Transcript Kentucky Board of Emergency Medical Services

DOLLARS & $ENSE
Financial Aid
FORMS TO COMPLETE
Free Application for Federal
Student Aid (FAFSA)
Completed online at
www.fafsa.ed.gov
Based upon 2012 income.
Must reapply each year.
After you submit your
FAFSA you should receive
Student Aid Report (SAR).
You should review your
SAR for accuracy
VERIFICATION
Each file selected is reviewed individually and can increase processing time.
Required documents may include:

BCTC Verification Worksheet

2012 Tax Return Transcript from IRS

2012 W-2 Forms

Proof of SNAP Benefits

Official High School Transcript / GED Scores

Notarized Educational Purpose Statement

Other documentation may be required
Federal and/or State Tax Returns are not acceptable
RECALCULATION
If there has been a significant change in student, spouse, or
parent 2013 income, you may be eligible for a recalculation.
Forms will be available after September 15.
Must come to the Financial Aid Office to receive the form.
COST OF ATTENDANCE
Tuition
Room and Board
Costs are estimated
BCTC 2012-13 COA
$14,077
On/Off Campus
With Parents
Used to determine
financial need
Cannot be awarded more
than COA
.
Books and Supplies
Personal
Transportation
PROGRAMS
Federal Programs
• Federal Pell Grant up to $5,550
• Federal SEOG up to $1,600
• Federal Work Study varies
• Federal Direct Student Loan
Up to $3,500 Freshman
Up to $4,500 Sophomore
Dependent students may
borrow an additional $2,000 in
an unsubsidized loan.
Independent students may
borrow an additional $6,000 in
an unsubsidized loan
•Federal Direct PLUS Loan up to
BCTC Cost of Attendance
State Programs
•CAP Grant up to $1,900
•KEES Scholarship varies
•Other scholarships and waivers
•www.kheaa.com
BCTC Programs
Offers a variety of academic and
interest scholarships. For more
information on BCTC Scholarship go
to http://www.bluegrass.kctcs.edu
and click on COST and FINANCIAL
AID
Awarded annually to KY High School
students with a GPA of 2.50 or
higher.
Award amounts range from
$150.00 - $500.00.
Bonus Award for ACT scores 15 or
higher. (Highest score prior to graduation.)
Award amounts range from
$36.00 - $500.00
5 years from high school graduation
to use the scholarship.
Student must be on track to
graduate.
College GPA requirement
2.5 first year
3.0 second year
2.5 – 2.9 award cut in half
.
KEES SCHOLARSHIP
BCTC will notify KHEAA after the
last day to register.
KHEAA will send funds
electronically to BCTC.
Money will be credited to your
account in Student Billing.
Review KEES Letter
Date of birth
Social Security Number
For questions contact
High School Counselor
KHEAA at
1.800.928.8926 or
www.kheaa.com
You will receive in your KCTCS
email a
Financial Aid Award
Acknowledgement Letter
Accept or Reject aid that has been
offered.
Complete online using your
PeopleSoft ID and password
https://students.kctcs.edu/
Complete the Financial Aid
Release Form.
Bookstore Release
Title IV Release
Family Education Right to
Privacy Act Release
Must return your Financial Aid
Release Form to the Financial Aid
Office.
AWARD NOTICE
RECEIVING LOAN FUNDS
Entrance Counseling and signing a Master
Promissory Note (MPN).
Both of these are completed online at
https://studentloans.gov/myDirectLoan/
You will need a D.O.E. PIN. To request a PIN
visit : http://pin.ed.gov/
You will need two (2) references of different
address.
The process will take 30 – 45 minutes to
complete.
Loans come in two disbursements.
Half in the Fall semester
Half in the Spring semester
Freshmen, who are first time borrowers,
will have a one time 30 day delay on their
first disbursement.
.
RECEIVING LOAN FUNDS
• Can borrow less than award
amount.
Always
Borrow
Conservatively
• Borrow based on what you
really NEED…not WANT!
• Have 14 days to cancel loan
after it has been disbursed.
• MUST BE REPAID!!!
.
RECEIVING LOAN FUNDS
•Need vs. Want
•Need to pay tuition
•Want an iPad
•WORK is not a bad 4 letter word. You can work and go to
college.
Work: earn $14,400 over 3 years
Loan: borrow $14,400 over 3 years
repay $25,212.14 monthly payment of up to $230 for 15 years.
•If you are currently meeting your financial obligations, don’t
borrow money.
(working
20 hours/week, pay rate of $8.00/hour 30 weeks per academic year.)
REPAYING LOAN FUNDS
10-Year Standard Repayment Plan
Loan
Payment Payment
Balance
3.40%
6.80% .
$5,500.00
$54.13
$63.29
$15,500.00
$152.55 $178.37
$31,500.00
$310.02 $362.50
$57,500.00
$565.90 $661.71
INTEREST ON LOAN FUNDS
You paid WHAT for that iPad?
.
$1023.05
$740.94
$1,739.24
AID DISBURSEMENT
•Funds are not disbursed to your account in Student
Billing until approximately 3-4 weeks after the
semesters starts.
•The Disbursement Date represent the earliest date
funds can be applied to your account in Student Billing.
BOOKSTORE CHARGES
Students are able to charge their
books at the Cooper and Leestown
Bookstores. Or online at
http://yourschoolyourbookstore.com.
Awarded enough Financial Aid to cover
the bill plus the cost of the books.
Financial Aid Office must have a
Financial Aid Release (FAR) form on file
for you.
Email sent to your KCTCS email
address.
.
PAYMENT EXTENSIONS AND REFUNDS
Refunds
Amount remaining after your
bill has been paid.
Used to cover living expenses.
Refunds are disbursed to your
Higher One card through
Student Billing.
Funds are generally refunded
once a week.
Payment Extensions
Will extend your tuition
payment beyond the tuition
due date.
Automatically given if you
have accepted your award
package.
And you have enough aid to
cover your semester costs.
.
2013-2014 PRIORITY DATES
Fall 2013 July 15, 2013
Spring 2014 November 15, 2013
All documents must be received by the BCTC Financial Aid Office before the
above dates in order to charge books, and/or extend payment deadline.
*All dates subject to change.
.
UNDECIDED AND PENDING STUDENTS
Notice to students who enroll with a program
plan of UNDECIDED or PENDING:
If you have not declared a Financial Aid approved major or
program plan, AND you have attempted 30 or more credit hours,
you cannot receive Federal Financial Aid.
Remember to choose your major or program plan before you
attempt 30 credit hours!
.
SATISFACTORY ACADEMIC PROGRESS
•Students who are found to not be
meeting SAP will be unable to receive
Financial Aid.
•Students with extenuating
circumstances can appeal.
Appeals Process
•Must be in writing
•Must show how the situation has
changed
•Must provide documentation
•Submit to the Financial Aid Office.
In order to continue receiving
financial aid students must meet
the following requirements:
1. Maintain a 2.0 GPA
2. Complete 67% of the classes
attempted
3. Complete their degree program
within a specified timeframe
90 credit hours Associates
72 credit hours Diploma
45 credit hour Certificate
.
RETURN TO TITLE IV
 Students
receiving Federal Financial Aid Funds are
expected to successfully complete their classes.
Student who completely withdraw from a semester or
are unsuccessful in all of their classes, could be
required to repay a portion of the aid they received.
No appeal option.
GO GREEN
Financial Aid information will be sent to your
KCTCS email and PeopleSoft account
You must . . .
•Activate your KCTCS email account.
•Keep your email account clean. If your account is full no new financial
aid information will be received.
•Activate your PeopleSoft account.
•Check your “TO DO LIST”. This shows any missing Financial Aid
documents.
CONTACT INFORMATION
 Visit our website:
http://www.bluegrass.kctcs.edu/sa/financialaid/
Contact us by phone: 855-246-2477
In Person: 121 Oswald Bldg – Cooper Campus or
One Stop Bldg C – Leestown Campus
Email: [email protected]
Check the status and/or accept of your aid online
using your PeopleSoft ID: https://students.kctcs.edu/
.