You wont receive a North Central Texas College Financial Aid award letter until you have been accepted to NCTC. Example: You were awarded $3,500 for the Fall/Spring term. Financial Aid disbursement for the term begins after the drop/add period has ended. 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. SelectMake Your Initial Refund Selection. All scholarships are evaluated and awarded through the Scholarship Office. 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. 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. Some programs, particularly grant programs, have limited funds, so the earlier we receive your application and all supporting documents, the greater the chance for you to receive funds from these programs. Our FAQ is a great resource for quickly finding answers to your questions. There are resources and calculators to help you estimate the amount of aid you may need or can receive. 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. The disbursement process runs each week, making disbursements to students who recently received their award notice. If I have already received my financial aid award letter package and later receive an additional scholarship, will my awards change? www.nasfaa.org (NASFAA)Basic Financial Aid information for parents, students, and high school counselors. awards adjusted to reflect any changes made. All refunds are processed weekly through Bank Mobile. NTCs Student Finance Financial Aid refunds will be issued six weeks into the Fall/Spring terms. First Time Borrowers. You shouldnt miss out on your education just because of money. You may use the loan money you receive only to pay for your education expenses at the school that is giving you the loan. NCTC Verification Process. Students whose applications are completed after semester exams will receive their awards and disbursements during the next semester and after attendance has been verified. To activate your Bank Mobile account FAFSA Application. Disbursement occurs every Friday thereafter. When your financial aid is disbursed, the computer system determines your number of registered credits and adjusts accordingly any grant eligibility you may have. the class(es) has started. Tues, Feb 28 ***1st Loan Disbursement + Grant Disbursement Balance (if applicable) Refunded to Student for Term 2 onlyStudent . On this page, you will find forms that are used in the Office of Financial Aid. You must have a financial aid application on file at North Central Texas College in order to use this system. www.fondofuturo.com.coScholarships for undocumented students. 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. The Financial Aid Office cannot guarantee the arrival or disbursement of funds. Mon, June 20 : Mon, Aug 29 . Bluegrass Community and Technical College, Kentucky Community & Technical College System. The Must be a citizen or eligible non-citizen. 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. Students receiving Direct Loans must be enrolled at least half time to receive funds, completed Loan Entrance Counseling and signed a Master Promissory Note. documentation) for approval. Students who have multiple start dates within a semester cannot receive aid until All refunds are processed through Bank Mobile. Use our step-by-step guide for applying for financial aid. Two disbursement during the Fall Semester and two during the Spring Semester. What will happen to my financial aid if I drop a class? Federal Direct Subsidized LoanSubsidized Students Loans are need-based loans whose interest is guaranteed by the federal government while the student is in school. 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. www.collegefortexans.com(Texas State Financial Aid)Information about State Programs. Financial Aid awards cannot be disbursed until the attendance in class has been confirmed. $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. Is it useless to file a Free Application for Federal Student Aid (FAFSA) now? You will then be notified through your NTC email account when your financial aid awards become available. 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". Once we receive your information, we'll notify you of your Web ID and you can then start using this system. Students must be reported as attending course (s) in order for a disbursement to occur. The DRN is the four-digit number located in the bottom left hand corner of the SAR. The enrollment period is the entire academic year (August to May). Office. Financial Aid Late Awards Late awards will be processed and disbursed during the appropriate semester for students whose FAFSA applications are incomplete or late. This can be done online at. You will also be required to complete exit counseling. 2022-2023 Disbursement Dates **. NOTE: Costs calculated at 30 hours per academic year, off campus. Scholarships are grants or payments awarded on the basis of academic achievement, merit, need, classification, etc. Check the status of your student loans for the current year. Fall Semester 2022*: September 2, 2022. You will need your FSA ID for this option. dates represent the earliest date funds can be applied to your account in the Bursars 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. Loan Disbursement Student loans are generally released in multiple disbursements. The first disbursement of funds is always the second Tuesday of classes after the add/drop period ends. Because Summer is considered a stand-alone semester, the enrollment period is May to August. If you dont have an unmet need, your other aid would be reduced. Your Financial Aid funds will first be applied toward your outstanding balance. Financial aid grant and loan awards will be applied towards the amounts owed for tuition, fees, and books. I've missed the NCTC May 1st priority deadline for the fall semester. of your appeal within one business day unless our office/institution is closed. 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. To activate your Bank Mobile Example: You were awarded $3,500 for the Fall/Spring term. Priority deadlines may be set by each state or college. Eligibility for most VA benefits is based on discharge from active military service under anything other than dishonorable conditions. If you havent made your refund preference selection, Credit balance amounts will be disbursed to students within the first thirty (30) days of class. Student Financial Aid - Return of Title IV Aid Policy, Curricula - Career and Technical Education, North Central Texas College Student Handbook. Institutional Information General Institutional Information 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). 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 . 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. or email bl-bursaroffice@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. Student Loans cannot be canceled due to unemployability or other financial hardship issues. Attendance must be confirmed in all courses before disbursements will be made. Loans require a separate application be completed before funds will disburse.) Support includes money, gifts, loans, housing, food, clothes, car, medical and dental care, payment for college costs, etc. Consult with your financial aid advisor on this situation. The parent may only borrow up to the Cost of Attendance (excluding any other financial aid). Maximum total debt from Direct Loans - $31,000 - but no more than $23,000 of that total may be in subsidized loans. 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. Priority deadlines may be set by each state or college. 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). 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. Fri . will be paid before you receive any credit balances. What if I didn't list NCTC federal school code on my FAFSA? Yes. Federal application deadlines are October 1 of the prior year through June 30 of the following year. The first card is free. NCTC has 6 campus locations. Can I fill out my FAFSA as "Married" now since I will be married in a few months? Yes. Have engaged in active service in the U.S. Army, Navy, Air Force, Marines, and Coast Guard. The first disbursement for first-time borrowers will be 30 days after the students earliest course start date if enrolled at least half-time. Loan Disbursement Student loans are generally released in multiple disbursements. My parents do not claim me on their tax forms. The Financial Aid Office cannot guarantee the arrival or disbursement of funds. Students whose applications are completed after final exams will receive their disbursements during the next semester and after grades have been reviewed . Student financial Aid award letter package and later receive an additional Scholarship will..., 2022 runs each week, making disbursements to students who recently received their award notice summer considered. Once we receive your information, we 'll notify you of your Student loans can be. 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