Financial aid

Eligibility & Conditions

• A student must be accepted for enrollment at the college/seminary before an offer of financial assistance is made.
• Enrollment status: In order to qualify for most federal or institutional aid, a student must be enrolled at least half-time (six credit hours) for the Undergraduate program or two courses for the Masters program. Some aid programs require full-time status.
• In order to qualify for Title IV funds, a student must be enrolled in a program leading to at least an Associate’s degree.
• Citizen/Eligible Non-Citizen – You must be one of the following to receive federal student aid:
  • U.S. citizen
  • U.S. national
  • Eligible non-citizen
• A student will not qualify for federal (Title IV) aid if he/she is in default status on any federal loan or owes a refund on grants previously received.
• Any student receiving financial aid must maintain satisfactory academic progress (SAP) in the course of study being pursued, as defined by the institution.
• Need-based federal aid is awarded on the basis of demonstrated financial need. Need analysis is performed using the information on the FAFSA.
• At no time may a student receive need-based aid in excess of his or her demonstrated need determined after considering all other resources available. Generally, need is defined as the difference between the cost of attending CCCTS and the amount the student and his or her parents or spouse can reasonably be expected to contribute (including summer savings and earnings).
• Financial assistance awarded through CCCTS may be revoked at any time if there is evidence that the conditions of need and merit are not as represented in the original financial aid application, or should the student fail to meet the published requirements.
• All federal assistance offered is subject to the receipt and availability of Title IV funds by the institution.
• An award of aid does not imply any obligation or commitment on the part of CCCTS to continue to award beyond the period stated in the award letter.
• Students may only receive federal aid from one school at a time, even if attending two schools simultaneously.
• Regulations governing federal student aid programs are subject to change. Special student circumstances may influence a student’s eligibility for aid. If you have questions, contact CCCTS’s Financial Aid Office for clarification of any special situations that could affect your eligibility.

Dependent/Independent Status

To determine whether a student is dependent or independent, Charlotte Christian College and Theological Seminary uses the following definition established by the U.S. Department of Education:

A student is automatically considered dependent unless he/she:

• is 24 years old by Jan. 1 of the award year (e.g., for the 2012-2013 school year the student’s birth date would have to be prior to Jan. 1, 1988).
• is a veteran of the U.S. Armed Forces.
• is pursuing a graduate or professional degree.
• is married at the time of application.
• is an orphan or was a ward of the court until age 18.
• has qualified legal dependents other than a spouse.

Along with Federal Financial Aid that includes the Pell and Student Educational Opportunity Grants, Stafford Subsidized and Unsubsidized Loans there are other funds available for students to apply for. Once accepted at CCCTS you are eligible to apply for numerous grants and scholarships through the Financial Aid Office that are funded by friends of CCCTS and through generous donations. There are also opportunities in the community such as your local church, businesses, industries and local clubs (Rotary, Kiwanis, and Lions) that may be interested in assisting you with your educational tuition.

CCCTS also recognizes our Veterans and does accept VA Benefits and is a participant in the Yellow Ribbon Program for those that are eligible, see the Financial Aid Office for more information.

Disbursement Procedures

All Federal and Institutional monies awarded to each student will be deposited directly into an account set up with Wells Fargo Bank. The applications for Direct Deposit are available in the Financial Aid and Registrar’s Office. All applications are to be turned into the Business or Registrar’s Office for processing. CCCTS does not issue checks or give cash to its students.

Payment Options

The institution offers a Monthly Payment Plan (MPP) for qualifying students. This is a method to finance your education, interest free, one semester at a time. For more information about the MPP please consult the most recent Catalog or contact the Business Office.

Contact CCCTS

Hours of Operation
Monday – Friday: 8:30 am – 5:30 pm
Saturday – Sunday: Closed

Physical Address
7520 E. Independence Blvd., Suite 100
Charlotte, NC 28227-9664

Phone: 704-334-6882