The Financial Aid Office provides information and assists students seeking financial aid. Although the major responsibility for financing a college education resides with the student, Nicolet College is able to assist students in meeting their educational expenses. Assistance may be in the form of grants, scholarships, loans, employment, or a combination of these. Many of the financial aid programs are based upon financial need and student enrollment, determined at Date of Record (DOR), which is 14 calendar days after the beginning of the term. No changes to awards will be made for additional credits added after the DOR. However, for “Nicolet My Way” programs (which are Credit-Based Competency-Based Educational offerings), an additional DOR will occur half way through the term to reevaluate the competencies the student is enrolled in.
Financial need is the difference between: the student's established educational cost of attendance (includes tuition and fees, books and supplies, room and board, transportation and personal expenses), and resources the student and/or family should have available to meet those costs (expected family contribution as determined per your FAFSA filing).
- Grants are financial aid that does not have to be paid back. (Please see Return of Title IV Funds Policy for exceptions.)
- Federal work study enables students to work and earn a paycheck to help pay for school.
- Loans are borrowed money which must be repaid with interest.
- Scholarships are similar to grants in that there is no obligation to repay them. Scholarships can be based on academic achievement, service, and/or need.
Financial Aid Qualifications
In order to receive financial aid, you must meet the following requirements:
- Apply and be accepted into a program that qualifies for financial aid.
- File the FAFSA for the appropriate school year. The FAFSA is available after October 1 of each year. This covers fall, spring, and summer terms for that academic year.
- Enroll in classes that are required for your program.
- Enroll in at least six credits to qualify for federal direct loans.
- Be a US Citizen, a National or permanent resident of the United States.
- Not be in default on any educational loan and/or owe any repayment of funds to Nicolet College or any previously attended educational institution.
- Be in compliance with Selective Service.
- Maintain satisfactory academic progress as defined by Nicolet College's Financial Aid Satisfactory Academic Progress Policy.
Free Application for Federal Student Aid (FAFSA)
Students can apply for federal aid by completing and submitting the Free Application for Federal Student Aid (FAFSA) online. By completing the FAFSA, you are applying for all types of aid which include: federal and state grants, student loans and work study.
Students need to apply each academic year.
Effective October 1st, students can apply for the next academic year. Students will need to complete the FAFSA using a prior year tax returns, so there is no more waiting for your current year taxes to be completed before filling out your FAFSA. For the 2019–2020 FAFSA, students (and parents or spouses, as appropriate) will report their 2017 income information.For the current 2018-2019 FAFSA, the 2016 income will be used.
School Code: 008919
1. Get Organized
To complete the FAFSA you will need information from your 2018 federal tax return. This includes federal tax returns 1040, 1040A, or 1040EZ; W-2s from each job worked in 2018; unemployment, child support, etc. If you are a dependent student, (under the age of 24, single, no dependents, not a veteran) you will also need your parents’ 2018 federal tax returns and income information.
2. Create An FSA-ID
If you are a dependent student, one of your parents will also need to create a FSA-ID of their own. To create your FSA-ID go to www.fafsa.ed.gov;
1. On the home page, click “Start Here”
2. Indicate whether you are the student or parent
3. On the Login screen, click on “Create One”
After you set up your FSA-ID and have established your personal username and password, keep it in a secure place. Your username does not expire, but your FSA ID password will expire every 18 months.
3. Complete the FAFSA
Once you have created your FSA ID, log in to the FAFSA using your FSA ID username and password. Click Start a New FAFSA and make sure you are completing the correct year. You will be prompted to enter a Save Key that will you to save and finish your FAFSA at a later time or make corrections.
NOTE: Complete every question and enter zero instead of leaving a box blank. The ‘Help and Hints’ box displays may help you to complete a question. Nicolet’s School Code is 008919.
4. Submit Your FAFSA
At the end of your FAFSA application you will agree to terms, sign, and submit the FAFSA. For dependent students, the parent with the FSA-ID will choose if they are parent 1 or parent 2 and enter their user name and password; agree to terms; sign; and submit the FAFSA.
You should then see a page confirming that your application has been received. Print or save the confirmation page for your records.
5. Review your Student Aid Report (SAR)
You’ll receive the SAR via e-mail once you complete the FAFSA. Review the SAR carefully and verify the information is correct. If you see incorrect information, make corrections on your FAFSA by returning to www.fafsa.ed.gov. Keep the SAR for your records. A corrected SAR will be issued when changes are made. The Nicolet Financial Aid office will receive your information electronically from the U.S. Department of Education.
Please keep in mind that it generally takes at least two business days for the Financial Aid office to receive your FAFSA.