Financial Aid Policy

PURPOSE

The purpose of this Financial Aid policy is to assist eligible students with the delivery of financial aid at Hudson County Community College (“College”) and to administer financial aid programs in accordance with the College’s mission, and federal and state regulations.

POLICY

The College and its Board of Trustees (“Board”) are committed to helping eligible students and their families meet educational costs through various forms of financial assistance. The College will provide eligible students with information regarding available resources to help students with their educational expenses. The College shall also develop and implement general procedures in order to take a systematic and consistent approach in operating financial assistance programs.
The College maintains a comprehensive financial aid program for students who can demonstrate need and disburses available monies to students experiencing significant financial constraints. The Financial Aid Office awards funds from federal and state sources through grants, scholarships, loans, and employment. Federal and state guidelines determine students’ eligibility and requirements. The College and the Financial Aid Office will continue to promote financial assistance opportunities to students who, without aid, would be unable to attend school.
The Board delegates to the President the responsibility to develop procedures and guidelines for implementing this policy. The Financial Aid Office shall be responsible for implementing the procedures and guidelines developed for this policy.

Approved: April 2021 
Approved by: Board of Trustees 
Category: Financial Aid 
Subcategory: Financial Aid Awarding 
Scheduled for Review: April 2021 
Responsible Department: Financial Aid Office

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