Don’t Let Finances Be a Barrier to Your Education
Complete the FAFSA by filling out the form here.
Nashua Community College Federal School Code: 009236
NCC has Priority Deadlines for Financial Aid – To have aid in place by payment due date, apply by the deadline.
NCC PRIORITY DEADLINES:
Summer: 3rd Monday of April
Fall: 3rd Monday of July
Spring: 3rd Monday of December
HOW TO USE SIS FOR FINANCIAL AID (PDF)
A guide for early college financial planning
Information to help students find scholarships
Information for alternative finance options
EXCESS STUDENT LOAN FUNDS FAQ’S
Frequently asked questions for student loan refunds.
As a service to current or prospective students and current or prospective employees, and in accordance with the disclosure and reporting requirements of the Higher Education Opportunity Act (HEOA), NCC has designed this page to provide quick access to important consumer information. CLICK HERE.
The College is well aware of the financial burden of meeting college costs. The Financial Aid Office at NCC encourages students to apply for assistance. Assistance is available in the form of scholarships, grants, loans, and work study. Federal, state, and private scholarship funds are often limited. Applications with the greatest financial need receive first consideration for assistance. Applications should be filed by May 1 each year to receive consideration for state grants.
What is Financial Aid?
The first step in applying for financial aid is for the student and, if applicable, his/her parent or his/her spouse, to complete the Free Application for Federal Student Aid. The school code for Nashua Community College is 009236. Please allow 1-2 weeks for the results of your processed FAFSA to be sent to the College. Upon receipt of your processed FAFSA, the Financial Aid Office will contact you if additional information is required.
Requirements of an applicant each academic year for him/her to be awarded financial aid:
- Completion of the financial aid application process;
- Admission to an associate degree or a certificate program that is financial aid eligible;
- Be a United States citizen or eligible non-citizen;
- Be registered with the Selective Service if male between the ages of 18 and 25;
- Not owe a refund on a grant or be in default on any federal student loan;
- Not have borrowed in excess of the annual or aggregate federal loan limits;
- Demonstrate financial need as determined by federal and/or state guidelines;
- Enrollment in a minimum of six (6) credits per semester. The Pell Grant may be awarded to students with extremely low expected family contribution (EFC) who are enrolled in three (3) credits per semester;
- Maintain Satisfactory Academic Progress (SAP) according to the guidelines; and
- Reapply every academic year.
Student Aid on the Web has detailed information on all federal student aid.
Federal Direct Loan Program
Requirements: A student must be enrolled in a minimum of six (6) credits to be eligible for these programs. The amount a student may borrow may not exceed the cost of attendance minus other assistance (or, for subsidized loans, other assistance plus the EFC). All Students must complete a Master Promissory Note (MPN) and Loan Entrance Counseling (LEC) at https://studentaid.gov/ under ‘Complete Aid Process.’
Direct Subsidized Loans
These loans are subsidized by the federal government for students who demonstrate financial need. Subsidized means the student is not responsible for payment of accrued interest during periods of at least half time enrollment [six (6) credits or more]. Repayment begins six (6) months after graduation, withdrawal, or when enrolment drops below six (6) credits.
Unsubsidized Stafford Loans
These loans are not subsidized by the federal government and are not based on financial need. Unsubsidized means the student is responsible for payment of accrued interest during periods of at least half time enrollment although actual payment can usually be deferred. Repayment begins six (6) months after graduation, withdrawal, or when enrollment drops below six (6) credits.
- Dependent Students up to $31,000 of which only $23,000 can be subsidized;
- Independent Students up to $57,500 of which only $23,000 can be subsidized.
Satisfactory Academic Progress (SAP)
The Financial Aid office is required by federal regulations to periodically review financial aid recipients to ensure that they are making satisfactory academic progress towards the completion of his/her program of study. Satisfactory academic progress (SAP) for financial recipients is measured by both qualitative and quantitative standards and is an assessment of a student’s cumulative academic record while in attendance at the College.
Have your finances changed?
You may qualify for more Financial Aid. See details on re-assessing your financial circumstances here.
Federal Pell Grant
The Federal Pell Grant is a federally funded program that assists students who demonstrate financial need with the actual costs of attending college. A Pell Grant is considered “gift money” that does not have to be repaid. To qualify for a Pell Grant, you must be an undergraduate student who does not already have a bachelor degree. Awards are granted on a sliding scale ranging from $311 to $6,195 and are based on the expected family contribution (EFC) determined by the FAFSA.
Federal Supplemental Educational Opportunity Grant (FSEOG)
FSEOG is a federal grant made available to students who demonstrate exceptional financial need. The FSEOG is considered “gift money” that does not have to be repaid. To qualify for FSEOG, you must have Pell Grant eligibility, however, all students who receive the Pell Grant will not receive FSEOG.
Massachusetts and Vermont State Grants
The Massachusetts State Grant and the Vermont State Grant programs provide grants for their respective residents attending a college in his/her state or another state. Students must demonstrate financial need. Massachusetts residents must submit the FAFSA by May 1 of each year to be considered.
WIOA
WIOA, or the Workforce Innovation Opportunity Act, is a federal program that helps unemployed job seekers find training and employment opportunities.
SNAP Benefits
You may qualify for food stamps/SNAP benefits depending on your household size, income, expenses, and resources.
See if you qualify for the SNAP Employment & Training Program.
Granite Advantage Healthcare Program
Hosted by the Department of Health and Human Services, the Granite Advantage Healthcare Program replaced the NH Health Protection Program, see eligibility details online. Visit the NH Easy Gateway to Services page to view other benefits, such as childcare and tuition funds through WorkNow NH (PDF).
Download this information (PDF).
Dependent Students (except students whose parents cannot borrow a PLUS loan) who qualify, may borrow the following per academic year:
- Freshmen (0-30 credits earned) up to $5,500 of which only $3,500 can be subsidized;
- Sophomore (31+ credits earned) up to $6,500 of which only $4,500 can be subsidized.
Independent Students and Dependent Students whose parents cannot borrow PLUS who qualify may borrow the following per academic year:
- Freshmen (0-30 credits earned) up to $9,500 of which only $3,500 can be subsidized;
- Sophomore (31+ credits earned) upt to $10,500 of which only $4,500 can be subsidized.
The average loan debt for graduates is $6,123.
Return of Financial Aid Funds (Return to Title IV)
Financial aid recipients who withdraw from all classes or stop attending classes prior to completing more than the 60% point in the semester may be required to repay all or a portion of the financial aid they received for that semester. Recipients may also be required to pay back, to the College, all or a portion of tuition charges.
Title IV funds are awarded to a student under the assumption that the student will attend school for the entire period for which the assistance is awarded. When a student ceases attendance, the student may no longer be eligible for the full amount of Title IV funds that the student was originally scheduled to receive.
The following is a sample Cost of Attendance (COA) constructed for a 9 month academic year with full time attendance (24 credit hours for the year) for a student living off campus.
Tuition (24 credit hours): $4,800
Room and Board: $13,329
Fees: $624
Books and Supplies: $1,400
Transportation: $2,467
Personal Expenses: $1,800
Total Sample Cost of Attendance: $24,420
Special Note:
CCSNH uses period based budgeting. A student’s COA is reviewed each semester. Full Time is (12+credits), Mixed is (6 –11 credits), and Less than half time is (less than 6 credits). However, if a student is enrolled for less than half time in a semester, their COA must be adjusted for that semester to exclude Personal Expenses and Room and Board. Additionally, when a student withdraws from a course or course(s), a review of COA is required and the COA may be modified.
Need helping doing a budget? Planning for your future? Managing your finances for after graduation?
Degrees and Certificates
