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Financial Aid

Financial aid helps you and your family pay for your education. Some aid needs to be paid back, while some is considered gift-aid (including grants and scholarships) and does not need to be repaid. The amount of financial aid you are eligible for depends on a number of factors, such as your family’s expected contribution, if you are a veteran and other variables.

If you want to receive an estimate on what it will cost to obtain an education, you can utilize the Net Price Calculator.


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 You’ll need NTC’s Federal School Code (005387) to complete the application.


The amount and type of aid you can receive depends upon your family’s income and assets, along with your eligibility according to state and federal regulations. (FAFSA table/tool will need to be included here)

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, officially accepting your aid offer and requesting a book voucher.


The largest source of financial aid funding are loans, which are borrowed funds that need to be repaid, with interest. Loans are legal obligations, so before you take out a student loan, you should consider the amount you will have to repay following graduation.

Federal Direct Loans

You must be enrolled in a minimum of six credits to be eligible for Federal Direct Loans. These funds are borrowed directly through the federal government, and give you the option to choose from several payment plans.

Loans are classified as either subsidized, or unsubsidized. Subsidized loans are based on need, and don’t accumulate interest until after you graduate. Unsubsidized loans are not need-based and begin incurring interest immediately.

Parent PLUS Loans

These loans allow parents with good credit histories to borrow funds for the educational expenses of their dependent students. Parent PLUS loans can be used to pay for tuition and fees, room and board, books and supplies, transportation and other costs of attending college.

Alternative Student Loans

Also referred to a private student loans, are taken out directly from lending institutions. We encourage you to exhaust all federal aid and direct loan opportunities before applying for an alternative loan, since most alternative loans offer variable interest rates and direct loan opportunities offer fixed interest rates.


Grants are funds that typically do not have to be repaid if you attend your classes throughout the semester. Grants are typically based on need, with your eligibility being determined by your FAFSA results.

It’s very important to apply early for grants, as earlier applications can take priority in certain circumstances. Grant funding can come from federal or state sources.

Federal Grants

The U.S. Department of Education offers a variety of federal grants to students attending college. As an NTC student, you may be eligible for the following grants.

Pell Grant

These grants are awarded to students enrolled in a minimum of one credit who have high financial need, based on their expected family contribution. The amount awarded varies based on the number of credits you take.

Supplemental Educational Opportunity Grant (SEOG)

The SEO grant is awarded to students with exceptional financial need, and gives priority to those who received Federal Pell Grants. The maximum award is $500 per academic year, and you must be enrolled in at least six credits.

Wisconsin State Grants

Many grants are available through the state of Wisconsin. Below are some of the options most commonly used by NTC students. You can learn more about these grants through the State of Wisconsin Higher Educational Aids Board.

  • Wisconsin Higher Education Grant (WHEG)
  • Native American Grants (WIA, BIA)
  • Minority Retention Grant Program (MINR)
  • Talent Incentive Program (TIP)
  • Hearing & Visually Handicapped Student Grant
  • Wisconsin Academic Excellence Scholarship


Scholarships help you fund your education by providing financial assistance that can be used to pay for tuition, books and other school-related expenses. The two categories of scholarships available to NTC students are NTC Foundation scholarships and external scholarships.

NTC Foundation Scholarships

Applying for NTC Foundation scholarships is a great and effective way to offset the cost of attending college. You only need to fill out one application to become eligible for the hundreds of scholarships available through the NTC Foundation.

High school seniors may also qualify for the NTC Promise, an initiative that provides free college tuition for graduates within NTC’s district. If you meet the proper criteria, the cost of tuition and fees will be covered by donated funds, after federal and state financial aid (excluding loans and work-study) and scholarships have been applied.

External Scholarships

Organizations outside of NTC also provide scholarship opportunities for students. Some applications are turned into the NTC Financial Aid office directly, while others are submitted to the organization offering the award.


NTC has part-time work-study jobs on campus for students who are financially eligible. Work-study students are paid an hourly wage, allowing you to earn money to pay for your educational or personal expenses.

The best part is that you are often able to select a job related to your program area, giving you valuable experience that can be shared on your resume.

You must be enrolled in a minimum of six credits to participate in order to request a work-study award and maintain academic progress toward completion of your associate degree or technical diploma.

Contact Us

We’re happy to answer any questions you may have about how the financial aid process works for new students. Please feel free to reach out for more information.


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