Financial Aid & Scholarships

Students studying at a table.

Fall 2020 Financial Aid Calendar



Bookstore Charges

August 21-September 18, 2020

Fall Semester Start Date

August 31, 2020

Last Day for Payment Plan

September 4, 2020

Census Date (midnight)

September 14, 2020

Financial Aid Disbursements by Date

Financial Aid Disbursements Date

Pell Grants & first half of Fall Direct Loans*

October 2, 2020

2nd half of Direct Loans for Fall-only Loans**

October 30, 2020

*Students with Fall/Winter loans will receive their Fall disbursement on October 2, 2020. Unless they are enrolled in ALL late starting classes, in most instances, students enrolled in all late starting classes will receive their first Fall disbursement within a week of their classes starting.

**Students with Fall-only loans will receive their balance in two disbursements.

Constitution Day is September 17, 2020

Constitution Day and Citizenship Day is observed each year on September 17 to commemorate the signing of the Constitution on September 17, 1787, and "recognize all who, by coming of age or by naturalization, have become citizens." There will be a table in the Student Center from noon-2 pm where copies of Constitution will be made available for you if you would like a copy. Also, information about Constitution Day will be posted on our GRCC Facebook page.  

Coronavirus Loan Repayment Relief

The federal government is providing relief to loan borrowers as a result of the COVID-19 national emergency.

Read information on the Coronavirus Loan Repayment Relief

COVID-19 Frequently Asked Questions

Q: How can I submit my outstanding financial aid documents?
A: The Financial Aid Office is receiving USPS mail and faxes. For the 2020-21 FAFSA, log into your StudentForms portal and upload requested verification documentation.

Q: What do I do if I have a financial hardship as a result of the classes being cancelled or any other issues concerning COVID-19?
A: Please contact the Financial Aid Office with any financial hardship concerns at please call us at (616-234-4030) or email us at

Q: Is the Financial Aid Office still open during this time.
A: The GRCC campus is open. The Financial Aid Office is happy to meet with you by phone, online or in person. Call (616-234-4030) make your appointment, or make your appointment online

Q: I don't have/can't afford internet access or access to a computer. What options do I have while my classes are moved online?
A: If you feel that you will be unable to be successful in online coursework due to a financial hardship, please contact us at (616) 234-4000 or email

Q: How is federal student loan interest being calculated at this time?
A: From March 13, 2020, through Sept. 30, 2020, the interest rate is 0% on the following types of federal student loans owned by ED:

  • Defaulted and non defaulted federal direct loans
  • Defaulted and non defaulted FFEL Program loans
  • Defaulted and non defaulted federal Perkins Loans

Please note that some FFEL Program loans are owned by commercial lenders, and some Perkins Loans are owned by the institution you attended. These loans are not eligible for this benefit at this time.

Q: How can I use my financial aid to buy books and supplies for my summer semester classes?
A: A Bookstore Release Form is available and can be accessed via the Financial Aid tile on the Online Center. This will allow you to purchase books and supplies and have them mailed to you.

Qualifying for financial aid

GRCC students receive an education that rivals top Michigan universities for a fraction of the cost. We are committed to ensuring your education is financially possible by working with you to identify grant, scholarship and loan options unique to your needs and academic goals.

Your first step to qualify for most financial aid programs is to complete the Free Application for Federal Student Aid (FAFSA) to see if you are one of the millions of students that qualify each year. To begin, you will need an FSA ID & Password.

FAFSA is now available on your mobile device by downloading the myStudentAid mobile app.

If you need help filling out the FAFSA or determining which financial aid options are best for you, schedule an appointment with one of our financial aid specialists or walk in during Enrollment Center business hours.

  • Taking classes during the Fall 2019, Winter 2020, or Summer 2020 semesters? Fill out the 2019-2020 FAFSA based on your 2017 income information. Or download the myStudentAid app.
  • Taking classes during the Fall 2020, Winter 2021, or Summer 2021 semesters? Fill out the 2020-2021 FAFSA based on your 2018 income information. Or download the myStudentAid app.
  • State aid recipients: You must complete a FAFSA to be considered for any form of state aid.

Important News

Loss of Income/Job due to COVID-19 or Economic Downturn

Grand Rapids Community College recognizes that many households have had a significant drop in income in the 2020 calendar year due to the pandemic and accompanying economic downturn. The information provided on the 2020-2021 FAFSA by students and families may not reflect the current economic situation.

Students, their spouses and parents (if the student is dependent) who have suffered a loss of income and/or job due to the COVID-19 pandemic or economic downturn should submit a Special Consideration Form found on our Forms page.

GRCC will review and process these requests as soon as possible; please allow at least two weeks for processing. The Financial Aid Office will send an email to the student’s GRCC email address with any additional documentation requirements. After the documentation has been reviewed, the Financial Aid Office will send an email detailing the outcome of the request. If there is a change to the student’s financial aid awards, this information can be found on the student’s GRCC Online Center under the financial aid tile.

If you have questions or need further information, please contact us.

Check out our YouTube Channel!

You can now access some great information on the Financial Aid channel on GRCCtv on YouTube.

Student Loan Interest Rates for 2020-2021 Award Year on Track to Drop Sharply

Interest rates are determined each June 1 for the upcoming award year by adding a fixed percentage to the high yield of the 10-year Treasury note auctioned at the final auction prior to June 1. As a result of the auction on May 12, 2020, the interest rate for federal loans first disbursed on or after July 1, 2020 is expected to decrease from 4.53% to 2.75% for undergraduate Direct Loans, from 6.08% to 4.30% for graduate/professional Direct Unsubsidized Loans, and from 7.08% to 5.30% for Parent and Grad PLUS loans. The interest rate caps for these loans are 8.25%, 9.5%, and 10.5%, respectively.

Secure File Upload for Financial Aid Forms

Students can now upload their financial aid forms via their Online Center:

  1. Sign into your Online Center.
  2. Select the Financial Aid tile.
  3. Select "Submit Files to Financial Aid” and upload your file.