Financial Aid Distribution

Financial aid is distributed to eligible applicants on a first come first serve basis. Awards may include a combination of federal and state aid depending on the financial needs of the student and the availability of funds.

Award amounts must be accepted by the student by going online to the NCTC Financial Aid Portal. Financial aid grant and loan awards will be applied towards the amounts owed for tuition, fees, and books. If a balance due remains, students will be responsible for making a payment with the NCTC Business Office before classes begin.  Credit balance amounts will be disbursed to students within the first thirty (30) days of class. First-time students who are first-time loan borrowers must wait thirty (30) days for their first loan disbursement. Refunds are disbursed back to the student based on their “Student Refund Choice” made through the MyNCTC student portal.