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. No, you can still send your FAFSA in to apply for a Pell Grant and a Stafford Loan. 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. Check the status of your student loans for the current year. NOTE: Costs calculated at 30 hours per academic year, off campus. Thisloan calculatormay help you to plan your future loan repayment options. This will depend on several factors such as your EFC (Expected Family Contribution), your loan level, types of benefits and other resources you have available. 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). Before borrowing any federal student loans all students are required to complete entrance counseling and master promissory note (loan agreement). Fri . What is the difference between a subsidized and unsubsidized Stafford Loan? Example: You were awarded $3,500 for the Fall/Spring term. Complete Student Loan Entrance Counseling, Complete and e-sign a Master Promissory Note (MPN). Email: studentfinance@ntc.edu If a student is enrolled in courses that do not count toward their degree or certificate, they cannot be used to determine enrollment status. 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 loans can get you large amounts of money, but must be paid back with interest. This info session will take place in-person on the Corinth Campus, Room 214. The login at my.ntc.edu to get started! North Central Texas College Federal School Code is 003558. 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. awards adjusted to reflect any changes made. You wont receive a North Central Texas College Financial Aid award letter until you have been accepted to NCTC. For questions regarding your refund contact the Bursars Office at (855) 246-2477 or email at BL-businessoffice@kctcs.edu. Also, if you receive a loan for only one semester, your loan disbursement will be refunded in two separate disbursements (see refund dates). 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. Students must have an NCTC ID/Debit card and it must be activated to receive disbursements. office/institution is closed. Then, select how you want your money delivered. 1443 If I have already received my financial aid award letter package and later receive an additional scholarship, will my awards change? You might want to wait and complete your FAFSA after you are married. www.fondofuturo.com.coScholarships for undocumented students. Students must be reported as attending course (s) in order for a disbursement to occur. The FY 2018 national cohort default rate is 7.3%. Priority deadlines may be set by each state or college. The Students whose applications are completed after final exams will receive their disbursements during the next semester and after grades have been reviewed . When your financial aid is disbursed, the computer system determines your number of registered credits and adjusts accordingly any grant eligibility you may have. Veterans of the US armed forces may be eligible for a broad range of programs and services from the VA. Select BankMobile Disbursementsin the left menu. 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. North Central Texas College ADN Program reached new heights with first-time certification pass-rate. Financial Aid Late Awards Late awards will be processed and disbursed during the appropriate semester for students whose FAFSA applications are incomplete or late. A simple formula determines your need at NCTC: cost of attendance minus Expected Family Contribution minus any other financial aid equals financial need. Once you have received notification of your awards, you and your family can determine how much money your family will need to contribute. The first disbursement will be at the beginning of the semester. 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. The paper SAR must be signed by you, and, if you are a dependent student, your parent. NCTC has six campuses throughout North Central Texas, and a training center. Rochester Community and Technical College. We can only consider complete appeals (with all required When your financial aid is posted to your account, any unpaid institutional charges (tuition and fees, books, dorm/meal plan, 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. An origination fee of 4.228% is charged upon disbursement. Two loan disbursements are required for all federal direct loans and a 30-day delay on first disbursements for first-time borrowers. 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. Can I fill out my FAFSA as "Married" now since I will be married in a few months? Bachelor's Degree Verification. I am really independent. will be paid before you receive any credit balances. In addition, you must have an adequate GPA (2.0). An origination fee of 4.228% (effective October 1, 2021) is charged upon disbursement. 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. * If all requested documents are submitted by the published deadline dates, financial aid funds will be disbursed on the scheduled date. The first disbursement can be made according to the disbursement schedule while the second disbursement will be made at the midpoint of the semester. 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. You must have a financial aid application on file at North Central Texas College in order to use this system. Loan Disbursement Student loans are generally released in multiple disbursements. If a student has more financial aid than college charges, the balance will be distributed approximately 30 days after classes start to the multifunctional Student ID MasterCard (unless the student designates another financial institution). Eligibility for most VA benefits is based on discharge from active military service under anything other than dishonorable conditions. Application Deadlines. At that time, we will automatically deny any appeals for that And it's not uncommon for different programsbachelor's degree, associate degree, certificate program, etc. at the same school, to have different payment schedules. Office. Must not be in default on any federal loan or owe a refund back to any federal program (nor your parent when applying for a PLUS loan.). Phone: 715.675.3331, Ext. You want to meet this deadline to be considered for all types of aid. 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". 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. Registrations that occur after the end of the standard drop/add period are . > LIONS > FINANCIAL AID > DISBURSEMENT DATES. Student loans are generally released in multiple disbursements. 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. Example: You were awarded $3,500 for the Fall/Spring term. 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. Origination fees are charged by the federal government for processing the loan. North Central Texas College will put together a financial aid package that comes as close as possible to meeting your need. We encourage you use our Net Price Calculator. NCTC Financial Aid priority deadlines are as follows: June 1 - Fall registration, November 1 - Spring . All students who owe Federal and/or NCTC funds will not be allowed to re-enroll at NCTC until the funds have been repaid. 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