Johnston Community College offers a comprehensive program of student financial aid to assist students in meeting educational expenses. Reasonable educational expenses constitute the student's educational budget. Expenses included in the student's educational budget are tuition and fees, room and board, books, supplies, transportation, miscellaneous personal expenses, and expenses related to maintenance of a student's dependents.
The student financial aid program at Johnston Community College is administered according to the nationally accepted principle that the family (meaning parents or those acting in place of parents, the student, and/or spouse) is responsible for a student's educational expenses. Financial aid is available to fill the "gap" between the total cost of education and the amount the family can reasonably be expected to contribute.
Eligibility for financial aid is established by need analysis which is based on a comparison of the student's educational budget (as defined above) with the family contribution.
Several types of financial aid are available. A grant is aid which does not have a repayment obligation, unless the student withdraws early in the semester for which the grant is approved. The College Work-Study Program provides an on-campus job for which the student is paid at least the prevailing minimum wage. Hours worked per week range from a minimum of five (5) hours to a maximum of approximately twenty (20) hours. Loans to students are available. These must be repaid to the lender by the student beginning six (6) months after borrower ceases to be a student. At this time the borrower must begin making monthly payments.
What is Need Analysis?
Need analysis is a consistent, systemic way of measuring the ability of the family to finance the total cost of education and thereby determine eligibility for financial aid. All applicants are treated fairly and equitably under the need analysis system.
In determining how much you and your family can contribute, a number of a factors are considered. The information you provide for need analysis is treated confidentially and will include family resources. Family resources are the income and assets of the parents as well as the student's assets and income. If you are an independent married student, this will include the income of your spouse. All taxable and non-taxable income (Social Security, Child Support, Welfare, etc.) is included. Family resources include the value of assets to the parents. This includes value of a farm or business, home equity, savings, stocks, bonds, and other real estate.
Allowances are made for taxes and Social Security deductions, medical or dental expenses not covered by insurance, a housekeeping allowance if both parents are working, debts and other obligations.
The student contribution is determined from the student's savings from a summer job, any special income (Veterans Educational Benefits, Social Security, etc.) and a percentage of the student's savings.
Other factors considered include the family size, any unusual expenses, and the number of family members in college.
From these factors, a need analysis determines how much you and your family can contribute and how much money you will need to finance your education.
Johnston Community College accepts need analysis based on the Free Application for Federal Student Aid (FAFSA). The school code for Johnston Community College is 009336.
The amount of a student's financial aid award is based on two things: (1) The expected contribution from the student's and/or the student's parents' resources, (2) The student's particular college budget. The difference between resources and budget is the amount of aid the Student Financial Aid Office attempts to offer the student.
General Eligibility
Betty Woodall - Financial Aid Director
Becky Carroll - Financial Aid
Specialist
Cindy Johnson - Financial Aid Specialist/VA Coordinator
Hope Dale - Financial Aid Specialist
Carrie Johnson - Financial Aid
Specialist
Sharon Griffin - Financial Aid Secretary/Receptionist
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