A list of questions related to the category you selected are listed below. To view the answer to any FAQ below, click the answer link. To select another category of FAQs, you may click the category buttons to your left.

Frequently Asked Questions - General Information

1. When will financial aid for the semester be disbursed? ANSWER
2. If I drop a class during the course of a semester and my enrollment changes from being a full-time student to a half-time student, will this affect the financial aid I received? ANSWER
3. What is the Federal school code for Northcentral Technical College? ANSWER
4. What is Financial Aid? ANSWER
5. Does it cost anything to apply for financial aid? ANSWER
6. When should I apply for financial aid? ANSWER
7. How do I know if I will be eligible for financial aid? ANSWER
8. I probably don't qualify for aid. Should I apply for aid anyway? ANSWER
9. Do I have to be a full-time student to receive financial aid? ANSWER
10. How do I get financial aid? ANSWER
11. What happens after I apply for financial aid? ANSWER
12. Do I need a PIN number? ANSWER
13. Do I need to complete the FAFSA online? ANSWER
14. Do I have to fill out a new FAFSA every year? ANSWER
15. What is the deadline for applying for financial aid? ANSWER
16. What does "Selected for Verification" mean? ANSWER
17. What will be required if I am selected for verification? ANSWER
18. What if you or your family’s income has changed since last year? ANSWER
19. I don’t live with my parents. Do I have to have my parents complete their section on the FAFSA? Can I be considered an independent student? ANSWER
20. My parents did not claim me on their tax return. Am I required to supply their income and asset information on the FAFSA? ANSWER
21. My parents are separated or divorced. Which parent is responsible for filling out the FAFSA? ANSWER
22. My parents are divorced, and the parent I'm living with has remarried. Does my step-parent have to report his or her income and assets on the FAFSA? ANSWER
23. What is a SAR and what do I do with it? ANSWER
24. What is an "Expected Family Contribution" or EFC? ANSWER
25. What is cost of attendance? ANSWER
26. How is financial need determined? ANSWER
27. How do I make a correction to my financial aid? ANSWER
28. I originally filled out my FAFSA with a different school listed. How do I add NTC? ANSWER
29. I heard I have to be accepted into an “eligible” program of study to receive financial aid. What does that mean? ANSWER
30. Do I need to be admitted into a program before I can apply for financial aid? ANSWER
31. Do I need to notify the Financial Aid Office after I sign up for classes to let them know my enrollment status? ANSWER
32. How much financial aid will I get? ANSWER
33. When will I get my financial aid? ANSWER
34. How do I Accept/Decline my Financial Aid Award? ANSWER
35. How do I complete the Entrance Counseling? ANSWER
36. How do I complete my Master Promissory Note (MPN)? ANSWER
37. Do I pick up my check at the Cashier's Office? ANSWER
38. Am I eligible for the same financial aid awards every year? ANSWER
39. Can I defer payment of my fees and tuition until my financial aid comes in? ANSWER
40. Can I defer payment of my books? ANSWER
41. Will I have to pay back my financial aid if I withdraw from my classes? ANSWER
42. What is the difference between a subsidized loan and an unsubsidized loan? ANSWER
43. What if I only want a loan? ANSWER
44. How much can I borrow on a student loan? ANSWER
45. Can I just go to the bank to get a student loan? ANSWER
46. Can I cancel my loan if I don’t need it? ANSWER
47. Why isn’t my loan here yet? ANSWER
48. What is a Master Promissory Note (MPN)? ANSWER
49. What is the interest rate on student loans? ANSWER
50. Can I get more loan than what I was awarded? ANSWER
51. When do I pay back my loan? ANSWER
52. What is a PLUS loan? ANSWER
53. What is the interest rate on a PLUS loan? ANSWER
54. How do I apply for a PLUS loan? ANSWER
55. What is a WHEG? ANSWER
56. How do I apply for state grants? ANSWER
57. Why haven’t I received my WHEG (WI Higher Education Grant)? ANSWER
58. What is a SEOG? ANSWER
59. What is work-study? ANSWER
60. How do I apply for a work-study job? ANSWER
61. Do I need to have good grades to receive financial aid? ANSWER
62. I’m taking classes at another college in addition to my classes at NTC. Can I get financial aid there too? ANSWER
63. I'm only taking general education courses, am I eligible for financial aid? ANSWER
64. My parent is also taking classes, should I include them as going to college on my FAFSA? ANSWER
65. Does the college take into account my living expenses when determining financial aid? ANSWER
66. What if I decide to transfer to another college? ANSWER
67. What if I receive a scholarship from my high school or a community group? Do I have to notify the financial aid office? ANSWER
68. How will other benefits such as DVR, Veterans, Third Party affect my aid? ANSWER
69. I need help, what do I do? ANSWER