Great Bay Community College will determine your eligibility based upon your FAFSA results. You are automatically considered for Pell Grants, Supplemental Educational Opportunity Grants (SEOG), Unique Scholarship, Federal Work Study, and Direct Loans.

If a student receiving a Pell Grant, SEOG, or Direct Loan, withdraws from all classes before completing 60% of the semester, the student may be required to repay money to the Federal Government and/or Great Bay Community College. See Financial Aid Policies for more information.

The Pell Grant is a federal grant for students who demonstrate financial need. To receive a Pell Grant the student must meet all eligibility requirements.

Pell Grants are prorated and reviewed each semester. Your eligibility is determined by your enrollment credits on the “Enrollment Freeze Date” published every term on the Registration Policies and Deadlines (Registration Documents & Forms).

12+    credits = 100% of the Pell award.

9 – 11 credits = 75% of the Pell award.

6 – 8   credits = 50% of the Pell award.

1 – 5   credits = 25% of the Pell award.

Note: If your EFC is greater than 3500 your Pell grant eligibility may be limited.

Pell Grants are subject to a Lifetime Eligibility limit of the equivalent of twelve (12) full-time semesters. Students who have met or exceeded this limit are not eligible to receive additional Pell Grants.

The Supplemental Educational Opportunity Grant is for students who demonstrate exceptional financial need. To receive an SEOG a student must meet all eligibility requirements. Limited funds are available and are awarded on a first-come, first-served basis.

To receive this grant, you must be enrolled in 6 or more credits on the “Enrollment Freeze Date” published every term in the Registration Policies and Deadlines (Registration Documents & Forms).

The Unique Annual Scholarship is a grant for New Hampshire residents who demonstrate exceptional financial need. To receive a Unique Scholarship, the student must meet all eligibility requirements and must have filed their FAFSA by December 31 of the financial aid year. This fund is prorated and reviewed each semester. Your eligibility will be determined by your enrollment credits on the “Enrollment Freeze Date” published every term in the Registration Policies and Deadlines (Registration Documents & Forms).

12+ credits = 100% of the Unique award.

6-11 credits = 50% of the Unique award.

1-5 credits = 0 Unique award.

The Federal Work-Study Program (FWS) gives students an opportunity to earn money by working a part-time job at Great Bay Community College. Students typically work as lab, library, or office aides, under the supervision of a faculty or staff member. Off-campus positions in community service agencies are also available. In most cases, work-study hours are limited to 8-10 hours per week. Work-study recipients must meet all eligibility requirements and demonstrate financial need.

  • Students are paid at least the current federal minimum wage.
  • Students are required to sign a confidentiality agreement.
  • Students are required to perform assigned work in a responsible and professional manner.
  • Students must meet their course requirements prior to working a work-study job.

Some available positions are listed here 1920 Federal Work Study Opportunities. Positions sometimes change, so this may not reflect all available positions. Visit the OneStop more information.

Federal student loans offer fixed interest rates (usually lower than private loans) and do not require a credit check or cosigner.

  • First Year Students (30 or fewer credits earned) may borrow up to $5,500 per academic year ($9,500 for independent students).
  • Second Year Students (31 or more credits earned) may borrow up to $6,500 per academic year ($10,500 for independent students).

Repayment begins six months after the borrower is no longer a half-time student.

  • Subsidized Direct loans are only offered to students who establish financial need.
    • Interest on Subsidized loans does not begin to accrue until after the borrower is no longer at least a half-time student (6 or more credits).
  • Unsubsidized loans are offered regardless of financial need.
    • Direct Unsubsidized loans accrue interest while the borrower attends college and until the loan is fully repaid. Try to exhaust other sources of aid before using this type of loan.

Direct Loan borrowers must:

Additional information, including current interest rates, Master Promissory Notes and Loan Entrance Counseling, is available at StudentAid.gov.

The Federal Parent Loans for Undergraduate Students program provides funds to the parents of dependent students for educational purposes. The PLUS loan is a credit-based option available to the parents of students who have completed their FAFSA. Parents may borrow up to the student’s cost of attendance, less any other financial aid. The student who is a dependent of the borrower must meet all eligibility requirements and must be enrolled at least half-time (6 credits per semester). The borrower will be required to sign a Loan Agreement (MPN).

Additional information, including applications, current interest rates, and Loan Agreement (MPN), is available at StudentAid.gov.

Private lending institutions offer Alternative Loans to students or parents. Student borrowers may benefit from more favorable loan terms by having a cosigner. The student (or parent) applies directly to a lender. The lender will perform a credit check and inform the student:

  • If the loan is approved
  • The interest rate of the loan
  • Origination fees
  • Whether a cosigner will be required.

Like other student loans, alternative loans must be repaid. A helpful comparison tool can be found at:

www.elmselect.com/oll/SchoolLenderList/?schoolId=8171.

Following are some recommended scholarship sources for students attending Great Bay Community College. These programs have their own eligibility, application, and/or deadline requirements. Many are restricted and some are very competitive, but they are all worth investigating.

CCSNH Foundation Scholarships

New Hampshire Charitable Foundation

The Financial Aid Office at Great Bay Community College is on the first floor of the Portsmouth campus in The College Services One Stop suite.

Office hours:

8:00am to 5:00pm Monday, Tuesday, Wednesday
8:00am to 7:00pm Thursday
8:00am to 4:00pm Friday

Mailing address:

Financial Aid Office
Great Bay Community College
320 Corporate Drive
Portsmouth NH 03801

Contact:

Phone: (603) 427-7600 Ext. 7501
Fax: (603) 334-6308
Email: gbFinAid@ccsnh.edu

Personnel:

Susan Proulx, Director

Margaret Kelly, Assistant Director

Andrew Savage, Financial Aid Assistant

70%

of students receive financial aid