Our Mission

NOVA Financial Aid facilitates access to education for NOVA students by providing assistance in all areas of the financial aid process for the purpose of supporting student enrollment, retention and program completion at Northern Virginia Community College.

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2015-16 Application for Participation in the Two-Year College Transfer Grant Program

Established in 2007, the Two-Year College Transfer Grant Program (CTG) provides an incentive for students to first complete an associate degree at a Virginia public two-year college before transferring to a participating Virginia four-year college or university as a means to reduce the overall cost towards completing a bachelor’s degree.
In addition to paying lower tuition charges for their freshman and sophomore years while attending a two-year college, students who qualify may also receive a CTG award once they transfer to the four-year institution.

Click here for more information and to apply: 2YRCollegeTransferGrantApp201516

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Preventing and Reporting Financial Aid Fraud

Don’t become a victim of a financial aid or student loan scam.  For more information about financial aid fraud or reporting fraud please visit the Consumer Financial Protection Bureau website or the Federal Student Aid website.

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Fall 2015-2016 Financial Aid Bookstore Purchase

If you completed the online Bookstore Authorization form for the summer 2015, it will NOT remain valid for Fall 2015 and Spring 2016. The online Bookstore Authorization form for the 2015-2016 aid year will be available on July 10, 2015.  If you previously completed the form for 2014-2015 (including Summer 2015), it must be resubmitted with a valid electronic signature.

Students with financial aid awards for Fall 2015 can purchase books against their excess financial aid–either online or in campus bookstores—from August 10 through September 10, the 16-week (term) census date. A second book purchase period will be open for students who still have anticipated aid from two weeks before the second 8-week term through that term census date, October 7-29.

Students wishing to purchase books on-line must complete and sign the Bookstore Authorization E-Form, via the Financial Aid Dashboard, prior to completing a  purchase.  Students who completed the Bookstore Authorization form for summer 2015 must submit a new form for 2015-2016 after the form becomes available on July 10, 2015.  Students enrolled or planning to enroll in later starting classes who desire to use their financial aid to purchase books must purchase during one of the two purchase periods; no additional accommodations will be made.  The financial aid process must be complete and anticipated aid must be enough to cover tuition, fees and books.  Files can have no negative holds.

 

First Book Purchase Period

–          First day to purchase books/supplies using financial aid: August 10, 2015

–          Last day to purchase books/supplies using financial aid: September 10, 2015

 

Second Book Purchase Period (for students with remaining anticipated aid)

–          First day to purchase books/supplies using financial aid: October 7, 2015

–          Last day to purchase books/supplies using financial aid: October 29, 2015

 

You may place your on-line order 24 hours after completing the authorization e-form or on the first business day after completing the e-form, if later.

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Breach of Taxpayer Data at IRS Marketing

On Wednesday, May 27, 2015, the IRS announced its “Get Transcript” application had been compromised by cyber criminals. Over 100,000 taxpayers’ accounts were illegally accessed. The “Get Transcript” application has been temporarily disabled. The IRS has taken several additional measures to protect taxpayers and their confidential information.
This impacts students and families who may be requesting tax transcripts to complete their financial aid process. At this time, tax transcripts are only available when requested by mail and take up to ten days for delivery. Students and parents are strongly encouraged to utilize the IRS Data Retrieval Tool (DRT) available within fafsa.ed.gov.  Links to a statement from the IRS and a Q & A list are provided below.
IRS’s Full Statement

Get Transcript Q & A

FAS will continue to provide updates on this issue as they become available. If you have specific questions, feel free to submit them via email.
Sincerely,

NOVA Financial Aid Team

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National Association of Student Financial Aid Administrators Reference Guide

Want some quick information on financial aid guidelines? Check out the National Association of Student Financial Aid Administrators Reference Guide.

The new Student Aid Reference Sheet for 2015 -16. This guide includes updated information about Stafford Loans, Pell Grant, PLUS Loans, Federal Perkins Loans and more. 

To see the 2015-16 Student Aid Reference Sheet click here

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How to Create a FSA ID

The FSA ID – A username and password will replace the Federal Student Aid PIN. It is required to log in to certain U.S. Department of Education websites.

Your FSA ID confirms your identity when you access your financial aid information and electronically sign Federal Student Aid documents.

For instruction to create your FSA ID click here:  FSA ID

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The Commonwealth Legacy Scholarship Program

The purpose of the Commonwealth Legacy Scholarship Program is to increase access to higher education and to develop student leadership potential for graduating high school seniors who will be attending a Virginia Community College for the first time  in Fall 2015. One ($3,125) scholarship will be awarded for the fall 2015 and spring 2016 semesters.  The Student Financial Aid Committee will select the recipient in July. The recipient will be notified by August 2015.  The following criteria will be used to award the scholarship:

 

  1. Commonwealth Legacy Scholars will be students attending Northern Virginia Community College for the first time in Fall 2015.
  2. Selections will be based on merit.
  3. Scholars will demonstrate academic excellence during high school.
  4. Scholars will demonstrate a willingness to promote community college education and the Commonwealth Legacy Scholarship Program.
  5. Scholars will demonstrate a willingness to mentor future scholars.
  6. Scholars will demonstrate a commitment to developing leadership potential.
  7. Students must be full-time, associate’s degree seeking students with plans to graduate from a Northern Virginia Community College.
  8. Scholars must agree to an interview with the selecting committee to be considered.
  1. If selected, recipients agree to participate in the annual Student Leadership program.

To apply, Click here Scholarship

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Financial Management Workshop

Do you need help balancing your budget? NOVA will be offering a Financial Management Workshop sponsored by the Student Life Office at NOVA on Wednesday, April 15, 2015, from 2:00 pm-3:00 pm in room CS 129. Come join us to learn how to balance a checkbook, combat bank fees, choose a credit card, and more! Click here for more information.

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Account Access

Have you received federal student loans in the past?  If so, you may wish to consider setting up account access to Account_Access_flyer

Benefits include:

  • Schedule future payments
  • Make a payment
  • Explore repayment options
  • View loan interest for tax filing
  • Update your contact information
  • Get help with your account

If you have student loans currently serviced by FedLoan Servicing you may visit www.MyFedLoan.org to set up online account access.  If you need assistance please call FedLoan Servicing at 1-800-699-2908.

Remember to contact your loan servicer if you ever have any questions about repaying student loans.  Loan servicers can review the loan repayment options with you and possibly reduce or temporarily postpone loan payments.

Students can also review their loan history and look up the contact information for other loan servicers at www.studentaid.ed.gov.  Simply follow the directions to log into your account via the button in the upper right corner.

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Thrifty Thursday: Free Budgeting Classes

Free budgeting classes available the third Thursday of every month.
Come and join the class from 7:00pm to 9:00pm.
For additional information, Click the link below.

ThriftyThursdayFlyer2015

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