Frequently Asked Questions

Can I receive help with my FAFSA?

Yes. Please stop by the Welcome Center or call 715-365-4493 to get started and/or to schedule an appointment.

What should I have ready when filling out my FAFSA?

When filling out your FASFA for  the 2020-2021 academic year have the following available: 

  • 2018 student federal tax return and W2(s) 

  • Documentation of student and spouse child support received/paid, unemployment, or other forms of non-taxed income 

  • Documentation of student balances for cash, checking, savings, and investment accounts as of the date of filing the FAFSA 

  • SSN/DOB of student 

  • Student FSA ID (if already established) or go to https://www.fsaid.ed.gov/npas/index.html  to create a FSA ID 

**Students under age 24, who are determined to be dependent by FAFSA requirements, must also provide the same information for their parents .

***Students who are married must include the same information for their spouse . 
 
If you are filing the FAFSA for 2019-2020 (used for fall 2019 and spring and summer 2020 terms), you will use the federal tax return, W-2s and income from 2017. 

What is verification?

Verification is the process used to check the accuracy of the information submitted by students on their FAFSA. The federal processor randomly selects student applications for verification. Under certain circumstances, Nicolet College Financial Aid may also select you for verification. If selected you will receive a Missing Information Letter via email requesting additional forms and/or documentation. Financial aid processing can only continue once you have completed and submitted all the required documentation. To minimize the amount of documentation needed for verification, use the IRS Data Retrieval Tool (DRT) when originally filing your FAFSA. 

What happens once I qualify for aid?

If you qualify for financial aid, a financial aid offer will be placed in your student account after enrollment, and a notification will be sent to via your Nicolet College and personal email. You will also be able to view your offers by logging on to the Financial Aid NetPartner through your MyNicolet portal.  

If you are accepting a direct loan for the first time, you must visit HERE (link needs to be fixed) to complete both entrance counseling and a master promissory note before the loan can be processed. Students who have received any federal student loans in the past, are taking out new loans, and whose social security number (SSN) ends in an even number, will be required to complete the additional loan counseling titled "Financial Awareness Counseling" (FAC). Loans will not process if either of these steps is not completed.  

How do I accept my financial aid offer? When will I receive my financial aid refund check?

Federal student loans are the only offers that need to be accepted which you do by going to your Financial Aid NetPartner page via MyNicolet (link to PDF instructions). 

Disbursement is the process of having financial aid {federal grants and student loans (Title IV funds) and state grants} applied to your balance due. Financial aid is calculated at the Date of Record (DOR) or census date and then disbursed into the student's account. The DOR is 14 days after the start of the student's term. A financial aid refund check is the difference between a student's grants and scholarships minus any tuition, books, or other charges on the student's account. If the student has a credit balance due to the disbursement of the Title IV funds, a refund is mailed to the student within 14 days. Checks are mailed on Fridays beginning the week of DOR each term.  

Student loans are disbursed in two increments with the first half 30 days after the start of the term and the second half at the mid-point of the term. 

If you are a student in a flexible Nicolet My Way Program, funds are disbursed similar to what is mentioned above, but dates will be based on your enrollment period. Your specific disbursement dates will be available when you sign into your MyNicolet account and into the financial aid NetPartner. If you have any questions, please contact the Financial Aid Office for assistance. 

If students have not submitted all paperwork requested (i.e. verification forms) by these dates, their funds will be disbursed into their Nicolet College account after they are eligible for funding and refunds mailed within 14 days.  

Will financial aid pay for my books?

Yes, however you are not able to charge tuition or books until financial aid is offered and accepted. You may charge your books at the Nicolet Bookstore against your remaining financial aid award after tuition and other fees have been deducted. Book charges can be made up to your last disbursement date of the term. 

What about my tuition bill?

If your financial aid covers all of your tuition and any book charges, the process for paying off your student account balance is automatic. If your financial aid does not cover the cost of your tuition, you must pay the balance on your account by the tuition due date. Payment plans can be arranged through your MyNicolet account. Contact the Nicolet College Business Office at 715-365-4458 with any questions. 

Is there any other information I should know about financial aid?

  • Actual offers  are based on your term enrollment. 

  • State and federal funds are tentative at the time of offer. 

  • Financial aid offers will be amended if your eligibility is based on incorrect information on the FAFSA. 

  • Financial aid offers are amended if late start classes are dropped prior to their start and regardless of whether financial aid has been disbursed. 

  • Financial aid will be amended if you receive scholarships or any other type of educational assistance that results in an over-award. 

  • You may not receive financial aid funds from more than one school at a time. 

  • Contact the Financial Aid Office if attending another college and need a consortium agreement. 

  • Contact the Financial Aid Office before withdrawing from a course.