At National College of Natural Medicine, we understand that furthering your education will mean a significant investment of your time, energy and resources. NCNM participates in federal financial aid programs, including loans and work study.
Financial aid is available to students enrolled at least half-time. NCNM’s definition of half-time enrollment is 5.5 credits; and full-time is 11 credits, for all degree seeking programs. All students applying for federal financial aid are required to file a Free Application for Federal Student Aid (FAFSA) form. This document becomes available on January 1 each year. Additionally, students must have been accepted and paid all required fees and deposits at NCNM to receive financial aid information. Eligibility for financial aid is determined using a federal methodology formula as outlined by the U.S. Department of Education.
As NCNM is a graduate institution, all students are considered “independent” and are eligible to receive the maximum allowable in federal loans. Students receiving federal financial aid are required to disclose all outside resources received on their behalf to the Financial Aid Office. These resources will be included and calculated as part of their financial aid award packet. To continue to receive financial aid, the student must make satisfactory academic progress, as defined by the academic policies, and must be enrolled at least half-time to qualify for federal aid.
Financial Aid Awards and Priority Packaging Date
The financial aid awarding process begins in early spring of each academic year for matriculated students, and late spring for new students entering NCNM. NCNM’s priority packaging date is February 15 each year for need–based aid consideration.
The Financial Aid Office can advise the student about sources of financial aid and budgeting strategies. This office is available as a resource even after the student leaves the college. Alumni may contact the Financial Aid Office for information about confidential counseling on students’ debts and loan repayment, both by phone and e–mail. We want to provide you with clear and concise information about financial aid. This is a brief overview of federal financial aid programs available to eligible students at NCNM.
To be considered an “eligible student,” you must be a U.S. citizen or permanent resident and be enrolled at least half–time at the college. Students who attend NCNM on an F–1 Visa (foreign students) are not eligible to participate in federal student aid programs.
Change of Program Track & Adding/Dropping Courses – Effect on Financial Aid
Students receiving federal financial aid must provide their Student Status Change Form or Add/Drop Form and schedule a meeting with the Financial Aid Office staff to discuss program changes that may affect their eligibility for financial aid. Students must continue to make satisfactory academic policies, and maintain at least half-time enrollment in required courses applicable to their program of enrollment to qualify for federal aid. Academic or elective credits not required for degree completion are ineligible for federal aid.
Free Application for Federal Student Aid (FAFSA)
To apply for federal student financial aid, and to apply for many state student aid programs, students must complete a Free Application for Federal Student Aid (FAFSA). The information you provide on your FAFSA determines if you are eligible for financial aid. The Federal Title IV school code for NCNM is B07624. The application and other important information is located at http://www.fafsa.gov.