Catalog - Virginia Intermont College

Admissions, Expenses & Financial Aid 40
Virginia Intermont Tuition Scholarships and Grants are awarded to students
showing the appropriate need and/or merit. Amounts vary based on individual
student analysis.
State Scholarships and Grants are available in a number of states other than
Virginia. Non-Virginia residents should investigate the program in their state by
contacting the Financial Aid Office.
LOANS
Various plans are available to students who need to borrow funds to assist them
in financing educational costs.
Federal Direct Stafford Loans are low-interest loans made to students attending
school at least half-time. Loans are made by a lender such as a bank, credit
union or savings and loan association. Students must complete an Application
for Federal Student Aid. A student can qualify based on need but may also be
eligible for an unsubsidized loan, regardless of income. Loan applications may
be obtained from lenders or from the Financial Aid Office at Virginia Intermont
College.
Federal Plus Loans - please contact the Financial Aid Office for information on
these non-need based loans for parents and independent students.
Federal College Work-Study Program - the College Work-Study rogram, in which
the Federal Government and the College jointly provide funds, is available to
students who have financial need. Under this program, students work from five
to twenty hours per week in on-campus jobs and earn at least the minimum
wage level as a means of meeting some of their college expenses.
Campus Employment - some part-time work is available in the College cafeteria,
library, offices, and Student Center. Work positions are available to all students
who apply to the Human Resources Office; however, preference is given to
students who establish their need through filing the Family Financial Statement.
Virginia Intermont College 2012–2013 College Catalog