Financial Aid Frequently Asked Questions

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Metro Technology Centers presents: Financial Aid Frequently Asked Questions

Transcript of Financial Aid Frequently Asked Questions

Metro Technology Centerspresents:

Financial Aid

Frequently Asked

Questions

LET METRO TECHDIRECTOR OF FINANCIAL AID ROSALIND MARTIN

ANSWER QUESTIONS HER OFFICE RECEIVESMOST OFTEN. SHE WILL ALSO PROVIDE YOU WITH

RESOURCES TO ADDITIONAL INFORMATION.

Q#1:WHAT IS FINANCIAL AID?

Answer:

Financial aid is money offered by thefederal government to help students payfor education expenses at eligible colleges,technical schools and career technology

schools (that's Metro Tech!)

Q#2:WHICH FINANCIAL AID PROGRAMS AREAVAILABLE TO METRO TECH STUDENTS?

Answer:

Federal Pell Grants are awarded toundergraduate students who have not yetearned a bachelor's degree. Students canreceive a Federal Pell Grant for up to 12

semesters, and this money does not have tobe paid back.

Low-interest student loans are available foreligible students to help cover the cost ofhigher education at a four-year college,

community college or career andtechnology school(that's Metro Tech!)

Q#3:WHO CAN RECEIVE FINANCIAL AID?

Answer:

Any Metro Tech student who meetseligibility requirements can receive some

type offinancial aid, regardless of age or family

income.

You must bea U.S. citizen or an eligible noncitizenhave a valid Social Security numberaccepted or enrolled as a regular studentin an eligible full-time Metro Tech careermajor

Q#4:HOW DOES A PROSPECTIVE OR

CURRENT METRO TECH STUDENT APPLYFOR FINANCIAL AID?

Answer:

The first step is for studentsto complete and submit the

(also known as FAFSA).illing out the FAFSA is easy and FREE!

Free Application for Federal Student Aid

Q#5:WHEN SHOULD THE STUDENT APPLY

FOR FINANCIAL AID?

Answer:

If you are planning to enroll at Metro Techin March 2016, you should complete the

2015-16 FAFSA as soon as possible. To applyfor financial aid for the 2016-17 school year,

the deadline is June 30, 2017.

Q#6:HOW MUCH FINANCIAL AIDWILL A STUDENT RECEIVE?

Answer:

The Metro Tech Financial Aid Officewill determine how much financial aid youare eligible for once the student submits

a completed FAFSA application.

Q#7:HOW MUCH FINANCIAL AIDWILL A STUDENT RECEIVE?

Answer:

Yes, there are. Students enrolled in full-timeprograms that are less than 600 clock

hours in length are not eligible to receivefinancial aid.

Additionally, Metro Tech's Adult& Career Development programs offeredat our Economic Development Center are

not eligible for financial assistance.