FINANCIAL AID

FEDERAL PELL GRANT AND FSEOG

FEDERAL PELL GRANT

Students must annually complete the Free Application for Federal Student Aid (FAFSA) to apply for all federal financial aid programs. This includes the need based Federal Pell Grant Program.

Annual Maximum Awards

• For the 2020-2021 award year (July 1, 2020 to June 30, 2021), the maximum scheduled Pell Grant award is $6,345 for undergraduate students enrolled on a full-time basis.
• The maximum amount can change each award year and depends on program funding. The amount you are awarded 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.

Key concepts and definitions

The first critical concept revolves around the definition of an academic year.

For purposes of federal financial aid programs at New River Community College, an academic year is a period of time (normally a minimum of 30 weeks or fall plus spring semester) during which a full-time undergraduate student is expected to complete a minimum of 24 credit hours. Annual grant limits are tied to the completion of an academic year.

Award year refers to the specific enrollment period. The “normal” award year at NRCC is the fall and spring semesters (currently the 2020-2021 year). Award years run from July 1 to June 30.

A “Cross -Over Payment Period” is any period that includes both June 30 and July 1. For the purposes of federal financial aid programs, this period must be assigned to a specific financial aid award year. These years begin each July 1.

FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT (FSEOG)

The Federal Pell Grant and the Federal Supplemental Educational Opportunity Grant are need based grants which do not have to be repaid.

1. The grant amounts are awarded and divided as indicated in the student’s award available on the Student Information System.
2. The Federal Supplemental Educational Opportunity Grant (FSEOG) can be awarded for each term of the academic year. This grant is for students with a very high need factor.
3. FSEOG funds are limited and are awarded based on exceptional financial need to Pell Grant recipients on a first-come, first-served basis. Early application for financial aid is necessary to be considered for these funds.

Non-Discrimination Statement:
This College promotes and maintains educational opportunities without regard to race, color, national origin, religion, disability, sex, sexual orientation, gender identity, ethnicity, marital status, pregnancy, childbirth or related medical conditions including lactation, age (except when age is a bona fide occupational qualification), veteran status, or other non-merit factors.

The following person has been designated to handle inquiries regarding the college’s non-discrimination policies: Dr. Mark C. Rowh, Vice President for Workforce Development and External Relations and Equal Opportunity Officer, 217 Edwards Hall, 540-674-3600, ext. 4241. Inquiries concerning Title IX (sexual harassment, sexual assault/domestic violence/dating violence, and stalking) may be directed to Dr. Deborah Kennedy, Dean of Student Services, 268 Rooker Hall, 540-674-3690. or, Deputy Title IX Coordinator, Mr. John Bowler, Academic Advisor for the Center of Disability Services, 115 Christiansburg site, 540-674-3600, ext. 4418. Inquiries concerning ADA and Section 504 may be directed to Ms. Lucy Howlett, Coordinator of the Center for Disability Services, Advising Center, 275 Rooker Hall, V/TTY 540-674-3619.