Students must apply for financial aid each academic year (July 1 – June 30). All current and prospective students are encouraged to complete and submit the 2016-2017 Free Application for Federal Student Aid (FAFSA) available at www.fafsa.gov
beginning January 1, 2016, and the NSC Scholarship Application, available at www.nsc.edu/finaid
between December 15, 2015 and April 15, 2016. Students who complete their FAFSA by the priority file date of April 15, 2016 have a better opportunity of receiving a more advantageous award package. Students who apply after the priority deadline may not be considered for some NSC grants, which are awarded on a first come, first served basis. The Federal Pell Grant is considered an entitlement, and those eligible will be awarded even if applying after the priority deadline.
For the 2017/2018 academic year, the FAFSA will become available on October 1, 2016 and the NSC priority deadline will be January 15, 2017. You will again use your 2015 income and tax information to complete this FAFSA.
Do not delay submission of your FAFSA because of incomplete federal tax information. Rather, you should provide your best estimate of family financial data and submit your FAFSA as early as possible. Once you file your taxes, you must return to the FAFSA website to submit a correction with your official income information. If you have already filed your taxes, we strongly recommend using the IRS Data Retrieval tool through the FAFSA website. Finally, it is important to promptly submit all documentation requested by the financial aid office (check your myNSC account's "TO DO List"). Your financial aid application cannot be processed until all requested documents are received.
For an overview of the types of aid available, please see http://nsc.edu/finaid.
Courses Eligible for Financial Aid
Only those courses that apply toward a student’s declared major or minor will be considered eligible for financial aid funding. Additionally, after passing a course with a grade of D- or better, a student can only be funded for one additional repeat of the same course. Finally, students can only receive funding for a maximum of 30 credits of remedial coursework.
Satisfactory Academic Progress Requirements
Students are required to make Satisfactory Academic Progress (SAP) towards the completion of their degree program in order to receive federal, state or institutional financial aid. NSC measures SAP using both qualitative standards (minimum 2.0 cumulative NSC GPA) and qualitative standards (70 % minimum pace of completion). Students must also complete their programs within a “maximum timeframe,” which is defined as 150% of the normal time required to complete the program. For example, students in a bachelor’s program requiring 120 credits will be suspended from financial aid eligibility after attempting 180 credits, including any transfer courses that apply to the degree program. Students in “pre” majors are limited to 90 attempted credits, while “undecided” majors are limited to 60 attempted credits. Please see the complete current SAP policy at http://nsc.edu/finaid.
Return of Title IV Federal Financial Aid Funds
Federal student and recipients who completely withdraw or fail to complete any courses during any semester at NSC are subject to the federal Return of Title IV Funds policy. Also, failure to begin attendance or participation in a course may require a return of any funds awarded for that course. Federal law requires NSC to calculate the amount of grant or loan funds a student has earned up to the point of withdrawal. In some instances, students may owe funds back to NSC or the federal programs from which they received financial assistance.
Please view the complete Return of Title IV Fund policy at www.nsc.edu/finaid.
Veteran's Benefits (All Chapters) processing is handled through the Financial Aid Office by the VA Specialist. Please see the VA Benefits website (http://www.nsc.edu/financial-aid/va-benefits/index.aspx) for information on paperwork required for certification and contact information.
Financial Aid FAQs and Policies
A complete list of financial aid frequently asked questions and current policies can be found at http://nsc.edu/finaid