Special Circumstances Scholarship - Students in Student Loan Default Status

Q: When is the deadline for Special Circumstances Scholarship - Students in Student Loan Default Status?

This grant has a rolling deadline or the deadline has not been announced.

Kennebec Valley Community College

Foundation Hardship Grants

Funding Amount

Up to $100 per credit hour; Up to $1,200 per semester (up to $1,000 during summer)

Deadline

Rolling / Open

Grant Type

foundation

Overview

Special Circumstances Scholarship - Students in Student Loan Default Status

Status: Available (funding dependent)

Geographic Scope: Maine (in-state tuition eligibility required)

Focus Areas: Emergency funding for matriculated students ineligible for other financial aid due to defaulted student loan

Eligibility Requirements

Matriculated in a KVCC program of study
Maine resident, eligible for in-state tuition
Demonstrated unmet financial need (FAFSA methodology)
Only enrolled in courses required for the KVCC program of study
Minimum cumulative GPA: 2.0
Must create official student loan repayment and Title IV reinstatement plan
Must make initial payment according to repayment plan terms before scholarship disbursement
Must continue monthly payments on time according to repayment terms
Payments must be made voluntarily (not through garnished wages or withheld taxes)
Must keep paying on time according to repayment plan terms
If payment is late, missed, or does not meet terms, student will not receive scholarship in future semester

Award Details

Up to $100 per credit hour enrolled
Up to $1,200 per semester
Up to $1,000 per summer semester
Awards made in one semester increments for up to three consecutive semesters
Based on final course enrollment after add/drop period
If recipient drops a course, scholarship is reduced
Adding a course does not guarantee scholarship increase

Important Notes

Approval made on case-by-case basis
May not be possible due to lack of available funds, lack of student unmet need, and other academic/financial factors
Once student is determined eligible for Title IV financial aid, they will no longer be funded through this scholarship
Student must submit documentation of loan repayment terms and payment status to KVCC Office of Student Financial Aid before scholarship is applied to each semester's financial aid package
Student must meet loan repayment and satisfactory academic progress terms to continue scholarship eligibility in subsequent semesters
Student may apply for emergent need financial assistance if available

Contact

KVCC Office of Student Financial Aid (207) 453-5822

How to Apply

Application Process

Applicants must apply through the KVCC Office of Student Financial Aid. Contact information:

Phone: (207) 453-5822

Location: KVCC, 92 Western Avenue, Fairfield, ME 04937

Required Materials:

Demonstration of unmet financial need (FAFSA methodology)

Proof of matriculation in KVCC program

Proof of Maine residency

Current cumulative GPA documentation (minimum 2.0)

Documentation of defaulted student loan and repayment plan terms

Proof of initial payment according to repayment plan before scholarship disbursement

Proof of monthly payment compliance for each semester scholarship is requested

Final course enrollment documentation (after add/drop period)

Note: Specific application form details not provided on website. Contact Financial Aid office for complete application process. Documentation of loan repayment status must be resubmitted before each semester's scholarship is applied.

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