Types of Aid | Financial Aid | Nevada State College

Types of AID

HomeFinancial AidTypes of AID

College can BE AFFORDABLE! More than 68 percent of our students receive financial aid, including scholarships, grants, work-study, and loans.

Nevada State College students may be eligible to receive assistance paying for financial aid-eligible coursework† through one or more of the following financial aid programs.

GRANTS


Grants are awarded to students based on financial need, as determined by the Free Application for Federal Student Aid (fafsa.gov) or NSC's Non-Federal Aid Application and usually do not need to be repaid. Grants may be used to pay for tuition and fees, books and supplies, transportation and other expenses related to attending college. The following grant programs are currently available to eligible NSC students.

Federal Pell Grant - This grant is available to students pursuing their first bachelor's degree at Nevada State College who demonstrate a high level of need according to the results of the FAFSA. The amount awarded for each semester depends on a student's financial need, costs to attend school, and number of credits taken. Students may receive a Pell Grant for up to two full-time semesters per academic year, with a lifetime maximum of 12 full-time semesters.

Federal Supplemental Education Opportunity Grant - The FSEOG Program provides need-based grants to help low-income undergraduate students finance the costs of postsecondary education. When making FSEOG awards, the institution must give priority to those students with exceptional need (those with the lowest Expected Family Contributions, or EFCs, at the institution) and those who are also Federal Pell Grant recipients.

Silver State Opportunity Grant Program - The SSOG Program was established by the Nevada Legislature in 2015 to provide grants to eligible low-income students who are college-ready to assist with funding a portion of the cost of attending a community or state college within the Nevada System of Higher Education (NSHE).  Limited funds are awarded to students enrolled in 15 or more financial aid-eligible credits† in a semester on a first-come, first-served basis according to a formula established by the NSHE Board of Regents.  Students should complete the FAFSA or NSC's Non-Federal Aid Application in order to be considered for this award.

Nevada State Access Grant - Funded from both state and institutional sources, these grants are awarded on a first-come, first-served basis to students demonstrating a high level of need based on their FAFSA application. Award amounts are based both on a student's EFC and number of credits taken in a term.  The priority deadline is January 15, 2019 to be considered for the 2019/20 academic year.

Nevada State College Grant - This institutionally-funded grant is awarded on a first-come, first-served basis to students who, although otherwise eligbile to receive federal student aid, are ineligible to receive the Federal Pell Grant, but still demonstrate a high level of need according to their FAFSA applications. Award amounts are based both on a student's EFC and number of credits taken in a term.  The priority deadline is January 15, 2019 to be considered for the 2019/20 academic year.

Nevada State Opportunity Grant - This institutionally-funded grant is awarded to NSC students who are not eligible to apply for any type of Federal Student Aid, but who demonstrate a high level of need according to their FAFSA or Non-Federal Aid Applications. Award amounts are based both on a student's EFC and number of credits taken in a term.

SCHOLARSHIPS


Each year, the Nevada State College Foundation awards a number of scholarships made possible through donations to NSC. Additionally, many NSC students receive scholarships from sources outside of the College. Click here for information on how to apply for these awards.

STUDENT EMPLOYMENT


NSC's Student Employment Program provides opportunities for eligible students to work part-time in positions across campus and in the community. In order to be considered for a student employment position, students should first complete the Free Application for Federal Student Aid at fafsa.gov, then apply for open student positions through jobs.nsc.edu. In order to qualify, students must be enrolled as a degree-seeking student in the current or upcoming term, maintain a cumulative NSC GPA of 2.0 or above, and be eligible for employment in the USA. Students may not exceed 19.5 hours of work per week, and are paid twice per month. Funding is provided by both the institution and the Federal Work-Study program.

FEDERAL LOANS


When you complete the Free Application for Federal Student Aid at fafsa.gov, you may be offered Federal Direct Loans as a part of your award offer package. Remember that you must repay the full amount of the loan plus interest to the U.S. Department of Education beginning six months after you graduate, or stop attending school at least half-time.

ELIGIBILITY CRITERIA

To be eligible for a Federal Direct Loan a student must:

  1. be a U.S. citizen or permanent resident alien;
  2. be taking at least six financial aid-eligible credit† hours and be matriculated in a degree or certificate program;
  3. not owe any refunds on a Pell Grant or other awards received and not be in default on repayment on any type of student loan.
MAXIMUM LOAN AMOUNTS

Dependent Student - A first year Dependent student (parent information is required on the FAFSA), with less than 30 earned or transfer credits, may borrow up to $5,500 per year with a maximum of $3,500 of that amount being in a subsidized loan. Second year dependent students, with at least 30 earned or transfer credits, may borrow up to a maximum of $6,500 per year with a maximum of $4,500 of that amount in a subsidized loan. Third year and beyond dependent students, with at least 60 earned or transfer credits, may borrow up to a maximum of $7,500 per year with a maximum of $5,500 in subsidized loans. A dependent undergraduate student may only borrow up to an aggregate limit of $31,000.

Independent Student - Independent students (parent information is not required on the FAFSA) may have up to an additional $4,000 in unsubsidized loans per year. A first year independent student, with less than 30 earned or transfer credits, may be eligible to borrow up to $9,500 per year with a maximum of $3,500 of that amount being in a subsidized loan. Second year independent students, with at least 30 earned or transfer credits, may be eligible to borrow up to $10,500 per year with a maximum of $4,500 in a subsidized loan. Third year and beyond independent students, with at least 60 earned or transfer credits, may be eligible to borrow up to $12,500 per year with a maximum of $5,500 in a subsidized loan. An independent undergraduate student may only borrow up to an aggregate limit of $57,500.

PRIVATE LOANS


If you are unable to borrow Federal Direct Loans [anchor to Federal Direct Loan header], you may be able to obtain a credit-based loan from a private student loan lender.   Because these loans are not regulated by the U.S. Department of Education, it is up to you to  research and understand the terms for borrowing and repayment.  We’ve partnered with FASTChoice to provide you with a list of lenders that Nevada State students have borrowed from in the past, along with the ability to compare the terms of these loans.

FINANCIAL AID ELIGIBLE CREDITS

† In order to qualify for any financial aid funding, including grants, scholarships or loans, a course must fulfill an unmet requirement for a student's degree or certificate program at NSC.

Back to top
Get Info
Contact Us