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. 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. All refunds are processed weekly through Bank Mobile. Interest is always charged to you during a deferment on your unsubsidized loans. 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. 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. 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. Students receiving Direct Loans must be enrolled at least half time to receive funds, completed Loan Entrance Counseling and signed a Master Promissory Note. To activate your Bank Mobile account Two loan disbursements are required for all federal direct loans and a 30-day delay on first disbursements for first-time borrowers. The first disbursement for first-time, first-year borrowers of subsidized and unsubsidized loans will be 30 days after the beginning of the first semester enrolled at least half-time. I still owe money for the installment plan. Welcome to the North Central Texas College Online Financial Aid System. All students who owe Federal and/or NCTC funds will not be allowed to re-enroll at NCTC until the funds have been repaid. Financial Aid students may purchase books at our campus bookstore from August 1st - September 1st for Fall 2022. 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. I'm going to be married during the school year. Do I need to include their information on the FAFSA? You may call 1-800-433-3233 to make the school code change. Disbursements are calculated based on the students enrollment as of the end of drop/add and take into account any grades of F, FW, FN, or Withdraws. Loan recipients who drop below half time will start using their loan grace period. These are priority deadlines and all applications will be processed as quickly as possible on a funds available basis. A simple formula determines your need at NCTC: cost of attendance minus Expected Family Contribution minus any other financial aid equals financial need. Will Financial Aid pay for all the classes I want to take? All scholarships are evaluated and awarded through the Scholarship Office. Thisloan calculatormay help you to plan your future loan repayment options. If you're a first-time borrower, your first disbursement cannot take place until 30 days after the first day of your enrollment period begins (see refund dates). 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. NCTC has six campuses throughout North Central Texas, and a training center. login at my.ntc.edu to get started! FAFSA Application. The first card is free. dates represent the earliest date funds can be applied to your account in the Bursars If a balance due remains, students will be responsible for making a payment with the NCTC Business Office before classes begin. Go to studentaid.gov and choose "make corrections" on the FAFSA website, add our school code (003558) to your application and submit the correction. Support includes money, gifts, loans, housing, food, clothes, car, medical and dental care, payment for college costs, etc. What will happen to my financial aid if I drop a class? 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. Students who have multiple start dates within a semester cannot receive aid until If you do not have your tax returns completed by mid March, you can estimate income figures on the FAFSA. Tues, Feb 28 ***1st Loan Disbursement + Grant Disbursement Balance (if applicable) Refunded to Student for Term 2 onlyStudent . Financial Aid Resources The surest way of securing financial aid is to submit a Free Application for Federal Student Aid (FAFSA). Gerard Hudspeth, Mayor of the City of Denton, NCTC Awareness Group, in honor of Womens History Month. 2021-2022 Forms. 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. 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. 2022-2023 Disbursement Dates **. Fall Semester 2022*: September 2, 2022. Were a cadet or midshipman at one of the service academies and were released under a condition other than dishonorable. This will avoid corrections and delays in processing your aid. 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. We review Satisfactory Academic Progress (SAP) Appeals every business day unless our Maximum total debt from Direct Loans - $31,000 - but no more than $23,000 of that total may be in subsidized loans. Unlike a loan, grants dont have to be paid back unless you reduce your course load, never attend or quit attending class, or withdraw from school before the end of the semester. 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. All funds are received electronically and are posted to the student's billing account to pay university authorized tuition and fees. All student employees must choose how they want to receive their paycheck. 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. Freshman - $9,500 per academic year ($3,500 maximum in subsidized loans and $6,000 maximum in unsubsidized loans or up to the cost of attendance), Sophomore - $10,500 per academic year ($4,500 maximum in subsidized loans and $6,000 maximum in unsubsidized loans or up to the cost of attendance). BankMobile Disbursements Student Help Desk You will then be notified through your NTC email account when your financial aid awards become available. 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). Federal regulations require that all Direct Loans (subsidized, unsubsidized and PLUS) must be disbursed in two disbursements based on your enrollment period. Tuition is not the primary funding source for most Community Colleges. Use of Funds Financial Aid funds are used only to pay for your education expenses at the school that is giving you the money. Students who do not meet these deadlines run the risk of paying out of pocket for tuition, fees, and books because of a late or incomplete financial aid application. If you dont have an unmet need, your other aid would be reduced. PLUS loans are the financial responsibility of the parents, not the student. Students whose applications are completed after final exams will receive their disbursements during the next semester and after grades have been reviewed . The federal government is responsible for the interest that accumulates while you are in college at least half time with a subsidized Stafford Loan. 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. To activate your Bank Mobile 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. If you have not begun the financial aid application process, you can get started online by completing the Free Application for Federal Student Aid. NOTE: Costs calculated at 30 hours per academic year, off campus. When I complete the Free Application for Federal Student Aid (FAFSA), what types of financial aid am I considered for? NCTC has 6 campus locations. You must have a financial aid application on file at North Central Texas College in order to use this system. Students must be enrolled in classes for the term in which funds are being disbursed and have begun attendance. FAFSA applications are available to complete as early as October 1st of each year. You will go into your grace period starting the date you drop below half time and any future disbursements will be canceled. How do I get the information to the Financial Aid Office? 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. This info session will take place in-person on the Corinth Campus, Room 214. 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. Who is eligible for financial 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". Question 23. (Federal and State Grants will apply to your student account automatically. How can I set up a payment plan with the business office? You want to meet this deadline to be considered for all types of aid. dates represent the earliest date funds can be applied to your account in the Bursars Yes, if your parent is married on the day you completed the FAFSA. www.finaid.orgBasic Financial Aid information, scholarship search, financial aid calculators, etc. 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. These items may include, but are not limited to, tuition, fees, textbook charges, library fines, parking tickets, returned check charges, etc. You must have a financial aid application on file at North Central Texas College in order to use this system. After final exams will receive their paycheck NCTC Awareness Group, in honor of History... To my financial aid funds are being disbursed and have begun attendance exit. 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