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金融援助

重要信息rmation

The FAFSA Has Changed
Passed by Congress in 2020, The FAFSA Simplification Act marks a major overhaul of the processes 和 systems used to award federal student aid (such as the Pell Grant). This overhaul makes significant changes to the Free Application for Federal Student Aid (FAFSA) form, the calculations used to determine eligibility for Federal Aid programs, 和 even the terminology we use to explain it all.  Bear with us as we work to implement all the changes, learn the new processes, 和 communicate them with students, 父母, 和合作伙伴.  It is a whole new world for 金融援助 Offices everywhere.

Federal Student Aid (FSA) has provided several quick videos to help explain these changes, you can watch those here: http://www.youtube.com/playlist?list=PLtr3wy4M_CJ2Hrd0UwCAWJOgOPu8l_ZLf

Enrollment Intensity for Pell Awards

A pell eligible student will receive their max award amount if they are enrolled in at least 12 credit hours. A student enrolled in less than 12 credit hours will receive a percentage of their award (rounded to the nearest whole percent) based on the enrollment intensity calculation. 


The following chart does a great job showing the calculation for enrollment intensity:


Enrollment Intensity
学分 Enrollment Intensity Formula Enrollment Intensity
12人或以上 12/12 = 1.0 100%
11 11/12 = 0.917 92%
10 10/12 = 0.833 83%
9 9/12 = 0.75 75%
8 8/12 = 0.667 67%
7 7/12 = 0.583 58%
6 6/12 = 0.50 50%
5 5/12 = 0.417 42%
4 4/12 = 0.333 33%
3 3/12 = 0.25 25%
2 2/12 = .0167 17%
1 1/12 = 0.083 8%

金融援助

Many students think higher education is financially out of reach, but that is not the case at North Arkansas College. The college has awarded more than $500,000 in scholarships in the last five years.

North Arkansas College also has one of the lowest tuition rates in the country.

The 金融援助 Office is here to help you find a financial strategy that you can afford through scholarship programs, work-study programs, 助学金及贷款.

To apply for financial aid at North Arkansas College you should:North Arkansas College’s OPE six-digit Federal School Code or Title IV School Code is 012261.

The FAFSA should be completed as soon after 10月1日 尽可能. Priority deadlines to guarantee federal aid eligibility is processed by the payment deadlines are as follows:
  • Fall Semester Priority Deadline - August 1st
  • Spring Semester Priority Deadline - December 1st
  • Summer Semester(s) Priority Deadline - May 1st
Applications 和 documentation received after these priority dates will be processed on a first-come, first-served basis with priority given to students with the most financial need.

To learn what financial aid you are eligible for, contact a representative at 870-391-3266, 发邮件至 financial-aid@teng2503.com or stop by at 1515先驱博士ive, Harrison, AR, Office M186 (南校区.)






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