How To Get Financial Aid
Financial Aid is available for those who qualify. It is administered by Northcoast Medical Training Academy’s Financial Aid Department.
To receive federal student aid you must meet certain requirements. You must:
- Be a U.S. citizen or eligible noncitizen
- Have a valid Social Security number (unless you are from the Republic of the Marshall Islands, the Federated States of Micronesia, or the Republic of Palau). Register with Social Service if you are between and 18-25 years of age (go to www.sss.gov for more information).
- Have a high school diploma or General Education Development (GED) Certificate of pass and exam approved by the U.S. Department of Education.
- Be enrolled or accepted for enrollment as a regular student working toward a degree or certificate in an eligible program at a school that participates in the federal student aid programs.
- Not have a drug conviction for an offense that occurred while you were receiving federal student aid (such as grants, loans, or work-study)
- You may not owe a refund on a federal grant or be in default on a federal student loan.
- You must demonstrate financial need (except for unsubsidized Stafford Loans).
Other requirements may apply.
You will need to complete that Free Application for Federal Student Aid (FAFSA). The information provided on the FAFSA will determine your eligibility for Federal Student Aid.
- You must complete the FAFSA electronically via the FAFSA on the web site at http://www.fafsa.ed.gov.
- To complete the FAFSA electronically, you must have a Federal Student Aid PIN. To apply for a PIN if you do not already have one, or for customer service regarding a previously assigned PIN, visit that Federal Aid PIN Web site at www.PIN.ed.gov.
- After the Department processes your FAFSA, you will receive a Student Aid Report (SAR). Please retain the SAR for your records and be prepared to provide it as needed.
- After completing the FAFSA you will be advised of the loan amounts for which you are eligible at your financial aid appointment.
If you are eligible for a Direct Subsidized Loan and/or a Direct Unsubsidized Loan you will be notified of the loan amounts for which you are eligible. Depending on your status your parent may be eligible for a Direct PLUS Loan award for which information would be included.
As you are deciding what loans to borrow and for how much, be sure to borrow only what you need to cover your tuition and fees. It can be very tempting to borrow more than just what you need, but remember: the decisions you make now impact your future.
If you choose to use a Direct Loan you must complete a Direct Loan Mater Promissory Note (MPN).
- The MPN is the legal document through which you promise to repay your Direct Loans and any accrued interest and fees to the Department. It also explains the terms and conditions of your loans.
- You may complete a Direct Loan MPN electronically at https://studentloans.gov.
- To complete your MPN electronically you must have your Federal Student Aid PIN (the same PIN used to complete the FAFSA)
- After you complete your MPN, you will be able to print and retain it for your records. You can complete this at home or at the school, if you do it at home we will need you to come to the financial aid office so we can print a copy for your file. We can print a copy for you also if you do not have access to a printer.
You must also complete Direct Loan Entrance Counseling before you can receive a Direct Loan.
- You may complete the Direct Loan Entrance Counseling electronically at https://studentloans.gov. To complete Direct Loan Entrance Counseling electronically you must have a Federal Aid PIN. The same PIN used to complete the FAFSA. Again, we can print this for you.
For information on the G.I. Bill visit www.gibill.va.gov.
For additional information about Direct Loans, visit http://direct.ed.gov/student.html or contact us at Northcoast Medical Training Academy.
Financial Aid Office
1832 State Route 59
Kent, OH 44240