Federal Supplemental Education Opportunity Grant (SEOG), Federal subsidized and unsubsidized Stafford Loans. We review Satisfactory Academic Progress (SAP) Appeals every business day unless our 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. Students must apply for financial aid each academic year. Federal application deadlines are October 1 of the prior year through June 30 of the following year. Your support invests in a better tomorrow for all North Central Texas. Question 23. 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). Once you have received notification of your awards, you and your family can determine how much money your family will need to contribute. Mon, June 20 : Mon, Aug 29 . Yes, loans are part of the federal student aid program and considered financial aid. House Bill Checklist. 2021-2022 Forms. 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. An origination fee of 4.228% (effective October 1, 2021) is charged upon disbursement. Financial Aid Census Date - Enrollment Lock-In . To maintain Satisfactory Academic Progress you must be completing an acceptable percentage (67%) of attempted course work. www.maldef.orgScholarships for undocumented students. 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. Institutional Information General Institutional Information The surest way of securing financial aid is to submit a Free Application for Federal Student Aid (FAFSA). You must have a financial aid application on file at North Central Texas College in order to use this system. Federal Direct Subsidized LoanSubsidized Students Loans are need-based loans whose interest is guaranteed by the federal government while the student is in school. Summer refunds vary based on individual student's course start date. Be registered with Selective Service, if required. Dropping a class can reduce your Pell Grant and could also impact your future loan level. And it's not uncommon for different programsbachelor's degree, associate degree, certificate program, etc. at the same school, to have different payment schedules. Education expenses include charges such as tuition, room and board, fees and indirect expenses like books, supplies, equipment, child care expenses, transportation and rental or purchase of a personal computer. 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). The FY 2018 national cohort default rate is 7.3%. What if I didn't list NCTC federal school code on my FAFSA? Go to studentaid.gov and choose "make corrections" on the FAFSA website, add our school code (003558) to your application and submit the correction. Fall Semester 2022*: September 2, 2022. 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). If there is any money left over once your disbursement pays your tuition, fees, and/or book voucher, you will receive the remainder of that money in the form of a refund. NOTE: Costs calculated at 30 hours per academic year, off campus. 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). 8-week classes enrolling now | Reduce Plumbing Tuition by $2,500! Dropping a class can also create satisfactory academic progress problems, and you might not be eligible for any future financial aid assistance. RANKED #1HEALTH SCIENCES- INTELLIGENT.COM. 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. Priority deadlines may be set by each state or college. Before borrowing any federal student loans all students are required to complete entrance counseling and master promissory note (loan agreement). A simple formula determines your need at NCTC: cost of attendance minus Expected Family Contribution minus any other financial aid equals financial need. Federal Work-Study (FWS) and Texas College Work-Study (CWS) are work programs where you can earn up to the amount listed on your award letter. 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. Yes, if your parent is married on the day you completed the FAFSA. All funds are received electronically and are posted to the student's billing account to pay university authorized tuition and fees. You can: To access the online system, enter your Web ID and your password. North Central Texas College Federal School Code is 003558. First-time loan borrowers will receive a delay in disbursements. The first disbursement for first-time borrowers will be 30 days after the students earliest course start date if enrolled at least half-time. Were happy to help answer any questions you might have. My parents do not claim me on their tax forms. You may call 1-800-433-3233 to make the school code change. Direct Loan (DL) Eligibility Requirements. The amount of Pell Grant that you receive is based on the number of hours you are currently taking. For more information on disbursements and refunds, please contact either NTC or BankMobile Disbursements. Use of Funds Financial Aid funds are used only to pay for your education expenses at the school that is giving you the money. Check the status of their FAFSA Application, View a list of documents the Financial Aid Office has received and a list of documents still outstanding, View their student loan history from NSLDS, Check the status of their student loans for the current year. We will email your KCTCS email account with the result Loan Request Form. Education expenses include school charges such as tuition, room and board, fees and indirect expenses such as books, supplies, equipment, dependent child care expenses, transportation and rental or purchase of a personal computer. You will go into your grace period starting the date you drop below half time and any future disbursements will be canceled. Financial aid grant and loan awards will be applied towards the amounts owed for tuition, fees, and books. Mon, Feb 6 **1st Loan Disbursement + Grant Disbursement Balance (if applicable) Refunded to Student . 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. When I complete the Free Application for Federal Student Aid (FAFSA), what types of financial aid am I considered for? If you're a first-time borrower, your first disbursement cannot take place until 30 days after the first day of your enrollment period begins (see refund dates). Replacement cards cost $20. $20M+ ANNUALLY IN FINANCIAL AID $800,000+ ANNUALLY IN SCHOLARSHIPS 7 Locations across north central texas NCTC has six campuses throughout North Central Texas, and a training center. If you have a Federal student loan balance of $0 you are considered to be a first-time borrower. Students receiving loans must have completed a Master Promissory Note (MPN) and Entrance Counseling online. Financial Aid awards cannot be disbursed until the attendance in class has been confirmed. You will be eligible for summer financial aid if you have not already reached your maximum annual or aggregate limits on loans and Pell Grants during the fall and spring semesters. Visit the business office or set up your payment plan online. The Financial Aid Office cannot guarantee the arrival or disbursement of funds. Federal regulations require that all Direct Loans (subsidized, unsubsidized and PLUS) must be disbursed in two disbursements based on your enrollment period. You will then be notified through your NTC email account when your financial aid awards become available. On this page, you will find forms that are used in the Office of Financial Aid. All jobs are located on various campuses and currently pay $8.00/hour. Student loans are generally released in multiple disbursements. Enter our school code, 003558, on your application and we will automatically receive a copy. For questions regarding your refund contact the Bursars Office at (855) 246-2477 or email at BL-businessoffice@kctcs.edu. 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. 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. To activate your Bank Mobile If you have not begun the financial aid application process, you can get started online by completing the Free Application for Federal Student Aid. This is an online Information Session via Webex. 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. The NCTC Financial Aid Office encourages prospective college students to apply early for financial aid. Are there other websites to look for scholarships and additional resources? These items may include, but are not limited to, tuition, fees, textbook charges, library fines, parking tickets, returned check charges, etc. 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. Tuition is not the primary funding source for most Community Colleges. 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. the required documentation. Plan the rest of your year with NCTC! documentation) for approval. 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. I've missed the NCTC May 1st priority deadline for the fall semester. You will need to register for the session in order to receive the link for the meeting. Financial Aid awards cannot be disbursed until the attendance in class has been confirmed. House Bill Eligibility Statement. Credit balance amounts will be disbursed to students within the first thirty (30) days of class. In addition, students who attend and subsequently withdraw before financial aid is disbursed may be eligible to receive a Post-Withdrawal Disbursement of Title IV Funds for the earned aid that was not received. How much will my family be expected to contribute towards my yearly college costs? Bluegrass Community and Technical College, Kentucky Community & Technical College System. Rochester Community and Technical College. Example: You were awarded $3,500 for the Fall/Spring term. Tues, Feb 28 ***1st Loan Disbursement + Grant Disbursement Balance (if applicable) Refunded to Student for Term 2 onlyStudent . PLUS loans are the financial responsibility of the parents, not the student. for a deferred appeal. Please keep this in mind when budgeting. Disbursement and Refunds Student Portal Financial Aid - Current Students Disbursement and Refunds After we receive notification that your FAFSA has been completed, a confirmation letter will be mailed to you. The dates represent the earliest date funds can be applied to your account in the Bursar's Office. All dates are subject to change. the class(es) has started. Application Deadlines. www.nasfaa.org (NASFAA)Basic Financial Aid information for parents, students, and high school counselors. You will need your data release number (DRN) for this option. 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. A member of Minnesota State. Attendance must be confirmed in all courses before disbursements will be made. Interest is always charged to you during a deferment on your unsubsidized loans. RCTC provides accessible, affordable, quality learning opportunities to serve a diverse and growing community. In order to receive financial aid, you must be taking classes that work toward a degree or certificate offered at NCTC. 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). You might want to wait and complete your FAFSA after you are married. Bluegrass Community and Technical College 500 Newtown Pike Lexington KY 40508 Toll Free: (855) 246-2477. Who is eligible for financial aid? The exit counseling session must be completed regardless if you plan to transfer to another school or re-enroll at our school in the future. Students whose applications are completed after final exams will receive their disbursements during the next semester and after grades have been reviewed . View our institution's contract with BankMobile Disbursements, a technology solution, powered by BMTX, Inc. BankMobile Disbursements is the Northcentral Technical College refund management provider that gives students the capability to select a refund preference in order to receive financial aid refunds. The federal government is responsible for the interest that accumulates while you are in college at least half time with a subsidized Stafford Loan. Summer and Fall semester registration is currently open. First Time Borrowers. Students receiving Direct Loans must be enrolled at least half time to receive funds, completed Loan Entrance Counseling and signed a Master Promissory Note. SelectMake Your Initial Refund Selection. The first disbursement can be made according to the disbursement schedule while the second disbursement will be made at the midpoint of the semester. If you havent made your refund preference selection, All refunds are processed weekly through Bank Mobile. Selecting your refund preference is an important step to take, because even if you dont qualify for a refund this semester, you may in the future. You may use the loan money you receive only to pay for your education expenses at the school that is giving you the loan. academic term that are still in a deferred state. To activate your Bank Mobile account (Federal and State Grants will apply to your student account automatically. How can I set up a payment plan with the business office? 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. To select your preference, visit BankMobile Disbursements. 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. 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. Origination fees are charged by the federal government for processing the loan. * If all requested documents are submitted by the published deadline dates, financial aid funds will be disbursed on the scheduled date. Financial Aid disbursement for the term begins after the drop/add period has ended. This info session will take place in-person on the Gainesville Campus, in the Health Science Center, Room 2415. The Financial Aid Office cannot guarantee the arrival or disbursement of funds. The enrollment period is the single semester (August to December or January to May). For questions regarding your refund contact the Bursars Office at (855) 246-2477 All refunds are processed through Bank Mobile. Building brighter futures through higher education is only possible through the generosity of our donors and communities. Financial Aid Credit Balance Disclaimer The U.S. Department of Education released official cohort default rates once per year. NCTC considers the summer semester as part of the preceding award year and all summer sessions are considered as one semester for determining enrollment status, grant and loan eligibility. What is the difference between a subsidized and unsubsidized Stafford Loan? Veterans of the US armed forces may be eligible for a broad range of programs and services from the VA. Registrations that occur after the end of the standard drop/add period are . If you havent made your refund preference selection, login at MyNTC to get started. Another option is to replace or insert our school code (003558) on your paper SAR (Student Aid Report) and mail it back to the processor. Loans require a separate application be completed before funds will disburse.) You are a veteran of the U.S. Armed forces. Financial aid will pay for 30 hours of remedial coursework. September 23, 2022. Please ensure that you keep your mailing address current within myNTC. Disbursement of Financial Aid. 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. NTCs Student Finance Two disbursement during the Fall Semester and two during the Spring Semester. The second disbursement will be at the midpoint of the semester. Freshman - $9,500 per academic year ($3,500 maximum in subsidized loans and $6,000 maximum in unsubsidized loans or up to the cost of attendance), Sophomore - $10,500 per academic year ($4,500 maximum in subsidized loans and $6,000 maximum in unsubsidized loans or up to the cost of attendance). Financial Aid refunds will be issued six weeks into the Fall/Spring terms. > LIONS > FINANCIAL AID > DISBURSEMENT DATES. We defer incomplete appeals until you provide us with If you need to reset your password, please click on Forgot your Password to the left. awards adjusted to reflect any changes made. You also have access to lists of downloadable PDF forms you may need to make changes your information or your financial aid. All dates are subject to change. First-time . Priority deadlines may be set by each state or college. Neither the Office of Financial Aid nor North Central Texas College can guarantee the accuracy or the timeliness of information found at any of the links above. 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