Title IV Federal Student Aid

NCC participates in the Federal Pell Grant Program and Direct Loan Program. The Federal Loan Program consists of Unsubsidized Stafford Loans, Subsidized Stafford Loans and PLUS Loans. A Student Guide written by the U.S. Department of Education outlining how students can apply for aid, how eligibility is determined, the rights and responsibilities of students receiving aid, how financial aid is dispersed and the terms of the repayment of loans is available online at studentloans.gov.

Awarding of Title IV Aid

Student eligibility for the receipt of Title IV funds will be assessed based on the information provided by the student on their Free Application for Federal Student Aid (FAFSA). The amount of a student’s Pell Grant is determined by calculating his or her expected family contribution (EFC). All loan packaging is done by the Financial Aid Officer

Verification Policy

All students selected for verification will be expected to bring a copy of all requested supporting documentation to the Financial Aid Officer after completing their FAFSA. These students will also be expected to fill out a Verification Worksheet. The selection of students for verification is done randomly by the Federal Government, and NCC takes no part in determining which students will be chosen for verification.

Disbursement Schedule

Student Financial Aid will be disbursed according to the Disbursement Schedules distributed during the Financial Aid Intake process. Please note, the disbursement schedule is estimated and assumes no delays in the loan document signing process or changes in a student’s academic schedule. Actual disbursement dates may vary. Students should contact a Financial Aid Officer if they need assistance locating or interpreting the contents of the Disbursement Schedule

Return of Title IV Funds Policy

NCC follows the Department of Education policy regarding the return of Title IV funds. We use the Return to Title IV (R2T4) worksheet provided by the Federal Government to determine what monies the student has earned. If a student withdraws or is administratively withdrawn prior to completing their program, then a Return to Title IV will be calculated per the refund form provided by the Federal Government

When any student receiving Title IV funds withdraws or is administratively withdrawn from a program, the Institution requests that the student schedule a time to meet with both the Registrar and Financial Aid Officer. Students will sign a withdrawal notice or receive their administrative withdrawal letter with the Registrar. The student’s last date of attendance will be determined at this time so that the Financial Aid Officer can complete an R2T4 worksheet. The student will automatically receive digital instructions on how to complete their Exit Counseling upon finalization of their withdrawal status. Upon completion of the status change, a representative from the Finance Department will complete a NCC Refund Calculation. Upon completion of this calculation, an email is sent to the student providing details on the calculation and steps on how to access any refund calculation information.

NCC will return all funds that are owed to the Federal Government based on the R2T4 calculation within 45 days of the student’s withdrawal or administrative withdrawal date. NCC will return all funds owed to the student within 15 days of the student’s withdrawal or administrative withdrawal date.

School Catalogs

Title IV Federal Student Aid