Financial aid funds are credited to the student’s account at the beginning of each semester to be applied to eligible education expenses. Eligible students are allowed to charge their tuition and books against their financial aid funds during registration. The financial aid office will verify class attendance for each financial aid student. Once attendance and enrollment status has been verified, the second payment of the award will be released to the student.
A student must be enrolled in an eligible program to receive financial aid. Any classes taken outside of the student’s current program of study will cause adjustments to his/her financial aid award.
A student cannot receive financial aid for classes completed by proficiency examination.
The students must affirm by signature that funds received under the Federal Pell Grant or Federal College Work Study will be used solely for expenses related to attendance at Nash Community College, and that they do not owe a refund to any Title IV federal program. Further, the students must affirm that they will not engage in the unlawful manufacture, distribution, dispensation, possession or use of a controlled substance during the period covered by federal funds.
If a student withdraws from all of his/her classes before the 60 percent point in the enrollment period, he/she will be required to repay a portion of the award to the US Department of Education. The student will need to make arrangements to repay this money back within 45 days from the withdrawal date. The student should understand, as well, that they could possibly become ineligible for financial aid if they do not make arrangements to repay the money back to the US Department of Education.
Financial aid recipients must renew applications each year to be considered for the upcoming academic year as outlined in the “How to Apply for Financial Aid.”