Find the best value for your investment
Choosing a college isn't just about the numbers; it’s about finding the best value for your investment.
Upon your admittance to North Central as a degree-seeking student take advantage of the available financial aid resources by following a few important steps.
*IMPORTANT NOTE ABOUT YOUR FAFSA APPLICATION
The U.S. Dept. of Education randomly selects a portion of all FAFSA applications for verification. A school is required to collect documentation verifying the FAFSA has been completed accurately. After we receive your FAFSA, you may receive a letter or email requesting additional information to verify the data submitted on the FAFSA. If you are selected, verification must be completed before our office can consider you for financial assistance. For the verification process, complete the following steps:
- Complete FAFSA's IRS Data Retrieval Tool for student tax data or submit a signed copy of your federal income tax return transcript and W-2s. If you are considered a dependent, submit signed copies of your parents' federal income tax transcript and W-2s.
- Complete the Institutional Verification Form (IVF).
- Provide other information as requested by our office as part of the verification process.
Please note: Any person who intentionally makes false statements or misrepresentations on a federal aid application is violating the law and subject to a fine, imprisonment or both under the provision of the U.S. Criminal Code.
Other key deadlines in obtaining financial aid
Deadlines for Illinois Student Assistance Commission (ISAC) programs: We suggest you have a valid FAFSA filed no later than December 31 in order to be considered for state grant funding for the academic year. All dates are subject to change by the Illinois Student Assistance Commission.
Determine your eligibility for aid
Along with your FAFSA application, the following conditions are required in order to be eligible for financial aid:
- Enrolled at least half-time (undergraduate, 4 credit hours/term; graduate, 3 credit hours/term) in a degree-seeking program at
North Central College. Some programs require full-time enrollment.
- Must be a U.S. citizen or eligible non-citizen.
- If requested by our office, completed Institutional Verification Form IVF and submitted other requested documents
- Making satisfactory academic progress toward your degree
- Not in default on a Federal Perkins Loan, Federal Stafford Loan (Guaranteed Student Loan), Federally Insured Student Loan (FISL), Federal Supplemental Loan for Students (SLS) or Federal Parent Loan for Undergraduate Students (PLUS), Auxiliary Loan to Assist Students (ALAS), Illinois Opportunity Loan (IOL), Federal Consolidation Loan or Income Contingent Loan
- Don’t owe a repayment on a Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Pell Grant, State Student Incentive Grant (SSIG), or Illinois Student Assistance Commission Monetary Award Program Grant (ISAC MAP)
- Have a high school diploma or G.E.D.
- Accepted for admission or readmission. North Central reviews your financial aid application only once you’ve been admitted.