New England School of Communications :: 1 College Circle :: Bangor, ME 04401 :: Phone 1-888-877-1876
 
 

 

Financial Information

Financing a college education requires a student and family to work together with financial aid
personnel in order to meet educational costs. The New England School of Communications
expects that a student and their parents will assume responsibility for all costs to the extent of
their ability. For those who qualify, financial aid is then awarded based on need.

Students should not be discouraged from applying for financial aid and should make every
effort to apply for federal, state and local grants and scholarships for which they may be eligible.

Financial aid is available for those who qualify. Students seeking financial aid or the
continuance of financial aid must complete and submit the Free Application for Federal
Student Aid (FAFSA) each year. This is a minimum requirement to apply for federal and state
assistance. State and private sources may have additional requirements. Students should check
with the NESCom Financial Aid Office or scholarship donor to be certain that they are
following the correct procedure.

Financial aid awards, based upon information submitted on the FAFSA, can be a combination
of grants and loans intended to fill the gap between the student’s and his/her family’s ability to
contribute and the annual cost of attendance.

Each student who participates in Title IV funding must maintain a standard of satisfactory
progress. In order to receive a degree in Communications, each student must complete the
program with a 2.0 cumulative GPA or “C” average. At the end of each semester, a student
must achieve a 1.8 cumulative GPA to continue in the program and to be eligible for Title IV
funding. Students with a cumulative GPA between 1.8 and 2.0 at any time are put on
probationary status, in order that they are made aware that improvement is necessary in order to
complete the program and graduate.

If students qualify for financial aid and do not meet the required standards of satisfactory
academic progress, they are ineligible for financial aid until the standards have been achieved.
Students may not receive retroactive financial aid for the period of ineligibility.

NESCom participates in the following grant and loan programs:

  • Federal Pell Grant Program
  • Federal Supplemental Educational Opportunity Grant (FSEOG)
  • Federal Work Study (FWS)
  • Federal Subsidized and Unsubsidized Stafford Loan Programs
  • Federal PLUS Loan Program
  • Private Loan Programs
  • Maine State Grant Programs
  • Vermont Student Assistance Programs
  • Rhode Island State Grant
  • Massachusetts State Grant


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