Financial Aid Menu

Applying for Financial Aid

While NTC is a very affordable option for college students, many students still require some form of financial assistance to pay for their tuition, books and other fees. We are happy to connect you with the resources you need to pay for college.

Please keep in mind that you need to complete the financial aid process every year, regardless of if you are a new or continuing student.

Our Financial Aid Office will reach out and communicate with you through every step of the process, but below we’ve outlined the most important steps.

Step 1: Fill out the FAFSA

The first step in the financial aid process is to fill out the Free Application for Federal Student Aid (FAFSA). This form needs to be completed each year you are enrolled in college. The FAFSA is the one application you need to complete in order to receive federal and state aid, and can be found at www.fafsa.gov.

What You’ll Need

After applying for a FSA ID, which allows you to sign the FAFSA electronically, you should gather the following items (if applicable) for you and your parents in order to efficiently complete the FAFSA.

  1. Income tax return and W2s
  2. Untaxed Income Records, such as child support or veterans non-education benefits
  3. Information on savings, investments, business assets and farm assets
  4. Driver’s license
  5. Social Security Number
  6. Alien Registration Card or Permanent Resident Card (if not a U.S. citizen)
  7. Date of birth for parents, and month and year of parents’ marriage, divorce or separation
  8. NTC’s Federal School Code (005387)

We encourage you to use the IRS data retrieval tool when filling out the FAFSA, as this connects your tax information to the application and decreases the chance that you’ll have to provide additional verification information later on in the process.

The new FAFSA form becomes available on October 1 each year, and applies to the following school year.

Please note: If your parents are separated or divorced, your custodial parent is responsible for filling out the FAFSA. This guide provides more explanation.

Step 2: Check Your NTC Email for Notice of Verification

After you’ve submitted your FAFSA, you’ll want to keep an eye on your NTC email account to see if you’ve been selected by the federal processing center for FAFSA verification. You may be selected randomly, or there may be a problem with your application, such as your FAFSA being incomplete, containing estimated information, or being inconsistent.

If you are selected, we will send you an email that contains a checklist of items that need to be sent to NTC’s Financial Aid Office. Failure to respond to a verification request will result in your financial aid request being cancelled and any future aid not disbursing.

Step 3: Verify Enrollment Status

To receive aid, you need to be accepted into a financial aid eligible program and registered for classes for the upcoming semester. If there are issues during this point in the process, we will reach out to you.

Step 4: Accept Your Financial Aid Offer

Once we’ve confirmed that you have been accepted into your program and registered for classes, we will award you a financial aid offer. The amount of aid is based on your level of enrollment (whether you are full-time or half-time).

You’ll receive an email from us stating that you have an offer waiting, and you should log into myNTC to view it. Any grants you may qualify for will already be accepted on your behalf (these are funds that typically don’t need to be paid back if you continue to attend class throughout the semester), but loans need to be accepted or declined.

Step 5: Request a Book Voucher

After accepting your award, you can view the Book Voucher menu option in myNTC. Book vouchers allow you to charge your textbooks and other school-related supplies against any excess financial aid you are receiving so you can purchase these items before the semester begins.

You can also contact our Financial Aid office throughout the semester if special circumstances arise, such as a change in your enrollment status (if you change from being a part-time student to a full-time student), or other major life changes that may affect you financially (if one of your parents becomes unemployed, etc.).

Requesting Additional Loans

If you already have a Federal Direct Loan but find that you are in need of additional loan funds, you can fill out the Additional Loan Request Form.

It’s important to remember that there is a maximum lifetime limit you can borrow in Federal Direct Loans, which is called the Aggregate Loan Limit. Once you hit this limit, you can’t borrow additional funds until your loans are paid down.

Aggregate Loan Limits

Dependent $31,000 - No more than $23,000 of this amount may be in subsidized loans
Independent $57,500 for undergraduates - No more than $23,000 of this amount may be in subsidized loans.