The North Idaho College Financial Aid Office is committed to assisting students in paying for their education while assuming as little debt as possible. Because of this, our office will first determine eligibility for the types of aid that do not require repayment. Below are the minimum requirements to qualify for the two Federal Grants offered at NIC.
Federal Pell Grant
The Federal Pell Grant is a federally-funded grant awarded by the U.S. Department of Education and is based on completion of the Free Application for Federal Student Aid (FAFSA) and the following criteria:
- Awards are based on a student's Estimated Family Contribution (EFC)
- Awards may vary with a maximum of $5,815 for the 2016 - 2017 school year
- Available to undergraduate students who have not earned a bachelor's degree or professional degree
- Awarded to both full and part-time undergraduate students
- Students can receive the Pell Grant for up to 12 full time semesters
- Pell grant amounts are calculated based on enrollment status, Less than halftime, halftime, three-quarter time and full time. For instance, if you are attending full-time, you will receive the full amount of the Pell grant and if you are half-time, you will receive half of your Pell grant for that particular semester.
Your Pell grant amount will be determined by the number of credits in which you are enrolled on the census date/the last day to receive 100% refund. (please see the academic calendar)
Federal Supplemental Educational Opportunity Grant (FSEOG)
The FSEOG is a Federally-funded grant awarded by the NIC Financial Aid Office and based on completion of the FAFSA and the following criteria:
- Awarded to Pell Grant-eligible students who completed the FAFSA prior to or on the specified priority deadline.
- Award amounts vary.
- Available to undergraduate students who have not earned a bachelor's degree or professional degree.
Want more information regarding Grants? Visit StudentAid.gov