Cabarrus College :: Financial Information

Federal and State Grants

Funds awarded to the student under these categories do not have to be repaid. Sources of grant funds are the Federal Government and the state of North Carolina. Grants are usually awarded to students who demonstrate the greatest financial need.

Federal Grants

-	Federal Pell Grants: Grants awarded to eligible undergraduate students who have not earned a bachelor's or professional degree. Eligibility is based on the FAFSA results, need and credit hours enrolled. The federal government limits the total semesters a student can receive a Federal Pell Grant.
-	Federal Supplemental Educational Opportunity Grant (FSEOG): Grants for undergraduates with exceptional financial need; that is, students with the lowest expected family contributions with priority given to students who receive Federal Pell Grants. FSEOG is also a need-based grant that does not have to be repaid.

North Carolina Grants

The award amounts are determined by the North Carolina General Assembly and are subject to change based on available funds.

North Carolina Need Based Scholarship program. Eligibility for this program is based on financial need as determined by a current FAFSA form. Students must be North Carolina residents as determined by the financial aid office. Students who already have a previous Bachelor's degree will not be eligible for this funding.

Eligible students enrolled in 12 credit hours or more will receive the full award amount, students enrolled in 9-11 credit hours will receive Â½ of the full award amount. Only program required credit hours may be counted. Students who have exceeded the 600% Pell rule are not eligible for this scholarship. This scholarship is only available for Fall and Spring semesters.