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PROGRAMS AVAILABLE
FEDERAL PELL GRANT -- The Pell Grant is an entitlement program which does not
have to be repaid. The award will range from $400 to $4,050 per academic year.
Pell Grant payments will be paid to eligible students who have completed a
Financial Aid File. Any funds remaining will be paid directly to the student by
check. The Business Office will issue checks within 14 calendar days after the
first day of class.
FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT -- The Supplemental
Educational Opportunity Grant may range from $300 to $600 per academic year and
does not have to be repaid. It is based on the lowest Expected Family
Contribution (EFC). The Business Office will issue checks within 14 calendar
days after the first day of class.
ALABAMA STUDENT ASSISTANCE PROGRAM GRANT -- The Alabama Student Assistance
Program Grant may range from $300 to $600 per academic year and is determined by
the lowest Expected Family Contribution (EFC). The Business Office will issue
checks within 7 days after funds are received from the State.
FEDERAL COLLEGE WORK-STUDY -- Federal College Work-Study provides jobs on campus
for students who need financial aid and who must earn a part of their
educational expenses. Students work up to 15 hours per week at the minimum wage
rate and are paid at the end of each month. Limited positions are available each
year.
STAFFORD STUDENT LOANS -- Federal Stafford Loans provide financial aid through
lenders to expand educational opportunities. Repayment begins six months after
the borrower leaves college or drops below half-time status. Loans are either
subsidized or unsubsidized. Students must show financial need to qualify for
subsidized (interest-free) loans. Students do not have to show financial need to
qualify for unsubsidized (low-interest) loans.
For more information about Stafford Loans, e-mail willmonn@nacc.edu or call ext
437 at (256)228-6001 or 638-4418.
ALABAMA COLLEGE LOAN PROGRAM
NEW -- The Alabama
College Loan Program now offers extra benefits for Teaching,
Nursing and National Guard students. Click here for more
information:
Alabama College
Loan Program (pdf)
If you have questions about this program, please contact the
Financial Aid Office.
VETERANS' EDUCATION BENEFITS -- If you feel you are eligible for state or
federal benefits based on your military service or that of a parent or spouse,
see the VA Benefits page or contact williamsh@nacc.edu, phone ext 418 at (256)
228-6001 or 638-4418.
FEDERAL FINANCIAL AID
See www.fafsa.ed.gov to
read about Federal Student Aid and how to apply online.
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