ESCC offers students a variety of financial aid programs based on financial need, academic record, or a combination of factors. Financial Aid programs include: federal and state grants; short-term loans and work-study opportunities; and scholarships funded by local organizations, individual donors and the Eastern Shore Community College Foundation.
- What types of financial aid are available?
- How do students get started?
- What is financial need and how is it determined?
- What exactly is Expected Family Contribution?
- Can part-time students apply for financial aid programs?
- Do students have to maintain acceptable grade point averages?
- What if students lose their eligibility for financial aid?
- Are there any deadlines for applying for financial aid?
- How do students receive their financial aid money?
- Can anyone at ESCC help me with this?
What types of financial aid are available?
- Grants – Based on financial need; do not have to be paid back unless students officially or unofficially withdraw from all classes
- Scholarships – Based on financial need, academic performance, leadership qualities, community involvement, or a combination.
- Work-Study – Hourly-wage rate employment generally on campus
- Loans – Very limited number of short-term, interest-free loans for unusual and emergency situations primarily for applicants of financial aid and of veterans’ educational benefits.
How do students get started?
Students should apply for federal and state financial aid by submitting an online Free Application for Federal Student Aid (FAFSA) as soon after January 1st as possible. The Title IV code for ESCC is 003748. Also, students should apply for local ESCC Scholarships by completing an ESCC Scholarship Application.
The ESCC Financial Aid Office is happy to assist you with the application process. However, we advise you to make an appointment. Appointments are available on Mondays and Wednesdays. Please call 757.789.1727 to schedule an appointment.
What is financial need and how is it determined?
Financial need is the difference between a student’s educational costs and the amount of money the family is expected to contribute toward those costs.
(COA) Cost of Attendance – (EFC) Estimated Family Contribution = Financial Need
What exactly is Expected Family Contribution?
It is the amount of money a family is expected to contribute towards the student’s Cost of Attendance as determined by information gathered on the FAFSA.
Can part-time students apply for financial aid programs?
Absolutely. Some programs allow students to receive financial aid for less-than-half-time (1 to 5 credits); others require at least full-time (12 or more credits) or half-time (6 to 8 credits) enrollment.
Do students have to maintain acceptable grade point averages?
Most financial aid programs require students to maintain an acceptable grade point average as well as other standards of Satisfactory Academic Progress. (Satisfactory Academic Progress is evaluated at the time an application is received and at the end of each semester.)
What if students lose their eligibility for financial aid?
We strongly recommend meeting with your Academic Advisor prior to the beginning of each semester for which you enroll. Careful class selection coupled with tutoring may help assure you maintain eligibility. However, if you are not successful in meeting the Standards of Satisfactory Academic Progress (SAP) you may appeal. Removal from financial aid does not prevent students from enrolling without financial aid if they are otherwise eligible to continue their enrollment.
Are there any deadlines for applying for financial aid?
Students should fill out the FAFSA on the Web as soon after January 1st as possible. Financial aid files completed by May 1st receive priority consideration for all available financial aid funds.
Applications for local ESCC scholarships have a May (for Fall semester) or December (for Spring semester) deadline each year.
New applications for financial aid must be filed each year!
How do students receive their financial aid money?
Aid recipients are allowed to charge tuition, fees, books, and educational supplies to their financial aid accounts. If the amount of assistance is greater than the charges, a check will be mailed for the balance of their funds approximately 40 days after the “last day to withdraw with a refund” date
Can anyone at ESCC help me with this?
Carole Read, Financial Aid Coordinator, firstname.lastname@example.org, Student Services Room A-15, 757.789.1733
Fax: 757.789.1737; TDD: 757.787.5916
Financial aid counseling, which includes assistance with submitting the FAFSA online, will be available on the following days:
Mondays: 8:30 AM – 12:30 PM and 2:30 PM – 7:00 PM
Wednesdays: 8:30 AM – 12:30 PM and 2:30 PM – 5:00 PM
Appointments are not necessary. Walk-ins are welcome during these times.
If you wish to successfully submit you FAFSA application on a Monday or Wednesday, please make sure you review the steps for Filling Out the FAFSA, specifically the section on “Gathering the Documents You Need“.