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Financial
Aid |
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check out
the Financial Aid notice ***
ANC's Financial Aid Office
strives to meet student needs. Aid programs
include federal grants, loans, and work-study programs,
state grants and scholarships, and institutional and
private scholarships. ANC is committed to
providing access to higher education through established
financial aid programs and deferred payment plans.
ANC acknowledge that
providing an educational opportunity for all interested
citizens implies an attempt to provide financial
assistance to eligible applicants. Forms of
financial aid available include:
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scholarships
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grants
-
loans
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college work-study
The primary responsibility
for financing a college education rests with the student
and the student's family. Consequently, in
determining a student's financial need, consideration is
given to the amount of money the student and his/her
family is expected to contribute to the student's
education, and the cost of attending college.
The following criteria are used to determine student
eligibility for most financial aid programs available at
the College.
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Financial need as
determined by the Department of Education
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Be admitted as a
regular student as defined in the Arkansas
Northeastern catalog
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Be enrolled in a
technical certificate or degree program
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Make satisfactory
academic progress as defined in the Satisfactory
Academic Progress Statement below
Satisfactory Academic Progress Statement |
These regulations apply
to the determinations of whether a student is maintaining satisfactory
progress for the receipt of any Title IV student financial assistance
programs at Arkansas Northeastern College.
To receive financial
assistance under the Title IV programs at Arkansas Northeastern College, a student must be determined to be a regular student and
enrolled in an eligible program. The term "regular
student" is defined in the regulations as a person who enrolls in
an eligible program at an institution of higher education for the
purpose of obtaining a degree, certificate, or in a transfer program.
In addition, Arkansas Northeastern College defines a regular
student as a student who is accepted in one of the following admission
categories: unconditional first admission, conditional first
admission, readmission, ability to benefit, and
transfer.
Federal regulations
governing the Title IV Student Financial Aid programs
including Federal Pell Grant, Federal Supplemental Educational Opportunity
Grant, Federal Work Study, Arkansas Student Assistance Grant, and the Federal Stafford Loan Program, require institution to
measure a student's progress toward a degree or certificate program.
Students must complete requirements for a degree within a reasonable
length of time, maintain a minimum cumulative grade point average, and
a minimum cumulative completion rate as determined by
the institution. For more information on the
satisfactory academic progress policy as it applies to
Title IV recipients, please refer to the Student and
Financial Aid Handbook. Copies are available in
the Student Financial Aid Office and provided to each
student during each registration period.
Scholarships Available |
Check out the
ANC Foundation's scholarship page for available
scholarships.
How to Apply
for Financial Aid |
To apply for financial aid,
the student my:
Students should apply for
financial aid well in advance of the beginning of the
semester since processing the application usually
requires four to six weeks. Admissions Counselors
can assist in
electronically filing the Free Application for Federal
Student Aid (FAFSA) and reduce the usual processing
time in half. Applications received after April 15
will be considered only if campus based funds are still
available.
Federal Pell Grant
The largest federal student
aid program is the Federal Pell Grant Program. Its
purpose is to ensure that all eligible students have
some financial resources necessary to continue their
education. The amount of Federal Pell Grant
received depends on the student's financial need, the
cost of attendance, the number of hours
enrolled/completed, and the actual time frame he or she
is enrolled during the school year. A Federal Pell
Grant is often combined with other types of aid.
For more information, students are encouraged to contact
the Financial Aid Office at 870.762.3103.
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