Federal Pell Grant Program
The Pell Grant is the Federal Government’s largest aid program and is awarded to students who have not earned a bachelor’s degree, demonstrate financial need, and meet the federal eligibility requirements. Pell Grants do not have to be repaid as long as the student attends his or her classes for the enrollment period. Students may apply for this grant by completing the Free Application for Federal Student Aid.
Once you have received Pell Grant for 12 full-time semesters, or the equivalent, you will no longer be eligible for additional Pell Grants. This loss of Pell Grant eligibility is not appealable.
If student is attending less than 12 credit hours, Pell award will be reduced according to the number of hours attending.
Federal Supplemental Educational Opportunity Grant (FSEOG)
The Federal Supplemental Educational Opportunity Grant (FSEOG) program awards grants to students who demonstrate the most need. Priority is given to Pell Grant recipients. This grant does not have to be repaid.
North Carolina Community College Grant
The North Carolina Community College Grant is a need-based grant established to help meet the educational costs of NC residents attending community colleges. The student must be a NC resident, be enrolled at least half-time (6 credit hours), be enrolled in an eligible curriculum program, must be meeting the Satisfactory Academic Progress requirements and must be meeting the Federal Pell eligibility requirements (except for the EFC requirement). This award will be adjusted according to the number of credit hours attended. This grant does not have to be repaid. To qualify, a student must complete the FAFSA by the published deadline and list a NC Community College as one of the top three choices of institutions. Annual awards will be made based on student’s established need and enrollment status. Students enrolled in 15 or more credit hours will receive the full-time award amount. Students enrolled in less that 15 hours will receive reduced aid.
North Carolina Education Lottery Scholarship
The North Carolina Education Lottery Scholarship program provides financial assistance to needy North Carolina students attending eligible colleges and universities located within the state of North Carolina. An applicant must 1) be a North Carolina resident for tuition purposes; 2) meet all eligibility requirements for a Federal Pell grant, (EFC requirement); and 3) enroll for at least six credit hours per semester as an undergraduate student in a degree, certificate or diploma program. Award amounts vary according to information that is generated from the FAFSA; award amounts will be prorated for recipients enrolled less than full-time.
Federal Work Study Program
The Federal Work Study Program provides jobs for students who demonstrate financial need. Students may generally work up to 20 hours per week, depending on the amount of work study funds awarded for the academic year. Students are paid minimum wage per hour and receive wages on the last day of the month. Work Study jobs are available in many academic and administrative departments on campus. Applicants are interviewed prior to job placement where job requirements and individual responsibility for job performance are stressed. Weekly time is submitted online through TimeClock Plus.
Jim Wrenn Emergency Loan Fund
Craven Community College has been given funds over the years to use as educational loans for students in emergency situations. A student must be, or have the intent to be, enrolled at least half-time in a degree, certificate, or diploma program. A student cannot be admitted as special or provisional. Borrowers must have a cumulative grade point average of no less than a 2.0 or have a cumulative 2.0 average from high school or other colleges attended. The borrower must sign a promissory note and make satisfactory arrangements with the financial aid office for repayment. This is a short-term loan (90 days or less) and must be repaid before the student can register for a subsequent term.
Child Care Program
Childcare applications will be available July 1. Financial Aid will accept applications two months prior to the beginning of the fall and spring semesters.
The North Carolina General Assembly appropriates funds for child care services for student parents in community colleges. This is approved for one semester at the time. Single parents receive first priority. Applicants must have demonstrated financial need, be enrolled at least half time in a college transfer, technical or vocational degree or diploma program at Craven Community College and be willing to complete a FAFSA. Applicants must not be receiving child care funds from the Department of Social Services. Child care must be provided by a legal child care provider. Interested students must complete a Child Care Program application and submit a copy of their notification from the Department of Social Services, documenting their application status. Students must also maintain Satisfactory Academic Progress according to Craven Community College.
Applicants will be notified by email if awarded, to schedule an appointment with the Child Care Coordinator to review the award and sign the agreement forms.
If you have any questions or concerns, please contact financial aid at (252)638-7211.
Receiving Your Aid
Students who have completed the financial aid process and are eligible for financial assistance will be able to view their Award Letter on WebAdvisor. The award letter will indicate the types and amounts of aid for which the student is eligible. Pell award will be adjusted according to the number of credit hours attending; i.e. three-fourths time (9-11 hours), half-time (6-8 hours) and less than half-time (1-5 hours). Make sure your preferred method of disbursement has been selected on RefundSelection.com. You can find more information on the refund process on BankMobile’s website or by contacting the Student Accounts Office at (252)638-7268.
Grant refunds will be made through BankMobile according to the dates listed on the financial website under Important Dates.
NOTE: Make sure your address is correct in Student Services.
Students receiving the Pell Grant, the North Carolina Community College Grant (NCCCG) and the North Carolina Education Lottery Scholarship (NCELS) may charge their tuition, fees, and books against their grants during pre-registration and registration.
NOTE: Students will be responsible for any amount owed that aid does not cover. This must be paid by the end of preregistration/registration.
You have to be attending a class in order to receive financial aid for that class. If a student has some classes that begin at the beginning of a term and some classes that begin at a later date (Flex-term and B-Term classes), this can affect a student’s Pell Grant refund at the first published disbursement date.
For example, if a student is enrolled for 5 credit hours in a class that begins the first day of the semester and 2 credit hours for a B-Term class, the student’s Pell Grant will be adjusted to an amount the student is eligible for 5 credit hours for the first published disbursement date of the term. Once B-term begins, the student will be 7 credit hours and the student’s Pell Grant will be adjusted again to include this class.