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Financial Assistance

A Variety of Options

At National College, we recognize the fact that many students need some type of financial assistance in order to make this initial investment in their futures.

To help meet these needs, National College funded awards of more than $1.8 Million, distributed among more than 2700 students, in award year 2010-2011.

Admissions Financial Assistance

Solutions Tailored to the Individual Student

To ensure that qualified and deserving applicants are given adequate financial assistance, our student services representatives sit down individually with prospective students to identify available sources of financial assistance; some through the federal or state government and others through the college. Our student services representatives are committed to supplying you with possible solutions for your funding needs.

Before meeting with a student services representative, be sure to fill out a Free Application for Federal Student Aid (FAFSA) online at: http://www.fafsa.ed.gov. For more information, see our Admissions Page or call your student services representative at 888-956-2732.

Use the U.S. Department of Education's Net Price Calculator to estimate academic costs at our institution.

Net Price Calculator

College-Funded Financial Aid

National College Opportunity Grant

The Opportunity Grant is awarded and funded by National College. It is designed to match outside grant and scholarship funds provided by defined social, local, and civic organizations. An Opportunity Grant Calculation Form will be completed by the Student Services staff for eligible students.

A Public-Private Partnership - Workforce Development Grant

This program, exclusive to National College, provides matching funds to many federal, state, and local workforce development and worker retraining programs. Over the past decade, National has provided more than $3.5 million in matching funds to over 1,300 students. Up to $7,500 per year may be awarded through this grant to supplement programs such as the Workforce Investment Act, Trade Adjustment Act, Vocational Rehabilitation, and similar programs.

Distinction in General Studies Grant

The Distinction in General Studies Grant is designed to recognize high student achievement in the area of General Education coursework.

Eligibility: Ohio students enrolled in an associate degree program will take an assessment to measure their General Education knowledge in their last term before graduation. Students that achieve a high score on this assessment will be awarded this grant in the amount of $100.

Helping Companies Invest in their Employees - Business Partnership Grant

Another program unique to National College, the Business Partnership Grant, supplements employer-provided tuition assistance to qualified students. National College will match up to $1 for every $2 that your employer provides in tuition reimbursement funds, limited to the amount of unpaid tuition costs. The college allocates up to $2 million per academic year for this grant.

Work Study

National College offers an institutional work-study program which provides employment opportunities for students to help finance their educations. Whenever possible, work study employment is designed to improve students' business skills and to provide experience for the business specialization in which they are enrolled.

Tuition Payment Plan

Any student who enrolls in the payment plan will have the option to make three payments each term. The first will be made on or before the first day of class, the second will be made on or before the 1st of the next month, and the final will be made on or before the 1st of the 3rd month.

 

Federal Financial Assistance

Funding Your Education 2015-16

Click here for 2015-16 Financial Aid Information from the Department of Education.

Do You Need Money for College 2016-17

Click here for 2016-17 Financial Aid Information from the Department of Education.


Federal Pell Grant

This program was established for undergraduate students who have not completed a first baccalaureate degree. Eligibility is determined according to a formula established by the federal government. Eligible students who attend less than full-time may also be eligible to receive a reduced award.

Federal Supplemental Educational Opportunity Grant (SEOG)

The Federal Supplemental Educational Opportunity Grant (FSEOG) program is for undergraduates with exceptional financial need. Pell Grant recipients with the lowest expected family contributions (EFCs) will be considered first for a FSEOG. Just like Pell Grants, the FSEOG does not have to be repaid. For more information, visit the Federal Supplemental Educational Opportunity Grant website.

Federal Work Study Program

This program provides part-time employment for students with financial need. Jobs may be provided on or off campus, with work schedules determined by the employer. Work schedules may not conflict with students' class schedules. Employment under this program is dependent on the availability of federal funds.

Direct Subsided & Unsubsidized Loans

These loans are made available to students attending college on at least a half-time basis through the William D. Ford Federal Direct Loan Program. Within these programs there are two types of loans: subsidized loans (those subsidized by the federal government) and unsubsidized loans. A student may qualify for one or both, depending upon eligibility. Repayment is made in installments, generally beginning six months after a student leaves school or from the point his or her enrollment status falls below half time. The federal government pays interest on the subsidized loan until repayment begins and during authorized periods of deferment. Students with unsubsidized loans are charged interest from the time the loan is disbursed until it is paid back in full.

Direct PLUS Loans

PLUS Loans are available to the parents of dependent students and to students pursuing graduate degrees. This loan program is available for students attending college on at least a half-time basis through the William D. Ford Federal Direct Loan Program. This is an unsubsidized loan program. Repayment is made in installments beginning upon the final disbursement within the first loan period. Interest is charged from the time of disbursement until the loan is paid in full.

Federal Perkins Loans

This program was established to provide a low interest loan for undergraduate and graduate students with financial need, whether full-time or part-time. Interest begins to accrue when repayment begins, nine months after a student leaves school.

The Iraq and Afghanistan Service Grant

This program was established for non-Pell eligible children of military personnel killed as a result of service in Iraq or Afghanistan after Sept. 11, 2001. To qualify, the student must have been less than 24 years of age or enrolled at least part-time at an institution of higher education at the time of the death of their parent or guardian. Payments are adjusted for students enrolled on a less than full-time basis.

Additional information regarding the federal aid programs is available in the college Catalog or in the Financial Planning Office at each campus location.

 

Private Grants and Scholarships

Imagine America

The Imagine America Adult skills Education Scholarship is designed to assist working adults seeking higher education at a career college by providing additional financial support.

Application: Students who meet the eligibility criteria apply online at www.imagine-america.org

Eligibility: Student must be a US citizen or permanent resident at least 19 years of age. The student must be enrolled full time. They cannot be a previous recipient of any other Imagine America Foundation scholarship/award. As part of the application process the student must complete NCCT Educational Success Potential Assessment and complete Financial Planning Made Simple.

Award:If eligibility is established, the scholarship will be awarded in the amount of $1,000 disbursed between the students first academic year and will only pay up to the cost of education. This is a one-time award per student.

Scholarships for Education