Financial Aid Resource Center

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Fnancial aid can consist of grants, loans and/or student employment, and is available to students active in an eligible associate degree or technical diploma program. The actual amount awarded will depend on individual eligibility. Please be aware that funding is calculated based on program-required classes/credits only.

Federal Student Aid is an office of the U.S. Department of Education that provides access to college funding assistance. FAFSA stands for Free Application for Federal Student Aid; it's an online application for grants, loans and work-study employment to help you pay for college. Many students who could receive financial assistance to attend college miss out because they don't complete the FAFSA.

Early FAFSA

Please complete the 2020-21 FAFSA if you would like to apply for aid in the Fall 2020, Spring 2021, and Summer 2021 terms. When filling out the 20-21 FAFSA, you will need to use your 2018 tax information. Be sure to use the IRS DATA RETRIEVAL TOOL to help load your tax info.

Starting Oct 1, 2020, you will be able to fill out the 2021-22 FAFSA. This application is for aid starting in the Fall 2021 term. When filling out the 21-22 FAFSA, you will need to use your 2019 tax information. Please apply early to ensure you maximize your eligibility, AND be sure to use the IRS DATA RETRIEVAL TOOL to help load your tax info.

Please Note: Awards for the 2021-22 school year will begin to be available in May 2021.

APPLY FOR FINANCIAL AID
After You Apply
Receiving Your Award
Accessing the Money

Start with your FSA ID
An FSA (Federal Student Aid) ID and password is required to complete the FAFSA. For dependent students, a parent will also need an FSA ID.

Get your FSA ID

Complete the FAFSA
The FAFSA determines if you are eligible to receive state and/or federal funding. There are a number of helpful resources available from the U.S. Department of Education, including some good videos and worksheets to guide you through the process. 

You'll need this: 
FVTC's Title IV School Code is 009744

Apply for Financial Aid

Online FAFSA Tutuorial 

Complete the FAFSA via the Mobile App

More FAFSA Resources 

Once your application has been processed, you'll receive a Student Aid Report. This is just a record of your application, not your actual award. In some cases, the Student Aid Report will indicate that your FAFSA has been selected for Verification to ensure accuracy and completeness. If this occurs, we will request the appropriate documentation.

Financial aid will not be processed until you are admitted into an eligible associate degree or technical diploma program. Simply enrolling in courses does not qualify you for financial aid; you must apply and be admitted into a program.

When all FAFSA application requirements have been met, you can expect to receive your award letter within 7-10 business days. Communication about your FAFSA application will be sent to you in the mail and will also be posted in the Financial Aid section of your MyFVTC Account, where you can check the status of your application at any time.

When all of your financial aid requirements have been met, you will receive an Award Offer Letter in the mail and also in the Financial Aid section of your MyFVTC Account. The award offer letter will identify the types of financial aid and amounts based on full-time status, and will also include any scholarships, Veterans benefits and agency funding awards. You should accept or decline your financial aid offers in your MyFVTC Account. You can also monitor and manage your funds in your MyFVTC Account. 

MyFVTC Account

If you are a first-time Federal Direct Stafford Loan borrower, you must complete a Master Promissory Note and complete Loan Entrance Counseling before you can receive your funds.

First Time Borrower

For ALL federal student loan borrowers:

Complete an Annual Student Loan Acknowledgment each year you accept a new federal student loan.

Be sure to complete all of your loan application and eligibility requirements in a timely manner so there won't be a delay in receiving your financial aid award. Your financial aid will be disbursed directly into your MyFVTC Account and can be used to pay your tuition, fees and FVTC Bookstore charges. Assuming your requirements have all been met, any federal or state grants and loans will be applied to your MyFVTC Account about two weeks after the start of the term (on the Census Date). If you have unpaid charges for tuition, fees or books, your funds will be applied to that amount due.

MyFVTC Account

After your tuition, fees and textbook charges have been paid, any excess funds will be deposited directly into your checking or savings account if you've set up those instructions in eFAS. If direct deposit is not set up, a refund check will be mailed to you.

Set Up Direct Deposit

Types of Financial Aid

Grants

Free money that (most often) does not need to be repaid.

Loans

Money you must pay back with interest. Know your responsibilities.

Work-Study

Part-time employment while you're a student, usually on campus.

More Options

You may also want to explore scholarships, private loans or agency funding options.


Financial Aid FAQ

  • 2021-2022

Open registration for Summer & Fall 2021 semesters begins on May 3, 2021


JUNE
 

June 7, 2021

Start of Summer Semester

June 23, 2021

Remaining Financial Aid Funds Sent to Students


JULY 
 

July 4-10, 2021

College Closed for Summer Break 

July 19, 2021

Textbooks Available for Purchase (Online) / Credit or Debit - Fall Semester


AUGUST 
 

Aug. 7, 2021

End of Summer Semester

Aug. 11, 2021

Text Book Rentals Due (Online)

Aug. 12, 2021

Textbooks Available for Purchase (Online) / Charge to Financial Aid - Fall Semester

Aug. 13, 2021

Final Fee Payment Due for Aug. 23 Start Classes - Fall Semester

Aug. 23, 2021 

Start of Fall Semester and Short Term 1


SEPTEMBER 
 

Sept. 6, 2021

College Closed for Labor Day

Sept. 9, 2021

Remaining Financial Aid Funds Sent to Students


OCTOBER 
 

Oct. 1, 2021

Registration Dates/Times Available to View on MyFVTC Account - Winterim & Spring Semester

Oct. 4-15, 2021

Continuing Program Student Advising - Spring

Oct. 12, 2021

Faculty Day-No Classes

Oct. 18-22, 2021

Registration Begins for Continuing Program Students - Winterim & Spring Semester

Oct. 19, 2021

End of Short Term 1

Oct. 20, 2021

Start of Short Term 2

Oct. 25, 2021

Registration Begins for New Program Students - Winterim & Spring Semester


NOVEMBER 
 

Nov. 10, 2021

Faculty Day - No Classes

Nov. 15, 2021

Open Registration Begins for Winterim & Spring Semester

Nov. 25-26, 2021

College Closed for Thanksgiving Break


DECEMBER 
 

Dec. 6, 2021

Textbooks Available for Purchase (Online) - Winterim

Dec. 10, 2021

Winter Commencement Ceremony

Dec. 13-22, 2021

Textbook Buyback (Online)

Dec. 17, 2021

Final Fee Payment Due for Jan. 3 Start Classes - Winterim

Dec. 18, 2021

End of Fall Semester and Short Term 2

Dec. 21, 2021

Textbook Rentals Due (Online)

Dec. 23, 2021-Jan. 1, 2022

College Closed for Winter Break


JANUARY 
 

Jan. 3-29, 2022

Winterim 

Jan. 5, 2022

Textbooks Available for Purchase (Online)/Charge to Financial Aid - Spring Semester

Jan. 7, 2022

Final Fee Payment Due for Jan. 18 Start Classes - Spring Semester

Jan. 18, 2022

Start of Spring Semester and Short Term 3


FEBRUARY 
 

Feb. 3, 2022

Remaining Financial Aid Funds Sent to Students

Feb. 8, 2022

Faculty Day-No Classes


MARCH 
 

Mar. 13-19, 2022

Spring Break for Students

Mar. 22, 2022

End of Short Term 3

Mar. 24, 2022

Start of Short Term 4

Mar. 25, 2022

Registration Dates/Times Available to View on MyFVTC Account - Summer & Fall Semesters

Mar. 28-Apr. 8, 2022

Continuing Program Student Advising - Summer & Fall Semesters

Mar. 30, 2022

Faculty Day-No Classes


APRIL 
 

Apr. 11-15, 2022

Registration Begins for Continuing Program Students - Summer & Fall Semesters

Apr. 15, 2022

College Closed for Spring Holiday

Apr. 18, 2022

Registration Begins for New Program Students - Summer & Fall Semesters

Apr. 28, 2022

Faculty Day-No Classes


MAY 
 

May 2, 2022

Open Registration for Summer & Fall Semesters

May 15, 2022

Spring Commencement Ceremony

May 16-24, 2022

Textbook Buyback (Online)

May 21, 2022

End of Spring Semester and Short Term 4 

May 24, 2022

Textbook Rentals Due (Online)

May 26, 2022

Textbooks Available for Purchase (Online)/Charge to Financial Aid-Summer Semester

May 27, 2022

Final Fee Payment Due for June 6 Start Classes-Summer Semester

May 30, 2022

College Closed for Memorial Day


JUNE 
 

June 6, 2022

Start of Summer Semester

 

Download 2021-2022 Academic Calendar (PDF)

Final Fee Payment Due for Jan. 3 Start Classes - Winterim Term

Final Fee Payment Due for Jan. 3 Start Classes - Winterim Term

The Details

Verification

The verification process ensures accuracy and completeness of the Free Application for Federal Student Aid. If your financial aid application is selected for verification, you will be notified of next steps by mail and in the To Do List of your MyFVTC Account. Be sure to respond in a timely manner to prevent delays in processing your aid, which could limit the type and amount of aid you are awarded.

Once all the required items have been received, it can take up to four weeks for review of your documentation. Please allow extra time from May through September. 

Get Verification Forms  |  Get Tax Info

Budget

Use this budget to estimate the cost to attend college based on your living situation and the number of credits you take each semester.

View Budget (PDF)

Census Date

Your actual financial aid award is based on the number of financial aid eligible credits you are enrolled in each term. That calculation occurs on the 10th business day of each term, called the census date. Changes made after this date may impact your financial aid award and a repayment to the college may be required for all or a portion of the funds you received. Because of this, you should try to add and/or drop all classes prior to the census date.

Credit Status

Your financial aid award is based on full-time enrollment prior to the census date. After the census date, your award will be based on the term's fundable credits (courses beginning in 10, 31, 32, 77 & 78). You must be enrolled at least 1/2-time by the census date to receive all types of financial aid funds. If you are enrolled less than half-time, your Pell Grant eligibility may be affected.

Enrollment Level
Full-time: 12 or more credits
¾ Time: 9-11 credits
½ Time: 6-8 credits
Less than ½ Time: 1-5 credits

If you are also enrolled at another college, you should submit a Consortium Agreement (PDF) to financial aid so that your financial aid disburses accurately. Shared program students do not need a consortium agreement.

If you are enrolled in an accelerated program, you should register for all of the term's courses by the census date. 

If you are taking Program Prep classes, you are strongly encouraged to take at least one program-related credit in addition to the Program Prep class(es). A maximum of 30 remedial credits are allowed by financial aid.

Audit credits and advanced standing are ineligible and will not be included in your credit status.

Satisfactory Academic Progress

You must maintain satisfactory academic progress to receive federal student aid. The Financial Aid - Satisfactory Academic Progress policy outlines the specifics. The policy also covers the 150% Credit Rule, which explains that financial aid cannot exceed 150% of the credits required for a degree program.

Read the Policy

Refunds

Refunds are processed according to the Wisconsin Technical College System Refund Policy, and are applicable only from the date you officially drop the class through your MyFVTC Account or Enrollment Services. Your instructor cannot drop a class for you. You are financially responsible for the cost of the course unless you drop it prior to the deadline.

Student Finance - Fees/Payments/Refunds

Want your refund faster? To receive your refund electronically, sign up through eFAS.

eFAS

Important Dates

There are a number of important dates to be aware of if you have applied for financial aid. 

View Important Dates (PDF)

Extenuating Circumstances

Sometimes there are special circumstances that are not reflected in your FAFSA application - situations that may affect your family's ability to pay for college. Special circumstances might include things like a job loss or reduction in income, or unusually high out-of-pocket medical expenses. If this is your situation, you can submit a request to have your situation reviewed by our college's director of financial aid, who has the authority to use professional judgment to amend your financial aid application. There is a formal process that begins with the Extenuating Circumstance Request form and will require additional documentation.

Extenuating Circumstance Request

Summer Term Awards

Summer term funding will be awarded automatically in mid-April if you've met the eligibility criteria:

  • Accepted in a financial aid eligible program
  • Have a completed FAFSA with financial aid eligibility for the summer term
  • Enrolled in at least one credit for PELL Grant eligibility and at least six credits for loan eligibility

 If you are eligible for summer term funding, you will be notified by mail and via the Financial Aid section of your MyFVTC Account. You should accept or decline your loan award in your MyFVTC Account. 
 

MyFVTC Account

Common FAFSA Mistakes

Don't make these common mistakes when completing your Free Application for Federal Student Aid.

Common Mistakes

IMPORTANT REMINDER: DROPPING A CLASS

If you drop a class, you must officially do so in your MyFVTC Account or contact Enrollment Services for assistance.
Your instructor cannot drop a class for you. You will be financially responsible for the cost of the class unless you drop it prior to the deadline.
For more information:

Student Finance - Fees/Payments/Refunds