Financial Aid

The College is well aware of the financial burden of meeting college costs. The Financial Aid Office at the College encourages students to apply for assistance. Assistance is available in the form of scholarships, grants, loans and work-study. Federal, state and private scholarship funds are often limited. Applicants with greatest financial need receive first consideration for assistance. Application materials should be filed by May 1 each year to receive priority consideration. Detailed information regarding financial aid can be found at http://www.ccsnh.edu/links.html

To begin the financial aid application process a student and, if applicable, their parent or spouse must complete the Free Application for Federal Student Aid (FAFSA). File the FAFSA electronically at www.fafsa.ed.gov. Nashua CC's Federal College Code is 009236. Please allow 2 - 3 weeks for the results of your processed FAFSA to be sent to the College. Upon receipt of your processed FAFSA, the Financial Aid Office will contact you if additional paperwork is needed.

To be awarded financial aid, applicants generally must:

have completed the financial aid application process;
be admitted to a degree granting certificate or associates degree program that is financial aid eligible;
demonstrate financial need as determined by federal and/or state guidelines;
be enrolled in a minimum of six(6) credits per semester. The Pell Grant may be awarded to exceptionally needy students enrolled in three(3) credits per semester;
meet Satisfactory Academic Progress guidelines to continue to receive financial aid each academic year; and
reapply each academic year.

The Financial Aid Office is here to help!

Office hours are:
Monday, Tuesday and Friday 8:00am - 4:30pm and
Wednesday and Thursday 8:00am - 6:00pm.
Please contact us at (603) 882-6923, ext. 1534
or stop by our office in Room 99 of the Main Building.

Grant Programs

Federal Pell Grant
The Federal Pell Grant is a federally funded program that assists students showing financial need with the actual cost of attending college. A Pell Grant is considered “gift money” that does not have to be repaid. To qualify for a Pell Grant, you must be an undergraduate student who does not already have a bachelor's degree. Awards are granted on a sliding scale ranging from $400 to $4,310, depending on the family financial position.

Federal Supplemental Educational Opportunity Grant (FSEOG)
FSEOG is also a grant made available to students who demonstrate exceptional financial need. This grant, like the Pell Grant also does not have to be repaid. To qualify for an FSEOG grant, you must have Pell Grant eligibility however, all students who receive the Pell Grant will not receive the FSEOG grant.

NSF Grant
Students enrolled in Computer Engineering Technology, Computer Science, Electronic Engineering Technology or Liberal Arts with a Mathematics Concentration are eligible to apply. Applicants must show academic potential and financial need. Applicants must complete the NSF application, and also file the FAFSA. For further information, contact the Admissions Office at (603) 882-6923 Ext. 1461.

NHIP State Grant
New Hampshire Incentive Program provides grants for New Hampshire residents attending a college within or outside the state of New Hampshire. Students must demonstrate financial need. Students must submit the FAFSA by May 1 of each year to be considered.

Massachusetts State Grant
The MASSGrant is a grant assistance program funded by appropriations from the Massachusetts Legislature. The MASSGrant program provides need-based financial assistance to undergraduate students who reside in Massachusetts and who are enrolled in and pursuing a program of higher education in any approved public or independent college, university, school of nursing or any other approved institution furnishing a program of higher education.

Vermont State Grant/Maine State Grant
The Massachusetts State Grant, the Vermont State Grant and the Maine State Grant programs provide grants for their respective residents who attend a college in their state and other states. Students must demonstrate financial need. Massachusetts and Maine also have a May 1 deadline.

Loan Programs

Federal Perkins Loan Program
The Federal Perkins Loan program provides low interest loans to students with demonstrated financial need. This loan program has a 5 percent interest rate and repayment begins nine months graduation, withdrawal or enrollment below half time.

Federal Subsidized Stafford Loan
This is a loan program that is subsidized by the federal government for students demonstrating financial need. Subsidized means the student is not responsible for payment of accrued interest during periods of at least half time enrollment (generally 6 credits). Grade level 1(0 - 31 credits earned) students may borrow up to $3,500 per academic year. Grade level 2 students (32+ credits earned) may borrow up to $4,500 per academic year. First time borrowers at Nashua CC must complete entrance counseling at http://mapping-your-future.org.

Federal Unsubsidized Stafford Loan
This is a loan program that is not subsidized by the federal government for students not demonstrating financial need. Unsubsidized means the student is responsible for payment of accrued interest during periods of at least half time enrollment (generally 6 credits), although actual payment can usually be deferred. Grade level 1(0-31 credits earned) students may borrow up to $3,500 per academic year. Grade level 2 students (32+ credits earned) may borrow up to $4,500 per academic year. First time borrowers at Nashua CC must complete entrance counseling at http://mapping-your-future.org.

Independent students, as determined by federal financial aid program guidelines, may have additional loan eligibility under this program.

Federal Parent Loan for Undergraduate Students (Plus)
Parent Loans for Undergraduate Students are loans made to parents of dependent undergraduate students. Parents may borrow up to the student's cost of attendance less anticipated financial assistance. Additional information is available through the Financial Aid Office.

Alternative Loans for Parents and Students
These programs are developed by various agencies to assist parents and students meet their educational expenses. Such funds may assist families that do not qualify for, or need to supplement, other forms of financial aid. Additional information is available through the Financial Aid Office.

Federal Work Study Program

Federal College Work Study
Federal work study opportunities exist both on and off the Nashua campus. Hourly wages range from $8.00 - $9.00 per hour.

On-Campus jobs are available throughout the campus. Off-Campus jobs are available throughout the local Nashua area in non-profit agencies. Students must provide their own transportation.

Refund of Title IV Funds For Financial Aid Recipients

Students who withdraw from all classes before the 60% point in a semester may be required to repay all or a portion of the financial aid they received for that semester. This is known as the Return to Title IV calculation. The exact amount to be returned will vary depending on the amount of financial aid received and at what point during the semester the student withdraws from the college.