Financial Aid Office
At North Idaho College (NIC), financial aid consists of
scholarships, grants, loans, work-study, and grants-in-aid. The purpose of
these aid types is to assist students who, without this aid, would be unable to
attend college. The NIC Financial Aid Office (FAO) is committed to assisting
students in paying for their education while assuming as little debt as
possible. As a result, unsubsidized loans are discouraged and non-debt related
types of aid are leveraged whenever possible.
Complete your FAFSA (Free Application for Federal Student Aid)
Submit your FAFSA earlier than ever before: You are now able to complete and submit your FAFSA as early as October 1, 2020, for 2021-2022 Federal Financial aid. Before, students had to wait until January 1st each year to submit the application.
Use earlier income information: In order to submit the FAFSA earlier, you will report income from an earlier tax year, called “Prior-Prior Year”. Instead of using the upcoming year’s tax information (2020), applicants will go backward and use 2019 income information.
| School Year | NIC Semesters | FAFSA Year | Tax Year Used | State Priority Date |
|---|---|---|---|---|
| 2020-2021 | Fall 2020, Spring and Summer 2021 | 2020 | 2018 | Varies |
| 2021-2022* | Fall 2021, Spring and Summer 2022 *Available to complete 10/1/2020 |
2021 | 2019 | Varies |