Frequently Asked Questions About Financial Aid
Q: What is an academic year?
A: An academic year at NECI is 3-13 week terms for degree granting programs, 2-13 week terms for certification programs and 6-12 week terms for our on-line programs. An academic year is not to be confused with a calendar year.
Q: Do you offer merit scholarships?
A: Yes, NECI offers a variety of merit scholarships. Some require additional documentation to determine eligibility. It is important that the Financial Aid Office receives all pertinent documentation prior to the start of the academic year. Refer to the scholarships available and criteria in our Financial Aid Factbook.
Q: How am I charged for my education?
A: Once your enrollment deposit is received to reserve your space in the class, you will receive a bill 60 days prior to the start of each term. Any outstanding balance that is not covered by scheduled financial aid for that term is expected to be made 30 days prior to the start of each term. For program costs, please refer to the Financial Aid Factbook.
Q: Why am I charged for the internship?
A: The internship period is credit or clock hour bearing and is a required element for your program completion.
Q: Do I need to reapply for financial aid?
A: Yes, if applicable you will have to reapply for financial aid each year after January 1st. Your federal, state, and institutional aid will be determined based on the information you provide on the Free Application for Federal Student Aid (FAFSA). If you have special circumstances you would like to discuss, please call our Financial Aid Office at 877-223-6324.
Q: Do I need to notify the Financial Aid Office of any scholarships I receive?
A: Yes, you are required to report all outside sources of assistance to the Financial Aid Office, including scholarships and employer reimbursement.