General Information The Federal Stafford Direct (Subsidized and Unsubsidized) Loans The federal Stafford Loan Program enables students with financial need to obtain low-interest, deferred-payment loans directly from the federal Government. Borrowers begin repayment six months after they graduate, fall below six credits, or withdraw from the College. Loan eligibility requires a fAfSA be filed for the academic year, and loans will not be processed until a student’s financial aid file is complete. entrance and exit interviews are required. Students requesting an increase to the federal Direct Loan are expected to complete a financial literacy exercise and budget worksheet.
The Parents PLUS Loan Program The federal Parent Loan (PLUS) provides loans to parents to pay a student’s educational expenses. Students must be dependent and enrolled at least half-time and parents must have no adverse credit history.
Massachusetts Cash Grant Program The Massachusetts Cash Grant Program provides funding to students who demonstrate financial need and have resided in Massachusetts for one year prior to the beginning of the academic year.
Massachusetts Early Childhood Educators Scholarship Program This Massachusetts scholarship provides grants to students matriculated in an eligible program and who have been employed and continue employment in early childhood care. Awards are determined by the Massachusetts Office of Student financial Assistance.
The Paraprofessional Teacher Preparation Grant This Massachusetts grant provides financial assistance to a Massachusetts resident who has worked and continues to work as a paraprofessional in a public school in the Commonwealth of Massachusetts for a minimum of two years, or is employed as a paraprofessional and is pursuing a course of study that will lead to certification as a teacher in bilingual education, special education, math, science or foreign language. Students may be full or part-time. Awards are determined by the Massachusetts Office of Student financial Assistance.
Massachusetts Part-time Grant Program The Massachusetts Part-time Grant Program provides additional grant assistance to students who are enrolled for six to eleven credits and who demonstrate financial need.
Massachusetts Tuition Waiver Program This Massachusetts program waives tuition for residents of Massachusetts who have resided in the state for one year prior to the opening of the academic year and who demonstrate financial need.
Massachusetts Grant Program (for Full-time Study) The Massachusetts Grant Program provides assistance to students who are studying on a full-time basis (12+ credits each semester), who have been legal residents of the state for one year, have completed the fAfSA by May 1, and who demonstrate financial need.
The John and Abigail Adams Scholarship The Adams Scholarship is based on a student’s performance on the grade 10 english Language Arts and Mathematics assessments of MCAS. It provides a tuition waiver for eight traditional semesters. Students must first apply for financial aid, using the fAfSA. Students who receive the Adams Scholarship must maintain a 3.0 cummulative grade point average.
Vermont Student Assistance The Vermont Student Assistance Grant Program provides grants to students who are legal residents of Vermont and who demonstrate financial need. Students must apply directly to the Vermont Student Assistance Corporation for consideration.
Greenfield Community College Catalog ❧ 2013–2014
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