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. FAFSA applications are available to complete as early as October 1st of each year. SelectMake Your Initial Refund Selection. 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. Summer and Fall semester registration is currently open. 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. Were happy to help answer any questions you might have. 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. 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). How much will my family be expected to contribute towards my yearly college costs? If you dont have an unmet need, your other aid would be reduced. Institutional Information General Institutional Information In addition, you must have an adequate GPA (2.0). The parent you lived with most in the last 12 months should complete the FAFSA. Federal regulations require that all Direct Loans (subsidized, unsubsidized and PLUS) must be disbursed in two disbursements based on your enrollment period. House Bill Checklist. 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. When and how will I receive my financial aid at NCTC? You will need your FSA ID for this option. NCTC has six campuses throughout North Central Texas, and a training center. RANKED #1HEALTH SCIENCES- INTELLIGENT.COM. Financial Aid awards cannot be disbursed until the attendance in class has been confirmed. 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 still owe money for the installment plan. House Bill Eligibility Statement. Should I wait to file my FAFSA until my taxes are done? NCTC's school code is 003558. You will need to register for the session in order to receive the link for the meeting. What will happen to my Stafford Loan if I drop below half time? 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. Fri . All refunds are processed through Bank Mobile. Check Lion365 for when to register and get ready for whats next! Check the status of your student loans for the current year. Submit a FAFSA Apply for Veterans Benefits Types of Financial Aid Federal application deadlines are October 1 of the prior year through June 30 of the following year. Catalog 2017-2018 > Student Services > Financial Aid > Application Deadlines. Mon, Feb 6 **1st Loan Disbursement + Grant Disbursement Balance (if applicable) Refunded to Student . You want to meet this deadline to be considered for all types of aid. These are priority deadlines and all applications will be processed as quickly as possible on a funds available basis. All student employees must choose how they want to receive their paycheck. 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. An origination fee of 4.228% is charged upon disbursement. 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. 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.fondofuturo.com.coScholarships for undocumented students. Do I have to apply for financial aid every year? Origination fees are charged by the federal government for processing the loan. 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. 8-week classes enrolling now | Reduce Plumbing Tuition by $2,500! 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. 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. Withdrawal can create satisfactory academic progress problems causing an automatic cancellation of any pending financial aid. Because Summer is considered a stand-alone semester, the enrollment period is May to August. The parent may only borrow up to the Cost of Attendance (excluding any other financial aid). Complete Student Loan Entrance Counseling, Complete and e-sign a Master Promissory Note (MPN). or email bl-bursaroffice@kctcs.edu. 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). 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). Do I need to include their information on the FAFSA? www.nasfaa.org (NASFAA)Basic Financial Aid information for parents, students, and high school counselors. www.irs.gov (Internal Revenue Service)Tax information. FAFSA Application. Disbursement occurs every Friday thereafter. Students who have multiple start dates within a semester cannot receive aid until Application Deadlines. All scholarships are evaluated and awarded through the Scholarship Office. Example: You were awarded $3,500 for the Fall/Spring term. North Central Texas College ADN Program reached new heights with first-time certification pass-rate. You will also be required to complete exit counseling. Note: Students must maintain all eligibility requirements at the time of disbursement to receive FSA funding. Will my Financial Aid be applied to my remaining balance? Loans are legal obligations, so before you accept student loans, think about the amount you'll need to repay over the years. You must then accept, edit, or decline your awards for them to be processed. This is an online Information Session via Webex. What will happen to my financial aid if I drop a class? 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. Grants are determined by level of income. If a student has more financial aid than college charges, the balance will be distributed approximately 30 days after classes start to the multifunctional . Our FAQ is a great resource for quickly finding answers to your questions. Once you have received notification of your awards, you and your family can determine how much money your family will need to contribute. Workforce Training & Professional Development. However, it is best to complete your tax return early and provide accurate information. If you need to reset your password, please click on Forgot your Password to the left. Yes, loans are part of the federal student aid program and considered financial aid. Mon, June 20 : Mon, Aug 29 . Attendance must be confirmed in all courses before disbursements will be made. Federal application deadlines are October 1 of the prior year through June 30 of the following year. Bluegrass Community and Technical College, Kentucky Community & Technical College 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 Awards Financial aid for summer classes is generally limited to students with remaining grant or loan eligibility and available need-based work study employment. 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. Plan the rest of your year with NCTC! The FY 2018 cohort default rate for North Central Texas College is 12.6%. 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. Why do I have to apply for financial aid using my parent's information? Must be enrolled at least half-time (six hours) each semester. North Central Texas College Federal School Code is 003558. First-time . No, you can still send your FAFSA in to apply for a Pell Grant and a Stafford Loan. Office. The first disbursement of funds is always the second Tuesday of classes after the add/drop period ends. . Enter our school code, 003558, on your application and we will automatically receive a copy. Visit the business office or set up your payment plan online. All dates are subject to change. NCTC priority processing deadline is June 1st. Have engaged in active service in the U.S. Army, Navy, Air Force, Marines, and Coast Guard. 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). 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. If I have already received my financial aid award letter package and later receive an additional scholarship, will my awards change? www.finaid.orgBasic Financial Aid information, scholarship search, financial aid calculators, etc. If you have not begun the financial aid application process, you can get started online by completing the Free Application for Federal Student Aid. Please remember that the lender may retain an origination fee. Spring 2023 - 2nd 8 Week Only Start. You are responsible for the interest that accumulates while you are in college with an unsubsidized Stafford Loan. Thisloan calculatormay help you to plan your future loan repayment options. The dates listed above represent the last day to submit a complete appeal or documentation Accepting your loan(s) is a three part process! This applies to single-semester loans (summer only, fall only, and spring only) as well as loans that are automatically split between fall/spring. www.fastweb.com (FastWeb)Good Scholarship Search program. Tues, July 12 : Tues, Sept 20 . Experts say the. The Federal Parent Loan (PLUS) is available to the parents of dependent undergraduate students. The Financial Aid Office cannot guarantee the arrival or disbursement of funds. Students receiving loans must have completed a Master Promissory Note (MPN) and Entrance Counseling online. Is it useless to file a Free Application for Federal Student Aid (FAFSA) now? dates represent the earliest date funds can be applied to your account in the Bursars Students must be enrolled in classes for the term in which funds are being disbursed and have begun attendance. 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. To avoid any penalty, you must complete at least 60% of the semester. Interest is not generally charged to you during a deferment on your subsidized loans. Normal processing time for a FAFSA application is four to six weeks, beginning with the actual online submission to school file completion. login at my.ntc.edu to get started! 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. Summer refunds vary based on individual student's course start date. If you havent made your refund preference selection, login at MyNTC to get started. NCTC has six campuses throughout North Central Texas. 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. Consult with your financial aid advisor on this situation. Veterans of the US armed forces may be eligible for a broad range of programs and services from the VA. To select your preference, visit BankMobile Disbursements. Student loans can get you large amounts of money, but must be paid back with interest. You will go into your grace period starting the date you drop below half time and any future disbursements will be canceled. All refunds are processed weekly through Bank Mobile. > LIONS > FINANCIAL AID > DISBURSEMENT DATES. You can: To access the online system, enter your Web ID and your password. What happens to my financial aid if I withdraw from all classes at North Central Texas College? You wont receive a North Central Texas College Financial Aid award letter until you have been accepted to NCTC. 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