 he goal of student financial assistance is to provide resources
to students who without such funding would be unable to attend Cabarrus
College of Health Sciences. The College begins with the assumption
that the parents and students have the primary responsibility for
meeting education costs to the extent that they are able, which often
includes sacrifices. A clear understanding of college costs, resources
and related issues may eliminate unnecessary concerns throughout
the student’s college experience.
All students who plan to apply for financial aid must complete the
Free Application for Federal Student Aid (FAFSA) form. In order to
receive maximum consideration for all available financial aid programs,
the FAFSA should be filed by April 15 prior to each academic year
for which a student wishes to be considered for financial aid. Awards
are made and students are notified by June 30.
Most financial aid is awarded on the basis of need. The amount of
an award varies depending upon the student’s demonstrated and
verified financial need. Financial aid will only be awarded to students
who are in compliance with federal and state regulations for receiving
financial aid.
Information provided on the FAFSA and the amount of funds available
for distribution determine the award amount.
- Need is determined by subtracting the resources of the student
and the family's contribution from the total student expenses.
- The total financial aid awarded will never exceed the costs
of attending Cabarrus College of Health Sciences.
- The award may include a combination of funds from scholarships,
grants, loans and student employment.
Financial aid awards from scholarships, grants and loans may be
applied to the cost of attending Cabarrus College of Health Sciences
and are generally credited directly to the student's account. Earnings
from Federal Work Study jobs are paid directly to the student.
Students must comply with the satisfactory academic progress policy
at CCHS to receive federal financial aid funds. The CCHS policy
meets the minimum statutory and regulatory federal requirements
as stated in the Student Financial Aid Handbook.
Qualitative Measure
- 0-60 attempted credit hours requires
minimum GPA of 1.60
- Above 60 attempted
credit hours requires minimum GPA of 2.00
Quantitative Measure
- 67% of total credit hours attempted must be successfully
completed. Hours attempted include transfer hours accepted, hours
for courses
that are repeated, hours from course withdrawals, etc.
- Federal
regulations limit the maximum time frame to no more than
150% of the length of the program as measured in credit
hours
(Example: the ADN program requires 71 credit hours, so 71 hrs
x 150% = 107 credit hours attempted.)
Qualitative Measure
- 0-30 attempted credit hours requires
minimum GPA of 1.60
- Above 30 attempted credit hours requires
minimum GPA of 2.00
Quantitative Measure
- 67% of total credit hours attempted must be successfully completed.
Hours attempted include transfer hours accepted, hours for
courses that are repeated, hours from course withdrawals, etc.
- Federal regulations limit the maximum time frame to no
more than 150% of the length of the program as measured in credit
hours
(Example: the ST-D program requires 39 credit hours, so
39 hrs x 150% = 59 credit hours attempted. )
Qualitative Measure
- All attempted credit hours requires
minimum GPA of 2.00
- Above 30 attempted credit hours requires minimum GPA of 2.00
Quantitative Measure
- 67% of total credit hours attempted must be successfully completed.
Hours attempted include transfer hours accepted, hours for
courses that are repeated, hours from course withdrawals, etc.
- Federal
regulations limit the maximum time frame to no more than
150% of the length of the program as measured in credit
hours
(Example: the BSN program requires 59 credit hours, so 59 hrs
x 150% = 89 credit hours attempted )
Note: Satisfactory academic progress decisions may be appealed by
writing to the Administrative Dean.
Note: Students not meeting both qualitative and quantitative measures
will not be eligible for Federal financial aid until they are able
to re-establish satisfactory academic progress
Cabarrus College of Health Sciences receives financial support
for scholarships from endowed memorial funds, community organizations
and foundations that provide funding for qualified students.
This assistance is applied only to the cost of tuition, fees and
books
for the current academic year. In addition, students may participate
in a number of state and federal programs.
- Louise Harkey Memorial Scholarships
- Dr. John J. & Doris Smerznak Scholarship
- Cathryn M. Bratton, RN, BSN Scholarship
- Mary " Gibby" Lee Scholarship
- G. E. Lentz Scholarship
- Jean Tippett partridge Memorial Scholarship
- Caroline Walker Memorial Scholarship
- Dr. Russel Floyd Scholarship
- Anita A. & Terry L. Brown Scholarship
- Kay Linker Pediatric Nursing Merit Scholarship
- Dr. Linny & Joyce Baker Scholarship
- Dr. & Mrs. Thomas T. Long III Scholarship
- NEMC Volunteers Scholarship
- Lettie Pate Whitehead Scholarship Fund
- Cabarrus County Medical Society Alliance Scholarship
- Cabarrus Rotary Club Scholarship
- Concord Rotary Club Scholarship
- Voiture Forty & Eight Club Scholarship
- Robert Weaver Scholarship (sponsored by Royal Oaks Optimist
Club)
Students should investigate scholarship opportunities available
through their parents' employers, memberships or club affiliations,
churches
or resources accessed via the Internet. Some examples include:
- Concord
Business and Professional Women's Organization
- Foundation for the Carolinas
- The Great 100 Scholarship Program
- North Carolina
League for Nursing
In addition, many occupational groups support students who are interested
in pursuing a career in their field. Some examples include:
- Cabarrus County Medical Assistants
- The American Occupational Therapy Foundation
* Please note: These are only some examples of the many opportunities
available.
North Carolina Legislative Tuition Grant — The State of North Carolina provides a grant to North Carolina residents who have no previous degree and are enrolled three quarter to full-time in a North Carolina private college in a degree program. The amount available to students in 2007-2008 was $1950.00 ($975 for fall and spring semesters). Students eligible for the program are sent the appropriate forms to verify residency and status.
North Carolina State Contractual Scholarship Fund — Funds
for this grant program are made available by the State of North Carolina
to
aid residents of North Carolina. Award amounts vary. Eligibility
for this program is based on state residency and financial need.
North Carolina Student Loan Program for Health Science and
Mathematics — This program is administered by the North Carolina State Education
Assistance authority for North Carolina residents. If unconditionally
accepted into the program, students may borrow up to $3,000 per year
for a maximum loan amount of $6,000 for two years. Eligibility is
based on financial need. Deadline for submitting an application is
June 1. Loan may be repaid through service cancellation.
North Carolina State Student Incentive Grants - Available to North Carolina residents who have substantial financial need.
North Carolina Education Lottery Scholarship - Available to North Carolina residents who meet all eligibility requirements.
North Carolina Nurse Scholars Program (NSP) - A competitive merit scholarship loan program funded by the North Carolina General Assembly. Deadline for submitting an application is May 1. Application available at www.cfnc.org
Nurse Education Scholarship Loan Program (NESLP) - Loan amounts range from $400 to $3,000 per year. Loan may be repaid through service cancellation. Eligibility is based on financial need and loan application approval.
Federal Pell Grants - Grants awarded to eligible undergraduate students who have not earned a bachelor's or professional degree. Eligibility is based on need and credit hours enrolled.
Federal Academic Competitiveness Grant - Grants awarded to recent high school graduates who meet the requirements of the Federal Pell grant and have completed a rigorous High School Program.
Federal Work Study Program - Provides jobs for students with financial need and encourages community service work and/or work related to the student's course of study. The total award depends on level of need and funding level for the College.
Federal Stafford Loans (Subsidized and Unsubsidized) - Lenders in this program provide loans to the student. CCHS adheres to federal guidelines regarding aggregate loan limits. For subsidized loans, interest is paid by the federal government during enrollment. The U.S. Department of Education has issued guidance regarding how student loan borrowers should choose and evaluate Federal Family Education Loan Program (FFELP) lenders. Student loan borrowers may choose from the College's preferred list of lenders or any another lender of choice. Borrowers will want to compare the following aspects of lender services when deciding which lender to choose:
• Ability of lender to service all your loans.
• Interest rates and terms: Although these are very similar for the federal loan programs, some lenders do offer better terms or discounts.
• Loan application processes: Can you apply online? Is instant loan approval offered?
• Repayment plans: some are simple, others complex.
• Benefits for borrowers who pay on time or make loan payments electronically.
• Customer service: Can you reach a live operator quickly to check on the status of your loan during hours convenient for you?
For more information about how to choose a FFELP lender visit www.finaid.org/loans/choosing.phtml .
Federal Supplemental Educational Opportunity Grant (FSEOG) - Grants awarded to eligible undergraduate students who have not earned a bachelor's degree. Eligibility and award amount is based on financial need.
Federal PLUS Loans to Parents - Long-term loans made to parents of dependent students
Hope Scholarship - A tax credit available to eligible students enrolled in the first or second year of an educational program. The maximum amount of the tax credit is $1,500 per year - 100% of the first $1,000 of net tuition and fees paid plus 50% of the next $1,000 of net tuition and fees paid in a tax year.
Lifetime Learning Credit - A tax credit up to $1,000 of total qualified net tuition and related expenses paid during the tax year.
|
