Financial Aid

Cumulative Completion Rate & GPA

Room & Board Charges

Satisfactory Academic Progress (Financial Aid)

Scholarships

Senior Citizens Grant

Student Billing and Payments

Tuition and Fees

Veterans

Returned Checks

Incidental Expenses

Download PDF

CCC uses the Free Application for Federal Student Aid (FAFSA) to determine eligibility for Federal Financial Aid programs. The data is transmitted to CCC as an Institutional Student Information Record (ISIR) after completing the FAFSA. If the ISIR is selected for verification, a Federal Income Tax Return for the parent and student may be required, in addition to verification forms that the Financial Aid office will provide. All the necessary documents must be returned to the Financial Aid office before the student
can be packaged for Federal Aid.

The Financial Aid office processes scholarships but does not award scholarships. They will answer scholarship questions and refer students to the appropriate entity for scholarship concerns.

The Financial Aid office does not perform billing functions. Billing inquiries other than those directly related to issuing Federal Financial Aid or Disbursable Scholarships must be handled through the Student Accounts office.c

General Eligibility Requirements
To be eligible for Federal financial aid, a student must:

possess a high school diploma or equivalent
be a degree or eligible certificate seeking
be a citizen or eligible non-citizen of the United States
be enrolled in courses that qualify for financial aid (audited classes and repeats beyond a second attempt do not qualify)
no enrollment holds
be enrolled in at least six credit hours to maintain Federal loan eligibility
complete a Free Application for Federal Student Aid for each school year
maintain Satisfactory Academic Progress
not be receiving Federal aid from more than one school at a time

Grants
The Federal Government funds the Federal Pell Grants (PELL), which does not have to be repaid assuming course completion. The PELL program is designed for undergraduates who do not have a Bachelor’s degree. Eligibility is based on need. A federal funding formula determines the amount of the PELL grant, the student’s cost of attendance, and the number of credit hours in which the student enrolls each term. PELL grants are available to students who meet all eligibility requirements and are enrolled in an eligible program.

Campus-Based Aid
Federal Work-Study (FWS) provides employment opportunities that enable students to earn money to help fund their education. FWS offers are based on documented need and availability of funds. This program encourages community service employment and work related to the student’s course of study. Students should seek employment that complements and reinforces their educational and vocational career goals. FWS salaries will be at least the Federal minimum wage, paid twice a month, and will not
exceed the amount listed in the Financial Aid Offer.

Federal Supplemental Educational Opportunity Grants (FSEOG) are grants funded by the Federal Government and CCC. Eligibility is based on need and availability of funds. FWS and FSEOG are campus-based, and therefore limited funds are available.

Loans
CCC offers Federal Stafford Loans. Loan eligibility is allocated based on the student’s cost of attendance. Loans must be repaid upon completion of the student’s program when the student ceases to attend at least half-time (6) credit hours or if the student withdraws from school.

The Federal Direct Subsidized Stafford Loan is offered according to need. First-year students may qualify for up to $3500, and second-year students may qualify for up to $4500. Because these loans are subsidized, the U.S. Department of Education pays interest on the loan while the student is in school and during grace periods. Students must attend at least half-time (6 credits) and have a demonstrated financial need to qualify. The interest rate is fixed (set annually) for new borrowers. It begins accruing after the six-month grace period immediately following graduation, completion, withdrawal, or less-than-half-time status.

The Federal Direct Unsubsidized Stafford Loan is not need-based, and the borrower is responsible for all interest. A dependent first-year student may be eligible to borrow up to $5500 less any subsidized amounts received in the same period. A first-year independent student may be eligible to receive up to $9500 less any subsidized payments received for the same period. Students must be attending at least half-time (6 credits). The interest rate is fixed and set annually for new borrowers. Interest charges begin immediately upon disbursement.

The Direct Plus loan is not need-based and is designed for parents of dependent
undergraduate students who must be enrolled at least half-time (6 credits). The maximum amount a parent may borrow is the cost of attendance minus any other financial aid the student receives. The interest rate is fixed and set annually for new borrowers. Interest charges begin immediately upon disbursement. Additionally, PLUS loans require the parent to apply and undergo a credit check facilitated by the Department of Education. CCC Financial Aid does not make the final eligibility determination.