Applying for Financial Aid
One of the first concerns a student may have when considering college is how to pay for it. At Nebraska Methodist College, we are here to help you identify and understand the options available to you and to assist you throughout the process. To get started, simply follow the steps outlined below. If you have questions along the way, our financial aid staff is available to personally assist you, answer questions, or offer insight regarding the financial aid requirements.
1: Apply for Admission to Nebraska Methodist College
To receive financial aid at Nebraska Methodist College, you must be admitted as a student to an eligible certificate or degree program. For federal, state and most NMC funding, eligible programs include the Medical Assistant Certificate, all Associate, Bachelor's, Master's and Doctoral degree programs. Students enrolled in other certificate programs, while not eligible for these funding sources, do have other options available.
2: Apply for Scholarships
Once you are admitted to a program, you are eligible to apply for NMC scholarships. A scholarship application is generally included with the acceptance letter and is also available online. Scholarships are awarded on a rolling basis.
3: Apply for Financial Aid
Create Your FSA ID
The FSA ID is a username and password that replaces the Federal PIN. It serves as your electronic signature and allows you to access your federal financial aid information online. If you do not already have one, you can create your FSA ID at fafsa.gov or when logging in to one of several other federal aid websites. Click here for more information about the FSA ID.
Gather Your Information
You will need to have income records, bank statements and other information available when you complete your Free Application for Student Aid (FAFSA). The FAFSA online help page provides more information about filing the FAFSA, including a list of the documents and records you will need to refer to as you complete your application. You may also find it helpful to complete the FAFSA on the Web Worksheet before entering your information into the FAFSA application. The worksheet will help you record all of the information you will need to provide. Note: Be sure to select the correct FAFSA on the Web Worksheet based on the academic year for which you are applying. Click here for the 2016-17 Worksheet. Click here for the 2017-18 Worksheet.
Complete the Free Application for Federal Student Aid (FAFSA)
Be sure to complete your FAFSA via the official federal website at fafsa.gov. (FAFSA applications may be open for multiple academic years, so be sure to select the correct one!) Completing this form is free and if you are asked to pay a fee to submit a FAFSA, you are on the wrong site.
The federal school code for Nebraska Methodist College is 009937.
You are encouraged to utilize the IRS Data Retrieval Tool (IRS DRT) if you are eligible to do so. The IRS DRT may allow you to transfer information from your tax return directly to your FAFSA. This will ensure that the correct information gets reported on your FAFSA, and it will reduce your chances of being selected for verification. To learn more about the IRS Data Retrieval Tool click here.
The FAFSA is available starting October 1 in the year prior to the start of the academic year. For example, the FAFSA for 2017-18 (fall 2017, spring & summer 2018) is available starting October 1, 2016. For most financial aid programs, the FAFSA must be submitted each academic year.
NMC's FAFSA priority date for need-based aid is March 1 prior to the fall semester.
This 3-minute video provides additional information on how to fill out your FAFSA.
After the FAFSA
Within a few days after your FAFSA is submitted, you'll be able to view your Student Aid Report (SAR) on the fafsa.gov website. Log in to review your information and submit any necessary corrections.
NMC typically begins reviewing applications and corresponding with financial aid applicants in March for the following fall term. After that time, notifications are usually sent out within 1-2 weeks of receiving the FAFSA results. Processing for new students with spring and summer start dates will begin after those admission decisions are made.
Once NMC receives the results of your FAFSA, we may need to ask you for additional information and/or documentation. It is important to respond promptly to any request for additional information. If you do not respond, we are unable to continue processing your application.
After we receive and review your information, we will send you an Estimated Award Letter indicating the financial aid awards and amounts for which you are eligible. Read the information thoroughly and follow the instructions to complete and finalize your awards. Estimated Award Letters are typically based on full-time enrollment. Notify the Financial Aid Office as soon as possible if you plan to enroll part-time, as it could affect your award amounts.
Prior to the start of a student's first semester of enrollment, the Financial Aid Office mails correspondence to the address reported on the FAFSA or the address on file at the College. Once your classes begin, the majority of correspondence will be sent to your college email account.
4: Renewal of Aid
Federal aid is not automatically renewed so students must reapply each academic year. The FAFSA is available beginning October 1 prior to the fall semester of the new academic year. The priority date to be considered for need-based aid is March 1 prior to the fall semester.
NMC merit scholarships are automatically renewed provided the necessary criteria are met.
Academic progress is reviewed at the end of summer term in August, and notifications are sent to students who are not eligible for renewal. Click here to review NMC's Financial Aid Satisfactory Academic Progress policy.