How your Pell is initially calculated: The Pell Grant is initially based on full-time enrollment. The initial awards posted on LoLA are posted for the Pell grant amount for 12 hour enrollment. Once registration has been finalized, Pell Grants will be adjusted (re-calculated) to reflect the correct Pell grant amount based on the actual number of hours enrolled. Pell Recalculation: Pell grants will be adjusted (re-calculated) for the correct enrollment status during the “enrollment verification” period. The “enrollment verification” period typically occurs during the 1st –13th day of class. This is a period of time when NWLTC instructors report all students who are enrolled in classes but did not begin attendance (no shows). After the “enrollment verification” period (but no later than the 16th day of class), the Director of Financial Aid will “freeze” the enrolled hours. If the enrollment status has changed, for example, the student is no longer enrolled (or attending) 12 credit hours, the Pell grant will be adjusted downward. After the “freeze” process occurs, Pell grants will no longer be adjusted for students for the parts of term module, Session A (full term – 16 weeks). Pell Recalculation for Modules/Sessions: Pell grants will be re-calculated for students enrolled in modules/sessions after the first day of class for the module/session and after the “enrollment verification” (or “no show”) period for that module/session. An enrollment verification period will occur for each module. Example: If you are enrolled for six hours for full term (Session A) and later add a class that starts at a later date (Session B), your Pell will be re-calculated after the first day of class in Session B and after the “no show” period has ended” (typically prior to the 5th day of class). When Pell is re-calculated, the Pell grant will be increased if your enrollment status has increased. However, if your enrollment status has decreased (due to dropping classes previously paid for session A), your Pell grant will be decreased and you will owe money to the College. Will you owe money? Yes, you may owe money due to Pell Recalculation. Example: You enroll in nine (9) credit hours (three classes) for Session A and three (3) hours in a module/session that begins later in the semester. Once the financial aid office is notified that you have begun attendance in the three Session A classes, you will be awarded the Pell grant for nine (9) credit hours. When the module/session class begins (later in the semester) the financial aid office will recalculate your Pell grant. The instructor has verified that you began attendance in the session/module class. However, upon review, we notice that you have withdrawn from two of the Session A classes (dropped six (6) hours). When the Pell grant is recalculated, your new enrollment status is no longer nine (hours). Your enrollment status is now six (6) hours. Your Pell grant will be REDUCED to the six hour Pell amount and you will have to repay a portion of the Pell grant you received for Session A. You will owe money to the College as a result of Pell recalculation. For more information, click on Pell Grant
Responsibilities of Student:
How to Apply:
What Happens Next?:
Why Should I Consider a Job on Campus?:
For more information, click on Federal Work Study (FWS)
*Residency: Louisiana resident as of the day the FAFSA is filed and Louisiana is the student’s true and fixed domicile as reported on the FAFSA. If student’s state of residence on the FAFSA is not reported as LA, but a dependent student claims that a non-custodial parent is a Louisiana resident, or that parents are Louisiana residents living out of state, LOSFA will determine residency based on the completion, by the parents, of a residency affidavit. Renewal Requirements:
Annual Award amount: Award amounts to eligible students are based on the institution’s allocation and their packaging module and policy. Awards may vary with each academic year. Awards will not be paid for summers sessions, quarters or terms. Minimum Annual Award $ 300.00 Maximum Annual Award amount up to the maximum allowed per Go Grant regulations. Disbursement of GO Grant: Disbursement of Go Grant and TOPS funding takes place AFTER funding has been received by the state. This may take 6-8 weeks into the semester. Disbursement of funds are prorated based on credit hours. For more information, click on State Aid
Louisiana’s Taylor Opportunity Program for Students (TOPS) is a comprehensive program of state scholarships managed through Louisiana Office of Student Financial Assistance (LOSFA).To apply for TOPS, students should:
In order to maintain eligibility, TOPS award recipients must adhere to the following:
TOPS TECH STUDENTS: Students qualifying for the TOPS Tech award MUST be enrolled in a technical program or be in the pursuit of a technical program. If you are taking prerequisites for a TOPS Tech eligible major such as Sonography, Vet Tech or P Tech, you must notify the Financial Aid Office so that you are billed correctly. Certificates and Associates of Applied Science degrees are TOPS Tech eligible. For a list of TOPS Tech eligible programs, click here. **NOTE**In the event of a budget shortfall, students completing the TOPS On-line Application in lieu of the FAFSA will be the first to lose their TOPS award. To speak to a representative, call Louisiana Office of Student Financial Assistance (LOSFA) at; (800) 259-5626 Ext. 1012 or in Baton Rouge (225) 922-1012, or E-mail LOSFA at firstname.lastname@example.org, or write LOSFA at P.O. Box 91202, Baton Rouge, LA 70821-9202 Disbursement of TOPS: Disbursement of Go Grant and TOPS funding takes place AFTER funding has been received by the state. This may take 6-8 weeks into the semester. Disbursement of funds are prorated based on credit hours. For more information, click on State Aid
For a list of qualifying top demand occupations, please visit http://www.osfa.state.la.us/MainSitePDFs/Top_Demand_List.pdf
Renewal Requirements: You must:
How to Apply: You must:
After your FAFSA is processed you will receive a SAR from the federal processor. If you complete your FAFSA or Renewal FAFSA online, you will receive a SAR acknowledgment. When you apply online, provide your e-mail address and meet certain criteria, you will receive an e-mail from Central Processing Service (CPS) that provides a link to a web page where you can view and print your SAR. If your SAR is rejected or requires correction, you should read the instructions carefully and take appropriate action. If corrections are necessary, you must send the corrected SAR back to the federal processor. When sending your corrections, whether on paper or electronically, including all necessary signatures and/or your FSA ID.
Read your student email: When the Financial Aid Office receives your SAR, you will receive an email instructing you to access our student self-service web area, LOLA. The Financial Aid section of LOLA will display a menu with several options. You should select “Eligibility Requirements” to view the information our office will need to complete the financial aid process. You may be required to complete documents that are found on our website. You may be required to submit a copy of your (or your parent’s) federal IRS tax transcript, a copy of your social security card, a copy of your child’s birth certificate, etc… It is very important that you view the “unsatisfied requirements” and provide the information as quickly as possible to avoid delays in awarding your financial aid. Award Notification email: After all financial aid data has been collected and you are admitted to Northwest Louisiana Technical College, we can begin to review your application along with all submitted documentation to determine your eligibility. Once the review (or verification) process is completed and it is determined that you are eligible for financial aid, we will post your awards to your student account. We will then send an Award Notification via your NWLTC student email address. Review Awards via LOLA: You may review your awards by selecting “Financial Aid”, selecting “Award Aid for Year”, and then select “Award Overview”. Be sure to select “Accept Award” after reviewing your award.
Other changes to federal legislation have resulted in some significant changes in student aid programs for all college and university students. Many of the following changes went into effect July 1, 2012.
Extremely Important: All paperwork must be submitted TWO WEEKS before the start of classes. Any paperwork received after the start of classes will be considered late and payment of benefits may be delayed. In this case, please make necessary payment arrangements to secure your classes. Helpful Numbers 888-442-4551 – GI Bill Customer Service Line 877-823-2378 – GI Bill Enrollment Verification Line 318-861-1776 – Veteran Affair’s Shreveport’s Office
We will begin applying financial aid to student accounts after the 14th/7th class day. All admissions checklist items MUST be submitted in order for funds to be applied to your student account. Refunds for Federal Pell grant will begin 21 business days after the 14th/7th class day. Refunds for other funds such as TOPS, GO GRANT, and Veteran’s Benefits will begin once the funding has been received, if applicable. Once the funds have been applied to your student account, and it is determined that you are due a refund, NWLTC will electronically submit the refund information to BankMobile. BankMobile will disburse your refund to the student account according to the refund preference the student chose when activating the NWLTC debit card.
Northwest Louisiana Technical College has partnered with BankMobile, a division of Customers Bank, to deliver financial aid and other school refunds to NWLTC students. Students will be asked to make a refund delivery preference selection with BankMobile so that financial aid money and refunds can be delivered without delay. Students will receive a bright green envelope from BankMobile. In this envelope, you will find a personal code. You will need this code to select your refunding preference. Locate your Student ID number which is your LOLA number, usually, starts with an “L”. Log in to www.refundselection.com, click on the “Let’s Get Started” button and follow the prompts to set up your refunding preference. You may have the funds directly deposited into your personal checking or savings account. Or, you may also elect to set up an account through BankMobile and have the refunds deposited into that account that you may access via a BankMobile debit card. VibeAccount – Check Your Information In the event that you do not receive the green envelope within 14 business days after registering for your classes through regular mail or it is lost, please contact the campus’ Financial Aid Office to request assistance. CAUTION: Financial aid will only pay what is charged to a student account at the time financial aid is disbursed. If charges are incurred by the student after all financial aid has applied, the student will be responsible for the balance owed.
The following programs are NOT ELIGIBLE for federal financial aid:
Federal Work-Study (FWS) You must be enrolled in at least six (6) credit hours that apply to your degree program. Federal Grants (Pell Grant) Students eligible for grants do not have to enroll full time to receive grants. Grants are prorated based upon the Expected Family Contribution (EFC) from the FAFSA and eligible hours enrolled.