Financial Aid
Veterans Student Payment Policy
Time to file FAFSA Applications!
NET PRICE CALCULATOR NOTICE:
In accordance with the Higher Education Opportunity Act ( See HEOA Sec. 111 which amended HEA Title I, Part C: added HEA Sec. 132(a), Sec. 132(h) (20 U.S.C. 1015a(a), 20 U.S.C. 1015a(h)), each postsecondary institution that participates in Title IV Federal Student Aid (FSA) programs must post a net price calculator on its website that uses institutional cost of attendance data to provide estimated net price information to current and prospective students that enroll full-time, first-time degree – or certificate-seeking undergraduate and their families based on a student’s individual circumstances. This calculator allows students to calculate an estimated net price of attendance at an institution (defined as the cost of attendance minus grant and scholarship aid) based on what similar students paid in a previous year.
Click Here to Access NET Price Calculator
Pell Grants
The North Florida Technical College offers only one type of federally funded financial aid, the Pell grant. Pell Grants are awarded to help students pay for their education after high school. For many students, these grants provide a "foundation" of financial aid to which aid from other sources may be added. Unlike loans, grants do not have to be paid back.
To apply for the Pell grant, click here. The federal school number to enter for North Florida Technical College is 033823. Other financial aid options may be available for those that may not qualify for PELL. For more information or assistance with the application process, contact the Financial Aid Coordinator at (904) 966-6765.
Eligibility for Receiving Financial Aid
- Students must have a standard high school diploma or GED.
- The student must be enrolled at NFTC as a certificate-seeking student in an eligible program of study to receive a financial aid award.
- Students can only receive funding from one school at a time.
- Students in default on a federal student loan are ineligible for federal and state financial aid.
- Eligibility for federal aid depends upon meeting standards of Satisfactory Academic Progress (SAP).
- Enrolled in a program of 600 hours or more.
- Attend 20 hours or more each week.
Conditions for Receiving Financial Aid
- Financial Aid funds are disbursed based upon payment periods. Aid may be credited to a student’s account. A credit balance will be disbursed to the student after disbursement is processed if the student did not authorize NFTC to hold the credit balance.
- Any award is contingent upon actual receipt of funds from the federal and/or state government by North Florida Technical College.
- To continue receiving aid, the student must remain enrolled in an eligible program 600 hours or more and must earn Satisfactory Academic Progress. You must also attend 20 hours or more each week and when classes are scheduled.
- Students are responsible for reporting to the Financial Aid office any other scholarships or financial assistance not reported previously. Students are responsible for reporting scholarships and other financial assistance to their sponsoring agencies.
- Students are responsible for notifying the Financial Aid Office immediately of any changes in name, address, or telephone number.
- Students are responsible for notifying the Student Services office of changes in enrollment status including change of program, leave of absence, and completion or withdrawal dates. These changes may affect your financial aid award.
- Students must complete 40 percent of a payment period before funds are disbursed.
- All verification documents must be submitted to the Financial Aid Office before funds are disbursed.
- Students may be responsible for payment when repeating a program or any portion of a program. Students must verify their status with the Financial Aid office.
- Upon withdrawal, a student’s financial aid will be recalculated based upon the Return to Title IV (R2T4) calculation. If it is determined the student has completed 60% or less than the scheduled hours for the payment period, he/she will be responsible for an overpayment. An overpayment of a financial aid award means that the payment exceeds the amount you are eligible to receive.
- Students are responsible for any financial aid overpayment. An overpayment may occur as a result of a change of enrollment status. Until complete repayment of the over-award is made, a hold will be placed on the student records and the student will not be able to register for any program. A student overpayment of federal grant funds will be reported in the National Student Loan Data System (NSLDS).
- Financial Aid awards are not renewed automatically. Students must re-apply each year. Applications become available at fafsa.ed.gov in October of each year.
- Students who graduate from their program before completing the required published hours of the program may owe dispersed federal student aid funds back to the federal government.
Conditions are subject to change in compliance with new federal and state regulations.
Satisfactory Academic Progress
The Federal Pell Grant requires all students to maintain Satisfactory Academic Progress AT ALL TIMES to continue eligibility. Federal Pell regulations require both Quantitative and Qualitative measures of progress. This means satisfactory progress in program hours and weeks, as well as maintaining a cumulative passing grade.
North Florida Technical College (NFTC) requires students to maintain a “C” average or better (2.0) for Satisfactory Academic Progress (SAP). The period for attendance, grades, and progress is from the beginning to the end of the program. NFTC checks SAP several times throughout the enrollment period.
NFTC has the right to delay Pell disbursements if a student is not meeting SAP. Program instructors submit monthly attendance at the end of each month verifying attendance. Progress will be checked each payment period. Students with excessive absences resulting in the inability to complete their designated program within 150% of program hours will be withdrawn.
NFTC In-House Scholarships
These scholarships are awarded through an application through North Florida Technical College Financial Aid Office. Scholarships are limited to funds available and you must first submit a FAFSA application to qualify for the scholarship. Awards are based on TABE scores, financial situations, and your FAFSA application.
Florida Student Assistance Grant (FSAG)
The FSAG grant is a state-funded grant and is utilized for fees, books, and supplies. The FSAG grant is based on the need and availability of funds. All students must apply for the Federal Pell Grant, is Florida resident, and be enrolled at a full-time status to be eligible to receive the FSAG grant. Eligible students will be offered the FSAG application based on the outcome of the verification and award process.
Bright Futures
North Florida Technical College accepts the following Bright Futures Scholarships: Florida Academic Top Scholars, Florida Medallion Scholars, and Gold Seal Vocational Scholars. Please see the Financial Aid Office for additional information. Students should apply during the last year of high school.
Florida Prepaid
Florida Prepaid can be used at North Florida Technical College. There are other scholarships accepted at NFTC with individual guidelines. It is the student’s responsibility to secure these scholarships and provide the necessary documentation to NFTC’s Bookkeeper.
Veterans
North Florida Technical College is approved for Veterans training. Any Veteran or other eligible student who receives benefits under Chapter 30, 32, 33 (Post 911) or Chapter 35 may use these benefits at NFTC. Questions regarding eligibility should be directed to the Veteran's Approval Agency of Florida, at 1-(888) 442-4551, or the GI Bill website here or you may contact the school Certifying V.A. Official/Financial Aid Coordinator at (904) 966-6765.
Veterans who receive educational benefits for attending classes at NFTC are expected to maintain attendance and demonstrate progress.
Veterans Student Attendance: Veterans cannot exceed 24 hours of absences in one month, if they are attending 30 hours per week, per the Veteran Benefit Guidelines. You must complete 80 percent of class time in a one-month period. If you exceed over 20 percent of scheduled class hours in one month, your VA benefits will be terminated until you attend one month of attendance within the policy guidelines. After 30 days of satisfactory attendance, your benefits will be reinstated.
This policy is mandated and in compliance with the Veterans Approving Agency Title 38, United States Code 3676(c) (14). You must also follow the NFTC Attendance Policy in not exceeding more than 40 hours of absences each semester.
Veterans Student Progress: An evaluation will be made to determine if the veteran has had prior training which could apply to the program in which he/she is enrolled. If it is determined that "prior" credit can be allowed, the training time will be reduced accordingly and the student and the VA will be notified.
Each veteran student is expected to maintain an average of "C" or higher and complete student performance skills at a rate that will allow him/her to complete the program within the number of hours of training that has been approved by the state approving agency. Records indicating grades and hours of training will be kept in the student's VA file and updated each semester.
If the student fails to maintain an average grade of "C" or better, he/she will be placed on probation for one grading period. If the student fails to bring up the grade to at least a "C" average during the probationary period, the VA will be notified and a request made to terminate his/her educational benefits. Students who have been dismissed for unsatisfactory progress may request readmission after another grading period has elapsed. If there is a reasonable likelihood that the student has the capability to maintain satisfactory progress, a decision will be made to readmit the student in the class and recertify him/her to the VA.
Apply for benefits at
http://www.benefits.va.gov/