Federal & State Aid

Types of Aid

There are several types of financial aid available to CCV students including:

• Federal Pell Grants
  
• Maximum Pell 2009-10 - $2675 per semester for full time (12 credits) enrollment
  
• Maximum Pell 2010-11 - $2775 per semester for full time (12 credits) enrollment
  
• Maximum Pell 2012-2013 -$2775 per semester for full time (12 credits)
  
  
• Federal Supplemental Education Opportunity Grants (SEOG) - CCV has limited funds; $500 per semester for full time (12 credits) enrollment.
  
  
• Federal College Work-study Program (CWSP)
  
  
• Vermont Student Assistance Corporation (VSAC) Incentive Grants
  
  
• Federal Direct Loan Programs Stafford
  (GSL), Parent (PLUS), or Unsubsidized Stafford Loans
  
  
• Stafford - Maximum $5500 for first year (under 30 credits) depending on eligiblity; maximum $6500 for second year (30 or more credits) depending on eligibility.
  
  
• Unsubsidized - Maximum depends on enrollment (number of credits) and eligiblity after considering other available financial aid.
  
  
• Parent Loan - Up to the full cost of the education.

All financial aid programs have specific eligibility requirements, application forms, and deadlines. Complete information about financial aid is available in the Student Handbook and from financial aid counselors at each CCV site office.

CCV provides assistance in applying for federal and state financial aid. In doing so, the College complies with all appropriate federal and state regulations pertaining to financial aid. Students who apply for and receive state or federal financial aid assume responsibility for complying with all requirements and regulations.

Students are encouraged to minimize their use of federal and alternative student loans. Federal loans offer lower interest rates and better terms than alternative loans. If you think you need a student loan, please discuss this with your site financial aid coordinator.