Disbursement Dates

FAFSA Priority Deadlines

  • Fall Semester - May 1
  • Spring Semester - October 1
  • Summer Semester - March 1

These are priority deadlines and all applications will be processed as quickly as possible on a funds available basis. Some programs, particularly grant programs, have limited funds, so the earlier we receive your application and all supporting documents, the greater the chance for you to receive funds from these programs. FAFSA applications are still processed after the priority deadline, however, students may have to secure classes by paying tuition out-of-pocket because their FAFSA application did not meet the deadline.

Disbursement/Credit Balance Policy

North Central Texas College disburses all financial aid credit balances, including Direct Loans, to the NCTC Student ID/MasterCard (unless you designate another financial institution). Students can obtain a Student ID/MasterCard from the Business Office. The first card is free. Replacement cards cost $20. 

Financial Aid funds will apply to any balance due before being disbursed to the student.

Financial Aid Credit Balance Disclaimer

Financial aid credit balances will be issued to students who are confirmed to be eligible students and meeting the requirements of the NCTC Financial Aid Satisfactory Academic Progress Policy. Students must be enrolled in classes for the term in which funds are being disbursed and have begun attendance. Students receiving Direct Loans must be enrolled at least half time to receive funds, completed Loan Entrance Counseling and signed a Master Promissory Note.

Students who have exceeded their Lifetime Pell Eligibility, have exceeded their annual or aggregate loan limits, are in default on any student loan or owe an overpayment to the U.S. Department of Education or another institution are not eligible for financial aid.