The parent you lived with most in the last 12 months should complete the FAFSA. Two disbursement during the Fall Semester and two during the Spring Semester. This info session will take place in-person on the Corinth Campus, Room 214. North Central Texas College Federal School Code is 003558. www.irs.gov (Internal Revenue Service)Tax information. Fri . 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. (Federal and State Grants will apply to your student account automatically. for a deferred appeal. You must then accept, edit, or decline your awards for them to be processed. Is it useless to file a Free Application for Federal Student Aid (FAFSA) now? How do I get the information to the Financial Aid Office? 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. Yes. To maintain Satisfactory Academic Progress you must be completing an acceptable percentage (67%) of attempted course work. The DRN is the four-digit number located in the bottom left hand corner of the SAR. 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. RANKED #1HEALTH SCIENCES- INTELLIGENT.COM. You may call 1-800-433-3233 to make the school code change. This can be done online at. Because Summer is considered a stand-alone semester, the enrollment period is May to August. All students who owe Federal and/or NCTC funds will not be allowed to re-enroll at NCTC until the funds have been repaid. For more information on disbursements and refunds, please contact either NTC or BankMobile Disbursements. Financial Aid Resources The surest way of securing financial aid is to submit a Free Application for Federal Student Aid (FAFSA). NCTC has six campuses throughout North Central Texas. 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. Yes. Bluegrass Community and Technical College 500 Newtown Pike Lexington KY 40508 Toll Free: (855) 246-2477. Go to studentaid.gov and choose "make corrections" on the FAFSA website, add our school code (003558) to your application and submit the correction. 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. I still owe money for the installment plan. NTCs Student Finance SelectMake Your Initial Refund Selection. Financial Aid Census Date - Enrollment Lock-In . Do I need to include their information on the FAFSA? We encourage you use our Net Price Calculator. First-time . When your financial aid is disbursed, the computer system determines your number of registered credits and adjusts accordingly any grant eligibility you may have. If my parent has remarried, do I have to include my stepparent's information on the FAFSA? The Financial Aid Office cannot guarantee the arrival or disbursement of funds. > LIONS > FINANCIAL AID > DISBURSEMENT DATES. Federal Direct Subsidized LoanSubsidized Students Loans are need-based loans whose interest is guaranteed by the federal government while the student is in school. For additional details and important information regarding the disbursement of aid, please refer to RCTCs Financial Aid Award Guide. Can I fill out my FAFSA as "Married" now since I will be married in a few months? Use our step-by-step guide for applying for financial aid. Disbursements are calculated based on the students enrollment as of the end of drop/add and take into account any grades of F, FW, FN, or Withdraws. This is an online Information Session via Webex. Student loans can get you large amounts of money, but must be paid back with interest. This applies to single-semester loans (summer only, fall only, and spring only) as well as loans that are automatically split between fall/spring. awards adjusted to reflect any changes made. The first card is free. You will need to register for the session in order to receive the link for the meeting. www.finaid.orgBasic Financial Aid information, scholarship search, financial aid calculators, etc. Unlike a loan, grants dont have to be paid back unless you reduce your course load, never attend or quit attending class, or withdraw from school before the end of the semester. 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. Students must have an NCTC ID/Debit card and it must be activated to receive disbursements. How many hours do I have to be enrolled in to qualify for a Stafford Loan? 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. 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 NCTC Financial Aid priority deadlines are as follows: June 1 - Fall registration, November 1 - Spring . 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. Were happy to help answer any questions you might have. dates represent the earliest date funds can be applied to your account in the Bursars We defer incomplete appeals until you provide us with Disbursement of Financial Aid. 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. 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. NCTC Financial Aid priority deadlines are as follows: June 1 - Fall registration, November 1 - Spring registration, April 1 - Summer registration. * If all requested documents are submitted by the published deadline dates, financial aid funds will be disbursed on the scheduled date. NCTC's school code is 003558. Maximum total debt from Direct Loans - $57,500 but no more than $23,000 of that total may be in subsidized loans. Were a cadet or midshipman at one of the service academies and were released under a condition other than dishonorable. Are there other websites to look for scholarships and additional resources? Will Financial Aid pay for all the classes I want to take? Yes, loans are part of the federal student aid program and considered financial aid. You are eligible for deferment only if you are enrolled at least half time. office/institution is closed. Financial Aid students may purchase books at our campus bookstore from August 1st - September 1st for Fall 2022. 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. Office. the class(es) has started. Thisloan calculatormay help you to plan your future loan repayment options. RCTC provides accessible, affordable, quality learning opportunities to serve a diverse and growing community. Federal regulations require that all Direct Loans (subsidized, unsubsidized and PLUS) must be disbursed in two disbursements based on your enrollment period. Is a National Guard or Reserve enlistee who was called to active duty for purposes other than training. Credit balance amounts will be disbursed to students within the first thirty (30) days of class. academic term that are still in a deferred state. Summer and Fall semester registration is currently open. 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. Plan the rest of your year with NCTC! Financial Aid funds will apply to any balance due before being disbursed to the student. Students must apply for financial aid each academic year. We review Satisfactory Academic Progress (SAP) Appeals every business day unless our Dropping a class can reduce your Pell Grant and could also impact your future loan level. The dates listed above represent the last day to submit a complete appeal or documentation No, you can still send your FAFSA in to apply for a Pell Grant and a Stafford Loan. An origination fee of 4.228% is charged upon disbursement. House Bill Eligibility Statement. 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. 851 30th Ave SE :: Rochester, MN 55904-4999, Rochester Community and Technical College, Who is eligible for financial aid? Refunds FAFSA Application. 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). Loan Request Form. Must be a citizen or eligible non-citizen. NCTC priority processing deadline is June 1st. Veterans of the US armed forces may be eligible for a broad range of programs and services from the VA. PLUS loans are the financial responsibility of the parents, not the student. I am really independent. You will need your data release number (DRN) for this option. 2021-2022 Forms. The Enter our school code, 003558, on your application and we will automatically receive a copy. All students who owe Federal and/or NCTC funds will not be allowed to re-enroll at NCTC until the funds have been repaid. 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. 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. On this page, you will find forms that are used in the Office of Financial Aid. For questions regarding your refund contact the Bursars Office at (855) 246-2477 or email at BL-businessoffice@kctcs.edu. 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. 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. These are priority deadlines and all applications will be processed as quickly as possible on a funds available basis. Question 23. This can be done online at studentaid.gov . 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. 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. Building brighter futures through higher education is only possible through the generosity of our donors and communities. Students receiving Direct Loans must be enrolled at least half time to receive funds, completed Loan Entrance Counseling and signed a Master Promissory Note. 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. You shouldnt miss out on your education just because of money. 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). 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. The parent may only borrow up to the Cost of Attendance (excluding any other financial aid). Loans are legal obligations, so before you take out a loan, think about the amount you'll have to repay over the years. Students who have exceeded their Lifetime Pell Eligibility, have exceeded their annual or aggregate loan limits, are in default on any student loan or owe an overpayment to the U.S. Department of Education or another institution are not eligible for financial aid. 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. You must accurately report marital status at the time you complete the FAFSA. I have not passed the TSIA2 test will Financial Aid pay for remedial classes? Financial Aid Applications for the new school year open on October 1st of the prior year. Financial Aid funds are used only to pay for your education expenses at the school that is giving you the money. Student loans, unlike grants and work-study, are borrowed money thatmust be repaid,with interest. Federal application deadlines are October 1 of the prior year through June 30 of the following year. Students whose applications are completed after final exams will receive their disbursements during the next semester and after grades have been reviewed . . 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. 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. Mon, June 20 : Mon, Aug 29 . Application Deadlines. or email bl-bursaroffice@kctcs.edu. A member of Minnesota State. Eligibility for a summer loan depends on your grade level, degree plan, and amount of loans you have already borrowed for the academic year. 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). Will my Financial Aid be applied to my remaining balance? Experts say the. 1443 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. Registrations that occur after the end of the standard drop/add period are . An origination fee of 4.228% (effective October 1, 2021) is charged upon disbursement. Before borrowing any federal student loans all students are required to complete entrance counseling and master promissory note (loan agreement). Loans are legal obligations, so before you accept student loans, think about the amount you'll need to repay over the years. Please note, to be considered complete, a FAFSA application must include any and all requested supporting documents as well as have been received and been processed no later than the priority deadlines mentioned above. Consult with your financial aid advisor on this situation. You can: To access the online system, enter your Web ID and your password. A deferment is a period during which you are entitled to postpone repayment of your loans. My parents do not claim me on their tax forms. Once North Central Texas College Office of Financial Aid receives your FAFSA information, they will determine if you are eligible for the following types of financial aid. The dates represent the earliest date funds can be applied to your account in the Bursar's Office. the required documentation. The first disbursement can be made according to the disbursement schedule while the second disbursement will be made at the midpoint of the semester. Replacement cards cost $20. All refunds are processed through Bank Mobile. dates represent the earliest date funds can be applied to your account in the Bursars Example: You were awarded $3,500 for the Fall/Spring term. www.nslds.ed.gov (Information about your previous student loan)Students with Previous loans can get information about who owns their loan, how much they owe, etc. How do I apply for 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. During completion of your Financial Aid file, you have the opportunity to give the College permission to apply your Financial Aid funds toward any unpaid balance you may have. RCTC delivers Financial Aid change checks, student employment paychecks, and refunds using BankMobile Disbursements, a technology solution powered by BMTX, Inc.For more information on how to select your refund preference, please see the refund selection information on our website. Gerard Hudspeth, Mayor of the City of Denton, NCTC Awareness Group, in honor of Womens History Month. If you have not begun the financial aid application process, you can get started online by completing the Free Application for Federal Student Aid. Grants are determined by level of income. At the beginning of the school year, you will be working on a graduate, doctorate or master's degree program. of your appeal within one business day unless our office/institution is closed. Rochester Community and Technical College. 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. www.sss.gov (Selective Service)Men between the ages of 18-26 are required to register with selective service. Always check with NCTC Financial Aid Office for specific details. Must be enrolled at least half-time (six hours) each semester. What will happen to my financial aid if I drop a class? www.collegefortexans.com(Texas State Financial Aid)Information about State Programs. Your Financial Aid funds will first be applied toward your outstanding balance. Normal processing time for a FAFSA application is four to six weeks, beginning with the actual online submission to school file completion. Financial Aid awards cannot be disbursed until the attendance in class has been confirmed. If you need to reset your password, please click on Forgot your Password to the left. See the definition of an independent studentin the next section. NCTC has six campuses throughout North Central Texas, and a training center. login at my.ntc.edu to get started! Financial Aid Disbursement Dates Your school defines your payment schedule, and will disburse money based on those timelines. How can I set up a payment plan with the business office? Financial Aid funds will apply to any balance due before being disbursed to the student. You are a veteran of the U.S. Armed forces. You will then be notified through your NTC email account when your financial aid awards become available. Interest is not generally charged to you during a deferment on your subsidized loans. Fall 2021, Spring 2022 & Summer 2022. These items may include, but are not limited to, tuition, fees, textbook charges, library fines, parking tickets, returned check charges, etc. Example: You were awarded $3,500 for the Fall/Spring term. The surest way of securing financial aid is to submit a Free Application for Federal Student Aid (FAFSA). After we receive notification that your FAFSA has been completed, a confirmation letter will be mailed to you. Loans require a separate application be completed before funds will disburse.) 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. Interest is always charged to you during a deferment on your unsubsidized loans. October 28, 2022. If a student is enrolled in courses that do not count toward their degree or certificate, they cannot be used to determine enrollment status. Financial Aid Credit Balance Disclaimer Our office will help you find and secure the resources you need to keep you in college and meet your educational goals. Please ensure that you keep your mailing address current within myNTC. When I complete the Free Application for Federal Student Aid (FAFSA), what types of financial aid am I considered for? If you havent made your refund preference selection, login at MyNTC to get started. . Gainesville Denton Corinth Flower Mound Bowie Graham Champions Circle NCTC GRADUATE Success Stories You will go into your grace period starting the date you drop below half time and any future disbursements will be canceled. Priority deadlines may be set by each state or college. The U.S. Department of Education released official cohort default rates once per year. 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). There are resources and calculators to help you estimate the amount of aid you may need or can receive. or to choose your refund preference go to your KCTCS Student Service Center at https://students.kctcs.edu (new window) or login to Bank Mobile at www.RefundSelection.com (new window). What happens to my financial aid if I withdraw from all classes at North Central Texas College? How can I set up a payment plan with the business office? North Central Texas College ADN Program reached new heights with first-time certification pass-rate. The disbursement process runs each week, making disbursements to students who recently received their award notice. The first disbursement of funds is always the second Tuesday of classes after the add/drop period ends. 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. The enrollment period is the entire academic year (August to May). All jobs are located on various campuses and currently pay $8.00/hour. 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. No. Financial Aid refunds will be issued six weeks into the Fall/Spring terms. I still owe money for the installment plan. will be paid before you receive any credit balances. Students whose applications are completed after semester exams will receive their awards and disbursements during the next semester and after attendance has been verified. Select BankMobile Disbursementsin the left menu. 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. The NCTC Financial Aid Office encourages prospective college students to apply early for financial aid. You must have a financial aid application on file at North Central Texas College in order to use this system. If you dont have an unmet need, your other aid would be reduced. If a student has more financial aid than college charges, the balance will be distributed approximately 30 days after classes start to the multifunctional . Visit the business office or set up your payment plan online. 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. 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).
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