At Norwich, we understand that financing your education can be difficult not only in monetary terms, but also difficult to navigate all the twists and turns. That's why we are committed to helping and mapping out your financial planning journey.
Over the next couple of weeks, we will break down areas of the process, share resources, and explain what options are available to you:
- Are you eligible?
- FAFSA
- Federal Aid
- Military Benefits
- Other options (private loans, scholarships)
Are you eligible?
Let’s start with the basics – do you qualify for financial aid?
You must meet the following criteria:
- Demonstrate federal need (may not be required for some loan and institutional programs).
- Be enrolled in a college credit program.
- Not be in default or owe a repayment of Title IV funds.
- Have a valid Social Security number.
- Be a U.S. citizen or an eligible non-citizen with permanent residency status and an alien registration identification number (may not be required for some institutional programs).
- Most male students, between the ages of 18-25, must be registered with the Selective Service.
- Have not borrowed in excess of loan limits under the Title IV program.
- Maintain satisfactory academic progress per federal regulations (see details below).
- Have all requested documents on file before disbursements can be made.
For another quick glance at eligibility requirements, check out this infographic from the Federal Student Aid website.
Now that we've determined how to assess your financial aid eligibility, we can now explore the ways to receive financial aid and tuition assistance. Next week we will cover the Free Application for Financial Student Aid (FAFSA) process.
