How do I apply for Financial Aid(including grants, work study, and HOPE?
To apply for most types of Financial Aid (Pell Grant, HOPE, Federal Student Loans, NGTC Scholarships, Work-study, etc.) complete the Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov
When are the current Financial Aid Priority Deadlines?
- Fall Semester 2016-July 21, 2016
- Spring Semester 2017-November 17, 2016
- Summer Semester 2017-April 20, 2017
What if I apply for Financial Aid past the Priority Deadline?
If you apply for Financial Aid past the priority date deadline, your application will be processed in the order that it was received. Because of processing times, you are not guaranteed to have aid posted to your account before the payment deadline. If this occurs, please be prepared to pay your fees prior to the payment deadline and await reimbursement, if eligible.
What is the processing time for Financial Aid documents?
Once the Financial Aid Office has received the necessary documents, processing time varies from 3 -14 days depending on whether the application is chosen for verification, type of aid requested, and program of study.
PLEASE NOTE: Federal Student Loans take 4·6 weeks to process.
How do I know what I have been awarded?
There are two options to view what financial aid you have been awarded. Log into your BannerWeb account, choose the link Student Services, then choose Student Records, then choose Account Detail For Term, and finally click on the term that you want to view the aid for, and the aid will show under Authorized Financial Aid. You can also go the “Pay Online” link on the NGTC website and it will show the aid listed there as well.
How is Pell Grant awarded at NGTC?
For the purposes of Pell, NGTC operates on a two term disbursement schedule. This means that a student's full Pell Grant Award is divided into two disbursements. The annual maximum Pell Grant Award ($5,815 for 2016-2017) is divided over the Fall ($2,908) and Spring ($2,907). Any remaining funds are available for disbursement in the Summer Semester. Students who are enrolled for at least 12 credit hours BOTH Fall and Spring Terms are strongly encouraged to save a portion of any financial aid refund to help cover the cost of Summer Semester. If a student is not enrolled for at least 12 credit hours BOTH Fall and Spring Term, they should have a portion of their annual Pell Grant award available to disburse for the Summer Semester. Enrollment status determines the amount of Pell Grant funds awarded each semester. Please note that not all students will receive the maximum Pell Grant award. The award amounts are determined by the Department of Education, the number of enrollment hours, and other various factors.
If you have any questions regarding your Pell Grant eligibility, please contact your Financial Aid Advisor.
How will my Federal Direct Loan Funds be disbursed?
Beginning with the Fall 2016 Semester, NGTC will begin to disburse student loan funds in 2 payments per term. The first payment will be disbursed around the same time as Pell Refunds are issued. The second payment will be disbursed approximately 30 days later. In order for the loan funds to be released to your student account, at the time of disbursement you must be enrolled in 6 credit hours in your program of study.
What is the IRS retrieval tool and how do I use it?
A quick and easy way to complete your FAFSA, the IRS Retrieval Tool will allow students and parents to securely transfer their income and tax information directly from the IRS and input it into the FAFSA. As you complete your FAFSA online, you will be asked a series of questions regarding your tax filing status. If you are eligible to use the IRS Data Retrieval Tool, you will enter your PIN and click Link to IRS. Your FAFSA information will be saved and you'll be linked to the IRS website. On the IRS website simply enter the required information to validate your identity. Your tax return information will be displayed and you will be given the option to transfer your tax information into your FAFSA. Once the transfer has been completed you will be taken back to FAFSA on the Web to finalize your FAFSA.
Be advised using this tool will lower a student's chances of being selected for verification.
What does being selected for verification mean?
The U.S. Department of Education randomly selects FAFSA's for verification. This means that our Financial Aid Office must request certain documents to verify the accuracy of the information listed on the FAFSA. You will not be eligible for aid until this process is complete.
My FAFSA was selected for verification. What documents do I need to complete the verification process?
Students are notified by the Department of Education in their Student Aid Report (SAR) if they are chosen for verification. The NGTC Financial Aid Office will also contact the student to request specific documents, such as, tax transcripts and verification worksheets. Other documentation may be required depending on the information listed on the FAFSA.
Will withdrawing from a course or courses affect my Financial Aid?
Students may drop classes in BannerWeb until the end of the drop/add period each semester. The third class day of each semester is the last day to drop for a full refund of tuition and fees. Students may also drop on the fourth class day of each semester, but tuition and fees will not be refunded for drops made on this day.
After the drop/add period ends, the student must contact the instructor for each course or their advisor to withdraw from the course. Prior to withdrawing from the course(s), the student is strongly encouraged to communicate their decision for withdrawal with their program advisor. It is also recommended that the student consult with his or her Financial Aid advisor to determine what financial consequences may apply prior to withdrawing from the course. No student who has attended or participated in class during the last week of the semester may be withdrawn.
How will I get the balance of my Financial Aid after all eligible expenses have been paid?
North Georgia Technical College has partnered with BankMobile®, to provide refunds to all North Georgia Technical College students. Please review the BankMobile Refund Management® Service's Brochure for more information.