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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2017 Tax Year – Federal Tax Benefits for Higher Education

Check out the information provided below from the National Association of Student Financial Aid Administrators (NASFAA) regarding tax benefits for higher education.

The federal government provides a number of tax incentives that can help lower the cost of higher education. These incentives include:

  • Tax credits directly reduce the amount of tax you pay.
  • Tax deductions reduce the amount of your income that is taxed.

You may qualify for more than one of these incentives, but there are some restrictions. It’s a good idea to calculate your taxes multiple ways to find the maximum benefits available to you. For more information, on any of these benefits, refer to IRS Publication 970 or consult a qualified tax advisor.

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New Financial Aid Verification Videos

Check out these new videos related to the financial aid verification process.  Topics include:

  • Does everyone selected for verification have to provide the same information?
  • How do I verify financial aid and household information if I filed a tax return?
  • How do I verify my tax information if I amended my return?
  • How do I verify my tax information if I filed an extension?
  • How do I verify my income information if I didn’t file a tax return?


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The Financial Aid Greenback – NOVA’s Financial Aid Newsletter – December 2017

Financial Aid Newsletter – December 2017 Greenback

Check out the latest issue of the Greenback, NOVA’s Financial Aid newsletter. This issue features information on:

  • Using the TMS Payment Plan
  • Managing Textbook Costs
  • Viewing Anticipated Aid
  • 2018-2019 FAFSA Updates & Fraud Prevention
  • Year-Round Pell Grants
  • Satisfactory Academic Progress (SAP) Appeals & Reminders
  • Scholarship Applications
  • Emergency Grants
  • Spring 2018 Bookstore Purchase Periods

The Greenback newsletter is designed to provide students and staff members with a concise summary of current financial aid topics.

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November is National Career Development Month. NCDM was designed to highlight the importance of life-long career development and the personal empowerment of all people.

Take time to focus on your career development by participating in the Career Development Webinar Series. This lunchtime webinar series will take you through the basic steps of career development with the goal of helping you make informed decisions about your academic and career goals. All webinars are free, but registration is required. The first webinar is being offered at 12:15 pm today.

Learn more about career development on NOVA’s Career Services website. Check NOVA’s Events calendar and ELI’s Student Life website for information about programs being offered across the college.

Follow ELIfe on Twitter this month to receive a daily inspirational quote along with tips to help you with your career development. Throughout the month vote for your favorite quote on Facebook and join in the conversation. Read ELife for tips, stories, and to stay connected.


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November is National Career Development Month.  NCDM was designed to highlight the importance of life-long career development and the personal empowerment of all people.

Take time to focus on your career development by participating in the Career Development Webinar Series.  Read more about this on NOVA’s ELife blog at https://blogs.nvcc.edu/elife/2017/11/01/happy-national-career-development-month-4/.

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Operation Game of Loans

You may have heard of companies saying they can help you by reducing or eliminating student loan debt.  These are often scams that may involve companies requesting an illegal advance fee of up to $1,500.  The company then provides very little (if any) assistance.  In fact, these companies do not do anything that you couldn’t do yourself for free by contacting your loan servicer or the U.S. Department of Education.

Fortunately, the FTC is going after these scammers in a new joint effort with state law enforcement agencies called, “Operation Game of Loans”.  You can read more about the operation here, including tips to avoid scams.

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2018 – 2019 Free Application for Federal Student Aid (FAFSA)

The 2018-2019 Free Application for Federal Student Aid (FAFSA) will be available October 1, 2017 for students wishing to attend NOVA for the next academic school year starting Fall Term, 2018. Complete the FAFSA now at FAFSA.Ed.Gov.

File your FAFSA!
Students/parents have two options available when filing:
• Using the IRS Data Retrieval Tool (DRT) within the FAFSA to pull in their 2016 tax information (IRS DRT is available again for 2018-2019.); or
• Using the student’s/spouse’s or student’s/parents’ 2016 tax return information to key in the FAFSA financial information sections.

The key to accessing the greatest amount of available federal, state, and institutional grants and loans is to apply early. To get started, you will need to obtain an FSA ID to sign online at FSAID.Ed.Gov. (If you are a dependent student, a parent will need a separate FSA ID as well.)

Complete the Free Application for Federal Student Aid (FAFSA).
• This is an online process at FAFSA.Ed.Gov
• Our school code is 003727.
• Complete the 2018-2019 FAFSA (with 2016 tax info & IRS DRT) if you are planning to attend in Fall 2018, Spring 2019, or Summer 2019.

When NOVA financial aid receives your information, we will notify you if additional information is needed and/or send your award letter. Roughly 1/3 of our students are selected for verification—proving the information on the FAFSA–and must send additional documentation. Using IRS DRT greatly reduces that possibility.
While the primary responsibility of paying for a college education lies with the student and his or her family, we are available to assist you with accessing all financial assistance possible to offset the costs of a college education. All students attending Northern Virginia Community College (NOVA) are required to maintain satisfactory academic progress in order to remain eligible for financial assistance. Students are required to be familiar with the Satisfactory Academic Progress (SAP) Policy.

Additional Information:
FSA ID Website | FSA ID Resources – NOVA School Code: 003727
Direct Loan: Accepting Your Student Loans – Entrance Counseling, Master Promissory Note for Direct Loans
StudentLoans.gov – Website for Entrance/Exit Counseling and Master Promissory Note
It’s that simple! Many questions about financial aid and the admissions process can be answered by reviewing our Frequently Asked Questions.

Video Training Links from StudentAid.gov:
Overview of the Financial Aid Process (1:48)
FAFSA Overview (2:32)
Understanding the FAFSA (1:16)
FAFSA: Determining Your Dependency Status (3:20)
Responsible Student Loan Borrowing (2:19)

A business that charges for the FAFSA looks very much like it is from the Department of Education.  The correct site is www.FAFSA.gov.  NEVER pay to file the FAFSA or pay a consultant!!  The process is free!!

If at any time, you have questions, please feel free to contact our Financial Aid Support Center at (855) 323-3199, or online at: https://mysupport.nvcc.edu


Posted in FAFSA Process, Financial Aid Support Center, FSA ID, General Information, Paying for College | Tagged , , | 1 Response

The Equifax Data Breach – What Should You Do?

As you may have heard, the credit reporting agency, Equifax, experienced a major data breach that exposed personal information of 143 million Americans this summer.  Hackers accessed names, social security numbers, birth dates, addresses and in some cases driver’s license numbers and credit card numbers.  So what should you do to protect yourself from identity theft and your information being misused?

Please review the guidance provided by the Federal Trade Commission on the Equifax data breach at https://www.consumer.ftc.gov/blog/2017/09/equifax-data-breach-what-do?utm_source=govdelivery and consider following the steps they recommend to protect yourself.


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The 18-19 FAFSA is Available October 1, 2017 – Are You Ready?

The 2018-2019 FAFSA will be available on October 1, 2017.  This application will be used to determine financial aid eligibility for Fall 2018, Spring 2019, and Summer 2019.  Check out these helpful financial aid tips summarized in this info graphic as you prepare to apply for financial aid.

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Great Advice for Parents

Check out Inceptia’s “Great Advice for Parents” guide for Fall 2017.  It has helpful tips for students as well!  Topics include:

  • Tax breaks and loan options to pay for college
  • Strategies to maximize financial aid eligibility
  • Why you should stash cash in a Roth IRA
  • Questions to ask before taking out a student loan
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