Summer semester is just around the corner!
Department of Financial Aid News and Updates
As part of the Strengthening the NCSG Partnership with the NCCCS to Enhance STEM-Based Learning program, NC Space Grant (NCSG) is offering a competitive scholarship opportunity for community college students majoring in science, technology, engineering or math (STEM) disciplines at any campus in the NC Community College System (NCCCS). These $2,500 scholarships are competitive awards based on academic merit.
The Community College STEM Scholarship award will provide students with $2,500 in their sophomore year (Spring 2016 semester) as long as the student maintains at least a 3.0 GPA and meets other requirements of the award. This scholarship is based on academic merit and potential for successful matriculation into a 4-year degree program. Awards will be distributed at the end of the semester pending the submission of required reports/projects.
Underrepresented minorities, females, and students with disabilities are encouraged to apply.
Deadline to apply has been extended to December 1.
SALT is a free educational program that provides ways for every student who wants a college degree to get it in a financially responsible way. SALT’s neutral advice, practical information, and interactive lessons help students gain money knowledge for college and beyond, keeping them on the path to success. For more information and to register for SALT™ visit their website.
Lifetime Eligibility for Federal Pell Grant
New regulations (Consolidated Appropriations Act of 2012) effective July 1, 2012 limits the receipt of a Pell Grant to a lifetime limit of up to 6 full-time years (600%) which is equal to 12 full‐time semesters. This law has significantly impacted the Pell Grant Program. This change affects all students regardless of when or where they received their first Pell Grant. The U.S. Department of Education will track the limits for student’s eligibility.
The 600% total eligibility applies at all schools and colleges. However, once a student has earned a Bachelors Degree, he/she is no longer eligible for
a Pell Grant even if he/she has not received the entire 600% eligibility. In addition, a student must also meet and maintain satisfactory academic
progress standards to remain eligible each year.
If a student has exceeded the 12‐semester/600% maximum, he/she will be ineligible for any additional Pell Grant and other federal and state funds.
There is NO grandfather clause nor an appeal process for LEU based on Federal Regulations. This regulation is in effect even if student has had an appeal approved for failure to meet satisfactory academic progress in past semesters, it supersedes any prior offer of aid/award, and there is NO appeal or exception.
Who does this affect?– Everyone!
- How can I see my Lifetime Eligibility Used (LEU) percentage? You can log on to the National Student Loan Data System (NSLDS) at http://www.nslds.ed.gov/nslds_SA/ and use your Federal Student Aid PIN and view your LEU.
- How is my Federal Pell Grant LEU calculated? Go to http://studentaid.ed.gov/types/grants-‐scholarships/pell/calculate-‐eligibility.
- Learn more about Federal Pell Grants at: http://studentaid.ed.gov/types/grants-‐scholarships/pell.