{"id":4963,"date":"2025-09-03T22:48:45","date_gmt":"2025-09-03T22:48:45","guid":{"rendered":"https:\/\/www.gcc.mass.edu\/sfs\/?page_id=4963"},"modified":"2025-12-23T20:18:27","modified_gmt":"2025-12-23T20:18:27","slug":"financial-aid","status":"publish","type":"page","link":"https:\/\/www.gcc.mass.edu\/sfs\/student-billing\/financial-aid\/","title":{"rendered":"Financial Aid Payments"},"content":{"rendered":"

The College and student must return any unearned aid to the appropriate funding sources (i.e. Pell grant, SEOG grant, Stafford Loan). If you are notified about a repayment requirement, it you must contact the Student Financial Services Office within 45 days from the date of that notification to arrange an acceptable repayment agreement. You will need to work very closely with Student Financial Services if you stop attending classes, officially drop classes or withdraw from the college.<\/p>\n

<\/span>If you have been awarded financial aid by the due date of your bill<\/div>
\n

If your financial aid award covers the entirety of your tuition and fee bill, your bill will be deferred until those funds arrive on campus (mid-October for fall, early-March for spring). If your financial aid award covers a portion of your bill, you are responsible for paying the remaining amount by the due date. If you cannot pay the remaining balance by the due date, you must sign up for the payment plan. Failure to pay your balance in full or sign up for the payment plan may result in an administrative hold or late fee being applied to your account.<\/p>\n<\/div><\/div>

<\/span>If you have not been awarded financial aid by the due date of your bill<\/div>
\n

If you have not been awarded financial aid by the due date of your bill, you must either pay your bill in full or sign up for the payment plan<\/a>. When participating in the payment plan, your first payment will include one quarter of your bill plus the one-time per term payment plan fee. If you eventually receive financial aid funds in excess of your balance, the excess amount will be refunded to you during the next refund cycle. In addition, you will not be required to make additional payment plan payments as long as you remain eligible for the aid awarded to you. However, the $35 payment plan fee is non-refundable. If you do not pay your balance in full and you do not sign up for the payment plan by the due date, you will be charged a late fee of $35 if your balance is $100 or greater.<\/p>\n<\/div><\/div>

<\/span>If your financial aid is reduced after you've enrolled in the payment plan<\/div>
\n

Financial aid awards are tentative and based on your continued enrollment and other eligibility requirements. If you become ineligible for any award after you have included it when completing your billing worksheet and\/or payment plan calculation, you should visit the Student Financial Services Office to revise your payment obligation. Whenever you decide to change your class schedule by reducing or increasing the amount of credits you will be taking, always check with the Student Financial Services Office to determine how it will affect your aid and your tuition and fee bill.<\/p>\n

If you receive an overpayment of financial aid due to a determination of ineligibility, you will be responsible for any additional balance that results from a reduction in your financial aid. In addition, if you’ve already received a refund for excess aid that you subsequently became ineligible for, you will be required to repay that amount to the school.<\/p>\n<\/div><\/div>\n

<\/span>Health insurance and financial aid<\/div>
\n

Federal financial aid funds will not cover the cost of health insurance without your written authorization. If you need to purchase insurance because you are not covered under a comparable plan, and if you expect your financial aid to pay this charge, you must authorize it in writing<\/strong> by completing the appropriate section of the Acknowledgements & Certifications form found in MyGCC.<\/div><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The College and student must return any unearned aid to the appropriate funding sources (i.e. Pell grant, SEOG grant, Stafford Loan). If you are notified about a repayment requirement, it you must contact the Student Financial Services Office within 45 days from the date of that notification to arrange an acceptable repayment agreement. You will […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":4867,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_mc_calendar":[],"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-4963","page","type-page","status-publish","hentry"],"publishpress_future_action":{"enabled":false,"date":"2026-05-28 14:44:38","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"pp_notify_user","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.gcc.mass.edu\/sfs\/wp-json\/wp\/v2\/pages\/4963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gcc.mass.edu\/sfs\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.gcc.mass.edu\/sfs\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.gcc.mass.edu\/sfs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gcc.mass.edu\/sfs\/wp-json\/wp\/v2\/comments?post=4963"}],"version-history":[{"count":12,"href":"https:\/\/www.gcc.mass.edu\/sfs\/wp-json\/wp\/v2\/pages\/4963\/revisions"}],"predecessor-version":[{"id":5348,"href":"https:\/\/www.gcc.mass.edu\/sfs\/wp-json\/wp\/v2\/pages\/4963\/revisions\/5348"}],"up":[{"embeddable":true,"href":"https:\/\/www.gcc.mass.edu\/sfs\/wp-json\/wp\/v2\/pages\/4867"}],"wp:attachment":[{"href":"https:\/\/www.gcc.mass.edu\/sfs\/wp-json\/wp\/v2\/media?parent=4963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}