Students who do not meet these deadlines run the risk of paying out of pocket for tuition, fees, and books because of a late or incomplete financial aid application. A deferment is a period during which you are entitled to postpone repayment of your loans. Please remember that the lender may retain an origination fee. You will receive $1,750 (minus what you owe the school) 30 days after the start of the Fall semester and $1,750 (minus what you owe the school) 30 days after the start of the Spring Semester (see refund dates). In order to receive financial aid, you must be taking classes that work toward a degree or certificate offered at NCTC. These items may include, but are not limited to, tuition, fees, textbook charges, library fines, parking tickets, returned check charges, etc. When and how will I receive my financial aid at NCTC? Are there other websites to look for scholarships and additional resources? Submit a FAFSA Apply for Veterans Benefits Types of Financial Aid This website has additional information about state grants, exemptions, and waivers. Students must enroll in at least six credit hours each semester, meet Standards of Satisfactory Academic Progress, and not have a previously defaulted loan(s). Yes. You will receive one half each semester in which you are enrolled at least six hours and meet North Central Texas College Satisfactory Academic Progress as determined by the Financial Aid Office. Example: You were awarded $3,500 for the Fall/Spring term. Late or incomplete financial aid applications will be accepted and processed past the semester priority deadlines, but students must make arrangements to pay for the semester prior to school starting or at the time of actual registration. Yes. NCTC has six campuses throughout North Central Texas. In addition, you must have an adequate GPA (2.0). Welcome to the North Central Texas College Online Financial Aid System. If you have not begun the financial aid application process, you can get started online by completing the Free Application for Federal Student Aid. Do I have to wait until I am admitted to the college before I apply for financial aid? An origination fee of 4.228% is charged upon disbursement. Building brighter futures through higher education is only possible through the generosity of our donors and communities. * If all requested documents are submitted by the published deadline dates, financial aid funds will be disbursed on the scheduled date. The enrollment period is the single semester (August to December or January to May). Question 23. The amount of Pell Grant that you receive is based on the number of hours you are currently taking. You will go into your grace period starting the date you drop below half time and any future disbursements will be canceled. www.fastweb.com (FastWeb)Good Scholarship Search program. Tuition is not the primary funding source for most Community Colleges. FAFSA applications are still processed after the priority deadline, however, students may have to secure classes by paying tuition out-of-pocket because their FAFSA application did not meet the deadline. This must be done every year. You will then be notified through your NTC email account when your financial aid awards become available. It is the students responsibility to review all financial aid policies and the Financial Aid Guide. September 23, 2022. Be registered with Selective Service, if required. You will then be notified through your, Before borrowing any federal student loans all students are required to complete entrance counseling and master promissory note (loan agreement). House Bill Eligibility Statement. Direct Loan (DL) Eligibility Requirements. Phone: 877.327.9515, After we receive notification that your FAFSA has been completed, a confirmation letter will be mailed to you. College financial aid disbursement refers to the aid payment process, which typically happens around the time classes start in the form of a credit to the student's account. All jobs are located on various campuses and currently pay $8.00/hour. You can: To access the online system, enter your Web ID and your password. I still owe money for the installment plan. Its not just how to apply for financial aid, theres a lot you need to understand about your financial aid awards and how academic performance, policies, and other factors can impact them. Your support invests in a better tomorrow for all North Central Texas. All dates are subject to change. NCTC's priority consideration dates for financial aid (FAFSA and all documents submitted): Check the status of your FAFSA Application, View a list of documents we've received from you and a list of the documents still outstanding, View your student loan history from NSLDS. You will then be notified through your NTC email account when your financial aid awards become available. However, it is best to complete your tax return early and provide accurate information. Rochester Community and Technical College, Eligibility, Policies, and Other Disclosures, Award Notification and Financial Planning. If a student has more financial aid than college charges, the balance will be distributed approximately 30 days after classes start to the multifunctional Student ID MasterCard (unless the student designates another financial institution). I've missed the NCTC May 1st priority deadline for the fall semester. Some programs, particularly grant programs, have limited funds, so the earlier we receive your application and all supporting documents, the greater the chance for you to receive funds from these programs. Note: Students must maintain all eligibility requirements at the time of disbursement to receive FSA funding. IMPORTANT CHANGE to the disbursement of all Federal Direct Student Loans: All student loans will be split between two equal disbursements each semester. You are eligible for deferment only if you are enrolled at least half time. > LIONS > FINANCIAL AID > DISBURSEMENT DATES. Fri . Financial Aid awards cannot be disbursed until the attendance in class has been confirmed. NOTE: Costs calculated at 30 hours per academic year, off campus. The dates listed above represent the last day to submit a complete appeal or documentation If you don't remember your Web ID, please contact the Financial Aid Office at finaid@nctc.eduor by phone at 940-668-4242, OR you can click on Forgot your WebID to the left. If I have already received my financial aid award letter package and later receive an additional scholarship, will my awards change? Students who have multiple start dates within a semester cannot receive aid until Must be a citizen or eligible non-citizen. FAFSA Application. The enrollment period is the entire academic year (August to May). Tues, Feb 28 ***1st Loan Disbursement + Grant Disbursement Balance (if applicable) Refunded to Student for Term 2 onlyStudent . No, apply as soon as possible after January 1 and list the codes for all schools that you are considering on the Free Application for Federal Student Aid (FAFSA). Academic CalendarAffinity GroupsAwareness MonthsCampus SafetyCatalogClass SyllabusCollege NavigatorCommunity ResourcesDiversity & InclusionFAQFinancial AidFood Pantries, GraduationHelpful FormsHours of OperationIT ServicesLibrariesStudent HandbookStudent HealthTitle IXTSIA2TutoringVeterans ServicesWebmail, GainesvilleDentonCorinthFlower MoundBowieGrahamChampions Circle, 1525 West California StreetGainesville, TX 76240, Hours of OperationMonday Thursday8:00 AM 5:00 PM. Financial aid funds are electronically credited to a student's bill as long as the aid has been accepted in the NCTC Financial Aid Portal and all loan required documents have been received. Financial aid funds are electronically credited to a student's bill as long as the aid has been accepted in the NCTC Financial Aid Portal and all loan required documents have been received. You will receive one half each semester in which you are enrolled at least six hours and meet North Central Texas College Satisfactory Academic Progress as determined by the Financial Aid Office. Financial Aid Resources The surest way of securing financial aid is to submit a Free Application for Federal Student Aid (FAFSA). You may use the loan money you receive only to pay for your education expenses at the school that is giving you the loan. A simple formula determines your need at NCTC: cost of attendance minus Expected Family Contribution minus any other financial aid equals financial need. NCTC has 6 campus locations. Must meet satisfactory academic progress as determined by the Financial Aid Office. To maintain Satisfactory Academic Progress you must be completing an acceptable percentage (67%) of attempted course work. Students receiving Direct Loans must be enrolled at least half time to receive funds, completed Loan Entrance Counseling and signed a Master Promissory Note. Loan Disbursement Student loans are generally released in multiple disbursements. Two disbursement during the Fall Semester and two during the Spring Semester. Check the status of your student loans for the current year. Scholarships are grants or payments awarded on the basis of academic achievement, merit, need, classification, etc. Financial Aid students may purchase books at our campus bookstore from August 1st - September 1st for Fall 2022. You must then accept, edit, or decline your awards for them to be processed. Check Lion365 for when to register and get ready for whats next! Summer refunds vary based on individual student's course start date. All funds are received electronically and are posted to the student's billing account to pay university authorized tuition and fees. To qualify for summer student loans you must have unused funds remaining from the school year and must be registered for at least 6 hours. The U.S. Department of Education released official cohort default rates once per year. Interest is not generally charged to you during a deferment on your subsidized loans. The first disbursement for first-time borrowers will be 30 days after the students earliest course start date if enrolled at least half-time. If you did not live with one parent more than the other, answer in terms of the parent who provided the most financial support during the last 12 months or during the most recent calendar year that you actually were supported by a parent. or email bl-bursaroffice@kctcs.edu. 2022-2023 Disbursement Dates **. How can I set up a payment plan with the business office? This applies to single-semester loans (summer only, fall only, and spring only) as well as loans that are automatically split between fall/spring. Why do I have to apply for financial aid using my parent's information? Bluegrass Community and Technical College 500 Newtown Pike Lexington KY 40508 Toll Free: (855) 246-2477. At the beginning of the school year, you will be working on a graduate, doctorate or master's degree program. Loan Disbursement Student loans are generally released in multiple disbursements. The surest way of securing financial aid is to submit a Free Application for Federal Student Aid (FAFSA). Academic CalendarAffinity GroupsAwareness MonthsCampus SafetyCatalogClass SyllabusCollege NavigatorCommunity ResourcesDiversity & InclusionFAQFinancial AidFood Pantries, GraduationHelpful FormsHours of OperationIT ServicesLibrariesStudent HandbookStudent HealthTitle IXTSIA2TutoringVeterans ServicesWebmail, GainesvilleDentonCorinthFlower MoundBowieGrahamChampions Circle, 1525 West California StreetGainesville, TX 76240, Hours of OperationMonday Thursday8:00 AM 5:00 PM. Bachelor's Degree Verification. Financial Aid disbursement for the term begins after the drop/add period has ended. Because Summer is considered a stand-alone semester, the enrollment period is May to August. If my parent has remarried, do I have to include my stepparent's information on the FAFSA? You will need to register for the session in order to receive the link for the meeting. When your financial aid is disbursed, the computer system determines your number of registered credits and adjusts accordingly any grant eligibility you may have. A member of Minnesota State. You will need your FSA ID for this option. Accepting Financial Aid at NCTC Let the Financial Aid office walk you through your Financial Aid options, including grants and loans, and how to accept your aid! Inclusion does not constitute endorsement. The parent you lived with most in the last 12 months should complete the FAFSA. I am really independent. for a deferred appeal. And it's not uncommon for different programsbachelor's degree, associate degree, certificate program, etc. at the same school, to have different payment schedules. What if I can't find my tax return, where can I get a copy? Student loans can get you large amounts of money, but must be paid back with interest. If you havent made your refund preference selection, You will receive one half each semester in which you are enrolled at least six hours and meet North Central Texas College Satisfactory Academic Progress as determined by the Financial Aid Office. Complete Student Loan Entrance Counseling, Complete and e-sign a Master Promissory Note (MPN). Loan recipients who drop below half time will start using their loan grace period. I still owe money for the installment plan. All scholarships are evaluated and awarded through the Scholarship Office. Students receiving loans must have completed a Master Promissory Note (MPN) and Entrance Counseling online. (Federal and State Grants will apply to your student account automatically. Catalog 2017-2018 > Student Services > Financial Aid > Application Deadlines. Students must be reported as attending course (s) in order for a disbursement to occur. Disbursement means the Financial Aid Office has applied funds from your financial aid award (such asgrantsand student loans) to any tuition, fees, or book chargesowed on your student customer account. Darrell Smith, NCTC Division Chair of Industrial and Engineering Technology represented NCTC on panel to discuss growing semiconductor industry in North Texas. The Financial Aid Office cannot guarantee the arrival or disbursement of funds. All refunds are processed through Bank Mobile. North Central Texas College Federal School Code is 003558. AdmissionsProgramsStudent ServicesPaying for CollegeStudentsAlumniFoundationCommunityFaculty & Staff, Academic CalendarAffinity GroupsAwareness MonthsCampus SafetyCatalogClass SyllabusCollege NavigatorCommunity ResourcesDiversity & InclusionFAQFinancial AidFood Pantries, GraduationHelpful FormsHours of OperationIT ServicesLibrariesStudent HandbookStudent HealthTitle IXTSIA2TutoringVeterans ServicesWebmail, GainesvilleDentonCorinthFlower MoundBowieGrahamChampions Circle, 1525 West California StreetGainesville, TX 76240, Hours of OperationMonday Thursday8:00 AM 5:00 PM, Leading at Every Level Excelling in Careers, the Community, and Caregiving, NCTC English awarded for outstanding program, NCTC Nursing Program Has a Soaring First-Time Certification Pass Rate, NCTCs Darrell Smith Participates in Semiconductor Panel Discussion. account or to choose your refund preference go to your KCTCS Student Service Center or login to Bank Mobile. In order to obtain a paper copy of this report, please contact the Director of Financial Aid and Veteran Benefits at (940) 668-4242, or by email at atatum@nctc.edu. Some students may not receive a refund after the first disbursement if all charges have not been paid, whereas other students may receive a partial refund followed by another refund later in the semester. Student loans, unlike grants and work-study, are borrowed money thatmust be repaid,with interest. The first disbursement of funds is always the second Tuesday of classes after the add/drop period ends. www.maldef.orgScholarships for undocumented students. Disbursement of Financial Aid. If you drop a class before the census date, your award eligibility will be reduced if it changes your attendance status (full-time, three-quarter time, half-time). Financial Aid awards cannot be disbursed until the attendance in class has been confirmed. Our office will help you find and secure the resources you need to keep you in college and meet your educational goals. What will happen to my Stafford Loan if I drop below half time? . The All student employees must choose how they want to receive their paycheck. NCTC Financial Aid priority deadlines are as follows: June 1 - Fall registration, November 1 - Spring registration, April 1 - Summer registration. Form 4506-T IRS Tax Return Transcript Request, TASFA Texas Application for State Financial Aid, TASFA Texas Application for State Financial Aid (ESP), Selective Service Statement of Registration Status, VA-1995-Change of Program/Place of Training, VA-5495-DEA Change of Program/Place of Training, Academic CalendarAffinity GroupsAwareness MonthsCampus SafetyCatalogClass SyllabusCollege NavigatorCommunity ResourcesDiversity & InclusionFAQFinancial AidFood Pantries, GraduationHelpful FormsHours of OperationIT ServicesLibrariesStudent HandbookStudent HealthTitle IXTSIA2TutoringVeterans ServicesWebmail, GainesvilleDentonCorinthFlower MoundBowieGrahamChampions Circle, 1525 West California StreetGainesville, TX 76240, Hours of OperationMonday Thursday8:00 AM 5:00 PM. 2021-2022 Forms. The disbursement process runs each week, making disbursements to students who recently received their award notice. Always check with NCTC Financial Aid Office for specific details. Effective October 1, 2021 the origination fee is 1.057% of the award amount and is deducted from the proceeds of your loan by your lender and paid to the federal government. If you are receiving Federal Student Aid and completely withdraw from the college, you may be required to pay back the unearned portion of the money. Go to studentaid.gov and choose "make corrections" on the FAFSA website, add our school code (003558) to your application and submit the correction. Disbursements 11.1 Definition of Disbursements and Disbursement Methods 11.2 Disbursement Dates and Schedules 11.3 Student and Parent Authorizations 11.4 Student and Parent Notifications 11.5 Undeliverable Title IV Funds 11.6 Recovery of Title IV Disbursements When Student Does Not Begin Attendance 11.7 Prior Year Charges Your FAFSA has been confirmed interest is not generally charged to you attempted work... 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