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In accordance with federal regulations, when Title IV (Federal) Funds are involved, unearned aid is returned by NCC in the following order: 1. Federal Direct Unsubsidized Loan 2. Federal Direct Subsidized Loan 3. Federal Direct PLUS (Parent) Loan 4. Federal Pell Grant 5. Federal Supplemental Educational Opportunity Grant (FSEOG) 6. Other Title IV Assistance The adjustment of aid may cause you to owe money to the U.S. Government and/or NCC. If NCC is required to return Title IV funds, the amount returned will be billed to the student. If the repayment of funds is not made to NCC within the designated deadline, the amount may be turned over to the U.S. Department of Education for collection or a collection agency, depending upon the funding source. Anyone in a repayment situation will remain ineligible for federal aid until the repayment is resolved. Students will remain ineligible for federal aid until the College receives notice from the Department of Education or collection agency that the student has reestablished his/her eligibility. If you need to withdraw from your classes it is important that you contact your Advisor to complete a “Withdrawal Form.” The “Official Withdrawal Date” is recorded by the Registrar after the “Withdrawal Form” is returned to the Student Services Office, or is the date that the student otherwise provides official notification to NCC of their intent to withdraw. However, if documentation is received indicating the student’s last day of attendance is different than the date the student officially withdrew, the student’s last day of attendance may be recorded as the withdrawal date and used to calculate the refund of tuition and fees. Students who stop attending and/ or fail to follow the withdrawal process are considered to have unofficially withdrawn and the student’s last day of attendance may be used to determine the refund calculation. If you drop below half-time, withdraw, or graduate, you are required to complete Direct Loan Exit Counseling. You may complete the online Exit Counseling session by going to https://studentloans.gov. If your enrollment status drops below half time, your future loan disbursements may be cancelled, you will no longer qualify for an in-school deferment of your loan payments, and you will either begin your grace period or your loans may enter into repayment. Types of Financial Assistance Federal Pell Grant The Federal Pell Grant Program provides federal aid to eligible students. The maximum grant for the 2017–2018 award year is $5,920. To apply for a Federal Pell Grant, complete and file a Free Application for Federal Student Aid (FAFSA). Federal Supplemental Educational Opportunity Grant (FSEOG) The Federal Supplemental Educational Opportunity Grant program provides up to $200 per academic year to students who receive the Federal Pell Grant and have exceptional financial need. To apply for a Federal Supplemental Educational Opportunity Grant, complete and file a Free Application for Federal Student Aid (FAFSA) by April 1. Iowa Vocational-Technical Tuition Grant The Iowa Vocational-Technical Tuition Grant program provides up to $1,200 per academic year for up to two years of education, to Iowa residents enrolled in a career or technical program. To apply for an Iowa Vocational-Technical Tuition Grant, complete and submit a Free Application for Federal Student Aid (FAFSA) prior to July 1. Kibbie Grant The Kibbie Grant, also called the Iowa Skilled Workforce Shortage Tuition Grant, provides assistance to Iowa residents enrolled in specific career or technical programs. To apply, students must complete the Free Application for Federal Student Aid (FAFSA) by July 1. All Iowa Opportunity Scholarship Priority is given to students who participated in certain federal TRIO Programs, graduated from alternative high schools or alternative high school programs, or participated in a Federal GEAR UP Grant program in Iowa. To apply, students must file a Free Application for Federal Student Aid (FAFSA). Students must also complete an Iowa Financial Aid Application, which is available at www.IowaCollegeAid.gov or by calling 877-272-4456. First priority will be given to students whose applications are received on or before March 1. All Iowa Opportunity Foster Care Grant The All Iowa Opportunity Foster Care Grant provides assistance to students who age out of Iowa’s foster care system, age out of the state training schools, or who are adopted from Iowa foster care after the age of 16. To apply, students must file a Free Application for Federal Student Aid (FAFSA) and an Iowa Financial Aid Application found at www.IowaCollegeAid.gov. New student applications will be considered in date received order. Renewal applications who have completed the FAFSA and the Iowa Financial Aid Application by March 1, are considered for funding first. Education and Training Voucher (ETV) Grant This program provides grants to students who age out of foster care and students who are adopted after age 16. To apply, applicants must complete a FAFSA and complete an Iowa Financial Aid Application which is available at www.IowaCollegeAid.gov or by calling 877-272-4456. GEAR UP Iowa This program provides a scholarship to students who are part of the GEAR UP Iowa state-wide cohort. To apply, students must file a Free Application for Federal Student Aid (FAFSA). Students who are not Iowa residents must also complete the GEAR UP Iowa Scholarship Application found at www.IowaCollegeAid.gov. Federal Work-Study The Federal Work-Study program provides employment opportunities for students who demonstrate financial need. Federal Work-Study provides part-time employment for students at a rate of $7.25 per hour. Community service work experience may be available. To apply, students must complete and submit a Free Application for Federal Student Aid (FAFSA). Eligibility does not guarantee a work-study position. 23 College Information


NCC_Catalog
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