What You Need to Know About Applying for Federal Student Aid
To be eligible for any form of financial aid, students must fill out the Free Application for Federal Student Aid (FAFSA) online form on the FAFSA website. When applying, use the following school codes for Valley College.
- Online: 026094
- Martinsburg: 026094
- Cleveland: 026094
- Beckley: 030844
- Princeton 030842
Eligibility Requirements: For information regarding Student Eligibility click here to access the U.S. Department of Education’s The Guide to Federal Student Aid 2018-2019
Any student borrowing under the Direct Loan Program for the first time is required to complete Entrance Counseling. click here Direct Loan Entrance Counseling Guide. to access the U.S. Department of Education’s Direct Loan Entrance Counseling Guide. When the loan is being processed, a first-time borrower must sign a Master Promissory Note (MPN). The promissory note should be signed electronically at www.studentloans.gov. The electronic confirmation of entrance counseling and completion of an MPN are sent directly to the Financial Aid Office.
To Complete Entrance Counseling Online click
All Valley College students who have borrowed a Federal Student Loan (Title IV Loan) must complete Loan Exit Counseling upon leaving the institution. Click here Direct Loan Exit Counseling Guide to access the Federal Student Aid’s Loan Exit Counseling Guide.
Please have your US Department of Education four-digit personal identification number (PIN) ready before you start the process. Remember to submit the session when you are finished so that the results will be sent electronically to Valley College. If you have questions about the status of your Federal Direct Loan(s), please contact Borrower Services at 800-848-0979.
To Complete Exit Counseling Online click
Loan Repayment Information
William D. Ford Direct Loans do not have to be repaid until six (6) months after the student graduates (completes his or her program) or ceases to be enrolled in a program. Only one six-month grace period is granted to each student. The repayment process for parent loans begins within sixty (60) days after the last disbursement for the year. To view repayment plan options go to www.studentaid.gov/repay-loans/understand/plans.
Get Guidance On Your Funding Options
The dedicated Financial Aid Advisors at Valley College are happy to help you explore your options and understand the funding services open to you.
If you or someone you care about has questions about Financial Aid, programs or anything else, please call the campus nearest you to speak with a friendly and knowledgeable Advisor.