education Types of Aid
Central Carolina Community College awards financial aid from various sources based on your individual need, eligibility, and funding availability. The following are the primary sources for education funding. Continuing financial aid is contingent on maintaining satisfactory academic progress.
Grants are money, usually from federal or state government agencies, that are awarded to college students who meet the grant requirements. Grants do not have to be paid back. a. Federal Grants 1. Federal Pell Grants are awarded by the U.S. Department of Education. They are the foundation of federal student financial aid. 2. Federal Supplemental Education Opportunity Grants (FSEOG) are for undergraduates with exceptional financial need. Funding for this program is limited. Early filing is strongly recommended. 3. U.S. Department of Veterans Affairs Veterans Benefits â€” If you are a veteran of the United States military, you may receive money for education. Visit www.gibill.va.gov for more information. b. State Grants 1. North Carolina Community College Grants (NCCCG) are awarded to legal residents of North Carolina who enroll for at least six credit hours. 2. North Carolina Educational Lottery Scholarships (NCELS) are awarded to legal residents of North Carolina who enroll for at least six credit hours. c. Other Grants 1. Child Care Assistance Program Grants are available through the collegeâ€™s Special Programs
Coordinator in Student Services. They are based on greatest need and available on a limited basis for students enrolled full-time. 2. Other miscellaneous grants may also be available.
You may be eligible for scholarships to help you pay for your college education. Scholarships can be based on academic performance, major, talent, achievement, or other specific qualification. They do not have to be paid back. A variety of scholarships are available through the state, individuals, businesses, and civic and service organizations: a. The Central Carolina Community College Foundation offers scholarships provided by donors, many for specific majors. The list and application form are available at www.cccc.edu/financialaid/ scholarships. b. The College Foundation of North Carolina provides excellent information on preparing and paying for college. Visit www.cfnc.org.
The Federal Work-Study Program offers employment opportunities to eligible students who want to earn money to assist with educational costs. A limited number of work-study positions are available each semester to help students earn money to pay for college.
Be very careful about taking out educational loans. These must be paid back, with interest. Many students create financial problems for themselves by borrowing more than they can reasonably pay back. Note: CCCC does NOT participate in the federal Direct Stafford Loans or Educational Loan programs. There are many ways to pay for a college education and many resources to help you discover them. Get more information at the websites of the CCCC Financial Aid Office or one of the other organizations listed. A college education at CCCC is affordable!
c. Scholarships.com matches up North Carolina residents with available financial aid, as well as providing information on many colleges. Visit www.scholarships.com. d. Fastweb is another online resource to check for financial aid. Visit www. fastweb.com.