Financial aid is money to be used in meeting educational expenses. Financial aid awards are based on your individual financial need and eligibility.
Grants (click on "Grants" for more information)
Grants are a type of gift aid and do not have to be paid back. They are usually based on need. Grants can be federally funded or state funded.
Federal Pell Grant
This is a Federal grant awarded to those undergraduate students with the most need. Eligibility is determined by completing the Free Application for Federal Student Aid (FAFSA).
Federal Supplemental Educational Opportunity Grants (SEOG)
Students are eligible for this grant if they meet the March 1st FAFSA deadline and are eligible for a Federal Pell Grant. SEOG awards are made to students who are enrolled for six or more credit hours per semester.
State Grants - West Virginia and Pennsylvania
Must be a resident of West Virginia or Pennsylvania and meet requirements established by each state of residency. Awards are available for Full-Time and Half-Time students.
Work Study is money you earn through a job during college. Students who demonstrate financial need may be eligible to participate in the federal work-study program. Students may be employed in offices, the Learning Resources Centers, on the maintenance staff, etc. Payments at the federal minimum wage rate are made bimonthly according to the hours worked. Students must reapply each academic year for work-study. (for more information contact the Financial Aid Office or your Campus Counselor)
Loans (click on "Loans" for more information)
Money that students and/or parents borrow for college expenses which must be repaid (typically after college). Must complete the FAFSA when applying for student loans.
Federal Perkins Loan
A federal loan awarded to students who show financial need and are registered at least half-time. Repayment begins nine months after leaving school or dropping below half-time status. Interest rate is fixed at 5%.
Federal Direct Loan
A federal loan program that is awarded to students who show financial need and are registered at least half-time. WVNCC participates in the Federal Direct Loan Program which means that students do not need to apply for a Stafford loan through a bank, credit union, or other lender. We process loan applications directly with the federal government and these third-party servicers are not needed. Repayment begins six months after leaving school or dropping below half-time status. A fixed Interest rate is established July 1st of each year for the upcoming aid year.
Direct PLUS Loans
A federal loan program for parents of dependent students who are registered at least half-time. Repayment begins within 60 days after the final loan disbursement each year. A credit check is required.
Scholarships (see catalog for more information)
Gift aid based on academic performance, talent, or achievement. Scholarships are offered by WVNCC and outside resources.