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Frequently Asked Questions  


What is the Financial Aid Philosophy?

Financial aid is available to help those students who, without such aid, would be unable to attend college. Such costs include direct expenses such as tuition, fees, books, and supplies; and indirect expenses such as room and board, transportation, and personal expenses. The primary resource for meeting this cost of education is you, the student, and your parents and/or spouse. Financial aid helps remove the barriers for those families who cannot afford the cost and fill the gap for families who can afford only part of the cost. Aid is available from state, federal and local government and through private and institutional sources.

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What is Financial Aid?

Financial aid is monetary assistance to help cover the cost of a college education. Financial aid is intended to supplement the family and student contribution. It includes grants, scholarships, and part-time employment through the college work-study programs.

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How do I apply?

All students must complete the Federal Free Application for Student Aid (FAFSA). Applications are available from:

Complete the application form and mail or electronically transmit via Internet to the proper processing office. Internet access is available at NTCC in the Learning Resource Center. Send only the requested material. Tax returns or other documents will be destroyed upon receipt.Back to top
Am I eligible?

In general, you are eligible for federal and state aid if you meet the following requirements:

  • You have a high school diploma or GED certificate.

  • You are enrolled as a regular student in an eligible program at NTCC.

  • You are a U.S. citizen or an eligible non-citizen.

  • You show that you have financial need.

  • You are making satisfactory academic progress in your course of study.

  • You are not in default on a Perkins Loan (or National Direct Student Loan [NDSL]), Guaranteed Student Loan, or PLUS/SLS Loan.

  • You don't owe a refund on a Pell Grant or a Supplemental Educational Opportunity Grant.

  • You are registered with the Selective Service, if you are required to do so.

  • You have not been convicted of drug distribution or possession.

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When will I know if I'm eligible for financial aid?

Approximately four to six weeks after submitting your application you will receive a Student Aid Report from the federal processor. Read the correspondence carefully to see if additional information is requested. Mail or bring all this material to the NTCC Financial Aid Office immediately for processing. The information in the Student Aid Report will determine your eligibility.

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How is financial aid determined?

The following is an example of how financial need is determined:

Student's Income & Assets + Family Income & Assets = Family Contribution
College Costs include tuition and fees, books and supplies, housing, meals, transportation, and personal expenses.
Then the . . .
College Costs - Family Contribution = Financial Need

NTCC will take this analysis and calculate your financial aid package.

The package might look like this:

Scholarship or Grant.. $ dollar figure
Work/Study...... $ dollar figure

Total Award

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How will I be notified?

An award letter will be prepared listing the type of aid and the estimated amount of your award. No money will be disbursed until your financial aid file is complete. If you are selected for verification by the processing center, you will need the following to complete your file.

1. Financial Aid Application/Verification form.
2. Student Aid Report (Pell Grant form).
3. Proof of previous year's income, taxable and untaxed.
4. Financial Aid Transcript, if applicable.
5. Other documents deemed necessary for verification.

Financial aid funds will generally be paid to you at registration each semester. Your tuition, and related college expenses will be credited to you account first. Pell funds will be applied before institutional athletic scholarships. Any remaining balance of federal or state aid will be paid to you in the form of cash disbursement within approximately 30 days. The exception, of course, is the Work-Study Program funds which are paid to you on a monthly basis as they are earned. Since this money is provided to meet both living and educational expenses for the semester, you will need to budget your money carefully.

Refunds will be returned to the appropriate program in the following manner:

1. Loan Programs (if applicable)
2. Scholarships
3. SEOG Program
4. Pell Program
5. SSIG Program
6. Student

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Is funding available for summer semesters?

Pell Grant funding is the only form of financial aid offered during summer sessions. A summer-only transfer student is not eligible for financial aid at Northeast, unless eligibility is left on his or her Pell. To be considered for summer Pell Grant funding, a student must:

1. Have remaining eligibility from their current academic year Student Aid Report, OR have a completed financial aid file for the upcoming academic year on file in the Financial Aid Office.
2. Be maintaining satisfactory academic progress (see policy below for details).

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What standards of satisfactory academic progress must be maintained?

The United States Department of Education guidelines require the Financial Aid Office at Northeast Texas Community College to monitor a student’s Satisfactory Academic Progress (SAP). SAP is accomplished by meeting minimum Grade Point Average (GPA) requirements and course completion in accordance with the Pace and Timeframe Requirement. SAP is evaluated each semester before financial aid is extended for the following term. One semester of non-compliance with the SAP Policy will cause the student to be placed on Financial Aid WARNING. While on Warning status, the student will continue to receive financial aid. The second consecutive semester a student attends with non-compliance will place the student on Financial Aid SUSPENSION. While on suspension, no further aid can be awarded. After grades are posted each semester, students on warning and suspension will be notified by campus email.

A transfer student from another institution must meet the SAP policy as evidenced by academic transcript(s) from prior institutions.

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What if I'm denied financial aid?

A student may be denied financial assistance for several reasons: insufficient need, shortage of financial aid funds, incomplete application, or failure to maintain satisfactory progress. If you are not eligible, come by the Financial Aid Office to check on other resources available.

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Can I appeal the denial?

If you are denied assistance you may petition the Financial Aid Director to consider any mitigating circumstances. Further appeal steps include a written appeal to the Financial Aid Director. The President of the college is the final appeal authority. These appeals must be made in writing and within 30 days after initial notification.

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What are my rights as a student?

You have the right to ask a school:

  • The names of its accrediting and licensing organizations.

  • About its programs, its instructional laboratory and other physical facilities; and its faculty.

  • What the cost of attending is, and what its policy is on refunds to students who drop out.

  • What financial assistance is available, including information on all federal, state, local, private, and institutional financial aid programs.

  • What the procedures and deadlines are for submitting applications for each available financial aid program.

  • How it selects financial aid recipients.

  • How it determines your financial need. This process includes how costs for tuition and fees, room and board, travel, books and supplies, and personal and miscellaneous expenses are considered in your cost of education. It also includes the resources considered in calculating your need (such as parental contribution, other financial aid, assets, etc.).

  • How much of your financial need, as determined by the school, has been met.

  • How and when you will be paid.

  • To explain each type and amount of assistance in your financial aid package.

  • What the interest rate is on any student loan you have, the total amount you must repay, the length of time you have to repay, when you must start repayment, and what cancellation or deferment (postponement) provisions apply.

  • If you are offered a work-study job, what kind of job it is, what hours you must work, what your duties will be, what the rate of pay will be, and how and when you will be paid.

  • To reconsider your aid package, if you believe a mistake has been made, or if your enrollment or financial aid circumstances have changed.

  • How the school determines whether you are making satisfactory progress and what happens if you are not.

  • What special facilities and services are available to the handicapped.

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What are my responsibilities as a student receiving financial aid?

It is your responsibility to:

  • Review and consider all information about a school's program before you enroll.

  • Pay special attention to your application for student financial aid, complete it accurately, and submit it on time to the right place. Errors can delay or prevent your receiving aid.

  • Know and comply with all deadlines for applying or reapplying for aid.

  • Notify your school of any information that has changed since you applied.

  • Read, understand, and keep copies of all forms you are asked to sign.

  • Repay any student loans you have. When you sign a promissory note, you are agreeing to repay your loan.

  • Attend an exit interview at your school, if you have Stafford Student Loan or PLUS/SLS Loan.

  • Notify your school of any change in your name, address, or attendance status (half-time, three-quarter time, or full-time). If you have a loan, you must also notify your lender of these changes.

  • Satisfactorily perform the work agreed upon in a Work-study job.

  • Understand you school's refund policy.

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Do I have to pay taxes on my scholarship or grant?

Effective January 1, 1987, all scholarships and grants are subject to taxation under the new tax reform act. The tax reform act allows exemptions for degree candidates in the amount received for tuition, required fees, required books, supplies, and equipment. The student will be responsible for justifying and documenting the allowable expenses to be excluded. Accurate records of scholarships and grants received and receipts for books, supplies, tuition, and required fees should be kept by each student to file with income tax returns. Questions and requests should be directed to the IRS or a private tax consultant.

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What are some of the types of assistance available?

Types of assistance

NOTE: Descriptions of financial aid as listed do not represent a contract and are subject to change at any time without notice.

Grants are gift funds and are awarded on the basis of financial need. A student's financial aid package may include grant money whenever guidelines and funding levels permit.

Federal Programs

* Federal Pell Grant

The Federal Pell Grant program is the largest of federal student aid programs and provides a "foundation" of financial aid to which aid from other federal and non-federal sources may be added. The Pell Grant is available only to undergraduate students who have not received a baccalaureate degree. Students may apply for this grant by using the Free Application for Federal Student Aid. These forms are available at the Financial Aid Office and must be submitted annually. Upon receipt of the Student Aid Report (SAR), the student must present all copies to the Financial Aid Office for further processing.

* Federal SEOG (Supplemental Educational Opportunity Grant)

This is an additional grant for undergraduates that may be awarded to exceptionally needy students. Grants range from $100 to $4,000 a year, depending on your need and the availability of SEOG funds and the amount of other aid you are receiving.

* Federal Work-Study Program

The Federal Work-Study Program provides part-time employment for U.S. citizens and permanent residents who are students and have a demonstrated financial need. Students employed under this program are paid minimum wage and may work up to 20 hours per week (depending upon their allocation and class schedule). Federal work-study students are not eligible for fringe benefits such as holiday, vacation or sick pay, and are paid on the basis of an hourly rate at the end of each month.
A current list of federal work-study jobs is available in the Financial Aid Office. To apply for this program, a student must submit the Free Application for Federal Student Aid to the appropriate processing service.

State Programs

The following state-sponsored programs are only available to students attending community colleges, technical colleges, and universities in Texas. They cannot be used out of state.

* Texas Nursing Scholarship (LVN and Professional)

Awards are made to students who are Texas residents, enrolled at least half-time, enrolled in a program leading to licensure as an LVN or an associate degree. Awards range from $1,500 to $2,000

* TPEG (Texas Public Educational Grant)

Grants are made available to Texas students with demonstrated need. Grants vary depending on available funds. (Authorized by House Bill No. 668, 64th Legislature, 1975).

* SSIG (State Student Incentive Grant)

The SSIG program is generated from federal and state funds. It is available to undergraduate students who establish financial need and enroll for a minimum of six semester hours.

* State Work-Study Program

The State Work-Study Program provides part-time employment for U.S. citizens and permanent residents who are students and have a demonstrated financial need. Students employed under this program are paid minimum wage and may work up to 20 hours per week (depending upon their allocation and class schedule). State work-study students are not eligible for fringe benefits such as holiday, vacation, or sick pay, and are paid an hourly rate at the end of each month. A current list of state work-study jobs is available in the Financial Aid Office. To apply for this program, a student must submit a Free Application for Federal Student Aid to the appropriate processing service.

Ask your financial aid office about other tuition and/or fee exemptions from the state of Texas.

Institutional Programs

* Student Part-Time Employment

Employment is available to students who want to work but do not qualify for college work-study or have not received other need-based financial aid assistance. On-campus student employees are paid monthly and are not eligible for fringe benefits such as holiday, vacation, or sick pay.

* Funding is limited for this program, therefor placement will be made on a first come, first served basis. Placement will begin during the first week of classes for each regular semester.

* Institutional Short-Term Loans

Short-term loans are available to assist you with tuition and fees only. These loans must be repaid within 60 days.

* Institutional Scholarships

Northeast offers Departmental Scholarships for the following areas: Art, Athletics, Music, Nursing, Theatre. To apply for these scholarships contact the department head.

* Academic Scholarships

Academic Scholarships are awarded in May for the fall and spring semester for the following academic year. Applications are available in the Financial Aid Office. Deadline for submitting applications is April 15.A number of local organizations, businesses, and individuals provide scholarships to students through the Northeast Foundation. These scholarships are awarded by the Northeast Scholarship Committee. Contact the Financial Aid Office for information and applications.

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What types of scholarships are available through NTCC?

Click here to see a list of available scholarships.

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Is loan counseling for Stafford Student Loans and Supplemental Loans for student borrowers available?

Northeast no longer participates in the Federal Family Student Loan Program.

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What are the dates and deadlines for financial aid?

If you need financial aid for this semester: Submit documentation by:
Fall Semester June 1
Spring Semester October 1
Summer April 1

Dates listed above are priority dates. Applications received after these dates will be processed as time and availability of funds permit. You must reapply for financial assistance each academic year. Your award does not continue automatically beyond the period awarded.

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The Financial Aid Office is located in the Administration Building on the Northeast's Main campus.
For More Information Contact:
Financial Aid Office

Office Hours:
Monday - Thursday : 8am - 6pm
Friday : 8 am - Noon
Saturday & Sunday : Closed

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This page last updated by K. Lawrence on 03/17/2016

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