Financial Aid : Financial Aid (FAFSA)
Your first and most important step in the financial aid process is to fill out the Free Application for Federal Student Aid (FAFSA).
The FAFSA is the one application you need to complete in order to receive federal and state aid, and can be found at studentaid.gov. You’ll need NTC’s Federal School Code (005387) to complete the application.
Each year, the FAFSA opens on Oct. 1. File your FAFSA as close to Oct. 1 as possible to improve your chances of qualifying for the most grant, scholarship and work-study aid. The federal government gives students a deadline of June 30, 2021, for the 2020-21 school year to file the FAFSA
When filing your FAFSA, you will provide personal information (Social Security Number, date of birth), as well as financial information (income, investments). All of this is used to determine your Expected Family Contribution (EFC). Your EFC is an index number that is used to determine how much financial aid you’re eligible to receive. Your EFC is calculated according to a formula established by law and the information from your FAFSA.
There are a handful of additional steps that come after the completion of your FAFSA, and we will communicate those to you as they come up. These include checking your NTC email to see if you are selected for verification, gaining acceptance into a financial aid eligible program, and officially accepting your aid offer.