Jun 29, 2022  
ARCHIVED 2015-2016 Undergraduate Catalog 
ARCHIVED 2015-2016 Undergraduate Catalog [ARCHIVED CATALOG]

Financial Aid

An education at North Central College is a sound investment in a student's future. However, the cost of such an education can present financial concerns for many students and their families. The financial aid program at North Central is designed to assist those students and families requiring financial assistance in addition to their own contributions to cover the cost of that education. The College's financial aid program is assisting over 90 percent of the current degree-seeking undergraduates in meeting the cost of education at North Central.

The Office of Financial Aid administers a variety of state, federal, private and institutional programs of financial assistance. Each of these programs carries specific eligibility requirements or regulations which ensure that the assistance given is benefiting a maximum number of students. Due to the different criteria and application requirements of each program administered, it is impossible to discuss all of them in this publication. Detailed descriptions of the aid programs available and the rights and obligations a student assumes when accepting financial assistance are provided in the Financial Aid Handbook, which is available online at www.northcentralcollege.edu/financial-aid/financial-aidresources. North Central's financial aid counselors are also available to discuss the financial aid programs during normal business hours.

North Central participates in all need-based assistance programs, including Federal Pell Grant, Federal Supplemental Educational Opportunity Grant, Federal Perkins Loan, Federal College Work Study and Federal Direct Student Loans. Illinois residents are eligible for the Illinois Student Assistance Commission Monetary Award. In addition to these programs, the College administers its own need-based grant program. In order to receive full consideration for any need-based financial aid, the student must complete the Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov.

Veterans are entitled to use their Chapter benefits in accordance with the rules of the Veterans Administration while attending North Central College. Applicants are required to complete and submit appropriate documents in order to establish their eligibility. For further information, contact the Office of the Registrar.

North Central also awards academic scholarships to incoming first-year students. These awards, the Presidential, Dean, Honor and Achievement Scholarships, are based on recalculated GPA, and ACT and/or SAT scores. Academic scholarships for transfer students are also available.

To be eligible for any scholarship or grant from North Central, the student must have applied for admission and been accepted to the College. For additional financial aid information, call or write: (630) 637-5600 or finaid@noctrl.edu.