exceed three percent of the loan
amount. The lender may also collect a "guarantee fee" of up to one percent of
the loan amount. Parents are restricted to an annual loan amount. The amount
borrowed cannot exceed "Cost of Attendance" minus "all other eligible aid per dependent student."
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Board Of Regents
Scholarships
Kansas State Scholarship:
The program is administered by the State Board of Regents Student
Assistance Section. Scholars are designated solely on the basis of the
American College Testing Assessment (ACT) or the Career Planning
Profile. Scholars are considered for a stipend of up to $1,000 upon
verification of financial need.
Kansas Minority Scholarship Program:
The Kansas Minority Scholarship is a state-funded program designed to
enable and encourage academically talented minority students to further
their post-secondary undergraduate study. A $1,850 renewable scholarship
is available to minority students with demonstrated scholastic ability
and financial need. For further information contact the
Kansas Board of
Regents.
Kansas Nursing Scholarship Program:
The Kansas Nursing Scholarship Program (KNSP) is designed to provide
financial incentive to students admitted to and enrolled in nursing
programs. Nursing scholarships will be funded by the State of Kansas and
by a medical care provider (sponsor). Applicants are required to secure
sponsorship prior to submitting the nursing scholarship application. For
further information contact the
Kansas Board of Regents or the NCCC Mary
Grimes School of Nursing.
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Requirements For Financial Aid
To be eligible, students must:
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be a U. S. citizen or eligible non-citizen,
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be registered with the Selective Service (if required),
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attend a participating college,
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be working toward a degree or certificate,
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be making satisfactory academic progress,
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not owe a refund on a Federal grant or be in default on a
Federal educational loan, and
have financial need.
In addition:
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Federal student loans must be repaid.
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Some Less-than-half-time students may be eligible for Federal Pell
Grants and some other Federal student aid programs.
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Students who have received a bachelor’s degree are not eligible
for Federal Pell Grants or FSEOG, but may be eligible for loan
assistance.
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Students attending two schools in the same enrollment period
must inform the Financial Aid Office at both institutions of their
dual enrollment. Students cannot receive financial aid at both
schools.
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Conviction of drug distribution or possession may make a student
ineligible.
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Financial Aid Applications
Application:
All students applying for Federal Financial Aid must complete the Free
Application for Federal Student Aid (FAFSA). To learn more or to submit an
online application consult FAFSA INFO. Paper
application forms are available in high school counseling offices and at
most public libraries. A paper application can also be obtained by
writing to : Office of Financial Aid, Neosho County Community College
800 West 14th Street, Chanute, Kansas, 66720 and requesting a FAFSA. All students
applying for federal aid are required to complete a
Student Data Form and submit
it to the office of financial aid. These forms are provided by the Office
of Financial Aid.
To apply for loans students must complete a
loan worksheet and submit
it to the Office of Financial Aid, complete online
loan entrance counseling, and
sign a master promissory note. Loan worksheets
are available in the Office Financial Aid and
online.
Academic and High School Transcripts:
An official high school transcript or GED certificate must be recorded
through the NCCC’s Registrar's Office.
All post secondary official academic transcript(s) must be recieved, recorded,
and evaluated by the NCCC's Registrar’s Office.
Verification Documentation:
Students may be required to submit documentation to verify the
information reported on the Free Application for Federal Student Aid
(FAFSA). If
necessary, the Financial Aid Office will contact students about this
documentation.
Loan Application Procedures:
At the beginning of each loan period an
entrance interview must
be conducted. This counseling consists of discussing the types of loan
options and eligibility available to the student, as well as loan
deferments and repayment responsibilities. The student will also obtain
a loan information packet that includes a STUDENT LOAN WORKSHEET and
instructions as to how to complete the ENTRANCE COUNSELING and Master
Promissory Note (MPN) ON-LINE by accessing NCCC's web site. The
Financial Aid Office receives verification of Entrance completion
electronically and a copy is placed in the student’s financial aid file.
The MPN is then also completed electronically immediately following
the Entrance Counseling process. The Student may sign electronically,
however if they chose not to sign electronically the student must print out the
MPN, sign, date and mail the MPN to their lender. The STUDENT LOAN
WORKSHEET informs the Financial Aid Office of the dollar amount the
student is requesting and must be completed by the student and returned
to the Financial Aid Office. These steps must be accomplished before the
loan application will be processed.
At the end of each loan period
exit counseling will be completed. A Loan Exit Packet is mailed to
the student with instructions as to how to complete the
EXIT COUNSELING ON-LINE. The Financial
Aid Office receives verification of Exit completion electronically and a
copy is placed in the student’s financial aid file. The Loan Exit Packet
also contains all of the student's loan information while they attended
NCCC and also information regarding the student's lender and how the
lender may be contacted. The packet contains documentation regarding
loan repayment obligations, the consequences of delinquency and default,
and the importance of keeping the lender informed of any changes in
status, address, or if the borrower is having difficulty making loan
payments. Until this requirement has been completed, all transcripts,
grades and other services may be withheld.
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Deadline Dates
Scholarship applications will be accepted at any time after January
1, but those received before May 1 will be given first consideration.
Those received after May 1 will be considered if funds are available.
Please contact the Office of Financial Aid regarding
scholarship applications. Scholarship recipients will usually receive the award notifications
in June.
Federal Financial Aid application priority date is April 1. You
should apply as early as possible but not before January 1 of each year.
The preceding year’s tax return information is required on the Free
Application For Federal Student Aid. You may want to consider filing
your taxes as early as possible.
NOTE- Financial aid deferments will be given to eligible students
with a completed financial aid file by the priority date of July 15th.
The deferment allows students to delay paying any tuition, fees, college
housing, or books until their federal aid is received by the college.
The amount of federal aid disbursed is according to the amount
of hours enrolled in at the time the award is calculated for payment.
Financial aid recipients are classified as full-time (taking 12 or more
hours per semester), three-quarter-time (9-11 hours per semester),
half-time (6-8 hours per semester) or less than half-time (3-5 hours per
semester). However, the student is responsible for all costs not paid by
the federal aid or if they lose their federal aid eligibility. This form
must be completed each semester, however a student only applies for
federal aid each academic year. It is important for students interested in Federal Financial Aid to
understand that financial aid funds are limited. It is essential to
correctly complete and submit the forms as soon as possible.
Consortium Agreements: If you will be taking additional hours towards
your degree at another institution during this academic year and wish to
have it included in your financial aid, you must complete a Consortium
Agreement from NCCC. You are then required to send your Agreement to the
other participating institution for completion of enrollment description
and credit hours. Consortium Agreements must be completed for each
semester and be received by NCCC prior to the 20th day of each semester.
Consortium Agreements will be used in calculating your actual award.
Please contact our office for more information. An official academic
transcript from the participating institution is required at the
conclusion of the semester.
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How Financial Need Is Determined
To be considered for the Federal student aid programs, a
student must fill out the Free Application for Federal Student Aid (FAFSA). To learn more or to submit an
online application consult FAFSA INFO. Paper application
forms are available in high school counseling offices and at most public
libraries. A paper application can also be obtained
by writing to : Office of Financial Aid, Neosho County Community College 800
West 14th Street, Chanute, Kansas, 66720 and requesting a FAFSA. The priority completion date
for federal aid applications is April 1 of each year. This application
collects financial and other information used to calculate the Expected
Family Contribution (EFC) that ultimately determines the student’s
eligibility for aid. If eligible, the student will then be offered an
aid package.
DEMONSTRATING NEED.
At its simplest level, a student’s financial need is the difference
between the amount the family can be expected to contribute to the
student’s education (EFC) and the student’s cost of attendance (COA) at NCCC.
Cost of Attendance (COA):
The law specifies that the cost of attendance includes both
institutional and non- institutional expenses. These costs are reviewed
annually.
Neosho County Community College establishes a cost of attendance
based on average student cost. The intent is to provide an allowance
which considers approximately how much money a student may expect to
need to complete an academic year, including living and college
expenses.
Expected Family Contribution
(EFC):
When the FAFSA (Free Application for Federal Student Aid) is processed
by the Department of Education, the information from the application is
analyzed and an EFC (Expected Family Contribution) is calculated based a formula
established by law. Your family's income (taxable and untaxed), assets
and benefits (for example, unemployment or Social Security) are all
considered in determining your EFC. Your family size and the number of
family members who will be attending a college or career school are also
considered to determine how much parents and students can be expected to
pay toward a student’s education. In essence, the EFC measures the
family’s financial strength based on the income and assets of the
student, the student’s spouse and (if the student is dependent) the
student’s parents. The EFC formula also takes into account the family’s
expenses, based on the number of persons in the household and the number
of those persons attending college.
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Awarding Of Financial Aid
The process of determining what programs of aid and the dollar amount
to be included from each program in meeting the need of each applicant
is referred to as "packaging".
The Expected Family Contribution (EFC) is subtracted from the
student’s Cost of Attendance and the difference is the student’s
"financial need." The following steps are subtracted from the student’s
financial need in order to determine a package:
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All scholarships being received by the student. (All
scholarships must be reported to the Office of Financial Aid as soon
as the student is notified of the award.)
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The amount of Pell Grant a student is entitled to receive.
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Students with the highest financial need will be considered for
the Federal Supplemental Educational Opportunity Grant . Recipients
must also meet all other necessary requirements as described by this
Federal Grant Program.
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Any other aid the student may be receiving will be deducted from
need. (Students are required to report these funds, such as JTPA,
WIA, Heartland Works, or
SRS, to the Financial Aid Office.
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Upon request, students will be considered for Federal Work Study
and various loans.
The proportion of need met in each
student’s case is dependent upon the available funds. Neosho County
Community College will attempt, but is under no obligation, to meet full
need. Aid will be awarded first to students with demonstrated need, with
a priority given to those applications completed by April 1.
If excess funding becomes available, funds will be awarded based on
the remaining need of students.
Award Notification.
Each student will receive an award letter showing his/her actual
financial aid package. The student should read the letter carefully, as
well as any attached forms. Students who have questions are invited to
contact the Office of Financial Aid.
Disbursement of Funds. Prior Pell Grant and student loan history will be verified before the start of
the semester and/or disbursement of aid. The signed, Student Data Form
authorizes the school to apply the Federal Pell Grant, FSEOG, ACG, Subsidized,
Unsubsidized, and Plus Loans to credit the student’s account each semester.
Charges for tuition, fees, books, and college housing (if applicable) and other
allowable charges assessed to the student will be subtracted from the federal
financial aid credit and a change check will be disbursed for any credit
remaining on the student’s account. The initial transfer of funds and payment of
aid will be approximately mid-October and late February. Students are to contact
the business office for disbursement of their aid.
Federal College Work Study money will be paid as a payroll check disbursed on
the last business day of each month at the president’s office located in Sanders
Hall.
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Return Of Title IV Funds Policy
A return of Title IV funds calculation is
required for students who receive federal aid and then completely withdraw,
either officially and/or unofficially, prior to 60% of the term being completed.
NCCC and the student may be required to return a portion of the student's Title
IV funds to the US Department of Education. If NCCC is required to return a
portion of the federal aid that was used to pay the student's institutional
expenses, the student's NCCC accounts receivable balance will be increased. For
more information refer to the financial aid handbook
or request more information from the office of financial aid.
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Satisfactory Academic Progress Policy
Federal regulations require
that a student must be making satisfactory academic progress in a certificate or
degree program in order to be eligible to receive federal aid.
As per
federal regulations, all academic transcripts will be evaluated for satisfactory
academic progress whether or not financial aid was received. For the purposes
of determining satisfactory academic progress, grades of A, B, C, D, P, F, XF,
AW, NP, and I will be calculated as attempted financial aid hours. This
includes developmental and repeated courses. Audit and non-credit classes are
not considered for financial aid and will not be included as attempted financial
aid hours. If a student completes a course that he/she received an incomplete
grade in, the student must notify the financial aid office in writing, in order
for satisfactory academic progress to be reviewed again.
Upon a
completed financial aid file, a student’s current probation or suspension status
at NCCC will be reviewed. Qualitative and quantitative measures are required
to determine satisfactory academic progress. That criterion is listed
below.
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Students must successfully complete 67% of the cumulative number of credit
hours attempted.
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Students must have a 2.0 or greater cumulative career GPA.
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Students who have attempted ninety-seven (97) or more hours will be placed
on financial aid suspension.
Successfully completed grades include: A, B, C, D, P (Pass).
Unsuccessfully
completed grades include: F (Failure), XF (Failure due to violation of
Academic Honesty policy), I (Incomplete), W (Withdraw),
AW (Administrative Withdraw), NP (No Pass).
Example:
Peter Panther has attempted twelve (12) hours at XYZ College and has attempted
fifteen (15) hours at NCCC. He has attempted a total of twenty-seven (27)
credit hours. (27 hours x 67% =18.09) He must have successfully completed at
least 18.09 credit hours and have at least a 2.0 cumulative career GPA to be
making satisfactory academic progress.[ Back to Top ]
FINANCIAL AID PROBATION
At the
end of each fall and spring term, NCCC financial aid recipients in good academic
standing who do not meet conditions 1 and/or 2 (see previous list) are placed on
financial aid probation for their next term of attendance. A student on
financial aid probation is still eligible to receive financial aid the next
semester of attendance. However, notice of financial aid probation may be
retroactively incurred based on an evaluation of the student’s previous academic
record at NCCC.
At the
end of each fall and spring semester, the students who received aid and were on
probation will also have their academic performance evaluated. At that time,
one of the following actions will occur:
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If
the student has successfully completed 67% of the cumulative number of
credit hours attempted and has a cumulative career GPA of a 2.0 or greater,
the student will automatically be reinstated to good academic standing.
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If
the above conditions have not been met, the student will be placed on
financial aid suspension.
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FINANCIAL AID SUSPENSION
Under
the following conditions, students are placed on financial aid suspension:
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Receiving unsuccessful grades in all of their classes in one term at NCCC.
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Attempting ninety-seven (97) credit hours or more.
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Currently on financial aid probation and did not meet the probation
requirements.
A
student on financial aid suspension is not eligible to receive federal aid.
However, notice of financial aid suspension may be retroactively issued based on
an evaluation of the student’s previous academic record at NCCC.
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CONDITIONS FOR
REINSTATEMENT OF FINANCIAL AID
When the
student successfully completes 67% of the cumulative number of credit hours
attempted and has a cumulative career GPA of a 2.0 or greater, the student can
apply to be reinstated to good academic standing.
To apply
for reinstatement for the first offense, the student may appeal to the chief
financial aid officer by filling out the Suspension Appeal Form listing reasons
(examples: illness, death in the family or unusual circumstances) why he/she did
not achieve satisfactory academic progress or why he/she has attempted
ninety-seven (97) or more credit hours and is seeking aid for additional
courses. The student must also supply appropriate supporting documentation,
such as a letter form his/her doctor, employer, advisor, etc. All letters
should be submitted to the chief financial aid officer.
If the
appeal is approved by the chief financial aid officer, the student will be
placed on financial aid probation, and therefore will be eligible to receive
federal aid. Certain conditions and timeframes may be included with the
probation reinstatement. If the appeal is denied, the student will remain on
financial aid suspension, and therefore ineligible for federal aid. The student
will be notified in writing of the chief financial aid officer’s decision.
The
student may appeal the chief financial aid officer’s decision to the Financial
Aid Committee within ten (10) business days. The student must fill out the
Suspension Appeal Form and attach
all supporting documents and submit them to the chief financial aid officer.
To apply
for reinstatement for the second and subsequent offenses, the student may appeal
to the Financial Aid Committee or its designee by filling out a Suspension
Appeal Form and attaching the applicable supporting documentation. All forms
and letters must be submitted to the chief financial aid officer. If the
student wishes to present his/her case orally to the committee, he/she must
indicate this intention in writing. This appeal, as well as the original appeal
to the chief financial aid officer, student academic file, academic transcript
and financial aid file will be submitted for review. The student will be
notified of the initial meeting of the committee if the student has indicated in
writing his/her request to orally present the appeal. Additionally, the
committee may mandate that the student appear at the appeal meeting. The
student will be notified in writing of the committee’s decision and may appeal
to the president or his/her designee.
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Veterans Benefits
Students eligible to attend NCCC under his/her entitlement to veterans’ benefits
should obtain VA Form 22-1990, the Veteran’s Application for Program of
Education or Training, from the financial aid office or from a veteran’s
administration representative. The veteran should complete the application,
attach a copy of DD 214, Notice of Separation, and submit them to the financial
aid office.
For payment purposes, the Veterans
Administration (VA) uses the following schedule: full time is twelve (12) or
more hours of credit; three-fourths time is nine (9) to eleven (11) hours of
credit; half time is six(6) to eight (8) hours of credit; less than half time,
benefits calculated on a per credit hour basis. Students are required to make
satisfactory progress toward graduation in order to continue receiving
educational benefits. More information regarding VA benefits is available from
the office of financial aid. More information is also available on the website
http://www.gibill.va.gov/ or by calling
the VA at 1-888-GI BILL 1.
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Glossary Of Terms Used
Institutional charges consist of tuition, fees, books,
contracted room and board, and other charges assessed the student.
Supplies are considered to be a non-institutional charge. NCCC may
assess an administrative fee not to exceed the lesser of 5% of tuition
and fees, contracted room and board, and other charges assessed the
student, or $100.
Last date of attendance is the last day the student attended
classes as determined by either official or unofficial withdraw date.
Official withdrawal is an official application for withdrawal
within 30 days after the withdrawal date.
Unofficial withdrawal is (1) the date of determination, (2)
the end of the term, or (3) the end of the period of enrollment,
whichever is earlier.
Glossary Of Acronyms
Acronyms are inescapable in the financial aid process. The following definitions
of the most common terms are intentionally brief and are used for quick
identification purposes only.
Federal Financial Aid Programs:
PELL: Pell Grant—this is a program which provides gift aid to students on the
basis of financial need.
FSEOG: Federal Supplemental Educational Opportunity Grant—this is a gift aid
program for needy students.
ACG: Academic Competitiveness
Grant-this is a gift aid program for full-time students who meet the
many requirements including taking a rigorous high school program of
study.
FCWS: Federal College Work Study —this aid program provides part-time jobs for
students at minimum wage or higher.
Subsidized Stafford Loan—this program is funded by banks, credit unions, and
other private lending agencies. This is a federally-funded loan available to
students demonstrating financial need. The interest is paid by the federal
government while the student continues enrollment at least half-time (6 credit
hours per semester). Repayment begins six months after graduation or withdrawal
from school.
Unsubsidized Stafford Loan—this program is funded by banks, credit unions, and
other private lending agencies. This loan is available to students who do not
demonstrate financial need. The only difference from the subsidized loan is the
federal government will not pay the interest for the student. The interest will
accrue on the principal borrowed and the student has the option of making
regular interest payments or allowing the interest to be capitalized (added to
the principal balance of the loan). It is possible for a student to receive both
a subsidized and unsubsidized loan during the school year.
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Application for Federal Aid
FAFSA:
Free Application for Federal Student Aid. This application determines the
student's eligibility for federal aid. This application can be submitted at
www.fafsa.ed.gov.
ISIR: Institutional Student Information Record—this is a record indicating your
eligibility for a federal aid which is received electronically by NCCC, if NCCC
(school code 001936) was listed on the FAFSA application.
SAR: Student Aid Report—this is a report
indicating your eligibility for federal aid
that is received by the student.
After the FAFSA has been processed this report is sent to the student by the
Department of Education. The complete report may be submitted to NCCC Financial
Aid Office
in order to calculate
estimated federal financial aid eligibility.
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