The FAFSA (Free Application for Federal Student Aid) is an online application that students must fill out each year to be considered for Federal student aid. The FAFSA can be filled out at www.fafsa.gov. The FAFSA is available on January 1st of each year.
Students and parents (if applicable) must create an FSA ID (Federal Student AID ID) to sign the FAFSA. Students and parents can create the FSA ID online at http://fsaid.ed.gov.
The FAFSA calculates the student’s EFC (expected family contribution) number which is used to determine financial need. Financial need is determined by subtracting the student’s EFC by the student’s COA (cost of attendance) at Iowa Central Community College. If the difference between the student’s COA and EFC is a positive number, the student may qualify for need based aid. If the difference between the student’s COA and EFC is a negative number, the student may only qualify for non-need based aid.
Iowa Central Community College determines students with a 0 EFC to be the highest need students.
To be eligible for Federal aid, students must:
A grant is assistance that does not have to be repaid. For additional information provided by the U.S Department of Education on how to fund your education, visit http://studentaid.ed.gov.
Federal Pell Grant
Federal Supplemental Educational Opportunity Grant (SEOG)
Iowa Vocational-Technical Grant
Iowa Kibbie Grant
Non-resident students should check with their home State’s Higher Education Agency for information concerning State grant assistance from that State
A Loan is financial assistance that must be repaid. Students who borrow a Direct loan and who are first time borrowers at Iowa Central are required to complete the Master Promissory Note and Direct Loan Entrance Counseling online at www.studentloans.gov. For additional information provided by the U.S Department of Education on how to fund your education, visit http://studentaid.ed.gov.
Federal Direct Subsidized Loan
Federal Direct Unsubsidized Loan
Federal Direct Parent PLUS Loan
Visit http://StudentAid.gov/repay to learn about repaying student loans and to estimate monthly payments using the repayment estimator.
Private Student Loans
Federal Work Study
Proteus serves Iowa’s immigrants, minority, and low-income populations to make their dream of a brighter tomorrow a reality by helping them overcome language and cultural barriers in order to better provide for their families.
If you have been employed in agriculture in the past two years, you may qualify.
Students are encouraged to seek information on financial aid in their own communities. Local service clubs and organizations, as well as national and state organizations may have financial aid for you. The Financial Aid Office is available to assist you in identifying these sources.
Student loan borrowers who graduate, transfer, withdraw, or drop below half time enrollment status are required by law to complete Exit Counseling to learn important information about loan repayment. Exit Counseling can be completed online at www.studentloans.gov.
Download the Exit Counseling Guide to learn more about repaying student loans.
Borrowers can login at http://StudentAid.gov/login to view your own personal Federal student loan and grant information.