Scholarships

Each year CCC awards The President Scholarship, CCC Alumni REACH Scholarship and the Hugh Marshall Scholarship  to our incoming class of new students. Scholarships are intended to reward your accomplishments both in and out of the classroom.  Scholarship recipients are only awarded to those students with a financial need to meet their tuition and fees obligation.

Grants

Federal Pell Grant is a federally administered program, which awards grants to undergraduate students on the basis of exceptional need, who are enrolled for at least 3 credits and have not earned a previous degree.

Federal Supplemental Educational Opportunity Grant (FSEOG) is a Federal grant, administered by the College. FSEOG is awarded to undergraduate students demonstrating exceptional need. Priority is given to full-time Federal Pell Grant recipients.

Loans

Federal Direct Loan Program

Subsidized Loan is a fixed rate loan awarded on the basis of need made directly by the Federal Government. Interest does not accrue while the student is enrolled at least half-time. Repayment begins 6 months after leaving school or enrolling less than half-time with a standard of 10 years to repay. Students must be enrolled as at least a half-time student to be eligible and be enrolled in an undergraduate program of study.

Unsubsidized Loan is a fixed rate, non-need based loan made directly by the Federal Government. This loan is the same as the regular subsidized Direct Loan; with the exception that students must make interest payments while in school and during the grace period or the interest will be capitalized. Students must be enrolled as at least a half-time student to be eligible.

First-time borrowers must complete a Master Promissory Note (MPN) online at studentloans.gov. The MPN is a legal document on which the borrower’s signature represents a promise to repay future disbursed loans.

In addition, Loan Entrance Counseling is required for all first-time Federal Direct Loan borrowers. Entrance Counseling can be completed online at studentloans.gov. During your online Counseling session, you will be informed of your rights and responsibilities as a borrower, and the terms and conditions associated with borrowing through the Federal Student Loan program.

Dependent undergraduate students can borrow up to:

  • $5,500 for freshmen (Maximum subsidized portion, based on need: $3,500)
  • $6,500 for sophomores (Maximum subsidized portion, based on need: $4,500)
  • $7,500 for juniors and seniors (Maximum subsidized portion, based on need: $5,500)

Independent undergraduate students can borrow up to:

  • $9,500 for freshmen (Maximum subsidized portion, based on need: $3,500)
  • $10,500 for sophomores (Maximum subsidized portion, based on need: $4,500)
  • $12,500 for juniors and seniors (Maximum subsidized portion, based on need: $5,500)

Graduate and Professional students can borrow up to:

  • $20,500 in unsubsidized loans

Lifetime Aggregate Limits:

  • Undergraduate Dependent lifetime limit is $31,000 (up to $23,000 may be subsidized)
  • Undergraduate Independent lifetime limit is $57,500 (between subsidized and unsubsidized)
  • Graduate or Professional lifetime limit is $138,500 (up to $65,000 may be subsidized) or $224,000 (for health professions)

VA Benefits

Active Duty Veterans

  • If you served on Active Duty, you might be eligible for education benefits offered by the Department of Veterans Affairs. For example, the Post-9/11 GI Bill provides financial support for educational and housing expenses to individuals with at least 90 days of aggregate service after September 10, 2001, or individuals discharged with a service-connected disability after 30 days. You must have received an honorable discharge to be eligible for the Post-9/11 GI Bill.
  • If you are currently serving in the military, you may be eligible for funding offered through the Department of Defense Tuition Assistance program. Check your eligibility status and the amount for which you qualify with your Service prior to enrolling.
  • If you are the spouse or child of a service member who is serving on active duty Title 10 orders in the paygrades of E1-E5, O1-O2, or W1-W2, you may be eligible for financial assistance from the Department of Defense for education, training, and/or the occupational license and credentials necessary for a portable career.
  • If you are the spouse or child of a service member, you may be eligible for transfer of the service member’s Post-9/11 GI Bill benefits to you.

Federal Aid

The Federal Student Aid Department is now accepting FAFSA applications as early as October 1, 2016. Previously this date was scheduled for January 1. This means that you will not have to wait to include your FAFSA on your tax returns.

Financial Aid Questions?

Contact the office of financial aid by phone at 336-744-0900 ext 200, by email, or in person in the Academic Building.