Applying for Financial Aid & Requirements


2017-2018 FAFSA Changes

Beginning with the 2017-2018 FAFSA, the application will be available three months earlier on October 1, 2016 instead of January 1, 2017.  Students and families will provide income information from the 2015 income tax year and not from the 2016. The change will allow almost all tax return fliers to electronically transfer their tax return information directly into their FAFSA using the IRS Data retrieval Tool (DRT).

Students and their families can submit the application early, but may not receive confirmation of eligibility from the financial aid office until a later date. Please contact the financial aid office for additional information.


Eligibility Requirements

To receive aid from any of the federal and state student aid programs, students must meet ALL of the following criteria:


Filing your Free Application for Federal Student Aid (FAFSA)

TCCC students are to contact our Financial Aid Office by calling 828-837-6810 if you need assistance filing your FAFSA online.


How to Help Pay for College

Guide to a Debt Free College Degree- http://www.affordablecollegesonline.org/graduating-debt-free/
Financial Aid for Online Colleges- http://www.affordablecollegesonline.org/financial-aid/financial-aid-for-online-colleges/


Need Analysis for Financial Aid

When applying for federal student aid, the information reported on the FAFSA is used to calculate each student’s Expected Family Contribution (EFC). The formula used to calculate the EFC is established by law to measure the financial strength of a student’s family on the basis of the family’s income and assets. The EFC is used to determine a student’s eligibility for student aid. Below is the need analysis equation.

Cost of Attendance
- Expected Family Contribution
_______________________
= Financial Need

TCCC’s Financial Aid Office will calculate cost of attendance and subtract the reported EFC. If any amount remains, then a student has “financial need.” The Financial Aid Office will work with students toward meeting the need, however because funds are limited, the amount awarded to an individual student may not meet the total need.


Special Circumstances

Students should contact the Financial Aid Office if they feel they have special circumstances that might affect their dependency status or the amount they and their family are expected to contribute toward their education. These circumstances could include a family’s unusual medical expenses, or recent unemployment due to an involuntary layoff, plant closure, etc.
There must be very good reasons to make any adjustments and students will be required to provide documentation to adequately prove their request. The Financial Aid staff’s decision is final, and it cannot be appealed to the US Department of Education.


Enrollment Status for Financial Aid

Students only receive financial aid for those courses that are listed in the TCCC catalog as required for their program of study. Financial aid may be paid for developmental courses, if required, based on the student’s placement test scores. The amount of financial aid a student receives will depend upon on his/her enrollment hours and program of study. For programs based on semester credit hours, enrollment is defined for fall, spring, and summer semesters below:

Full-Time……………………………………………..12 or more credit hours
Three-quarter Time………………………………..9-11 credit hours
Half Time……………………………………………..6-8 credit hours
Less than Half Time……………………………….1-5 credit hours

Please Note: In accord with Federal guidelines, some TCCC Programs of Study are calculated as “Clock Hour” programs for aid disbursement purposes. Students who are enrolled in a diploma, certificate, or clock hour program that require a conversion of enrollment hours will receive financial aid based on the number of enrollment hours after the calculated conversion.


Financial Aid Recipient Facts


Recipient Responsibilities and Conditions of Award

All students receiving Federal and State educational assistance must adhere to the guidelines and requirements stated in the policy when receiving any type of financial aid. To review policy, click here.