Academic Catalog 2020-2021
(by FAFSA dependency rules, not IRS dependency rules) to help them pay for their child who is enrolled in school at least half time and is making satisfactory academic progress. Direct PLUS Loans are not based on financial need, and parents of all income levels may apply. Parents may borrow an amount equal to the cost of attendance minus any other aid. Repayment begins within 60 days after the second disbursement with a minimum monthly payment of $50 and a maximum repayment term of 10 years. Payment deferment may be available upon approval from The Department of Education. Parents must apply for deferment through their loan servicer. Loan servicer information can be found at www.nslds.ed.gov. The Federal Direct graduate PLUS loans are loans that graduate students can use to help pay education expenses. The student must be enrolled at least half time and make satisfactory academic progress. Eligible students may borrow an amount equal to the cost of attendance minus any other aid. Keep the following in mind: 1. The U.S. Department of Education is the lender. 2. The borrower must not have an adverse credit history. 3. The maximum loan amount is the student’s cost of attendance (determined by the school) minus any other financial aid received. 4. For more information visit: https://studentaid.ed.gov/sa/types/loans/plus STATE PROGRAMS Virginia Tuition Assistance Grant (VTAG): This is a state grant for residents of Virginia. The annual award amount will be $3,400 for the 2019-20 academic year. To be eligible, students must be a domiciled Virginia resident, complete the 2019-20 VTAG application by July 31, must not have moved to Virginia for purpose of attending a post- secondary school, and pursuing undergraduate studies of seeking a Master’s of Science in Nursing. Students who have previously received VTAG in a prior award year do not need to complete the application. Virginia TwoYear College Transfer Grant (CTG): The standard award is $1,000 and up to an additional $1,000 for certain majors (science, teaching, mathematics, and nursing). To be eligible, students must complete a FAFSA, be an undergraduate in-state student (first time entering freshman no earlier than Fall 2007), be a Virginia domiciled resident, must not have moved to Virginia for the purposes of attending a post-secondary school, must meet the selective service requirements, have an EFC of $12,000 (or less depending on the year it was first awarded), must have earned an Associate’s degree at a Virginia two-year public institution with a cumulative GPA of 3.0 on a scale of 4.0 for theAssociate’s degree, maintain a 3.0 cumulative GPA at Bluefield College, and be enrolled full-time by fall semester following completion of the Associate’s degree (limited to 3 years). Applications must be submitted to be considered. These can be found on our website or at https://www.schev.edu/index/tuition- aid/financialaid/state-student-aid/two-year-college-transfer-grant-program. INSTITUTIONAL GRANTS AND SCHOLARSHIPS Institutional Grants and Scholarships for Traditional Students Students are eligible to receive institutional awards for up to 4 years of full-time, continual enrollment. Awards are determined based upon acceptance, financial need, and/or talent. Academic Scholarships: These scholarships, which range from $4,000 to $12,000, are awarded based on your academic performance and are renewable for up to four years.
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