Types of Aid
WCC has awarded approximately $2.5 million in grants, scholarships, loans and work study aid.
Federal Pell Grants
A federal program for low-income families. Eligibility is calculated by the federal student aid processing center and the results, called a student aid report (SAR), are sent directly to students.
Federal Supplemental Educational Opportunity Grant (SEOG)
A federal grant administered by the college available to students with high financial need.
NC Community College Grant (NCCCG)
A state grant program administered by College Foundation, Inc. Eligibility is determined based on the same criteria as the Federal Pell Grant. Students not eligible for the Federal Pell Grant may be considered for this grant based upon their estimated family contributions as determined on the SAR. Eligible students are notified by letter by the Financial Aid Office.
Federal College Work-Study (CWS)
Provides part-time employment to students based on their financial need. Students work in an area related to their program of study whenever possible.
Federal Stafford Loans
Loans of up to $3,500 for first year; $4,500 for second year are available. For students demonstrating financial need, the federal government will "subsidize" or pay the interest on these loans while the students are in school or in deferment. Contact the Financial Aid Office for the application and additional information.
Alternative Student Loans
Loans of up to $4,000 can be obtained by lenders who approve educational loans not based on family income or financial need. Contact the Financial Aid Office for the application and additional information.
Scholarships are awarded on the basis of academic ability, financial need, and other requirements set by the scholarship donor. Award amounts vary from $100 to $1,500 per semester. An institutional scholarship application is required. The scholarship application deadline is February 1 for new students and April 1 for returning students. For more information about scholarships, including scholarship searches over the internet, contact the Director of Financial Aid.
09/13/12