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FINANCIAL AID FAQ

I am a Veteran. How do I receive my entitlement for my education?
You must complete the necessary forms in the Financial Aid Office. Once enrolled in an approved program by the State Approving Agency then the VA Certifying Official will certify your enrollment after your first day of class and it will take a minimum of four to eight weeks to activate your benefits.

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What financial assistance do you offer?
Federal Pell Grant, State Bright Future scholarships and Student Financial Assistant Fund (SFAF), school and community scholarships and Installment Plans.

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When should I apply for Financial Aid?
It is recommended that your financial aid file be completed a minimum of two weeks prior to the anticipated enrollment date.

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How do I apply for Financial Aid?
You will need to complete the Free Application Federal Student Aid (FAFSA) form using your 2006 tax return and W2's and/or untaxed income (disability benefits, child support, etc.). Complete the FAFSA form online at www.fafsa.ed.gov or visit the Financial Aid Office at one of the Tech Centers to pick up a paper application. A signature is required for processing.

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Can I use my own income?
Yes, if you have children for whom you provide 50% or more support, are married, are a ward of the court or have been in the military then you can use your own income and your spouse's income if married.

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I live on my own.  Do I need my parent's information?
Whether or not you live with your parents, if you are under 24 years old, your parents must complete the parent's income information on the FAFSA form with their 2006 tax return and W2's and/or untaxed income (disability benefits, child support, etc.). You and your parent's signatures are required for processing.

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What are the tech center school codes for the FAFSA form?
Mid Florida Tech (016875)
Orlando Tech (014719)
Westside Tech (015036)
Winter Park Tech (016837)

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How long does the FAFSA form process take?
Normally about four to six weeks by mail and about two to three weeks by Internet (online).

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My Student Aid Report (SAR) says I was selected for a process called "verification". What does this mean?
You must submit your 2006 income tax return and W-2's and/or untaxed income (disability benefits, child support, etc.), parents and/or spouse if applicable and complete a verification worksheet provided in the Financial Aid Office (appropriate signatures are required).  Other documentation may be required to complete your financial aid file.

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What if my Student Aid Report (SAR) is incorrect?
You can go online to correct your errors or bring your SAR into the Financial Aid Office at the Tech Center for review and we will make the corrections for you.  Appropriate documentation and signatures are required.

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What does the Federal Pell Grant cover?
Tuition and lab fees ONLY. If you need assistance with books, supplies and uniforms you may seek help through One Stop or Vocational Rehabilitation if you qualify.  Please ask the Financial Aid staff at the Tech Center for more information.

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Do I qualify for the Federal Pell Grant if I owe Federal funds or are in default of a student loan?
No!  You must resolve your debt before receiving additional Pell funds.

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How can I get information about my financial aid award?
Due to the FERPA Privacy Act, only general information can be given over the phone.  However, you may come to the Financial Aid Office at the Tech Center to get information about your financial aid award.

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What do I need to do to maintain my financial aid award?
Specific satisfactory academic and attendance progress requirements have been established in accordance with federal and state guidelines. Students must maintain satisfactory academic and attendance progress requirements to retain financial aid eligibility.

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Are there any consequences to my financial aid if I withdraw from classes?
Yes! See the Financial Aid Office immediately before withdrawing from class to see if you are in any jeopardy of having outstanding fees. Outstanding fees are your responsibility since a Return of Title IV Funds must be calculated.

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How will my tuition and lab fees be paid and what happens to the money that exceeds my tuition and lab fees?
Tech Center tuition is calculated based on individual program clock hours.  After you start the program your financial aid award will be applied to your tuition and lab fees based on your attendance. (Keep in mind if your financial aid award does not cover all your tuition and lab fees then the remaining balance will be your responsibility).  Any remaining money after tuition and lab fees are paid will be available in the form of a check to the student to be picked up in the Business Office.

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Do I have to apply for financial aid every year?
Yes! You must reapply for financial aid each award year (July 1 – June 30).

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What if the FAFSA does not truly reflect my present situation and I do not qualify for federal aid?
You may request a Professional Judgment (provided your earnings are less from the previous year or you have "unusual" monetary expenses) from the Financial Aid Office.  The Financial Aid Administrator will review this request.

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What other financial aid is available to a student who does not qualify for federal aid?
If you do not qualify for the Federal Pell Grant, you may qualify for SFAF using the current household income.

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What is considered household income?
Household income is the current income for the student by using three current pay stubs. If the student does not have income and lives with one or both parents, the parental current income is used.

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What if I do not qualify for any financial aid assistance?
You may apply for the Installment Plan (two or three installments based on the policy of the Tech Center). Must demonstrate need (complete a FAFSA form).

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What is SFAF?
Student Financial Assistance Fund are funds that assist students with tuition and approved lab fees. These funds are limited and are on a first come first serve basis. Must demonstrate need (complete a FAFSA form).

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Do the Tech Centers accept scholarships?
If you have been awarded a scholarship from a business or community agency, you will need to bring the scholarship letter to the Financial Aid Office for submission to the Business Office.

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What is an Emergency Fund?
Assists a student in immediate need. An emergency is a sudden, urgent, unusual unexpected occurrence, requiring immediate action of relief. These funds are donated from individuals or fundraisers and are generally very limited in nature.

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