What is Student Financial Aid (SFA)?

• SFA is assistance for students matriculated (formally accepted) in a financial aid-eligible program, i.e., those programs with total program credits of 16 or more.

• Eligibility for financial aid is based on the number of credits for which a student is enrolled in a particular semester. NHTI defines enrollment as:

  • Full time = 12 or more credits per semester
  • ¾ time = 9-11 credits per semester
  • Part-time = 6-8 credits per semester

• Students not planning to enroll at least half-time (6 credits) should check with the Financial Aid Office to determine eligibility.

• It helps to cover educational expenses, including tuition and fees, room and board, books and supplies, and transportation.

Most aid is need-based, and the four types of aid are grants, loans, Federal Work-Study and scholarships. Information and application materials for these programs are available from the Financial Aid Office at (603) 271-7135.

Financial Aid is sometimes available in the student's hometown through Local agencies and organizations. Listings of such sources are available through high school guidance counselors. New Hampshire Higher Education Assistance Foundation (NHHEAF) has information on other financial resources.

NHTI's priority deadline is May 1 for the receipt of the following:

• electronic receipt of the Free Application for Federal Student Aid (FAFSA)
• NHTI financial aid verification form
• appropriate tax returns if requested

The Financial Aid Office encourages all students who are interested in receiving aid to apply for admission to NHTI before January 1 to assure timely processing of financial aid awards.

Federal regulations and NHTI policy require that students continue satisfactory academic progress and remain in good academic standing to receive federal or state financial aid.

• Federal Pell Grant is a form of financial aid that does not have to be repaid.
• Academic Competitiveness Grant (ACG) is a form of financial aid that does not have to be repaid.
• Federal Supplemental Educational Opportunity Grant (SEOG) is a form of financial aid that does not have to be repaid.
• Federal Work-Study money is for educational expenses and is paid by the school for on-campus or community-based work. Students receive pay checks as work is completed.
• Federal Perkins Loan is a low interest loan available to NHTI students who demonstrate financial need.
• Federal Family Education Loans Program (FFELP) are low interest loans and include Federal Subsidized Stafford Loans, Federal Unsubsidized Stafford Loans and Federal Parent Loans (PLUS).