CNCC offers a wide range of financial aid consisting of various Federal, State, and Institutional programs. CNCC requires students to complete the Free Application for Federal Student Aid (FAFSA) and meet all other designated requirements to be considered for all of the following need-based aid programs. Where the aid program has the word “Colorado” in the title a student must be a resident of Colorado. These funds are provided by the General Assembly of the State of Colorado.
GRANTS (funds do not have to be repaid)
Federal Pell Grant
The Federal Pell Grant is the Federal Government's largest student paid program and is the starting point for most students seeking financial assistance. Pell awards range from $200 to $5,550 for the academic year. The amount you get, though, will depend not only on your financial need, but also on your costs to attend school, your status as a full-time or part-time student, and your plans to attend school for a full academic year or less. The total Pell grant awarded is based on full-time attendance (12 credits). A Pell grant is prorated according to the number of credits a student is enrolled in. Students enrolled in less than half-time may not be eligible for a Pell grant even though one was awarded depending on their expected family contribution (EFC). Students may apply for a Federal Pell grant until June 30, 2012 for the 2011-2012 award year. The grant can be awarded retroactively to students for successfully completed courses throughout the year provided the student is still enrolled. Eligibility is determined through the completion of the FAFSA. Students who have received a BS/BA degree are not eligible.
Federal Supplemental Educational Opportunity Grant (FSEOG)
This grant ranges from $100 to $1,500 per academic year and is available to students with exceptional financial need who are eligible to receive a Federal Pell Grant. This need is demonstrated by an EFC of 300 or less. Students must be enrolled in a minimum of 6 credit hours to be awarded this grant. Eligibility is determined through the completion of the FAFSA.
Colorado Student Grant (CSG)
This grant is available to students who are Colorado residents, demonstrate financial need, and are enrolled in six or more credit hours. To ensure that state need-based dollars are directed to eligible Colorado resident students who have the least ability to pay for their education; CCHE policy defines three funding levels. Using Expected Family Contribution, the institution will award need-based dollars to Level 1 applicants. Level 2 applicants will be considered after meeting the need of Level 1 applicants. Reasonable administrative practices, such as application deadlines, are recognized as realistic and appropriate.
Level 1: Students with least ability to pay
Students with an Expected Family Contribution (EFC) between 0 and 150% of that required for a Federal Pell Grant. The minimum undergraduate award for this category of students is $850 or the maximum amount of unmet need, whichever is less. The maximum award is $5,000.
Level 2: Students with documented need and moderate ability to pay
Students with an EFC between 150% and 200% of that required for the minimum Federal Pell Grant award. Maximum award for this category of students is $2,500 or the maximum amount of unmet need, whichever is less.
Level 3: Students with documented need and average ability to pay
All other students who demonstrate financial need, as calculated by the federal methodology, may be awarded a maximum of $500. Eligibility is determined through the completion of the FAFSA.
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