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Financial Aid

Spring 2015 financial aid refund disbursement date

The key to financing your education is to start planning early. The more you know about how financial aid works, the better prepared you will be to pay for college. Take time to learn about your options and the multi-step application process as outlined below.

Am I eligible?

All students are encouraged to apply for aid. Students are required to meet the following:

  • Demonstrate financial need
  • Have a high school diploma or a GED certificate
  • Admitted to an eligible program of study at Durham Tech
  • Are a current US citizen or current eligible non-citizen
  • Have a valid Social Security Number
  • Registered with the Selective Service, if required
  • Maintain satisfactory academic progress at Durham Tech
  • Not currently in default on a federal student loan and/or does not owe money on a federal student grant
  • Certify that you will use federal student aid for educational purposes only

How do I apply?

Submit your FAFSA online. Ifyou are interested in applying for financial aid, complete the FAFSA (Free Application for Federal Student Aid) online at www.fafsa.ed.gov. Make sure you include Durham Tech’s school code (005448), so the college will receive your information. The application process can take more time than you expect, especially during registration periods. Start now.

Complete the admissions process.You must be fully admitted to an eligible program of study in order to be eligible to receive financial aid. Review admissions information for more details.

Complete any additional steps and submit your documentation. If you receive a notice from the federal government that you are qualified for financial aid, you still may have additional steps to complete the process to receive this money. You will receive an email and a letter from the Financial Aid office if there is additional paperwork you need to complete. Submit all documentation by the priority deadline, or you will not have the option of using your financial aid to pay for tuition and books. For more information, call 919-536-7209.

When do I apply?

Applications or renewal applications for financial aid must be submitted for each academic year. The Free Application for Federal Student Aid (FAFSA) form is available for the upcoming academic year after January 1 online at www.fafsa.ed.gov. Students are encouraged to apply as early as possible for the next academic year, preferably no later than April 15. Durham Tech's Title IV school code is 005448. The correct Title IV school code must be listed on the application for Durham Tech to be able to electronically access the application information.

Priority Deadlines

Students who submit paperwork by these deadlines and who are eligible to receive financial aid will be able to charge tuition, fees, and books to their financial aid award during registration. The college will continue to process paperwork after these deadlines; however, due to the high volume of requests, we cannot guarantee that your paperwork will be processed in time to complete everything prior to registration for classes.

Fall Semester
April 15 - Submit your Admissions Application, and FAFSA form.
June 15 - Complete all corrections to your FAFSA. Submit all remaining financial aid verification documents. Submit high school and/or college transcripts.

Spring Semester
August 15 - Submit your Admissions Application, and FAFSA form.
October 15 - Complete all corrections to your FAFSA. Submit all remaining financial aid verification documents. Submit high school and/or college transcripts.

Summer Term
February 15 - Submit your Admissions Application, and FAFSA form.
March 15 - Complete all corrections to your FAFSA. Submit all remaining financial aid verification documents. Submit high school and/or college transcripts.

Late Processing Deadlines
If you miss these deadlines, you may still complete the steps or submit paperwork. However, if you miss a priority deadline, you should be prepared to independently pay for your tuition, fees, and books by the normal payment deadlines during registration.

Net Price Calculator

It is important for you to understand the financial obligations you will incur while attending college. Use the Net Price Calculator (opens in a separate window) to get a general estimate of the full cost of attending and how much federal financial aid you might be eligible to receive at Durham Technical Community College.

Federal law now requires all colleges and universities to provide this tool so that you can use it to compare costs at a variety of colleges. By providing some of your basic financial information, the online tool can give you an estimated cost of tuition and fees, estimated book expenses, living expenses (rent, housing, food, otherwise known as “room and board” even though you will live off-campus if you attend Durham Tech), and transportation expenses.

Note that these estimates are based upon 2009 data. The Net Price Calculator does not calculate scholarships and other state-based awards. This is only an estimate. You must complete your FAFSA (Free Application for Federal Student Aid) and complete the financial aid application process at Durham Tech for the college to determine your actual eligibility for assistance.

Financial Aid Forms

As your Free Application for Federal Student Aid (FAFSA) is processed, you may be selected by the federal government to verify the accuracy of your information. Additional forms may need to be completed. Financial Aid staff will need to receive and verify this additional documentation from you before an award can be made. It is very important that you submit any required documentation as soon as possible to avoid delays in processing time. You may review the status of the submission of these forms using the "My Documents" screen in your WebAdvisor account.

Use the appropriate forms below if you have been asked by Durham Tech's Financial Aid office to submit additional documentation to apply for financial aid. The notification email will include the verification group number you are assigned. You only need to fill out the forms for that verification group.

2014 – 2015 Financial Aid Forms

Verification One

Dependent Verification
Non-Filer (if parent did not file taxes)
or
Independent Verification
Non-Filer (if student did not file taxes)

Verification Three

Independent Child Support Paid
or
Dependent Child Support Paid

Verification Four

Statement of Educational Purpose

Verification Five

Dependent Verification
Non-Filer (if parent did not file taxes)
Statement of Educational Purpose
or
Independent Verification
Non-Filer (if student did not file taxes)
Statement of Educational Purpose

Verification Six

Dependent Verification
Statement of Educational Purpose
or
Independent Verification
Statement of Educational Purpose

Other Financial Aid Forms

Financial Aid Suspension Appeal
Signature for Corrections
Unusual Enrollment History Verification
Verification of Bachelor's Degree
Independent SNAP Verification
Dependent SNAP Verification

Verification Process

If you are selected for verification, you are not alone. About 40 percent of all FAFSA filers are selected for the verification process, which requires us to collect documentation to check the accuracy of your FAFSA information. The documents that we can now accept to verify your tax information have changed based on policy changes from the US Department of Education. Please note that either a tax transcript from the IRS or an updated FAFSA using the IRS Data Retrieval Tool are the only two ways to verify tax data starting with the 2012-13 academic year. If you do not, or cannot, use the IRS Data Retrieval Tool, you will be required to obtain a tax transcript from the IRS. Using the IRS Data Retrieval Tool to populate your FAFSA tax information will make the verification process more efficient because the tax information will be verified by the IRS Data Retrieval.

ALERT: Scam artists posing as financial aid personnel call students informing them that they have received a federal grant. They ask for a credit card, bank account, or social security number. Avoid scams by not giving out any sensitive personal information over the phone. Durham Tech contacts students via their ConnectMail account unless they are returning a student's phone call. They will not ask for sensitive personal information.

Satisfactory Academic Progress

Federal regulations require students receiving Title IV financial assistance to maintain satisfactory academic progress. In general, satisfactory academic progress includes maintaining a 67 percent completion rate and a 2.0 cumulative grade point average. Failure to maintain satisfactory academic progress will result in the suspension of aid. Students must maintain satisfactory academic progress regardless of enrollment status (full-time, part-time) or admitted program.

Consult the Financial Aid Satisfactory Academic Progress document to review the methods of assessment, time limitations, various statuses, consequences, grades, program requirements, and appeals procedure for satisfactory academic progress. Students who wish to appeal suspension of financial aid due to failure to meet satisfactory academic progress must complete the Satisfactory Academic Progress Appeal and submit it to the Financial Aid office.