KVCC Grants and Scholarships

Grants and Scholarships

 

Outside Scholarships:  For a list of Outside Scholarships, click here

Index:

 Federal Pell Grant:

These grants are for income eligible students and are the first and largest grants to be awarded. All eligible students will receive an award. Other awards may be added to the student's "financial aid package" to meet remaining student needs.

  • Awards are available to full-time (12 or more credits per semester), three-fourths-time (9 to 11 credits per term), half-time (6 to 8 credits per term) and less-than-half-time (1 to 5 credits per term) enrolled students.

  • Only undergraduates who have not yet earned a first baccalaureate degree are eligible.

  • Pell Grant life-time eligibility is capped at the equivalent of 12 full-time semesters (this amount is prorated for part-time students—for example, 24 half-time semesters, 18 ¾-time semesters).  Two full-time semesters equals one award year, and the Department of Education considers that 100%.  Therefore, maximum lifetime Pell eligibility is 600%.  Students can go to www.nslds.ed.gov sign in using their federal PIN, and check the percentage of Pell eligibility they have used.  An approximation of the amount of Pell the student has used appears as a comment on the student's FAFSA.

Federal Supplemental Educational Opportunity Grants (FSEOG)

FSEOG's are awarded to students with exceptional need who are also receiving Federal Pell Grants. All part-time and full-time students may qualify for awards, but due to limited funding, all eligible students will not receive awards. Only undergraduates who have not yet earned a first baccalaureate degree are eligible.

 

State of Maine Grant Programs

These awards are to students by the State of Maine who demonstrate a level of financial need and are full-time students. Part-time awards are available only to students with a certain level of need that are enrolled at least half-time (6 to 8 credit hours per term). Only undergraduates who have not yet earned a first baccalaureate degree are eligible. Students may only receive the Maine State Grant award for a maximum of 10 full-time semesters or its equivalency.

 

Bernard Osher Scholarship

These are available to students who are Maine residents who have a financial need and enrolled full-time (12 credit hours per term) in associate degree programs. Recipients will be known as Osher Scholars and must maintain a 2.5 cumulative grade point average to retain eligibility for continued awards during each year of enrollment.

 

Osher Scholarship for Associate of Arts in Liberal Studies

This are granted to first-semester, first-year students who are Maine residents taking at least six credits in their first semester and who have accumulated no more than 24 college credits. 

 

 KVCC Foundation Scholarships (Revised 3/2015):

 

Criteria for Eligibility:

·         In order to apply, students must be in good academic standing (students who attend for the first time in the fall are considered to be in good academic standing).

·       Students must be registered in at least six credits in the semester for which they are applying for a Foundation scholarship.

·         Students must demonstrate an unmet financial need as determined by the KVCC financial aid process (federal  methodology).

·        Priority consideration is given to students who submit a completed application form by August 15th.

·    Students with Bachelor’s degrees can be awarded  a Foundation scholarship, unless a particular fund specifically prohibits it.

Procedure:

 ·         Applications for Foundation scholarships will be sent by e-mail to all students in spring of each year, with reminders sent throughout the summer.  In addition, the form is available on the KVCC Foundation web page.  To access the Foundation page, click  here, then scroll down to the bottom of the page.

·         A Scholarship Committee will consider all applications, and will select scholarship recipients on a continuing basis beginning early in the fall semester. 

·         Awarded students will receive an e-mail notifying them of their award (scholarship name and amount).  They will also receive information from the KVCC Foundation Office concerning the thank-you note that is required.

·         Students will be required to write a thank-you note, and their scholarship will not be disbursed until the thank-you note has been received by the KVCC Foundation Office.

·         The scholarships will typically be applied to the spring semester, with the award being contingent on the student successfully completing the fall semester and meeting Satisfactory Academic Progress standards. Students with a GPA of 2.0 will be considered with a preferred GPA of 2.5.

 

 

 

 

For more information on KVCC Foundation scholarships and other scholarships and grants available through KVCC from the Maine Community College System Office and from private sources, please contact the Financial Aid Office (1-800-528-5882, ext. 5160).