Here are some of the types of financial aid available
Federal Pell Grant
The Federal Pell Grant program provides the “foundation” of financial aid to which other grants, loans or assistance may be added. If the student qualifies for a Federal Pell Grant, he/she may receive between $611 and $6,095 annually (award amounts are subject to change annually), depending on family income, costs of education and enrollment status. To apply for the Federal Pell Grant, students must complete a Free Application for Federal Student Aid (FAFSA). Students must reapply for a Federal Pell Grant every year.
Federal Supplemental Educational Opportunity (SEOG)
The Federal Supplemental Educational Opportunity (SEOG) is a grant for students with exceptional financial need. SEOG is given to those students who have the lowest Expected Family Contributions (EFC) because funds are limited. Priority is given to students who receive the Pell Grant. After the student has completed a FAFSA, eligibility will be determined by the Financial Aid Office.
Federal Work-Study (FWS)
Federal Work- Study is a financial aid program that allows a student to work on-campus or with approved off-campus community service empolyers to earn money to pay for college expenses. FWS is not a grant (you must work to earn it), and it is not a loan (you do not have to repay it). Being awarded FWS with financial aid can help you become eligible for part-time jobs, both on-and off campus, that you may not have otherwise been eligible for. The FWS program encourages employment in community service and in fields related to your major of study.
A student enrolled at New River CTC is eligible for employment under the Federal Work-Study Program if such student:
- has been accepted into a degree program at New River CTC, is enrolled at least as a half-time student and is in good standing as a student.
- is a citizen of the United States, or lives in the United States for other than a temporary purpose and intends to become a permanent resident thereof, or is a permanent resident of the Trust Territoty of the Pacific Islands.
- is capable, in the opinion of the institution, of making responsible academic progress in such course of study while employed under this program, and
- has demonstrated a financial need as determined by the U.S. Departmenrt of Education.
Eligible students may apply for FWS positions at the Student Success Center. The Student Success Center co-ordinates with the department heads seeking FWS employees. Once the student has been approved by the department head, the department head will complete the employment request form for extra help (located in Human Resources). For wage information, please see New River Community and Technical College Procedure 6.
West Virginia Higher Education Grant (WVHEG)
This is a state-funded grant for students who are West Virginia residents. Students apply by submitting the Free Application for Federal Student Aid (FAFSA). Applications received by March 1 are given priority consideration. To receive the grant, full-time attendance is required. To maintain eligibility, successful completion of 24 hours within the fall and spring semesters combined, and a cumulative grade point average of 2.0 is required.
Higher Education Adult Part-time Student Grant (HEAPS)
The HEAPS Grant Program encourages and enables West Virginia students with financial need who desire to continue their education on a part-time basis at the post-secondary level. Part-time students should inquire about this program with a financial aid representative at any campus.
Scholarships and tuition waivers are available to eligible New River Community and Technical College students. Students must complete and submit a scholarship application by March 15 in order to be given priority consideration for the upcoming school year. Applications may be obtained on your campus or by requesting that one be mailed to you.
Local scholarships are available within the communities served by each New River CTC campus. Students may contact the financial aid representative on their campus for a list of local scholarship opportunities. Good sources of information about the availability and deadlines of local scholarships include high school guidance counselors and local civic organizations such as Rotary, Lions, Civitan and Ruritan Clubs, as well as local women’s organizations, the AAUW, PEOs and businesses. Students should also read local newspapers and listen to local radio/TV stations for announcements.
William D. Ford Federal Direct Loans (Direct Loans) are guaranteed federal student loan programs that include federal subsidized and unsubsidized loans and the federal PLUS (parent loan) programs. Direct Loans are awarded as part of the financial aid package if the student has requested loans on the FAFSA. First-time borrowers must complete a loan entrance interview and sign a loan master promissory note. First-time borrowers must also wait 30 days after the beginning of the semester before funds are available. READ MORE