Financial Aid

NNI qualifies for federal student aid through the US Department of Education. To learn more about financial assistant options you can call the Financial Aid Office at 503 245-5288 or send us a message. The office hours are from 8am to 4pm Monday through Friday.

To determine if you qualify for federal student aid you need to begin by completing When you get to the schools you want your information sent to you will need to enter the school code for NNI, 017338.

Title IV – federal funds available for those that qualify for at NNI.

  • Pell Grants
  • Student Direct Loans – subsidized and unsubsidized
  • Student Plus Loans – all unsubsidized
  • Parent Plus Loans

PELL Grants are determined by economic need. When the FASFA is completed an EFC – expected family contribution will be given to the applicant. Once you know what your EFC number is you can contact the Financial Aid Office to find out if you qualify for a PELL Grant. The type of student direct loan is also determined by economic need. The US Department of Education will pay the interest on a subsidized loan while a student is in school. The US Department of Education does not pay the interest on the unsubsidized loan, the student plus loan or the parent plus loan. Student or parent may pay the interest while in school or have it added onto the loan at the end of the six month grace period. NNI qualifies as a first year school with the maximum subsidized loan of $3500.00 for those who qualify for the full subsidized loan. The EFC code is also used to determine how much of the student’s loan will be subsidized verses unsubsidized. If the student does not qualify for the full subsidized amount or does not qualify for any subsidized funds, the remainder can be taken out in an unsubsidized loan. Dependent students may also take out an additional $2000.00 in an unsubsidized plus loan for a total of $5500.00. Independent students may request an additional unsubsidized student plus loan of up to $6000.00 for a total of $9500.00. (The Us Department of Education will take out a small processing fee for all loans.) A parent must first be approved for a Parent Plus Loan and this is determined by the US Department of Education that sends for a credit check on the parent. If the credit is approved the loan can be processed by the school. If the credit is not approved the parent has two options: secure a co-signer, or let their student take out the additional money under the student plus loan. The maximum a parent can request at NNI is $4000.00.Interest rates vary from year to year; check with the Financial Aid Office to find out what the interest rate will be for the type of loan you qualify for and year you will be requesting the loan.

To qualify for federal aid assistance an applicant cannot be in a current default status on a previous loan, cannot be in a PELL over award status, and cannot have been convicted of the possession or sale of illegal drugs while receiving federal student aid. If at any time it is determined that a current student receiving federal student aid is convicted of the possession or sale of illegal drugs they will lose the remainder of their financial aid.

Students receiving financial aid will receive payments in each of the two semesters attended. The first half of PELL funds can be requested no earlier than the Friday before the students start date as long as all required documents are on file or at the time all the documents are received. The second half of the students PELL Grant will be requested once it is determined that the students has met their satisfactory academic progress requirements. (See section on satisfactory academic progress)

All students receiving student loans, subsidized or unsubsidized, must be in school 30 days before the first half of their loan can be requested. The second half of loan funds work just as the PELL Grant funds. At the end of the students first semester they must meet the same satisfactory academic progress requirements as the PELL fund. Parent Plus loans also follow the same guidelines as the student loans.

Once the school receives financial aid for a student, the school will apply the appropriate amount of funds towards the student’s tuition; material fees; books, if purchased through the school; and application fee in the first semester if the student was unable to pay on their own. The school is only allowed to apply the first half of tuition and material fees plus books if applicable, and application fees from the first half of financial aid received. If a balance is left, the student will receive a check for the remainder to be used for living expenses. If a Parent Plus loan is received, any remaining funds will be sent to the parent to be given to their student for living expenses. When second half funds are received, again only the remainder of the second half of tuition and material fees can be applied to the students account and any remainder will be given to the student.

Satisfactory Academic Progress for Students Receiving Financial Aid

Students receiving federal student aid must show satisfactory academic progress before the second half of their financial aid can be requested. Satisfactory academic progress is expressed in a combination of credits earned, pace of progression and a cumulative grade point average of 70% or a 2pt. or above. NNI has a total of 34 credits and the program should be completed in 30 weeks, however a student has up to 45 weeks (150%) to complete the program and still be within the accepted pace. The training program is broken down into two semesters, with the first semester being made up of 3 modules ranging from 5 to 6 weeks depending on the module, for a total of 15 or 16 weeks. At the end of each module students will be given a report card that will allow them to track their GPA, weeks attended and credits earned. If a student’s GPA is below the 2pt. required, the student will meet with the School Director to discuss how they will bring up their grades. If a student has failed or withdrawn from any classes both the School Director and the Financial Aid Director will advise the student that a decision will be made at the end of the third module to determine if the student will be given a financial aid warning or a financial aid probation.

A financial aid warning will allow a student to receive the second half of their financial aid based on the understanding that the student will meet all the satisfactory academic progress requirements by the end of the fourth module. That student will be asked to submit an academic plan showing how they expect to accomplish this.

Financial aid probation will be given when both directors are concerned that the student will most likely not meet the requirements at the end of the fourth module. This can be for grades that continue to be below the required 2pt GPA and/or failed classes. Both Directors will meet with the student to explain why they came to that conclusion. No second half financial aid will be called for until the end of the fourth module and it is determined that the student has successfully met all the requirements and will be able to complete the program within the 45 week time frame.

Both decisions will be submitted to the student in writing. A student has the right to appeal the decision to be placed on financial aid probation. They must submit in writing within 5 working days of receipt of their determination explaining why they have failed to meet the requirements and how they can make sufficient changes that will result in meeting the necessary requirements for graduation within the allowed time frame. The two Directors will respond in writing to the student with regard to their final decision within 5 working days. If the Directors feel the student has provided a sufficient case to overturn the original decision then the student will be given a financial aid warning and second half checks will be requested.

Entrance and Exit Interviews

All students’ receiving federal student loans must participate in both an Entrance and Exit interview. The Entrance interview takes place at the time the first half of the student’s loan is to be disbursed. Students at NNI will meet with the Financial Aid Director to go over the Entrance Interview handbook. At that time the student’s rights and responsibilities will be reviewed; the student is instructed to read the Entrance Interview handbook; they must complete the check off list of rights and responsibilities and return it to the Financial Aid Office; and they are told that they must participate in an Exit Interview at the time they will be leaving school. The Financial Aid Office tries to arrange the Exit Interview during the week a student will be completing school. If a student is withdrawing an exit interview will take place on that date or another date will be selected. If the school is dropping a student for failing to show up, the student will be contacted to set up a time for their exit interview. If the student does not respond or a student fails to show up for their interview, the Exit Interview handbook along with information specific to their loan will be mailed to the last known address. Student will also be asked to complete the required exit interview forms, take the test and return the appropriate information to the school. For a more detailed list of the specific rights and responsibilities, contact the financial Aid Office

Refund of federal student aid

Once NNI has received written notice that a student has withdrawn from school or the school has determined the need to drop a student the Financial Aid Office must determine if a refund is due. NNI must complete two different refund calculations, one based on the US Department of Education and one based on the State of Oregon. Both refund calculations are based on a pro- rata percentage of time completed divided by the total number of days in the semester. The US Department of Education also looks at the amount of financial aid received specific to that pro rata ratio. The amount actually refunded must be the larger of the two. If the student withdraws in the first semester all second half funds will be cancelled out. Both policies state that once a student completes more than 60% of the semester no refund would be due. (NNI does not request any student financial aid until the student has actually begun school.)

Refunds following the US Department of Education worksheet are determined by calculating the number of days completed (using the actual last date of attendance) in the semester divided by the total number of days in the semester. If there is a school break during that semester or a leave of absence was taken during that time those days are subtracted out from the total days. Also if a student has been on a leave of absence and does not return the actual last date the student attended school will be used. Once that percentage has been calculated it will be multiplied by the total amount of financial aid received for that semester. That dollar amount is the aid earned by the student. To determine the amount to be refunded the total financial aid received is then subtracted by the aid earned. That is not necessarily the amount that will be returned. One final step must be completed. The institutional charges for that payment period are used to determine the amount of unearned charges. The percent completed is subtracted from 100% to determine the unearned charges. That percent is then multiplied by the institutional charges. That final amount is compared to the first amount to be refunded and whichever is the lesser amount is to be refunded. All refunds must be made within 30 days of determining a student is no longer enrolled in the school.

When a refund is due, the Financial Aid Office will apply the refund as follows: 1st unsubsidized funds will be returned; if money is still available, subsidized money will be returned; and if there is still a balance PELL funds will be returned. If no loans were received, the refund will go back to the PELL Grant funds. The Financial Aid Office must also determine if a PELL Grant over award (using the same work sheet) was given to the student. This would be unearned student expense allowances. If it is determined that an over award was made, the student will be notified and advised they will be responsible to return the over award funds to the US Department of Education. They will also be advised that they will not qualify for additional financial aid funds until their over award is resolved.

Refunds following the state of Oregon are calculated as follows: The percentage of completed days is calculated the same as the Department of Education. The school then takes that percentage and multiplies it against the tuition and material fees charged for that term. That percentage is the amount the school may retain. That amount is then added to the non refundable application fee and the cost of any books purchased through the school. The total of those figures is then subtracted from the total cost for that payment period. The amount left is the amount to be refunded. In most cases the amount is exactly the same as the Department of Education, but when that amount is larger, the larger amount must be refunded. The same guidelines are applied to determine where the funds will be refunded to.

Repayment of Loans:

Student loans, both subsidized and unsubsidized will come due 6 months from last date of attendance. Students will receive notification from the organization that will be servicing their loan while they are still in school. Prior to a loan coming due, the servicer will send the borrower information on the following: payment options; total amount due; monthly payment based on payment plan options; date first payment is due; interest rate; and option to lower interest rate by signing up for automatic withdraw payments. The student will also be advised by the Financial Aid Office during both their Entrance and Exit Interviews that they can track their loans by going to Student loans can be put on hold for various reasons, but they are broken down into two categories, a deferment or forbearance. Contact the Financial Aid Office for more details.

Parent Plus loans will come due 60 days from the final disbursement date. Both the parent and the student should have the same servicer. The parent should also receive information from the servicer advising them of the start date of repayment their repayment period, interest rate and amount payment will be.

Other funding:

Students enrolled at NNI do not qualify for Oregon state grant assistances, however for students coming from other states, please check with your state to see if they offer funds to vocational training schools. The states of Alaska and Vermont have offered students attending NNI additional financial assistance.

Veterans or children of veterans may also qualify for financial assistance through The Department of Veteran Affairs. Please contact the Financial Aid Office for further information. Vocational rehabilitation funds have also been made available to students who qualify while attending NNI.

Many Native American tribes have Tribal Educational funds available. If you are registered with a tribe you may qualify for financial assistance while attending NNI.

Many students have received private scholarship funds through local community organizations and high school programs. Through research you will find there are numerous private loans, and scholarship funds available through various organizations, agencies and service organizations that may assist with the cost of school.

NNI does not have any outside contractual agreements with private lenders.

Northwest Nanny