The parent you lived with most in the last 12 months should complete the FAFSA. If you have not begun the financial aid application process, you can get started online by completing the Free Application for Federal Student Aid. login at my.ntc.edu to get started! 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). You must then accept, edit, or decline your awards for them to be processed. You may use the loan money you receive only to pay for your education expenses at the school that is giving you the loan. Your support invests in a better tomorrow for all North Central Texas. Gerard Hudspeth, Mayor of the City of Denton, NCTC Awareness Group, in honor of Womens History Month. Support includes money, gifts, loans, housing, food, clothes, car, medical and dental care, payment for college costs, etc. You will need to register for the session in order to receive the link for the meeting. 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. Federal Supplemental Education Opportunity Grant (SEOG), Federal subsidized and unsubsidized Stafford Loans. This is an online Information Session via Webex. We will email your KCTCS email account with the result I have not passed the TSIA2 test will Financial Aid pay for remedial classes? See the definition of an independent studentin the next section. All funds are received electronically and are posted to the student's billing account to pay university authorized tuition and fees. The I still owe money for the installment plan. 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. Federal application deadlines are October 1 of the prior year through June 30 of the following 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). The parent may only borrow up to the Cost of Attendance (excluding any other financial aid). October 28, 2022. NCTC's school code is 003558. Student loans can get you large amounts of money, but must be paid back with interest. NCTC Verification Process. 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. (Federal and State Grants will apply to your student account automatically. 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). Do I have to wait until I am admitted to the college before I apply for financial aid? Financial Aid students may purchase books at our campus bookstore from August 1st - September 1st for Fall 2022. Fall Only Loans - Second Half of Loan. The dates represent the earliest date funds can be applied to your account in the Bursar's Office. All dates are subject to change. 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 all requested documents are submitted by the published deadline dates, financial aid funds will be disbursed on the scheduled date. To select your preference, visit BankMobile Disbursements. Example: You were awarded $3,500 for the Fall/Spring term. Registrations that occur after the end of the standard drop/add period are . When I complete the Free Application for Federal Student Aid (FAFSA), what types of financial aid am I considered for? 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. Check the status of your student loans for the current year. 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. Darrell Smith, NCTC Division Chair of Industrial and Engineering Technology represented NCTC on panel to discuss growing semiconductor industry in North Texas. Example: You were awarded $3,500 for the Fall/Spring term. You are responsible for the interest that accumulates while you are in college with an unsubsidized Stafford Loan. If a balance due remains, students will be responsible for making a payment with the NCTC Business Office before classes begin. The enrollment period is the single semester (August to December or January to May). Your Financial Aid funds will first be applied toward your outstanding balance. 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. Students must have an NCTC ID/Debit card and it must be activated to receive disbursements. Let the Financial Aid office walk you through your Financial Aid options, including grants and loans, and how to accept your aid! Tues, July 12 : Tues, Sept 20 . Origination fees are charged by the federal government for processing the loan. RCTC provides accessible, affordable, quality learning opportunities to serve a diverse and growing community. You will then be notified through your NTC email account when your financial aid awards become available. office/institution is closed. Do I have to apply for financial aid every year? the class(es) has started. The DRN is the four-digit number located in the bottom left hand corner of the SAR. Registrations that occur after the end of the standard drop/add period are typically NOT considered for Financial Aid purposes. If you do not have your tax returns completed by mid March, you can estimate income figures on the FAFSA. North Central Texas College will put together a financial aid package that comes as close as possible to meeting your need. Application Deadlines. Students whose applications are completed after semester exams will receive their awards and disbursements during the next semester and after attendance has been verified. A simple formula determines your need at NCTC: cost of attendance minus Expected Family Contribution minus any other financial aid equals financial need. documentation) for approval. Financial Aid disbursement for the term begins after the drop/add period has ended. Priority deadlines may be set by each state or college. www.finaid.orgBasic Financial Aid information, scholarship search, financial aid calculators, etc. 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". 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. My parents do not claim me on their tax forms. Accepting your loan(s) is a three part process! Tuition is not the primary funding source for most Community Colleges. I am really independent. Loans are legal obligations, so before you accept student loans, think about the amount you'll need to repay over the years. 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. The FY 2018 national cohort default rate is 7.3%. Yes. All refunds are processed through Bank Mobile. 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. Whether you need to change an address, locate loan deferment forms, or just print out forms needed for a work-study position, all of this and much more can be found here. Were a cadet or midshipman at one of the service academies and were released under a condition other than dishonorable. 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. Tues, Feb 28 ***1st Loan Disbursement + Grant Disbursement Balance (if applicable) Refunded to Student for Term 2 onlyStudent . 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. 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. We can only consider complete appeals (with all required Workforce Training & Professional Development. What will happen to my financial aid if I drop a class? Will my Financial Aid be applied to my remaining balance? **PLEASE NOTE: The WebID is different than your NetID issued by the Admissions Office.**. Students must apply for financial aid each academic year. An origination fee of 4.228% (effective October 1, 2021) is charged upon disbursement. Financial Aid funds are used only to pay for your education expenses at the school that is giving you the money. 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. 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. What if I can't find my tax return, where can I get a copy? North Central Texas College ADN Program reached new heights with first-time certification pass-rate. Loans require a separate application be completed before funds will disburse.) When your financial aid is posted to your account, any unpaid institutional charges (tuition and fees, books, dorm/meal plan, etc.) Must be enrolled at least half-time (six hours) each semester. 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! Mon, Feb 6 **1st Loan Disbursement + Grant Disbursement Balance (if applicable) Refunded to Student . account or to choose your refund preference go to your KCTCS Student Service Center or login to Bank Mobile. 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). Loans are legal obligations, so before you take out a loan, think about the amount you'll have to repay over the years. 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 today announced that it has been designated a Leader College by Achieving the Dream (ATD). The FY 2018 cohort default rate for North Central Texas College is 12.6%. 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. dates represent the earliest date funds can be applied to your account in the Bursars How do I get the information to the Financial Aid Office? There are resources and calculators to help you estimate the amount of aid you may need or can receive. Our office will help you find and secure the resources you need to keep you in college and meet your educational goals. All scholarships are evaluated and awarded through the Scholarship Office. If you dont have an unmet need, your other aid would be reduced. What if I didn't list NCTC federal school code on my FAFSA? the required documentation. Consult with your financial aid advisor on this situation. Fri . Dropping a class can reduce your Pell Grant and could also impact your future loan level. Use our step-by-step guide for applying for financial aid. First-time . Students who receive their award notification after the initial disbursement date for the term can expect their funds to be prepared for disbursement within one to two weeks. 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. Please ensure that you keep your mailing address current within myNTC. IMPORTANT CHANGE to the disbursement of all Federal Direct Student Loans: All student loans will be split between two equal disbursements each semester. 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. Credit balance amounts will be disbursed to students within the first thirty (30) days of class. What will happen to my Stafford Loan if I drop below half time? Loan Request Form. You are eligible for deferment only if you are enrolled at least half time. Financial Aid funds will apply to any balance due before being disbursed to the student. We encourage you use our Net Price Calculator. Interest is always charged to you during a deferment on your unsubsidized loans. For additional details and important information regarding the disbursement of aid, please refer to RCTCs Financial Aid Award Guide. 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. Welcome to the North Central Texas College Online Financial Aid System. You are a veteran of the U.S. Armed forces. Loan recipients who drop below half time will start using their loan grace period. Disbursement of Financial Aid. Grants are determined by level of income. 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). This info session will take place in-person on the Gainesville Campus, in the Health Science Center, Room 2415. www.nasfaa.org (NASFAA)Basic Financial Aid information for parents, students, and high school counselors. The Financial Aid Office cannot guarantee the arrival or disbursement of funds. If a student is enrolled in courses that do not count toward their degree or certificate, they cannot be used to determine enrollment status. www.irs.gov (Internal Revenue Service)Tax information. Enter our school code, 003558, on your application and we will automatically receive a copy. To maintain Satisfactory Academic Progress you must be completing an acceptable percentage (67%) of attempted course work. Fall Semester 2022*: September 2, 2022. I'm going to be married during the school year. And it's not uncommon for different programsbachelor's degree, associate degree, certificate program, etc. at the same school, to have different payment schedules. If my parent has remarried, do I have to include my stepparent's information on the FAFSA? You shouldnt miss out on your education just because of money. For questions regarding your refund contact the Bursars Office at (855) 246-2477 or email at BL-businessoffice@kctcs.edu. 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