ACTC Financial Aid Process

Hey everyone! I'm planning to attend ACTC (Ashland Community and Technical College) in the fall, but I'm not familiar with their financial aid process. Can anyone give me some insights on what to expect and what documents I should gather? Feeling a bit stressed, so any advice will be helpful. Thanks!

Hey there! Don't worry - applying for financial aid can seem daunting, but I'll help guide you through the process. At ACTC, the financial aid process is pretty similar to most other colleges. Here's an overview of the steps you'll need to take:

1. Complete the FAFSA: The Free Application for Federal Student Aid (FAFSA) is the primary form you'll need to complete to receive federal and state financial aid. To complete the FAFSA, make sure you have the following documents on hand:

- Social Security Number (if applicable)

- Parent(s)' Social Security Numbers (if you're considered a dependent student)

- Your family's most recent federal income tax returns and W-2s (for the previous year)

- Bank statements and records of investments (if applicable)

The FAFSA opens on October 1st and should be submitted as soon as possible for priority consideration. The ACTC school code is 001990.

2. Check your financial aid status: After submitting the FAFSA, you'll receive a Student Aid Report (SAR) in your email, which summarizes your FAFSA information. Review this report carefully and make sure everything is accurate. You can also check your financial aid status through the ACTC's PeopleSoft online system.

3. Submit any additional documents: ACTC may request additional documents, such as tax transcripts or documents verifying non-filer status. Be sure to monitor your email and PeopleSoft account for any notifications requesting additional information.

4. Review your financial aid award: Once ACTC processes your financial aid application, you'll receive an award letter detailing the types and amounts of aid offered, including federal grants, loans, and work-study opportunities. Review this letter carefully.

5. Accept or decline financial aid: You'll need to log into your PeopleSoft account to accept or decline any federal loans or work-study offered in your award letter. Make sure to complete this step by any established deadlines to secure your financial aid.

As a general tip, staying organized and keeping track of all the necessary documents will help alleviate stress during the application process. Additionally, don't hesitate to reach out to the ACTC Financial Aid Office if you have any questions or concerns. They're there to help you. Best of luck!