NEED-BASED ASSISTANCE PROGRAMS


There are three main types of need-based financial aid that may be included in a student's financial aid award notice from the financial aid office:

  1. GIFT AID (funds are not repaid)  may be in the form of a grant, scholarship or waiver. Awards are based on student eligibility, need based on FAFSA data, and available funds. Awards are posted on the financial aid portal and do not require the student to formally accept each award.

  2. LOAN (funds must be repaid, but may be deferred while the student is in school) Federal Direct Stafford Loans are based on student request after eligibility for grants has been determined.  Loan request forms are available on the forms webpage and at the financial aid office after initial grant awards have been issued.

  3. WORK (a job for which the student is paid)  Work Study awards are based on student request after eligibility for grants has been determined. Awards are restricted by the availability of funded positions.  Each student must attend an initial Student Work Study Orientation and verify eligibility for employment before being awarded.  Watch the announcements on the financial aid office web-site for dates and times of upcoming orientation sessions.

 

YVCC ADMINISTERS THE FOLLOWING NEED-BASED AID PROGRAMS:

​Gift Aid ​Self Help Aid
FEDERAL PELL GRANT: A federal grant program. The student must enrolled for at least one credit per quarter. The student must meet federal eligibility requirements and not have earned a bachelor's degree. Eligibility ends after equivalent of six full-time years of Pell, 150% of credits required  or bachelor's degree (whichever is first). FEDERAL ​WORK STUDY: Federally funded student employment program authorized by the Civil Rights Act of 1964. The student must meet federal eligibility requirements Currently, jobs are on-campus with payment on a monthly basis. The student must be enrolled in at least six credits.
FEDERAL SUPPLEMENTAL GRANT: A federal grant program. The student must be a Pell recipient and enrolled for at least one credit per quarter. The student must meet federal eligibility requirements with priority given to Pell  recipients.STATE WORK STUDY: Washington State funded student employment program that is the second oldest state work study program in the nation. Currently, jobs are on-campus with payment on a monthly basis. The student must be enrolled in at least six credits. The student must meet federal eligibility requirements and be a Washington State resident.
WASHINGTON STATE NEED GRANT: A state grant program. The student must be a Washington State resident and be enrolled in at least three credits per quarter and must not have earned a bachelor's degree.  The student must meet either federal eligibility requirements and be a Washington State resident or meet the state residency requirements under HB 1079 (Real Hope/Dream Act). Eligibility ends at maximum of 15 full-time quarters or125% of required credits. No eligibility for associates degree for 5 years after earning an associates degree.FEDERAL DIRECT(SUBSIDIZED) STAFFORD LOAN: A low-interest federal loan program. No interest accrues on this loan while the student is enrolled at least half-time. The student must be enrolled in at least six credits and show "need" to request this loan. (Loan request forms are available after grant-eligibility is determined.)
​WASHINGTON COLLEGE BOUND SCHOLARSHIP: A state scholarship program for residents who enrolled in the program in middle school and have met all conditions. The student must meet federal eligibility requirements and be a Washington State resident who does not have a bachelors degree and has not earned an Associates degree in the last 5 years.  See also State Need Grant restrictions.​​
​TUITION WAIVER: A state-authorized grant program that pays/waives a portion or resident tuition. The student must meet federal eligibility requirements and be a Washington State resident.
YVCC GRANT: A state-authorized grant program. The student must meet federal eligibility requirements and be a Washington State resident enrolled in at least three credits per quarter.