IMPORTANT NOTES FOR SUMMER 2013 FINANCIAL AID SUMMER 2013 FINANCIAL AID PROCESS Summer, 2013 Aid Processing will begin on approximately April 22, 2013. If you will be attending JCTC for the Summer 2013 Semester and would like to receive Financial Aid, you must do the following: Complete the 2012-13 Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov. The School Code is 006961. If you received financial aid at JCTC during the Fall 2012 and/or Spring 2013, you have met this requirement. You should also be sure to file the 2013-2014 Free Application for Federal Student Aid (FAFSA) to get prepared for the Fall, 2013 semester. Register for Summer 2013 classes (required). Aid will be processed first come, first served based on enrollment date and then FAFSA filing date. Financial Aid MAY NOT be available to meet payment deadline for classes that start on 5/13/13. Provide the JCTC Financial Aid Office with information regarding any 3rd Party Financial Resources such as Scholarships, Employer Assistance, etc. Submit any additional documentation requested by the Financial Aid Office. You will receive notice of your aid status via your KCTCS Student Email account – please review this account regularly. After students register for Summer, 2013 courses AND have a 2012-2013 FAFSA with the 006961 JCTC school code on file, it will take approximately 10 business days for us to review and respond to your request for financial aid. If your Satisfactory Academic Progress (SAP) status is currently at Warning, Probation, or Plan of Action we cannot process your request for financial aid for the Summer, 2013 term until the “End of Term Processing” for the Spring, 2013 semester is complete and academic progress evaluations can be finalized. If your SAP status is evaluated to be in “NOT MEETS” or “SUSPEND”, you will not be eligible for Summer financial aid unless an appeal approval is granted. Please visit our forms page for the SAP Appeal Procedures and Forms. BOOK CHARGE DATES USING ANTICIPATED FINANCIAL AID AWARDS: Summer 2013 = May 24, 2013 through June 11, 2013 Financial Aid MAY NOT be available to meet the payment deadline or to purchase books for classes that start on May 13, 2013. Please be sure you have a Financial Aid Release (FAR) form on record. You can obtain the FAR form at the Financial Aid Office or from the "Forms" page on our web site. It may also be available from your Student Self-Service. SUMMER LOAN INFORMATION If you choose to accept any offered student loan, please be advised that loans where the first disbursement has NOT DISBURSED by July 1, 2013 will have to be cancelled and re-offered with a NEW higher origination fee. Due to the sequestration regulations, the loan origination fees will increase on July 1, 2013 to for new loans, therefore those loans originated prior to July 1 with a first disbursement still outstanding will be cancelled and reprocessed under the new higher 1.05% origination fees. To ensure your loan is not delayed, be sure to sign your Master Promissory Note (MPN) and complete Entrance Loan Counseling at www.studentloans.gov immediately after you accept your loan. Please also remember to remain enrolled in at least 6 credit hours or more and to always to be in good academic standing in your coursework.
IMPORTANT NOTES FOR SUMMER 2013 FINANCIAL AID
SUMMER 2013 FINANCIAL AID PROCESS
Summer, 2013 Aid Processing will begin on approximately April 22, 2013. If you will be attending JCTC for the Summer 2013 Semester and would like to receive Financial Aid, you must do the following:
After students register for Summer, 2013 courses AND have a 2012-2013 FAFSA with the 006961 JCTC school code on file, it will take approximately 10 business days for us to review and respond to your request for financial aid. If your Satisfactory Academic Progress (SAP) status is currently at Warning, Probation, or Plan of Action we cannot process your request for financial aid for the Summer, 2013 term until the “End of Term Processing” for the Spring, 2013 semester is complete and academic progress evaluations can be finalized. If your SAP status is evaluated to be in “NOT MEETS” or “SUSPEND”, you will not be eligible for Summer financial aid unless an appeal approval is granted. Please visit our forms page for the SAP Appeal Procedures and Forms.
After students register for Summer, 2013 courses AND have a 2012-2013 FAFSA with the 006961 JCTC school code on file, it will take approximately 10 business days for us to review and respond to your request for financial aid. If your Satisfactory Academic Progress (SAP) status is currently at Warning, Probation, or Plan of Action we cannot process your request for financial aid for the Summer, 2013 term until the “End of Term Processing” for the Spring, 2013 semester is complete and academic progress evaluations can be finalized.
If your SAP status is evaluated to be in “NOT MEETS” or “SUSPEND”, you will not be eligible for Summer financial aid unless an appeal approval is granted.
Please visit our forms page for the SAP Appeal Procedures and Forms.
BOOK CHARGE DATES USING ANTICIPATED FINANCIAL AID AWARDS:
Summer 2013 = May 24, 2013 through June 11, 2013 Financial Aid MAY NOT be available to meet the payment deadline or to purchase books for classes that start on May 13, 2013. Please be sure you have a Financial Aid Release (FAR) form on record. You can obtain the FAR form at the Financial Aid Office or from the "Forms" page on our web site. It may also be available from your Student Self-Service.
Summer 2013 = May 24, 2013 through June 11, 2013
Financial Aid MAY NOT be available to meet the payment deadline or to purchase books for classes that start on May 13, 2013.
Please be sure you have a Financial Aid Release (FAR) form on record. You can obtain the FAR form at the Financial Aid Office or from the "Forms" page on our web site. It may also be available from your Student Self-Service.
SUMMER LOAN INFORMATION
If you choose to accept any offered student loan, please be advised that loans where the first disbursement has NOT DISBURSED by July 1, 2013 will have to be cancelled and re-offered with a NEW higher origination fee. Due to the sequestration regulations, the loan origination fees will increase on July 1, 2013 to for new loans, therefore those loans originated prior to July 1 with a first disbursement still outstanding will be cancelled and reprocessed under the new higher 1.05% origination fees. To ensure your loan is not delayed, be sure to sign your Master Promissory Note (MPN) and complete Entrance Loan Counseling at www.studentloans.gov immediately after you accept your loan. Please also remember to remain enrolled in at least 6 credit hours or more and to always to be in good academic standing in your coursework.
If you will be attending JCTC for the Fall, 2012, Spring 2013, or Summer 2013 terms and would like to receive Financial Aid, you must do the following: Complete the 2012-13 Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov. Our School Code is 006961. You should do this as early after January 1, 2012 as possible. The form cannot be submitted to the Department of Education after June 30, 2013. Have a current Application for Admission or Current Registration on file. Be making Satisfactory Academic Progress according to federal and institution guidelines. Provide the JCTC Financial Aid Office with information regarding any 3rd Party Financial Resources such as Scholarships, Employer Assistance, etc. Submit any additional documentation requested by the Financial Aid Office. Understand the chart below regarding tuition payment deadline and financial aid awards. Term Application [Please note you must also apply for Admission to JCTC]. Processing Deadline Date for Financial Aid file completion prior to Payment Due Date. Fall 2012 2012-2013 FAFSA June 15th prior to Fall start Spring 2013 2012-2013 FAFSA October 15th prior to Spring start Summer 2013 2012-2013 FAFSA April 15th prior to Summer start Please Note: To maximize aid opportunities students should file their FAFSAs as soon as possible after January 1st (every year) After you have a 2012-2013 FAFSA on file, it will take approximately 10-14 business days for us to review and respond to your request for financial aid. “End of Term Processing” can delay aid awards for students at Warning or Probation status. If your SAP status is evaluated to be in “NOT MEETS” or “SUSPEND”, you will not be eligible for financial aid unless an appeal approval is granted. The SAP Appeal Procedures and Forms can be found on the JCTC website.
If you will be attending JCTC for the Fall, 2012, Spring 2013, or Summer 2013 terms and would like to receive Financial Aid, you must do the following:
Processing Deadline Date for Financial Aid file completion prior to Payment Due Date.
Please Note: To maximize aid opportunities students should file their FAFSAs as soon as possible after January 1st (every year)
After you have a 2012-2013 FAFSA on file, it will take approximately 10-14 business days for us to review and respond to your request for financial aid. “End of Term Processing” can delay aid awards for students at Warning or Probation status.
If your SAP status is evaluated to be in “NOT MEETS” or “SUSPEND”, you will not be eligible for financial aid unless an appeal approval is granted. The SAP Appeal Procedures and Forms can be found on the JCTC website.
If you will be attending JCTC for the Fall, 2013, Spring 2014, or Summer 2014 terms and would like to receive Financial Aid, you must do the following: Complete the 2013-14 Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov. Our School Code is 006961. You should do this as early after January 1, 2013 as possible. The form cannot be submitted to the Department of Education after June 30, 2014. Have a current Application for Admission or Current Registration on file. Be making Satisfactory Academic Progress according to federal and institution guidelines. Provide the JCTC Financial Aid Office with information regarding any 3rd Party Financial Resources such as Scholarships, Employer Assistance, etc. Submit any additional documentation requested by the Financial Aid Office. Understand the chart below regarding tuition payment deadline and financial aid awards. Term Application [Please note you must also apply for Admission to JCTC]. Processing Deadline Date for Financial Aid file completion prior to Payment Due Date. Fall 2013 2013-2014 FAFSA July 1st prior to Fall start Spring 2014 2013-2014 FAFSA November 1st prior to Spring start Summer 2014 2013-2014 FAFSA April 15th prior to Summer start Please Note: To maximize aid opportunities students should file their FAFSAs as soon as possible after January 1st (every year) After you have a 2013-2014 FAFSA on file, it will take approximately 10-14 business days for us to review and respond to your request for financial aid. “End of Term Processing” can delay aid awards for students at Warning or Probation status. If your SAP status is evaluated to be in “NOT MEETS” or “SUSPEND”, you will not be eligible for financial aid unless an appeal approval is granted. The SAP Appeal Procedures and Forms can be found on the JCTC website.
If you will be attending JCTC for the Fall, 2013, Spring 2014, or Summer 2014 terms and would like to receive Financial Aid, you must do the following:
After you have a 2013-2014 FAFSA on file, it will take approximately 10-14 business days for us to review and respond to your request for financial aid. “End of Term Processing” can delay aid awards for students at Warning or Probation status.
Spring 2013 = January 4, 2013 through January 23, 2013. For students with a Warning, Probation, or Academic Plan of Action Status for Satisfactory Academic Progress (SAP) for Fall 2012, “End of Term Processing” for Fall 2012 can delay the posting of Spring 2013 financial aid awards. Your financial aid awards must be in excess of your tuition and/or fee charges to utilize the book charging process. Please be sure you have a Financial Aid Release (FAR) form on record. You can obtain the FAR form at the Financial Aid Office or from the "Forms" page on our web site. It may also be available from your Student Self-Service. It is only necessary to complete the FAR form one time; once you have this FAR form completed, it will stay on file for the remainder of your time at JCTC.
Spring 2013 = January 4, 2013 through January 23, 2013.
Term Application [Please note you must also apply for Admission to JCTC]. Processing Deadline Date for Financial Aid file completion prior to Payment Due Date. Fall 2012 2012-2013 FAFSA June 15th prior to Fall start Spring 2013 2012-2013 FAFSA October 15th prior to Spring start Summer 2013 2012-2013 FAFSA April 15th prior to Summer start Please Note: To maximize aid opportunities students should file their FAFSAs as soon as possible after January 1st (every year)
Term Application [Please note you must also apply for Admission to JCTC]. Processing Deadline Date for Financial Aid file completion prior to Payment Due Date. Fall 2013 2013-2014 FAFSA July 1st prior to Fall start Spring 2014 2013-2014 FAFSA November 1st prior to Spring start Summer 2014 2013-2014 FAFSA April 15th prior to Summer start Please Note: To maximize aid opportunities students should file their FAFSAs as soon as possible after January 1st (every year)
Fall 2013
When you are admitted, JCTC establishes a student account for you, identified by your personal ID number, often referred as your EMPL ID. Your student account records all charges (and payments) for tuition, books, and fees. After you have met all eligibility requirements, financial aid awards are credited to your JCTC student account each semester. Financial aid and scholarship disbursement dates vary each semester. Disbursements generally begin in September (for fall term), February (for spring term), and late June (for summer term). Aid disbursement will be based on the total number of credit hours you are enrolled in or have completed during the term as of the census date. The census date is generally the 7th calendar day from the start of the semester. Therefore, please be sure to register for all of your intended courses by the census date. This is how your financial aid eligibility will be determined. Before expecting a financial aid disbursement, make sure the following things are in order: You must not have any NO REFUND holds on your student account. Your Financial Aid file must be complete – no missing documents, check your school email account or Student Self-Service To Do List You must not have any NO SHOW holds on your student record. For Direct Stafford Loans, ensure you have completed Entrance Loan Counseling. For Direct Stafford Loans, ensure you have completed the Master Promissory Note. New student loan borrowers should expect a 30 day delay on their first loan disbursement. If you have a credit balance (financial aid awards and any other credits are greater than your total bill), you'll receive a refund. When the refund process begins each semester and after all fees and charges are paid, your financial aid credit is automatically refunded to you. Generally the refund process for the fall begins in early September, for the spring, it begins in early February, and for the summer, it begins in late June.
When you are admitted, JCTC establishes a student account for you, identified by your personal ID number, often referred as your EMPL ID. Your student account records all charges (and payments) for tuition, books, and fees. After you have met all eligibility requirements, financial aid awards are credited to your JCTC student account each semester. Financial aid and scholarship disbursement dates vary each semester. Disbursements generally begin in September (for fall term), February (for spring term), and late June (for summer term).
Aid disbursement will be based on the total number of credit hours you are enrolled in or have completed during the term as of the census date. The census date is generally the 7th calendar day from the start of the semester. Therefore, please be sure to register for all of your intended courses by the census date. This is how your financial aid eligibility will be determined.
Before expecting a financial aid disbursement, make sure the following things are in order:
If you have a credit balance (financial aid awards and any other credits are greater than your total bill), you'll receive a refund.
When the refund process begins each semester and after all fees and charges are paid, your financial aid credit is automatically refunded to you. Generally the refund process for the fall begins in early September, for the spring, it begins in early February, and for the summer, it begins in late June.
CONTACT INFORMATION: For assistance, please call 855-246-5282 (855-2GO-JCTC) or visit our Student Service Center online.
CONTACT INFORMATION:
www.kentuckianacollegeaccess.org Phone: 502-584-0475