Financial aid grant and loan awards will be applied towards the amounts owed for tuition, fees, and books. What if I didn't list NCTC federal school code on my FAFSA? However, it is best to complete your tax return early and provide accurate information. First-time . FAFSA applications are available to complete as early as October 1st of each year. Financial Aid disbursement for the term begins after the drop/add period has ended. Loan Request Form. Accept or Reject your loans on your Financial Aid Portal. If you have a Federal student loan balance of $0 you are considered to be a first-time borrower. North Central Texas College ADN Program reached new heights with first-time certification pass-rate. www.finaid.orgBasic Financial Aid information, scholarship search, financial aid calculators, etc. You must accurately report marital status at the time you complete the FAFSA. When and how will I receive my financial aid at NCTC? Financial Aid disbursements are based on student attendance as of the term census date. Will Financial Aid pay for all the classes I want to take? Financial aid will pay for 30 hours of remedial coursework. You shouldnt miss out on your education just because of money. The FY 2018 national cohort default rate is 7.3%. Financial Aid awards cannot be disbursed until the attendance in class has been confirmed. Student Employees can view pay stub information, print W-2 Wage and Tax Statements, and Form 1098-T Tuition Statement from the eServices Site under Student Employment. Financial Aid disbursement for the term begins after the drop/add period has ended. In order to receive financial aid, you must be taking classes that work toward a degree or certificate offered at NCTC. 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). The Financial Aid Office cannot guarantee the arrival or disbursement of funds. North Central Texas College disburses all financial aid credit balances, including Direct Loans, to the NCTC Student ID/MasterCard (unless you designate another financial institution). Form 4506-T IRS Tax Return Transcript Request. Example: You were awarded $3,500 for the Fall/Spring term. Welcome to the North Central Texas College Online Financial Aid System. Were a cadet or midshipman at one of the service academies and were released under a condition other than dishonorable. Student loans, unlike grants and work-study, are borrowed money thatmust be repaid,with interest. DisclaimerStudents in search of scholarships to pay for college may find some of the links here useful; however, this information is provided for informational purposes only. October 28, 2022. Students receiving Direct Loans must be enrolled at least half time to receive funds, completed Loan Entrance Counseling and signed a Master Promissory Note. www.sss.gov (Selective Service)Men between the ages of 18-26 are required to register with selective service. or email bl-bursaroffice@kctcs.edu. 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. The DRN is the four-digit number located in the bottom left hand corner of the SAR. 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. Do I have to apply for financial aid every year? dates represent the earliest date funds can be applied to your account in the Bursars NCTCs English department and its First-Year Composition Program has been announced as the winner of 2023 Diana Hacker TYCA Award for Outstanding Programs in English. Loan recipients who drop below half time will start using their loan grace period. Institutional Information General Institutional Information On loans made under the Perkins Loan Program, all deferments are followed by a post-deferment grace period of 6 months, during which time you are not required to make payments. Refunds If a student is enrolled in courses that do not count toward their degree or certificate, they cannot be used to determine enrollment status. Disbursement occurs every Friday thereafter. Student enrolled least half-time (6 hours), Parent complete Direct Plus Loan Master Promissory Note, Begins 60 days after the funds are fully disbursed, Request a deferment while the student is in school. Bluegrass Community and Technical College 500 Newtown Pike Lexington KY 40508 Toll Free: (855) 246-2477. Rochester Community and Technical College. If you havent made your refund preference selection, login at MyNTC to get started. All funds are received electronically and are posted to the student's billing account to pay university authorized tuition and fees. If you dont have an unmet need, your other aid would be reduced. The dates listed above represent the last day to submit a complete appeal or documentation Two loan disbursements are required for all federal direct loans and a 30-day delay on first disbursements for first-time borrowers. North Central Texas College Federal School Code is 003558. You will automatically be considered independent for financial aid purposes if you meet one or more of the following criteria: You are married on the date you complete the FAFSA (answer "Yes" if you are separated but not divorced). Your support invests in a better tomorrow for all North Central Texas. If you havent made your refund preference selection, 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). You are responsible for the interest that accumulates while you are in college with an unsubsidized Stafford Loan. If for some unexpected reason a student drops below half-time enrollment (fewer than 6 enrolled credits) at the time that the second disbursement would occur, the second half of any student loans will be canceled. North Central Texas College disburses all financial aid credit balances, including Direct Loans, to the student based on the "Student Refund Choice" made through the MyNCTC student portal. Students who have multiple start dates within a semester cannot receive aid until This can be done online at studentaid.gov . the required documentation. Example: You were awarded $3,500 for the Fall/Spring term. You want to meet this deadline to be considered for all types of aid. Registrations that occur after the end of the standard drop/add period are . The surest way of securing financial aid is to submit a Free Application for Federal Student Aid (FAFSA). When your financial aid is disbursed, the computer system determines your number of registered credits and adjusts accordingly any grant eligibility you may have. Phone: 715.675.3331, Ext. Email: studentfinance@ntc.edu I have not passed the TSIA2 test will Financial Aid pay for remedial classes? The parent may only borrow up to the Cost of Attendance (excluding any other financial aid). This must be done every year. 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). The enrollment period is the single semester (August to December or January to May). Once you have received notification of your awards, you and your family can determine how much money your family will need to contribute. Summer Awards Financial aid for summer classes is generally limited to students with remaining grant or loan eligibility and available need-based work study employment. Yes. Grants are determined by level of income. For more information on disbursements and refunds, please contact either NTC or BankMobile Disbursements. Federal application deadlines are October 1 of the prior year through June 30 of the following year. 8-week classes enrolling now | Reduce Plumbing Tuition by $2,500! The Financial Aid office will send an e-mail to the student that says, "thank you for applying for financial aid at North Central Texas College." In this e-email it will give the student steps on how to log onto the Financial Aid Portal, the student will follow the steps to go onto the portal to determine what . Disbursements are calculated based on the student's enrollment as of the end of drop/add and take into account any grades of F, FW, FN, or Withdraws. RCTC provides accessible, affordable, quality learning opportunities to serve a diverse and growing community. Do I have to wait until I am admitted to the college before I apply for financial aid? The U.S. Department of Education released official cohort default rates once per year. At that time, we will automatically deny any appeals for that awards adjusted to reflect any changes made. You must then accept, edit, or decline your awards for them to be processed. Attendance must be confirmed in all courses before disbursements will be made. www.fondofuturo.com.coScholarships for undocumented students. The term "disbursement" refers to the earliest date the college may receive financial aid funds and apply them to your account, not the date the student will receive a refund. Dropping a class can also create satisfactory academic progress problems, and you might not be eligible for any future financial aid assistance. Disbursement of Financial Aid. You may use the loan money you receive only to pay for your education expenses at the school that is giving you the loan. Financial Aid funds are used only to pay for your education expenses at the school that is giving you the money. The parent you lived with most in the last 12 months should complete the FAFSA. NCTC Financial Aid priority deadlines are as follows: June 1 - Fall registration, November 1 - Spring registration, April 1 - Summer registration. Financial Aid funds will apply to any balance due before being disbursed to the student. We defer incomplete appeals until you provide us with 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). Gainesville Denton Corinth Flower Mound Bowie Graham Champions Circle NCTC GRADUATE Success Stories A simple formula determines your need at NCTC: cost of attendance minus Expected Family Contribution minus any other financial aid equals financial need. Phone: 877.327.9515, After we receive notification that your FAFSA has been completed, a confirmation letter will be mailed to you. The FY 2018 cohort default rate for North Central Texas College is 12.6%. NTCs Student Finance Who is eligible for financial aid? academic term that are still in a deferred state. You will need your data release number (DRN) for this option. 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