FINANCIAL AID

New River Community College (NRCC) offers a variety of financial opportunities for students who need financial assistance.

The philosophy of the Financial Aid Office is that no qualified student shall be denied the privilege of attending college because of the lack of finances, if funds are available.

To determine if a student qualifies for aid, the Financial Aid Officer looks at need. Need is defined as the difference between the cost of attending (COA) the college and the total estimated family contribution (EFC) as calculated by FAFSA.

The criteria used for selecting student recipients involve both the computed need of the student, and the student’s academic standing. The application priority dates are March 15 for summer, April 15 for fall and November 15 for spring. Applications received by the priority date will receive priority consideration for the upcoming academic year. Those received after the priority date will receive consideration only as funds are available.

A student must be a degree seeking student and not taking classes for transfer only purposes and have demonstrated need, the college tries to meet that need by offering assistance consisting of grant(s), a work-study position, a scholarship, and/or a loan. Awards are prorated and adjusted for enrollment level based on full-time (12 credits), three-quarter time (9-11 credits), half-time (6-8 credits) and less-than-half-time (5 credits or less). Most awards have a minimum enrollment level requirement.

Students attending two schools in the same enrollment period must inform both Financial Aid Offices. Students cannot receive financial aid from two schools in the same term.

Students interested in Federal Work-Study will need to complete a work-study application. Applications will be reviewed and placements will be made prior to each semester. Potential work-study students will receive an email with the name and contact information of their potential supervisor to set up an interview. If hired, the student will need to provide the Financial Aid Office a copy of their driver’s license and Social Security card.

The Military Selective Service Act of 1983-84 states that any student required to register with the Selective Service who fails to do so is ineligible for Title IV student aid - Federal Pell Grant, FSEOG, FWS, Federal Perkins Loan, Federal Direct Stafford, Federal PLUS Loans, and State Incentive Grant Program.

Type of aid available at NRCC can be found VCCS financial aid programs document.