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Financial Assistance Process

Financial Assistance Process

Financial Assistance Process

Step 1:  Apply for a Federal Student Aid User ID & password at www.fafsa.gov if you don't already have a Federal Student Aid User ID & password.

The Federal Student Aid (FSA) username and password serves as your electronic signature for federal student aid. 

Step 2:  Complete, sign and submit the Free Application for Federal Student Aid (FAFSA) to the US Department of Education at www.fafsa.gov.

The Enrollment Center has a computer lab available for students and parents to complete the FAFSA.  Please contact the Enrollment Center to inquire about available time slots for assistance. 

The FAFSA can be submitted prior to completing an admissions application.  However, the financial aid application will not be process by the Office of Student Financial Assistance (OSFA) until you complete an admissions application and pay the applicable application fee. You must complete a FAFSA application or renewal application annually for the new academic year which begins with each fall semester.  Applications can be submitted after October 1^st of each year.  It is recommended that student and parent’s import tax information into the FAFSA using the IRS Data Retrieval Tool which is a tool located within the FAFSA.

PRIORITY FILING DATE:  NETC's priority filing date to complete the FAFSA is June 30th of each year for fall enrollment start, December 31st for spring enrollment start.   Students interested in enrolling for summer should apply by April 1^st.  Students that apply by the priority filing date generally receive the best financial aid package because the student is considered for additional grants that are available.  Students that apply after the priority filing date for fall and spring enrollment will not be considered for additional funding.  Also, students who applied after the priority filing date will not be allowed to take advantage of early registration unless fees are paid up front out of pocket.

NETC's SCHOOL CODE:  007602

Special Circumstances

If a student experiences financial hardships during the current tax year, the student may request a special circumstance review of their application.  The student must request the special circumstance review and submit all supporting documentation at least 6 weeks prior to registration.  Requests receive less than 6 weeks prior to registration will not be reviewed until after registration.  The student should be prepared to pay tuition, fees, and books until the review is completed.

Step 3:  Check your Self Service account for missing documentation.  Follow the steps below to log into your Self-Service account.

• Log into your NETC Portal account at www.netc.edu
• Click on Self-Service under the Bookmark section.  Your username is your first and last name in lowercase letters with no spaces.  Your password is the last seven digits of your social security number.
• Click on Financial Aid
• Make sure you select the correct award year at the top of the page
• Click on complete required documents

Note:  Your Self-Service account will not immediately update once you submit your required documents electronically.  Please allow 7 to 14 business days for your Self-Service account to update.

Step 4:  Complete the verification process.

The Department of Education flags a percentage of FAFSAs submitted to the processing center.  Students selected, by the US Department of Education, for verification can check their Self-Service account to complete, sign, and submit electronically all required documents.  Please allow 7 to 14 business days for your account to update.

Students selected for verification by the Department of Education must submit to the Office of Student Financial Assistance documentation to verify certain data reported on the Free Application for Federal Student Aid (FAFSA).  Students and parents are encouraged to request a copy of their IRS Tax Return transcript when they complete their FAFSA if the IRS Data Retrieval Tool was not used because this information will be needed if the FAFSA is selected for verification.  Students and parents can request the IRS Tax Return transcript from the IRS website at www.irs.gov.    

Your financial aid file is considered incomplete and financial assistance cannot be awarded until we receive all of the requested documentation.  Please allow the Office of Student Financial Assistance 7 to 14 business days, from the receipt of all required documentation, to process your financial aid award package.

Step 5:  Check your Self Service account for your award status.

You will need to check your Self Service account to view your financial aid award status. Follow the steps below to log into your Self-Service account.

• Log into your NETC Portal account at www.netc.edu
• Click on Self-Service under the Bookmark section.  Your username is your first and last name in lowercase letters with no spaces.  Your password is the last seven digits of your social security number.
• Click on Financial Aid
• Make sure you select the correct award year at the top of the page
• You will see your checklist.  You can view your required documents list, SAP status, FA Shopping sheet, award letter, and so much more using Self-Service. 

Transient Students

Students enrolled at another institution and desires to take courses at NETC for one semester and transfer those courses back to their home institution is considered a transient student.  The student must contact his/her home institution to inquire about financial aid availability to take courses at NETC.

Students cannot receive financial assistance for same semester enrollment at more than one college.

Handout:

Financial Aid Process

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    • Getting Started - FAFSA
      • Financial Assistance Process
      • Federal Student Aid Estimator
    • Verification Process
    • FA Forms
    • Award Process
    • Checking Your Financial Aid Status
      • FA PUBLICATIONS
    • Enrollment Status for Financial Aid
      • FA Census Dates
    • Return of Title IV Funds - (Complete Withdrawal From School)
    • Your Rights & Responsibilities
    • Federal Aid Programs
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