Category: Financial Aid

150 Percent Rule (Max Time Frame)

150 Percent (Max Time Frame) This regulation applies to all students, including those that have not previously received financial aid. For example, a student working toward an A.A. degree needs 60 hours to graduate. Once the student attempts 90 hours he/she is no longer eligible for financial aid. (60 hrs. x 150 percent = 90 [...]

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After Receiving Financial Aid Frequently Asked Questions

If I have money left from my award and don’t attend during the summer, does that money carry over to the next fall? No. The award is for the academic year that you applied for only. If you do not use it all during that year, you never get the unused portion. Do I have [...]

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Application Procedures for VA Benefits

The following rules and information are important for your to keep in mind as you apply for VA Education Benefits certification and a receipt of pay. The first step toward using your benefits is submitting an application online. Each chapter requires different forms and/or documentation. Therefore, it is imperative that you are aware of your [...]

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BankMobile Frequently Asked Questions

Rowan-Cabarrus Community College has partnered with BankMobile, a financial services company focused solely on higher education, to offer faster delivery of refunds to students. BankMobile will be your key to faster refunds and increased choice for receiving your Financial Aid or school refunds. How are refunds from Rowan-Cabarrus Community College delivered to students? Refunds are [...]

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Financial Aid and Enrollment Frequently Asked Questions

What is an academic year? The academic year is defined as fall and spring semesters, with an optional summer. Fall semester begins in August and ends in December, spring semester begins in January and ends in May, and summer school starts in May and ends in July. Do I have to attend full-time to qualify [...]

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Financial Aid Appeal Procedure

Students terminated from financial aid assistance due to unsatisfactory standing may appeal if they have extenuating circumstances (medical or personal problems). To appeal, the student must complete and return the Satisfactory Academic Progress Form and supporting documentation to the FAO. Prior to submitting an appeal, students must complete the warning workshop via Blackboard and pass the [...]

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Financial Aid Application Process Frequently Asked Questions

How do I apply for financial aid? Complete the Free Application for Federal Student Aid (FAFSA) or, if you are a continuing student, the Renewal Free Application for Federal Student Aid (RFAFSA). Either of these can be submitted between the January prior to the beginning of the academic year and June of the summer session [...]

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Financial Aid Warnings and Probation

Warning A student is placed on warning when SAP is not met: A student on probation may receive Financial Aid for their next enrollment term. The student must re-establish satisfactory academic progress during the warning term. Unsatisfactory A student who has previously been on warning status and has failed to maintain satisfactory academic progress will [...]

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How to Apply for Financial Aid

Rowan-Cabarrus Community College offers many types of financial assistance. Depending on the type of assistance, eligibility is based on a variety of criteria such as:  financial need, educational costs, academic achievement and availability of funds.  Inquiries regarding financial aid should be directed to the Financial Aid Office. Step One: Create an FSA ID number Beginning 2015-16 [...]

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Online Financial Aid Resources

Ed.gov The U.S. Department of Education administers several major student aid programs, including Pell Grants and Stafford Loans, which provide over $42 billion a year to help millions of students pay for the costs of college. Whether you’re ready to apply for financial aid or just interested in more information about the federal student aid [...]

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