|Contact Financial Aid||Useful Financial Aid Links|
|Toll-Free: 888.634.9350 ext. 4695||Academic Progress Policy||Current Tuition||e-Cashier Payments|
|Fax: 785.460.4691||FAQs||Federal Work-Study||Net Price Calculator|
|Email: email@example.com||Refund Policy||Scholarships||Veterans|
|Veterans: 785.460.4677||Federal Return of Title IV Funds Policy|
A college education is among the most valuable investments a person can make. Many of our students rely on financial aid to help with the expenses of a college education. Our staff can assist you in filling out the Free Application for Federal Student Aid (FAFSA), accessing financial aid records and discussing your personal financial situation with you.
To be considered, you must complete a FAFSA form, which is available every year starting in January.
- For your convenience, follow our Financial Aid Application Checklist.
Types of Financial Aid
Federal Work StudyWork-study funds are derived from Federal contributions and college funds. They are limited and many more students have eligibility than can be paid a reasonable amount if placed in work positions. Students must have financial aid need as measured by the FAFSA and Federal Methodology. Read more information on work-study positions at CCC.
- The Perkins Loan is based on need and is available in varied amounts per year at CCC. This loan must be repaid. Interest does not accrue until nine months after the student completes his/her program or is taking less than six credit hours.
- The Subsidized Stafford Loan is based on need. First year students may apply for as much as $2,625. The Subsidized Stafford loan must be repaid.
- The Unsubsidized Stafford Loan is for students who do not demonstrate financial need through the FAFSA application process or for independent students who require additional funding. The loan must be repaid and interest accrues.
- The Parent Loan (PLUS) is for dependent students. The loan is taken out in the parent's name. It must be repaid in monthly payments beginning 60 days after full disbursement and interest accrues from date of disbursement.
Scholarships are cash awards for academic or other merit and potential. They do not have to be repaid and CCC offers several options. You can apply for all of them at the same time using our scholarship application. Other scholarship opportunities are available from various ethnic, service and community organizations.
Satisfactory Academic Progress Policy
The U.S. Department of Education requires Colby Community College to define and administer Satisfactory Academic Progress (SAP) standards for students receiving Title IV Federal Financial Aid. Students receiving Federal Pell Grants, Federal Supplemental Educational Opportunity Grants, Federal Work Study, any W.D. Ford Direct Loan Programs, and/or any other Federal or state aid must meet the following standards to ensure that only those students demonstrating satisfactory academic progress toward the completion of their educational programs continue to receive financial aid.
The standards of Satisfactory Academic Progress measure a student’s performance in three areas: cumulative completion rate, cumulative grade point average, and maximum time frame. Satisfactory Academic Progress will be measured at the end of every payment period. Notification of failure to maintain satisfactory academic progress will be mailed to the student’s permanent address at that time.
A student must also maintain a 2.0 cumulative grade point average. A student failing to meet the cumulative GPA standard will be placed on warning for the following payment period for which the student is enrolled. A subsequent payment period of unsatisfactory progress will result in suspension.
Online Financial Aid Resources
The Federal Government and many other organizations have sites on the World Wide Web with a wealth of information and services. Below are listed a few of the best.