Gainesville Denton Corinth Flower Mound Bowie Graham Champions Circle NCTC GRADUATE Success Stories Normal processing time for a FAFSA application is four to six weeks, beginning with the actual online submission to school file completion. If you need to reset your password, please click on Forgot your Password to the left. Before borrowing any federal student loans all students are required to complete entrance counseling and master promissory note (loan agreement). Students enrolled entirely in late start courses will experience a delay in funding until their first class meeting. NCTC's school code is 003558. Direct Loan (DL) Eligibility Requirements. 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. FAFSA applications are available to complete as early as October 1st of each year. How do I get the information to the Financial Aid Office? Yes. In addition, you must have an adequate GPA (2.0). I'm going to be married during the school year. First-time loan borrowers will receive a delay in disbursements. Mon, Feb 6 **1st Loan Disbursement + Grant Disbursement Balance (if applicable) Refunded to Student . Students receiving Direct Loans must be enrolled at least half time to receive funds, completed Loan Entrance Counseling and signed a Master Promissory Note. Your Financial Aid funds will first be applied toward your outstanding balance. This must be done every year. 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). or email bl-bursaroffice@kctcs.edu. www.sss.gov (Selective Service)Men between the ages of 18-26 are required to register with selective service. What if I didn't list NCTC federal school code on my FAFSA? Use of Funds Financial Aid funds are used only to pay for your education expenses at the school that is giving you the money. 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. Eligibility for most VA benefits is based on discharge from active military service under anything other than dishonorable conditions. Example: You were awarded $3,500 for the Fall/Spring term. Attendance must be confirmed in all courses before disbursements will be made. You will then be notified through your NTC email account when your financial aid awards become available. This can be done online at studentaid.gov . Consult with your financial aid advisor on this situation. Office. Can I fill out my FAFSA as "Married" now since I will be married in a few months? Visit the business office or set up your payment plan online. Must be a citizen or eligible non-citizen. 1443 . All student employees must choose how they want to receive their paycheck. To maintain Satisfactory Academic Progress you must be completing an acceptable percentage (67%) of attempted course work. 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. For questions regarding your refund contact the Bursars Office at (855) 246-2477 Students can obtain a Student ID/MasterCard from the Business Office. We encourage you use our Net Price Calculator. We will email your KCTCS email account with the result 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. Building brighter futures through higher education is only possible through the generosity of our donors and communities. I am really independent. Accept or Reject your loans on your Financial Aid Portal. However, it is best to complete your tax return early and provide accurate information. Maximum total debt from Direct Loans - $31,000 - but no more than $23,000 of that total may be in subsidized loans. 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. Institutional Information General Institutional Information 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. documentation) for approval. 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. Students must be reported as attending course (s) in order for a disbursement to occur. NCTC has six campuses throughout North Central Texas. 851 30th Ave SE :: Rochester, MN 55904-4999, Rochester Community and Technical College, The first disbursement for first-time borrowers will be 30 days after the students earliest course start date if enrolled at least half-time. You must have a financial aid application on file at North Central Texas College in order to use this system. www.collegefortexans.com(Texas State Financial Aid)Information about State Programs. Please keep this in mind when budgeting. Scholarships are grants or payments awarded on the basis of academic achievement, merit, need, classification, etc. The first disbursement will be at the beginning of the semester. You shouldnt miss out on your education just because of money. All students who owe Federal and/or NCTC funds will not be allowed to re-enroll at NCTC until the funds have been repaid. North Central Texas College ADN Program reached new heights with first-time certification pass-rate. 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. If a student is enrolled in courses that do not count toward their degree or certificate, they cannot be used to determine enrollment status. My parents do not claim me on their tax forms. Note: Students must maintain all eligibility requirements at the time of disbursement to receive FSA funding. If a student has more financial aid than college charges, the balance will be distributed approximately 30 days after classes start to the multifunctional . Question 23. The parent may only borrow up to the Cost of Attendance (excluding any other financial aid). Financial Aid Census Date - Enrollment Lock-In . Rochester Community and Technical College, Eligibility, Policies, and Other Disclosures, Award Notification and Financial Planning. 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. Loan recipients who drop below half time will start using their loan grace period. If you havent made your refund preference selection, Student Loans cannot be canceled due to unemployability or other financial hardship issues. The first disbursement can be made according to the disbursement schedule while the second disbursement will be made at the midpoint of the semester. Must be enrolled at least half-time (six hours) each semester. Once you have received notification of your awards, you and your family can determine how much money your family will need to contribute. Yes. SelectMake Your Initial Refund Selection. (Federal and State Grants will apply to your student account automatically. Dropping a class can also create satisfactory academic progress problems, and you might not be eligible for any future financial aid assistance. Gerard Hudspeth, Mayor of the City of Denton, NCTC Awareness Group, in honor of Womens History Month. Example: You were awarded $3,500 for the Fall/Spring term. 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). 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. www.fastweb.com (FastWeb)Good Scholarship Search program. Will my Financial Aid be applied to my remaining balance? The amount of Pell Grant that you receive is based on the number of hours you are currently taking. Our FAQ is a great resource for quickly finding answers to your questions. 8-week classes enrolling now | Reduce Plumbing Tuition by $2,500! www.fondofuturo.com.coScholarships for undocumented students. > LIONS > FINANCIAL AID > DISBURSEMENT DATES. NCTC Financial Aid priority deadlines are as follows: June 1 - Fall registration, November 1 - Spring . If I have already received my financial aid award letter package and later receive an additional scholarship, will my awards change? 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. You may call 1-800-433-3233 to make the school code change. 2021-2022 Forms. A deferment is a period during which you are entitled to postpone repayment of your loans. It is critical that students verify information, particularly where deadlines are concerned. The www.studentaid.ed.govFederal Student Aid Gateway-the source for free information, guidance and tools for federal student assistance-from the U.S. Department of Education's office of Federal Student Aid. Student loans, unlike grants and work-study, are borrowed money thatmust be repaid,with interest. 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. www.irs.gov (Internal Revenue Service)Tax information. NOTE: Costs calculated at 30 hours per academic year, off campus. If you dont have an unmet need, your other aid would be reduced. Students must apply for financial aid each academic year. Federal regulations require all Stafford loan borrowers to complete an exit counseling session upon graduating, withdrawing, or dropping below half-time attendance. Fall Only Loans - Second Half of Loan. Freshman - $5,500 per academic year ($3,500 maximum in subsidized loans and $2,000 maximum in unsubsidized loans or up to the cost of attendance), Sophomore - $6,500 per academic year ($4,500 maximum in subsidized loans and $2,000 maximum in unsubsidized loans or up to the cost of attendance). Also, if you receive a loan for only one semester, your loan disbursement will be refunded in two separate disbursements (see refund dates). 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. $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. Tuition is not the primary funding source for most Community Colleges. Do I have to apply for financial aid every year? I still owe money for the installment plan. Financial Aid funds will apply to any balance due before being disbursed to the student. NCTC Financial Aid priority deadlines are as follows: June 1 - Fall registration, November 1 - Spring registration, April 1 - Summer registration. Check the status of your student loans for the current year. Go to studentaid.gov and choose "make corrections" on the FAFSA website, add our school code (003558) to your application and submit the correction. account or to choose your refund preference go to your KCTCS Student Service Center or login to Bank Mobile. 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). Experts say the. If you do not have your tax returns completed by mid March, you can estimate income figures on the FAFSA. The DRN is the four-digit number located in the bottom left hand corner of the SAR. Do I have to wait until I am admitted to the college before I apply for financial aid? login at my.ntc.edu to get started! 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. The first card is free. Dropping a class can reduce your Pell Grant and could also impact your future loan level. Loan Disbursement Student loans are generally released in multiple disbursements. What if I can't find my tax return, where can I get a copy? Were happy to help answer any questions you might have. 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. If my parent has remarried, do I have to include my stepparent's information on the FAFSA? Maximum total debt from Direct Loans - $57,500 but no more than $23,000 of that total may be in subsidized loans. You will need your FSA ID for this option. If Financial Aid funds remain after tuition, fees, and all outstanding charges are paid, the remaining balance (often referred to as an overage check or a change check) will be released to you within 14 days. Always check with NCTC Financial Aid Office for specific details. The surest way of securing financial aid is to submit a Free Application for Federal Student Aid (FAFSA). Who is eligible for financial aid? Darrell Smith, NCTC Division Chair of Industrial and Engineering Technology represented NCTC on panel to discuss growing semiconductor industry in North Texas. NCTC's school code is 003558. The Financial Aid Office cannot guarantee the arrival or disbursement of funds. What will happen to my Stafford Loan if I drop below half time? 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 Disbursement Dates Your school defines your payment schedule, and will disburse money based on those timelines. Submit a FAFSA Apply for Veterans Benefits Types of Financial Aid Interest is not generally charged to you during a deferment on your subsidized loans. Registrations that occur after the end of the standard drop/add period are typically NOT considered for Financial Aid purposes. This applies to single-semester loans (summer only, fall only, and spring only) as well as loans that are automatically split between fall/spring. Financial aid credit balances will be issued to students who are confirmed to be eligible students and meeting the requirements of the NCTC Financial Aid Satisfactory Academic Progress Policy. At the beginning of the school year, you will be working on a graduate, doctorate or master's degree program. You can: To access the online system, enter your Web ID and your password. There are two easy methods to request your tax return transcript, first you can call 1-800-829-1040 and choose the option "Your Personal Account Information". Withdrawal can create satisfactory academic progress problems causing an automatic cancellation of any pending financial aid. Please ensure that you keep your mailing address current within myNTC. 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. The enrollment period is the single semester (August to December or January to May). awards adjusted to reflect any changes made. Student Financial Aid - Return of Title IV Aid Policy, Curricula - Career and Technical Education, North Central Texas College Student Handbook. Were a cadet or midshipman at one of the service academies and were released under a condition other than dishonorable. Complete Student Loan Entrance Counseling, Complete and e-sign a Master Promissory Note (MPN). The Financial Aid Office cannot guarantee the arrival or disbursement of funds. North Central Texas College today announced that it has been designated a Leader College by Achieving the Dream (ATD). No. September 23, 2022. Office. 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