To compare lender information such as interest rates, repayment term, etc…
To get a preliminary estimate of federal, state & institutional aid eligibility.
You’ll need to visit the FAFSA website and select to start a new application, or return to your application by logging in with your FSA ID. Greensboro College’s school code is 002930. Once you have submitted your FAFSA the college will receive it within 5 business days.
Once you have been accepted, and we receive your completed FAFSA (with no errors), the Financial Aid Office will review your FAFSA to start the awarding process. New students will receive a package in the mail and returning students will receive an email to their Greensboro College email address. Important terms and conditions will apply to all awards. To view your Financial Aid Award letter and missing documents please log into your Pride Page. If you need to set up your Pride Page, please have your Student ID and click here.
Use the links below to view each section:
The PRIDE Page is designed to give you insight on the enrollment process. Once you have chosen Greensboro College as your college of choice, please pay your $200 deposit to Admissions to hold your spot and receive additional access to important forms to complete within the PRIDE Page. Once enrolled in Greensboro College, the $200 deposit will be credited to the student’s Fall account (shortly after the drop/add period). Deposits are non-refundable after May 1.
If you should have questions about the PRIDE Page, please contact your Admissions Counselor or the Admissions Office at 336-217-7211.
What is the Pride Page used for?
Each student accepted into Greensboro College is reviewed for merit scholarships. Merit scholarships are awarded regardless of financial need and are renewable for up to three additional years based on the student’s grade-point average.
Simply click on the link, review, and apply if you meet the criteria. Please note that these are not Greensboro College Scholarships, these are outside scholarship resources. Also check with your High School Guidance Counselor, local church, local organizations, employer and/or your parent’s employer.
The Federal Direct subsidized loan is awarded to undergraduate students with financial need as determined by the FAFSA. Interest does not accrue and repayment does not begin until six months after the student is no longer enrolled or drops below half-time enrollment. The interest rate for 2017-2018 is 4.45%. The federal government will deduct a 1.068% fee at time of disbursement.
The Federal Direct unsubsidized loan is awarded to undergraduate students without financial need as determined by the FAFSA. Interest accrues on the loan while the student maintains at least half-time enrollment. The interest rate for 2017-2018 is 4.45%, and the federal government will deduct a 1.068% fee at time of disbursement. Repayment begins six months after the student is no longer enrolled or drops below half-time enrollment.
1) ECSI Monthly Payment Plan:
Our Student Accounts Office works with ECSI, which is a tuition-plan agency that offers 11-, 10-, 9- or 4-month payment plan options (there are deadlines for signing up for plans, the earlier you sign up the longer plan you are eligible for). Please contact Student Accounts at (336) 272-7102, ext. 5205 or you can also visit ECSI online at www.ecsi.net or call them directly at 1-866-927-1438.
2) Private Student Loan:
This loan is to help students who need additional funds to help meet their educational expenses. Many of our students use Discover , PNC Bank, Sallie Mae, or Wells Fargo. In most cases, the student applicant will need a creditworthy co-signer. The loan can be applied for online and the approval or disapproval will be communicated to the student instantly after the application is completed. Private loans cannot be greater than the cost of attendance minus all other estimated financial aid. All terms and conditions are set by the bank or lending institution. All private loan options should be carefully researched and considered. Click here to use our loan comparison tool.
3) Federal Direct Parent PLUS Loan:
Your parent may be interested in borrowing from the Federal Direct PLUS Loan program (if he or she meets certain eligibility requirements). For additional information, or to apply, visit www.studentloans.gov. The parent wanting to apply will need to sign in using their FSA ID username and password. If your parent is approved for the Federal Direct Parent PLUS loan he or she may borrow the balance needed. However, if your parent is not approved, then you, the student, may be entitled to additional Federal Direct Unsubsidized Loan funds.
For Financial Aid purposes, Summer School is considered to be the final term of the academic year. Financial Aid received during the Fall and Spring terms of the academic year will be considered when Pell grant and Federal Direct Loan eligibility are determined for the Summer term. Undergraduates must be enrolled in 6 hours and graduate students must be enrolled in at least 3 hours (in one or both terms) to be eligible for student and/or parent loans.
All students who apply for Financial Aid for summer must have filed the Free Application for Federal Student Aid (FAFSA)
Students applying for financial aid are expected to be enrolled full time (at least 12 hours) each semester (Fall and Spring) during the academic year. Students enrolled less than full time must notify the Financial Aid office because institutional aid is reserved for full-time students only. Federal and state financial aid may be awarded to students enrolled less than full time, but may be reduced according to the actual enrollment status. Students must be enrolled at least half time for a Federal Direct Loan (6 hours).
Students are awarded financial aid based on the results of the FAFSA and based on the housing code they provide on the FAFSA (on campus, off campus or with parents). If a student decides to move off campus, the student must notify the Financial Aid Office because the award (for the year) will change.
Students who are planning to withdraw before completing a term must start the process with the Dean of Students in the Student Development Office (second floor of Main). The Dean of Students will begin the process via a withdrawal form, and the student will take the form to the Student Accounts and Financial Aid offices before returning the form to the Dean of Students (which completes the withdrawal process). Failing to withdraw officially from Greensboro College could affect future attendance and eligibility for financial aid. Students who do not officially withdraw and are registered will also be billed by Student Accounts as a “no show” and be responsible for the balance. Once the withdrawal form is completed by all parties, the Financial Aid Office will complete an R2T4 (Return of Title IV Funds) through the Department of Education’s (DOE) software. The DOE will want to know basic information about the student, the most important being the effective withdrawal date. Depending on when the student withdraws, and the length of time enrolled, this will determine what aid can be kept on the account and what aid has to be returned to either/both to the Department of Education or the state. If there is a 90, 75, 50 or 25% adjustment to the student’s charges, the same will happen with any type of institutional aid. After the amount that must be refunded to the Title IV programs is determined, the funding will be returned in the following order:
The following grades shall be assigned to students whose lack of class attendance affects their performance.
If, at the end of a semester, a student has received all grades of FN and/or WN, then it shall be determined that the student has unofficially withdrawn from the College and his/her name shall be given to the Director of Financial Aid for Federal financial aid eligibility determination.(N.B.: This policy goes into effect for the fall 2011 semester.)
The following situations are governed by the College’s Course Withdrawal Policy, and not by the Unofficial Withdrawal Policy described above.
Statement of Standards: Students students are required to maintain satisfactory academic progress and to remain in academic good standing to retain eligibility for financial aid. Students who are applying for financial assistance are expected to be enrolled full-time each semester during the academic year. Full-time enrollment is defined as 12 credits or more per semester. Students enrolled less than full-time must notify the Office of Financial Aid and may be subject to reductions in financial assistance.
Federal regulations require a College’s Standards of Academic Progress (SAP) to include the following:
Quantitative Measure: To remain in good academic standing and retain eligibility for financial aid, students must successfully complete at least two-thirds of all hours attempted including Pass/Fail, withdrawals, repeated courses, incompletes, and courses dropped after the last day to drop a course without penalty (as published in the academic calendar).
Qualitative Measure: Students must maintain the following minimum cumulative grade-point average (GPA) on all attempted hours:
|For hours attempted:||A minimum GPA must be maintained:|
|fewer than 28||1.60|
|at least 28 but fewer than 60||1.80|
|60 or more||2.0|
Maximum Time Frame:
Institutional Programs: Greensboro College undergraduate programs are structured to be completed in four years; therefore, our non-transfer students are allowed eight semesters (or until degree requirements are met, whichever is first) of eligibility for institutional financial aid programs. For transfer students, the number of semesters of eligibility for institutional programs allowed is based on a student’s class level at the time he or she is admitted to Greensboro College.
Federal Aid Programs: For undergraduate programs of study, the maximum time frame for receipt of federal financial aid must be no longer than 150% of the published length of an educational program. At Greensboro College, it takes 124 credits hours to receive a degree; therefore, students are allowed up to 186 attempted hours (including all transfer hours accepted toward completion of a student’s program) to be considered for federal financial aid. The maximum time limits include all hours attempted regardless of whether or not financial aid was received.
Please note that grades of W (Withdrawal), WF (Withdraw Failing), WN, FN, and U are not considered satisfactory completion of a course and therefore are not earned hours. They will, however, count as attempted hours. Incompletes (I) are not counted as attempted or earned hours until final grade has been assigned to the course in question. Greensboro College does not offer remedial or developmental courses, and transfer credit is not awarded for any courses that are designated as such. The following chart demonstrates a student’s required ratio of attempted hours to earned hours to be considered as progressing toward degree completion within the maximum 150% limit. It is imperative that students who receive Federal Direct Student Loans realize that there is a maximum aggregate amount they may borrow in their undergraduate career. Students who are enrolled for more than four years or eight semesters (the time frame normally associated with completion of degree requirements at Greensboro College), and who receive federal loans during that time, are in jeopardy of losing their eligibility for federal student loans.
|When total hours attempted are:||Student must have earned at least:|
|35 hours||24 hours|
|65 hours||44 hours|
|95 hours||64 hours|
|125 hours||84 hours|
|155 hours||104 hours|
Transfer Students: Transfer students are evaluated based on the number of hours accepted by Greensboro College. Once transfer credit has been evaluated by the Registrar’s Office and the student has been awarded credit hours, then that student will fall under the same quantitative and qualitative requirements as previously mentioned based on that designated classification. Transfer grades are not factored into the student’s cumulative GPA for SAP proposes. The maximum time limits for eligibility for federal financial aid also apply to transfer students based on the number of credits accepted by Greensboro College.
Academic progress is reviewed at the end of each spring semester. Any student not making Satisfactory Academic Progress (SAP) for financial aid will receive a letter from the GC Financial Aid Office stating that he or she is no longer eligible to receive aid from any federal or state program. At this point, that student will have two options.
1. Attend Greensboro College using the student’s own financial resources and without financial aid, until the minimum requirements of the College’s Satisfactory Academic Progress policy have been met.
2. Submit a letter of appeal stating the reason(s) why he or she has not met the minimum standards along with any supporting documentation that verifies the circumstances that affected his or her ability to meet the minimum standards. Additional information on the appeal process is provided below.
Appeal Process: A student may submit a written statement of appeal for additional financial assistance if he or she feels that special circumstances prevented him or her from meeting the minimum standards of Satisfactory Academic Progress. Any supporting documents or statements should also be submitted that will provide the Appeals Committee with additional information pertinent to its review. The student must complete and submit the Greensboro College Satisfactory Academic Progress Appeal Request. along with the written statement to the Office of Financial Aid. The Satisfactory Academic Progress Appeals Committee will review the request, the written statement, and any other submitted documentation to determine if the student can meet satisfactory academic progress standards by the end of the next term and thereby be placed on Financial Aid Probation for one term. If the Committee determines that the student cannot meet the required standards after completion of one term, he/she will be given the option of submitting an Academic Plan for Improvement. Additional information on the Academic Plan for Improvement is provided below. All students will be notified in writing of the Appeals Committee’s decisions. Please note that if approved, only one semester of financial aid eligibility can be offered without the submission of an Academic Plan for Improvement. The student must meet the minimum standards of Satisfactory Academic Progress by the end of the approved semester to retain eligibility. If the student does not improve the deficiencies within that approved semester, the student will no longer be eligible for financial aid from the College until the minimum requirements are met or an Academic Plan for Improvement is submitted and approved.
Academic Plan For Improvement: If the student does not have valid reasons for submitting an appeal based on special circumstances, or if more than one semester is needed to bring up his or her academic progress deficiencies, then submitting an Academic Plan For Improvement is strongly encouraged. The student must contact the Assistant Vice President for Academic Administration to set up an appointment to develop his or her academic plan for meeting the minimum standards of academic progress. The academic plan is a strategy that presents the student’s goal to “get back on track” and meet the standards of Satisfactory Academic Progress (SAP) while completing degree requirements. The plan will have strict conditions that the student must follow in order to retain eligibility for financial aid. Following the Academic Plan for Improvement provides additional semesters of financial aid eligibility provided the student is meeting the conditions of the Plan.
It is imperative that any student not making Satisfactory Academic Progress understand that failure to submit a successful appeal for Financial Aid Probation or an approved Academic Plan For Improvement to the Appeals Committee will mean that no additional financial aid will be awarded to that student for future semesters of enrollment. It is necessary that immediate action be taken upon a student’s receipt of the notification that he or she is not making Satisfactory Academic Progress.
If you have any questions regarding this policy, please contact the Office of Financial Aid.
The Loan Repayment Assistance Program (LRAP) assists Greensboro College graduates in paying their college loans after graduation. We want you to be free to pursue your passions and career of choice after graduation, confident that student loans will not stand between you and your successful future.
LRAP is offered at no cost to the student.
Who qualifies for LRAP?
What does LRAP cover for those who qualify?
What are the requirements?
The Financial Aid Staff, at Greensboro College, encourages you to ask questions. We’re committed to helping you anyway we can; and to make this a smooth process. Greensboro College’s School Code, for the FAFSA, is 002930.
Greensboro College Financial Aid Office
815 West Market Street
Greensboro, NC 27401-1875
toll free: (800) 346-8226
direct: (336) 272-7102 ext.217
fax: (336) 230-9622
Lindsay Snider Latham ’08
Director of Financial Aid
336-272-7102, ext. 5253
Financial Aid Coordinator
336-272-7102, ext. 5217
Financial Aid Assistant
336-272-7102, ext. 5408