Frequently Asked Questions About Financial Aid

Q: What is an academic year?

A: An academic year at NECI is 2-15 week semesters for all programs. An academic year is not to be confused with a calendar year.

Q: Do you offer merit scholarships?
A: Yes, NECI offers merit scholarships. The scholarship requires an additional form to be filled out. Please refer to the Academic Catalog for scholarship information.

Q: How am I charged for my education?
A: Once your enrollment deposit is received to reserve your space in the class, you will receive a bill 45 days prior to the start of each term. Any outstanding balance that is not covered by scheduled financial aid for that term is expected to be made 14 days prior to the start of each term.

Q: Why am I charged for the externship?
A: The externship period is credit hour barring and is a required element for your program completion.

Q: Do I need to reapply for financial aid?
A: Yes, if applicable you will have to reapply for financial aid each year after October 1st. Your federal, state and institutional aid will be determined based on the information you provide on the Free Application for Federal Student Aid (FAFSA). If you have special circumstances you would like to discuss, please call our Financial Aid Office at 877.223.6324..

Q: Do I need to notify the Financial Aid Office of any scholarships I receive?
A: Yes, you are required to report all outside sources of assistance to the Financial Aid Office, including scholarships and employer reimbursement.