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Frequently Asked Questions – General

 

What is Financial Aid?
There are four main types of financial aid: scholarships, grants, Direct Student Loans, and federal work-study.

Where does a student apply for Financial Aid?
All eligible students must complete the Free Application for Federal Student Aid (FAFSA) on-line at www.fafsa.ed.gov in order to receive financial aid.

Who is eligible for Financial Aid?
In order to be eligible for financial aid, students must meet the following criteria:

·          U.S. citizens or eligible non-citizens.

·          Degree seeking students.

·          Students admitted to a qualified post-baccalaureate or graduate program leading to a degree/certificate.

·          Students who are not in default on any prior student loans; do not owe a repayment on any Title IV financial aid.

·          Students enrolled in the required number of hours for whatever aid program is available.

·          Students who have completed the verification process by submitting all of the requested documents to the Office of Student Financial Aid.

·          A non-citizen, who is a permanent resident, is eligible for financial aid. The student must have the proper documentation, such as, a resident alien card (FAFSA requires this number be listed).

·          Male students between the ages of 18-25 must register with Selective Service at www.sss.gov to receive financial aid.

·          Students who are on a temporary or student visa are not eligible for federal student aid.

Does a student have to apply for financial aid every year?
Yes, financial aid is not automatic and must be reapplied each year by completing a FAFSA @ www.fafsa.ed.gov.

What is a Financial Aid Award?
A Financial Aid Award informs the student and parent of the types and amounts of aid the student will receive for the academic year.

Can I receive financial aid if am not a degree seeking student?
No. Students must be enrolled in a degree seeking program to receive financial aid.

Do I need to be full-time to receive financial aid?
No. Students may be enrolled less than half-time and be eligible for some federal financial aid programs. Awards are processed based on the enrollment status information indicated on the FAFSA. If a student changes enrollment plans, the Office of Student Financial Aid must be notified immediately.

I have a Bachelor Degree. Am I considered a graduate student?
No, only a student who is officially admitted to a graduate program leading to a masters or doctorate degree is a graduate student.

What if I am seeking a second undergraduate degree?
You may be eligible for Federal Direct Loans. If you have a Bachelor Degree and want to receive aid for a second degree, you may wish to consult the Admissions Office to confirm admission in a second degree program. Students seeking a second Bachelor Degree are eligible to receive student loan.

What is cost of attendance?
Cost of Attendance is a budget used in calculating your eligibility for financial aid. It is based on totals of both North Carolina A&T State University costs billed directly to your student account (such as tuition and fees) and estimates of other expenses that you will incur during your attendance at NC A&T State University (such as books, transportation, and miscellaneous needs such as personal items). Please note that the cost of attendance does not reflect a student’s actual charges.

Can a student receive the federal aid at NC A&T State University and another school in the same semester?
No, a student may only receive federal aid at one institution in the same semester.