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Types of Aid

Funding your college experience with Grants, Loans and Scholarships

Grants

Grants are gift awarded to qualified undergraduate students demonstrating exceptional financial need. Grants do not have to be repaid as long as enrollment for the semester in which you receive the grant is maintained

Federal Grants

  • Pell Grants
  • Students who have not received a Bachelor's degree may be eligible for this federal grant program. The amount of the award will depend on your Expected Family Contribution (EFC) resulting from the FAFSA and student's enrollment status.
  • Year-Round Pell Grant
  • This program allows students to receive a third Pell Grant during the summer term. To receive a third summer term Pell Grant, students must be enrolled at least half0time(6 or more financial aid eligible credit hours.) Students who did not enroll full-time for the Fall and/or Spring terms may be eligible to receive a Pell Grant for summer if enrollment was less than half-time.
  • Federal Supplemental Educational Opportunity Grant (FSEOG)
  • FSEOG is awarded by YC to students with high financial need. The amount of the FSEOG award will depend on the level of financial need and enrollment status. YC has limited FSEOG funds and awards are made on a first-come, first-served basis.
  • Learn more at StudentAid.Ed.Gov

State Grants

  • Arizona Leveraging Educational Assistance Partnership (AzLEAP)
  • AzLEAP is awarded by YC to students with high financial need. The amount of the AzLEAP award will depend on the level of financial need and enrollment status. YC has limited AzLEAP funds and awards are made on a first-come, first-served basis.

Grants are disbursed each semester based on your enrollment status and will be prorated if you are not enrolled full-time. The chart below can be used as a guide to help determine the percentage of your award you will receive based on your enrollment.



Loans

Student loans are funds provided to a student for educational expenses and are considered self-help financial aid because you must repay the money loaned to you. Loans are the last type of aid for which you are considered, after gift aid and Federal Work-Study.

The Yavapai College Financial Aid Office has adopted and abides by the Arizona Student Loan Code of Conduct and the NASFAA Ethical Principles and Code of Conduct.



Manage Your Debt

Before borrowing, remember that loans must be repaid. Use a loan payment calculator to investigate how much your monthly payment may be before you decide to borrow loans.

Students can review their student loan balance on the National Student Loan Data System (NSLDS)



Loans Available at Yavapai College

More information can be found studentaid.ed.gov



Loan requirements

Students who borrow under the Direct Student Loan program at Yavapai College are also required to complete Direct Loan Entrance Counseling and a Master Promissory Note (MPN) through studentloans.gov before loans can be released. Students must also complete exit loan counseling when they graduate, leave school, or drop below half time enrollment status.

If a student attends less than full semester classes ONLY, their Cost of Attendance may be prorated based on the number of weeks they are in attendance. This may limit their loan eligibility for that term.



Scholarships

Scholarships are a type of financial aid that does not need to be paid back and is awarded on various criteria, which usually reflect the values and purposes of the donor or founder of the award. They can be merit-based, need-based, student-specific, career-specific and/or college-specific. The links below provide further information about scholarships offered at Yavapai College and tips on applying for outside scholarships.

Scholarship Resources - includes YC Foundation Scholarships and outside scholarship links