Incentives for college kids to file the Free Application for Federal Student Aid (FAFSA) are on the rise now that the Next NC Scholarship has introduced a big grant that over half of North Carolina households ought to qualify for.
With the Subsequent NC Scholarship, North Carolina residents in households with an annual adjusted gross revenue of $80,000 or much less who’ve filed their FAFSA are eligible for a minimal scholarship of $5,000 a 12 months to attend any establishment within the College of North Carolina System.
Lightening the Load for NC Households
The scholarship combines federal Pell Grants and state-funded monetary support to cowl at the least half of a pupil’s annual tuition and costs, and people with better want are eligible for much more. College students ought to go to Next NC’s website for extra particulars and a full listing of eligibility necessities.
The most effective half? Eligibility necessities are broad, and it’s cash that by no means must be repaid!
The North Carolina State Training Help Authority predicts that 55% of all households in North Carolina would qualify primarily based on the USA Census Bureau’s median North Carolina family revenue of $66,186.
“The Subsequent NC Scholarship is one more instance of how North Carolina is making greater training extra accessible and inexpensive,” mentioned UNC System President Peter Hans. “The Subsequent NC Scholarship supplies cash for school that college students don’t should pay again — an incredible alternative for North Carolinians from all corners of our state.”
Making Spartan Goals Come True
Because the College named first in the state for net cost by the New York Instances, UNC Greensboro is thrilled concerning the influence that the Subsequent NC Scholarship will make on its college students’ monetary support choices and UNCG’s ability to boost students’ social mobility with greater training.
“The Subsequent NC Scholarship is a streamlined and improved alternative for North Carolina college students to obtain state funding to assist them obtain their targets in greater training,” says Joel Lee, associate vice chancellor for enrollment management. “We all know that affordability is essential in in the present day’s panorama, and this program is designed for college kids and households who want somewhat extra help to make that faculty dream a actuality.”
The best way to be Subsequent in Line for Funding
To verify the utmost Spartan college students make the most of grants like Subsequent NC, the UNCG Financial Aid division is able to assist all college students file their FAFSA.
As a result of delayed opening of the brand new FAFSA portal in late December together with the delays in faculties receiving the outcomes, UNCG has pushed its precedence submitting date for the FAFSA till March 1. All college students who file their FAFSA by March 1 will probably be thought-about for a wide range of support together with institutional awards.
Be suggested that the brand new FAFSA is shorter for many candidates, however there are submitting procedures which will look completely different from earlier years. Make the most of help from financial aid representatives, review tips from the experts, and contemplate registering for a webinar on February 15 that may present a guided overview of the brand new submitting course of and reply common questions from the attendees.
Monetary support might be on the market ready in your utility, so don’t delay. Scholarships and grants like Subsequent NC are making the FAFSA submitting effort effectively price your time.
Story by Becky Deakins, College Communications.
Images by Sean Norona, College Communications.
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