Types of Financial Aid

Everett Community College offers a variety of financial aid options to help you pay for college, including but not limited to grants, scholarships, loans, work study and AmeriCorps awards.

Grants

Grants are federal, state and institutional funds awarded on the basis of need which do not have to be repaid. Most grant programs are from limited annual allocations and award priority is determined by financial need.

  • Federal Pell Grants are awarded to eligible undergraduate students. This is the largest federal student grant program. Eligibility is determined by the U.S. Department of Education. Your award amount is based on the Expected Family Contribution (EFC) printed on the Student Aid Report (SAR) sent directly to you after you filed your Free Application for Federal Student Aid (FAFSA).
  • Federal Supplemental Grants are for undergraduates with low family contributions.
  • State Need Grants, which come from state and federal government revenue, are offered to undergraduate Washington residents with great financial need. Eligibility is determined using a methodology established by the state and administered by the Higher Education Coordinating Board.
  • Tuition Waivers and EvCC Grants which come from Washington state revenue, are for low income students.

Scholarships

Each year, EvCC awards over 70 privately funded scholarships from the community. Scholarship awards range from $200 - $2,000. There are scholarships for incoming and returning students, as well as transfer students. More about scholarships

The General Scholarship Application can be obtained from the Financial Aid Office (Parks Student Union Building, 3rd Floor, 425-388-9280). EvCC scholarship deadlines are typically in May. We also have information on free scholarship Internet search sites. Many private scholarship searches charge a fee to provide lists of sources of financial assistance for which you may apply.

If you decide to use one of these services, you may check its reputation by contacting the Better Business Bureau or state attorney general's office.

Loans

EvCC participates in the Direct Loan Program. Student Loans are financial obligations that must be repaid and are awarded on request to students who demonstrate financial need and are attending at least 6 credits of classes (half-time enrollment). More about loans

Pay careful attention to the terms and conditions of any loan you accept to help pay for school. Do not borrow more than you need or can repay comfortably after leaving school. Additional information regarding loan programs and repayment is available, please contact our office to request this information.

Federal loans: Students may receive both Subsidized and Unsubsidized loans for the same academic period. You may have up to 10 years to repay the loan(s). Please contact the Department of Education regarding repaying your loan(s).

  • Federal Subsidized Loans - Interest is deferred while the student is enrolled in school on at least a half-time basis and during the grace period.
  • Federal Unsubsidized Loans - Interest begins to accrue when the loan is disbursed.

Alternative/Private loans: Students may also apply for private loans on www.elmselect.com. Private loans do not require financial aid eligibility, but must not exceed the cost of attendance. Please refer to Basic Expenses to Attend EvCC.

Please also refer to our Important Dates regarding last date of certification. Any students who do not meet our quarterly deadline are not guaranteed file evaluation prior to the end of the quarter. Students who then only request a one-quarter loan and DID NOT meet the quarterly deadline, may not qualify for a loan since the last date of certification is the published last date of the quarter.

Apply for a Loan

Work Study

The Federal Work Study program and state-sponsored Washington State Work Study Programs give you the opportunity to work part-time while going to school and enrolled in 6 or more credits. The student's wages are subsidized by federal or state funds. Work Study students can therefore find jobs and may be able to keep their loan debt down by earning part of their aid eligibility, rather than borrowing more loans. Jobs may be located on or off campus with government agencies, non-profit organizations or private corporations. Many offer career-related and/or community service experience. A student may work up to 16 hours per week and pay rates are the same as for comparable, non Work Study jobs. No job pays less than prevailing minimum wage. In addition, the America Reads/America Counts program offers reading and math tutoring jobs. More about work study

Segal AmeriCorps Education Award

Segal AmeriCorps Education Awards are a post-service benefit received by AmeriCorps members, including those supported through VISTA and the National Civilian Community Corps (NCCC). More about this award