GTCC Financial Aid Programs

Federal Pell Grant

Criteria: US citizen or permanent resident enrolled in an eligible program; demonstrate financial need and meet eligibility requirements.

Application: FAFSA
Deadline: End of academic year
Award Amount: Up to $5550 per year (as of 2011-2012)

Federal Supplemental Educational Opportunity Grant (FSEOG)

Criteria: US citizen or permanent resident enrolled in an eligible program; demonstrate financial need and meet eligibility requirements.

Application: FAFSA
Deadline: March 15 (priority)
Award Amount: $500 per year

North Carolina Community College Grant (NCCCG)

Criteria: NC resident; enrolled at least half-time (six credit hours or more); have an Estimated Family Contribution (EFC) figure that falls within a range determined by the state of North Carolina each academic year.

Application: FAFSA
Deadline: End of Spring term
Award Amount: Up to $950.00

North Carolina Education Lottery Scholarship (ELS)

Criteria: NC resident; enrolled at least half-time (six credit hours or more); have an Estimated Family Contribution (EFC) figure that falls within a range determined by the state of North Carolina each academic year.

Application: FAFSA
Deadline: End of Spring term or until funds are depleted
Award Amount: Up to $2,800 per year

Federal Work Study (FWS)

Criteria: US citizen or permanent resident enrolled in an eligible program; demonstrate financial need and meet eligibility requirements.

Application: FAFSA
Deadline: March 15 (priority)
Award Amount: Pays $8.50 an hour.
Students may earn up to their remaining need. Students are paid once a month for work completed.

Federal Direct Subsidized Stafford Loan and Unsubsidized Stafford Loan

Criteria: US citizen or permanent resident enrolled in an eligible program; enrolled at least half time; meet academic requirements; Subsidized loan students must show financial need.

Application: FAFSA and GTCC Loan Application. First time applicants must complete entrance-counseling requirements.
More information

Subsidized

Deadline: End of academic year
Award Amount: The subsidized: up to $3,500-1st year, $4,500-2nd year(33 or more completed credit hours), not to exceed need or cost of attendance.

Unsubsidized

Criteria: Independent student; US citizen or permanent resident enrolled in an eligible program; meet academic requirements; enrolled at least half-time

Application: FAFSA and GTCC Loan Application. New applicants must complete entrance-counseling requirements.
More information

Deadline: End of academic year
Award Amount: up to $2,000 for dependent students and $6,000 for independent students per year not to exceed cost of attendance.

Federal Direct Parent Loan (PLUS)

Criteria: Parents of a dependent student who is a US citizen or permanent resident enrolled in an eligible program; meet academic requirements; enrolled at least half time; the parents must also meet citizenship requirements.

Application: FAFSA and GTCC PLUS Loan Application
Deadline: End of academic year
Award Amount: Cost of attendance minus other financial aid.

Scholarships

Scholarships are available from federal, state, local, and GTCC Sources. They may be based on need, academic performance, or other criteria. Some scholarships are open to all students, while others are open to students in certain program areas, for example, nursing, engineering, or business. The GTCC Scholarship application is the Free Application for Federal Student Aid (FAFSA), and many outside scholarships have their own applications.

Important Facts About Financial Aid

Remember, grants are gift aid. They do not need to be repaid. Work-Study programs require the student to work in order to receive an award. LOANS MUST BE REPAID! Financial aid funds are limited. It is possible that not everyone who qualifies will receive funding from these sources. Early application for financial aid is encouraged.