Rowan-Cabarrus Community College has partnered with Higher One, a financial services company focused solely on higher education, to offer faster delivery of refunds to students. Higher One will help bring this method for receiving refunds via the My RCCC Card Debit MasterCard®. The My RCCC Card will be your key to faster refunds and increased [...]
Category: Financial Aid
Please complete the Application for Workstudy if you are interested in applying for such aid. Please submit an application for each work study position you are interested in.
Subsidized vs. Unsubsidized Federal Direct Stafford Loans The federal government pays the interest on subsidized Federal Direct Stafford loans while the student is enrolled at an approved school at least half-time. To receive subsidized Federal Direct Stafford loans, applying students must demonstrate need. The federal government does not pay interest on unsubsidized Federal Direct Stafford [...]
Types of Loans Subsidized- the federal government pays the interest on the loan while the student is enrolled at least half time. Student must demonstrate financial need. Unsubsidized- students may borrow this loan without demonstrating need; however, interest accrues from the day the loan is disbursed. Borrowing Maximums Student Type Completed Credits Subsidized Unsubsidized Annual Max (Sub+Unsub) [...]
Be admitted into an approved Degree, Diploma, or Certificate program, and be maintaining Satisfactory Academic Progress in that program. Complete the FAFSA (Free Application for Federal Student Aid) for the current aid year. Provide other documents if requested by the Financial Aid Office. Sometimes the FAFSA data is incomplete, or the U.S. Department of Education [...]