Welcome to the Financial Aid Office! Our goal is to bring promising, energetic students into our community, no matter what their circumstances. Our mission is to provide leadership and direction in every area of the Financial Aid administration process, including policy and procedure analysis development. We assure compliance with government regulations and policies pertaining to state and federal financial aid programs.
If you are a degree or certificate-seeking student at Blue Ridge, we offer a variety of grant, work-study, loan, and scholarship-based resources, placing an Associate’s degree within reach. Research the resources available on the site and contact our financial aid team at 304-260-4380 or email@example.com to explore your financial options at Blue Ridge.
For a quick review of Financial Aid 2013-2014, click here.
ATTENTION GRADUATES! If you have applied for Graduation and have ever borrowed a student loan, you now need to complete Exit Counseling! The Exit Counseling session is available at www.nslds.ed.gov and should be completed as soon as possible. It will only take approximately 20 minutes to complete the counseling session. You will need your US Department of Education four-digit personal identification number (PIN). Be sure to submit the session when you are finished so that the results will be sent to us electronically. If you have questions about the status of your Federal Direct Loan(s), please contact Borrower Services at 800-848-0979.
Important Announcements from the Financial Aid Office
- If you need financial aid for the summer term, you must submit an application to the Financial Aid Office for processing. It is not too late even though classes start next week!
- Awarding for the 2014-2015 fall & spring terms will begin the week of May 26. Be sure to complete your 2014-2015 FAFSA as soon as possible!
- If you are selected for the verification process, please be prompt in submitting all required documents. You will not be awarded until this process is complete. Please check your BRIDGE account for any outstanding documents.
- The Financial Aid Office will be checking financial aid eligibility for all current students this week based on spring term grades. Please be sure to check your BRCTC e-mail for important messages concerning your academic progress. We will be checking the following academic standards:
- A cumulative GPA of at least a 2.0
- Successful completion of at least 70% of all classes attempted
- Attempting more than 150% of degree credit hours without graduating from a program (approx. 90-96 total credits)
CHANGES FOR 2014-2015 Academic Year
• Bookstore credits for each term will now be limited to $1000.
• To ensure responsible borrowing and increase awareness of student loan indebtedness, additional loan counseling will occur for students wanting to borrow more than $2000 in unsubsidized loan funds. Borrow only what you need to keep your loan payments manageable!
• Federal student loans will be disbursed in two disbursements rather than one. The first disbursement will be approximately 30 days into the term and the second disbursement will be at the midpoint of the term. This will affect the timing and amounts of financial aid refunds, if applicable. This new disbursement schedule does not apply to Grants or Scholarships. They will be disbursed in the first disbursement.
THIS IS AN EXAMPLE ONLY AND NOT YOUR SPECIFIC CASE. BE SURE TO PLAN ACCORDINGLY –
Total Aid for Fall 2014 Semester:
$5,000.00 federal student loan (regardless of type) – 2 EQUAL Disbursements of $2500.00
From FIRST DISBURSEMENT (30 DAYS AFTER SCHOOL STARTS)
– $1,716 (Tuition and Fees)
– $ 750 (Books bought on FA Credit)
= $ 34 Refund
From SECOND DISBURSEMENT (AFTER MIDTERMS)
– $ -0- (provided no further charges)
= $2,500 Refund
This is not LESS money; just distributed on a different timeline.