Financing Your Education
Please review our Financial Aid Fact Book thoroughly and contact us if you have questions about the financial aid process, your financial aid eligibility, or to discuss any special circumstances you may have. The Financial Planning Office can provide you with information on scholarships, private loans, and tuition payment plans. See our Net Price Calculator.
If you would like to be considered for federal, state and institutional need based aid, you must complete the Free Application for Federal Student Aid (FAFSA) electronically, and at no charge, at fafsa.gov. If you are directed to a website that charges a fee, you have entered the web address incorrectly. The FAFSA is a FREE application. NECI’s school code is 015904. Be sure to print a copy of your FAFSA application for your records.
Students, parents, and borrowers are required to use an FSA ID, made up of a username and password, to access certain U.S. Department of Education websites. Your FSA ID is used to confirm your identity when accessing your financial aid information and electronically signing your federal student aid documents. To apply for your FSA ID, visit the Federal Student Aid website.
The FAFSA data is used to determine your eligibility for a Federal Pell Grant, Federal Supplemental Opportunity Grant (FSEOG), Federal Work Study, Federal Stafford Loan, Federal Perkins Loan, Federal PLUS Loan, and state grant programs. Be aware that some state agencies require you to complete an additional state grant application as well. Check with our Financial Aid Office if you are unsure about what year FAFSA you should be completing.
You may request a paper version of the FAFSA by calling toll-free 800.433.3243. Paper FAFSA forms generally take 4 to 6 weeks to process, so you are encouraged to complete one electronically.
The FAFSA requires specific income, asset and family size information. Extenuating family circumstances not captured on the FAFSA form could include (but are not limited to) a reduction in income, high medical expenses, recent separation or divorce or dependency status.
If you or your parents have extenuating circumstances that are not captured on the FAFSA form, please contact our Financial Aid Office to discuss your situation. Call us at 802-225-3243 or email us at firstname.lastname@example.org. Your special circumstances could affect the type and amount of financial aid you may be eligible to receive.
Learn more about Federal Financial Aid.
Contact your state higher education authority to find out more information about your state's grant application process and portability information. In addition, many state higher education authorities list scholarship opportunities on their individual websites. Here are a few resources:
Vermont Student Assistance Corporation
Massachusetts Educational Finance Authority
Rhode Island Higher Education Assistance Authority
State Higher Education Resource Directory (Directory for additional state listings and contact information)
Scholarships can help finance your education, and a little research is all that is necessary to uncover the various organizations, both state and private, that make these kinds of funds available to qualified applicants. NECI also offers scholarships to students with industry experience. Our Financial Aid office staff members are here to help you navigate through this important process.
Due to the enactment of the Student Aid Provisions of the Health Care and Education Reconciliation Act of 2010, all Federal Stafford and Plus Loans will be originated through the Federal Government (Direct Lending) for all academic periods beginning after June 30,2010.
First Time NECI Students
Please go to www.studentloans.gov to complete your Stafford Loan Entrance Counseling requirement and to sign your Master Promissory Note. You will need your Federal PIN number to complete this.
Parent Plus Loan Borrowers
If you are a parent of a dependent NECI student and wish to borrow a Parent Plus Loan for your student, please go to www.studentloans.gov to authorize a credit check and to complete a Plus Master Promissory Note.
Office of Financial Aid
Please refer to our Tuition and Fees by Program, located in the NECI Financial Aid Fact Book. You can expect to receive a bill each term.