You do have the option to pay the interest while in school. If you do not make interest payments, the interest will be capitalized. In other words, the interest will be added to the principal amount of your loan, and the additional interest will be based on that higher amount.
The maximum base loan amount awarded is determined by the number of earned credits.
- Freshman 0-29 earned credits $3500
- Sophomore* 30 earned credits $4500
*Students in Certificate Programs are considered Freshman regardless of credits earned.
Independent Students may be eligible for up to an additional $6000 in unsubsidized loan funds.
Dependent Students may be eligible for up to an additional $2000 in unsubsidized loan funds.
You will be contacted by our office to schedule your required Loan Entrance Counseling and receive instructions for completing your Master Promissory Note (MPN).
This is how we determine your Financial Aid Award:
Cost of Attendance (COA)
– Expected Family Contribution (EFC)
= Financial Need
Helpful Financial Aid Sites
For Veteran Benefits
Flathead Valley Community College
Financial Aid Office
777 Grandview Drive
Kalispell, MT 59901
School Code: 006777