NACC will be switching to an enhanced, system-wide software system beginning in the 2020-2021 aid year.
If you have completed an online FAFSA application for 2020-2021, we will not be able to process these until the end of May.
The Financial Aid Office is located in Wallace Administration Building Room 101. The objective of the Financial aid Office is to assist students who have financial need by providing an aid package that may include scholarships, grants, loans, and work on camps.
Any prospective or enrolled student may apply for financial aid. A financial need is established when it is determined that the resources of the family (expected family contribution, the primary source of student finances) do not meet the cost of attending a particular college.
To be considered for most types of financial assistance, you must first complete the Free Application for Federal Student Aid (FAFSA) each year before the Fall Semester. Northeast Alabama Community College encourages students to apply as soon as possible after October 1 for the upcoming academic year, with July 15 as the priority deadline.(The academic year is fall-spring-summer, in that order.)
Students have a lifetime eligibility limit of 12 full time semesters or equivalent to receive a Pell Grant. This lifetime eligibility limit applies no matter when a student received the first Pell award.
Pell Grants are available for all three terms in the academic year 2019-2020. If you are starting college in the summer, you must apply for summer Pell in the current year (2019-2020) in addition to applying for fall/spring Pell for the coming year (2020-2021).
If your financial needs change during the academic year after you apply, you may submit your new information for consideration; contact the Financial Aid Office to see how.
The following video presentation is very helpful (courtesy of the University of California, Santa Barbara):
7 Easy Steps to the FAFSA
The Pell Grant is an entitlement program which does not have to be repaid. Any funds remaining will be paid directly to the student by check from the Business Office within 14 calendar days after the first day of class.
Help sessions are held every Wednesday at 1:00 p.m. in SC111. Financial aid personnel will be available to assist you in applying.
DIRECT LOAN PROGRAM
Go to Direct Student Loans
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 education expenses. Students work up to 15 hours per week at the minimum wage rate and are paid as the end of each month. Limited positions are available each year.
FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT (FSEOG)
The Supplemental Educational Opportunity Grant may range from $100 to $1200 per academic year and does not have to be repaid. It is based on the lowed Expected Family Contribution (EFC).
ALABAMA STUDENT ASSISTANCE PROGRAM (ASAP)
The Alabama Student Assistance Program Grant may range from $300 to $1200 per academic year and is determined by the lowest Expected Family Contribution (EFC).
VETERAN’S 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, please refer to the Veterans Benefits page or contact Jennifer Brown Ext. 2275 or Brenda Hernandez Ext. 2227.
Go to Veteran Benefits
WORKFORCE INVESTMENT OPPORTUNITY ACT (WIOA)
The U.S. Congress and President Obama passed the Workforce Investment Opportunity Act in 2015 to create a customer-focused approach to investing in workforce activities. To determine eligibility you need to visit your local Career Center: Fort Payne 256-844-4709, Scottsboro 256-574-4512, and Albertville 256-891-7722. If you have questions please contact Mallory Woodall at email@example.com, college phone Ext. 2344.
TRADE READJUSTMENT ACT (TRA)
The TRA program helps workers who have lost their jobs as a result of foreign trade. To determine eligibility you need to visit your local Career Center: Fort Payne 256-844-4709, Scottsboro 256-574-4512, and Albertville 256-891-7722. If you have questions please contact Mallory Woodall at firstname.lastname@example.org, college phone Ext. 2344.
INSTITUTIONAL & PRIVATE SCHOLARSHIPS
Go to Institutional and Private Scholarships
SIX STEPS TO APPLY FOR FINANCIAL AID
1. Apply to NACC
-Go to Apply for Admissions
2. Apply for a FSA ID
-Go to fsaid.ed.gov
(Student & Parent)
- Does not change from year to year. If you already have one, you may skip this step.
3. Complete FAFSA: Free Application for Federal Student Aid
-Go to www.fafsa.gov
-Click “Start a new FAFSA” or “Login”
-NACC School Code 001031
-Be sure to click on the IRS Data Retrieval Tool
Tip: Most FAFSA questions are answered in Help, a link near the top of the main FAFSA page.
4. The Department of Education will send you a SAR (Student Aid Report)
-The SAR will indicate the approximate amount of student award according to the EFC
(Expected Family Contribution) number.
5. For Direct Student Loan information
-Visit www.studentloans.gov after filling out the FAFSA
-Entrance Counseling and Master Promissory Note (MPN) must be completed
-Loan Counseling Form must be signed in the Financial Aid Office
6. NACC will send you an Award Letter
-Read the requirements for Standards of Progress (SAP)
-Sign the Award Letter, and
-Return it as soon as possible to the NACC Financial Aid Office.
*THIS MUST BE DONE SO THAT NORTHEAST KNOWS THAT YOU ARE INTERESTED IN DEFINITELY ATTENDING NORTHEAST*
Important note: If the EFC number has an *….then you have been chosen for “Verification.” This means that all of the FAFSA information must be verified. Using the IRS Data Retrieval Tool will be sufficient for this verification. If you cannot use the IRS Data Retrieval Tool, then you must get an IRS Tax Return Transcript here:
Who is NOT eligible to use the IRS Data Retrieval Tool:
Comments regarding Financial Aid should be addressed to Nicky Willmon, Director of Financial Aid, email@example.com or college phone extension 2203.
Full policies of Northeast Alabama Community College are published in the Faculty and Staff Handbook (employment policies), or the Catalog (academic and student policies), or can be obtained from the Office of the President. While this website attempts to present information accurately, it does not constitute the complete statement of policies of Northeast Alabama Community College. Contents are subject to change without notice.