APPLY FOR AID & TYPES OF AID
To complete the FAFSA you will need:
- A federal FSA ID from the Department of Education. Parents of dependent students will also need a federal FSA ID if they wish to sign electronically. Create an FSA ID
- All income records, including but not limited to, your federal tax return, W-2s, SSI, VA Benefits, etc) for the previous calendar year to the school year you are applying for aid.
- Dependent students will need to provide parents’ income records, SSN and DOB.
- If you (and your parents) filed a tax return, use the IRS Data Retrieval Tool (DRT) to transfer your federal income tax information from the IRS to your FAFSA. Watch this video about using the DRT on your FAFSA.
- HTC's school code is 010491, this code will allow the FAFSA information to be sent to HTC. We have one code for our Brooklyn Park and Eden Prairie locations.
- A FAFSA on the Web worksheet is available to help you gather your information before starting the FAFSA.
We're here to help you fill out the FAFSA, just attend one of our FAFSA Complete Sessions. We offer these session Wednesday mornings and Thursday afternoons at both campuses. Registrations for a session is required and you must arrive during the first hour of the session to allow enough time to complete your FAFSA.
If you're not able to attend a session, check out the FAFSA FAQs.
After completeing the FAFSA, you will receive a Student Aid Report (SAR) from the Department of Education. The SAR is a summary of the answers you provided on the FAFSA. If you need to make a correction log on to your FASFA or contact our office.
The school recieves the FAFSA results 3-5 business days after you submit it. When we recieve it we'll send an email to you letting you know to log on to eServices to view the status of your financial aid. To utlitize eServices you'll need a StarID. If you don't have one, apply for admission to HTC (it's free) and then activate your StarID.
Once all the necessary information is submitted to the Financial Aid Office, an email notification will be sent to you to let you know you can view your award information online through eServices.
Types of Aid
When you fill out the FAFSA you are applying for more than one type of aid. Listed below are the types of aid you are applying for when you complete the FAFSA:
A loan is a type of aid that requires repayment. All applicants for loans, except parents applying for PLUS loans, are required to file a Free Application for Federal Student Aid (FAFSA). Loan eligibility cannot be determined until the information from the FAFSA is returned to our office by the federal processor, and has been reviewed. A minimum of six credits each semester is required for the federal and state loan programs.
The chart below shows the maximum award amounts based on credits earned for Dependent and Independent Students. Courses for which a grade of W or a grade of F were received are not included in credits earned. The award for one term is the maximum yearly amount divided by two.
|Dependent Students Who Have Earned:||Maximum Yearly Stafford Loan Amount: (Subsidized and/or Unsubsidized)|
|Up to 30 Credits (Grade Level 1)||$5,500|
|31 or more Credits (Grade Level 2)||$6,500|
|Independent Students Who Have Earned:||Maximum Yearly Stafford Loan Amount: (Subsidized and/or Unsubsidized)|
|Up to 30 Credits (Grade Level 1)||$9,500|
|31 or more Credits (Grade Level 2)||$10,500|
A scholarship is a type of aid that does not need to be repaid. Students may apply for scholarships to help with their cost of education. These scholarships are provided by the college or outside contributors to students based on criteria determined by the donor.
For more detailed information please refer to:
Last updated by bscheffler : 2015-07-01 10:35:22