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 Financial Aid Process

Application Procedure

  • Complete the Free Application for Federal Student Aid (FAFSA) at http://www.fafsa.gov/
  • NWTC’s Title IV School Code is 005301
  • You will receive a Student Aid Report (SAR) from the Federal Processing Center within 7 – 10 business days. Review the information you provided on your application. If corrections are needed, notify the Financial Aid Office.
  • Provide all additional information the Financial Aid Office requests.
  • Apply and be accepted to a degree program.

 

Upon completion of your financial aid file the Financial Aid Office will prepare a Financial Aid Award that indicates the types and amounts of financial aid you are eligible to receive. You will be notified by e-mail at your NWTC e-mail account when your award is available to be viewed on-line at your my.NWTC account.

You must apply for financial aid each academic year. The Free Application for Federal Student Aid (FAFSA) is available in January for the next school year.

Enrollment status is determined as follows for Financial Aid purposes:

Fall/Spring Semester

    • Full-time = 12 or more credits
    • Three-quarter time = 9 - 11 credits
    • Half-time= 6 - 8 credits
    • Less than half-time = 1 - 5 credits
    • Not Enrolled = 0 credits

Summer Semester:

    • Full-time = 12 or more credits
    • Three-quarter time = 9 - 11 credits
    • Half-time= 6 - 8 credits
    • Less than half-time = 1 - 5 credits
    • Not Enrolled = 0 credits
 

Your enrollment status for financial aid purposes is fixed as of the census date of each semester or when your financial aid is disbursed.

While your award will not be adjusted down if you drop a class after the census date, the Financial Aid Office will not increase your financial aid if you enroll in additional credits after the census date of each semester. Dropping courses after your initial disbursement, but before the census date could result in a partial repayment of the Pell Grant you received.  Dropping late starting courses before their start date could result in a partial repayment of the Pell Grant you received.

 

Credits received for Prior Learning (such as Credit by Work Experience), Credit by Exam, Transfer of Credit, and Audit do not count for financial aid purposes.

In order for remedial classes to count for financial aid purposes, they must appear on the state listing of approved classes.

 Award Procedure:

This is the procedure to follow when you receive notification that your Financial Aid Award is available on-line:

  1. Click the my.NWTC link.
  2. If you have a login and password, sign in and click on the Student Center tab and scroll down to the Finances section.
  3. If you don't have an existing login, click on "Returning Student" and follow the directions to create your account and then sign in.
  4. To accept/decline your awards, click on the "Accept/Decline Financial Aid" link. Please note: Loans do not appear as anticipated financial aid on your school account until you accept them.

 Questions?   Call 498-5444 or 1-888-385-6982