Community College of Vermont (CCV) is committed to providing accessible and affordable higher education to all students, regardless of their financial circumstances. To this end, CCV offers a comprehensive range of financial aid options to help students cover the costs of tuition, fees, books, and living expenses.
Types of Financial Aid
CCV students may be eligible for a variety of financial aid awards, including:
- Grants – Free money that does not need to be repaid, awarded based on financial need
- Scholarships – Free money that does not need to be repaid, awarded based on merit or specific criteria
- Loans – Money that must be repaid with interest, typically awarded based on financial need
- Work-Study – Part-time employment on campus to earn money to help pay for college
Eligibility for Financial Aid
To be eligible for financial aid at CCV, students must:
- Be a U.S. citizen or eligible non-citizen
- Be enrolled in a degree- or certificate-granting program
- Maintain satisfactory academic progress
- Not be in default on any previous student loans
Applying for Financial Aid
Students must complete the Free Application for Federal Student Aid (FAFSA) to apply for financial aid at CCV. The FAFSA is available online at fafsa.gov.
Estimated Cost of Attendance
The estimated cost of attendance at CCV for the 2023-2024 academic year is as follows:
| Category | In-State | Out-of-State |
|---|---|---|
| Tuition and Fees | $3,130 | $9,390 |
| Books and Supplies | $1,000 | $1,000 |
| Room and Board | $10,000 | $12,000 |
| Other Expenses | $2,000 | $2,000 |
Financial Aid Awarding Process
CCV awards financial aid based on the information provided on the FAFSA. Students are typically notified of their financial aid award by the end of March.
Financial Aid Disbursement
Financial aid is disbursed to students in two equal installments, one at the beginning of the fall semester and one at the beginning of the spring semester.
Repayment of Loans
Students who borrow loans to pay for college must begin repaying those loans after they graduate or leave school. The U.S. Department of Education provides a variety of repayment options to help borrowers manage their loan payments.
Additional Financial Aid Resources
In addition to the financial aid options offered by CCV, students may also be eligible for financial assistance from the following sources:
- State grants
- Private scholarships
- Employer tuition assistance
Conclusion
CCV is committed to providing students with the financial resources they need to succeed in college. By offering a comprehensive range of financial aid options, CCV helps to make higher education affordable for all students.
Appendix
Table 1: Types of Financial Aid
| Type of Aid | Description |
|---|---|
| Grants | Free money that does not need to be repaid |
| Scholarships | Free money that does not need to be repaid, awarded based on merit or specific criteria |
| Loans | Money that must be repaid with interest, typically awarded based on financial need |
| Work-Study | Part-time employment on campus to earn money to help pay for college |
Table 2: Eligibility for Financial Aid
| Requirement | Description |
|---|---|
| U.S. citizenship or eligible non-citizen status | Must be a U.S. citizen or eligible non-citizen, such as a permanent resident or refugee |
| Enrollment status | Must be enrolled in a degree- or certificate-granting program |
| Satisfactory academic progress | Must maintain a cumulative GPA of 2.0 or higher |
| No default on student loans | Must not be in default on any previous student loans |
Table 3: Estimated Cost of Attendance
| Category | In-State | Out-of-State |
|---|---|---|
| Tuition and Fees | $3,130 | $9,390 |
| Books and Supplies | $1,000 | $1,000 |
| Room and Board | $10,000 | $12,000 |
| Other Expenses | $2,000 | $2,000 |
Table 4: Financial Aid Awarding Process
| Step | Description |
|---|---|
| Complete the FAFSA | Submit the Free Application for Federal Student Aid (FAFSA) to apply for financial aid |
| Receive financial aid award | Be notified of your financial aid award by the end of March |
| Accept or decline financial aid | Choose to accept or decline the financial aid offered |
| Financial aid is disbursed | Receive the financial aid funds in two equal installments, one at the beginning of the fall semester and one at the beginning of the spring semester |