For Students Starting AFTER July 1, 2011.
You will need to follow the steps below and provide the appropriate information in order to complete your Financial Aid application for Ohio Technical College.
If you DO NOT plan to apply for financial aid, you must complete the FA Refusal Form.
PLEASE NOTE: You must either apply for Financial Aid or complete the Financial Aid Refusal Form.
Please review the following checklist to determine whether or not parental information is required. If your answer is "yes" to any of the following 8 questions, you may be considered an independent student for Financial Aid purposes (additional documentation may be required to support your dependency status.)
Are you DEPENDENT or INDEPENDENT?
1. Were you born before January 1, 1988?
2. As of today, are you married? (Answer "yes" if you are separated but not divorced.)
3. Do you have children who receive more than half of their support from you?
4. Do you have dependents (other than your children or spouse) who live with you and who receive more than half of their support from you, now and through June 30, 2011?
5. Are (a) both of your parents deceased, or (b) are you (or were you until age 18) a ward/dependent of the court?
6. Are you a veteran of the U.S. Armed Forces? Answer "yes" if you have engaged in active duty in the U.S. Armed Forces (Army, Navy, Air Force, Marines or Coast Guard) or are a National Guard or Reserve enlistee who was called to active duty for purposes other than training and were released under a condition other than dishonorable. Also answer "yes" if you are not a veteran now but will be one by June 30, 2010.
7. Are you or were you an emancipated minor, or are you or were you in legal guardianship as determined by a court in your state of legal residence?
8. At any time on or after July 1, 2010, did your high school homeless liaison or director of emergency shelter, transitional housing or youth basic center determine that you were an unaccompanied youth who was homeless or self-supporting and at risk of being homeless?
***IF YOU ANSWERED "YES" TO ANY OF THE PREVIOUS 8 QUESTIONS, PLEASE COMPLETE STEPS #1-6.
***IF YOU ANSWERED "NO" TO ALL OF THE PREVIOUS 8 QUESTIONS, PLEASE COMPLETE ALL STEPS #1-10.
FINANCIAL AID APPLICATION STEPS
1. Complete the Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov. (OTC's school code is 011745). You will need your FAFSA PIN to electronically sign the form. If you do not have a PIN, you may apply for one at www.pin.ed.gov.
2. Complete the Institutional Verification Form (IVF). Click Here for Form.
3. Send a legible copy of the STUDENT'S and/or SPOUSE'S 2010 W-2 forms.
4. Send a legible copy of the STUDENT'S and/or SPOUSE'S signed 2010 Federal Tax Return along with attached schedules.
5. Send a legible copy of 2010 Social Security benefits received, if applicable.
6. Send a legible copy of 2010 NON-TAXABLE INCOMEyour family received, such as disability benefits, child support, pensions, public assistance, or Workman's Compensation, if applicable.
7. Send a copy of the student's FINAL high school transcript, GED certificate, or ATB results (if not previously submitted). If you need to request this information from your high school, please use the Request for High School Transcript.
8. DEPENDENT STUDENTS ONLY - Complete the Federal Direct Parent Loan for Undergraduate Students (PLUS) Pre-Application Form. Click Here for Form.
9. Send a legible copy of the PARENTS'/STEPPARENTS' 2010 W-2 forms.
10. Send a legible copy of the PARENTS'/STEPPARENTS' signed 2010 Federal Tax Return along with attached schedules.
*Additional information may be requested by the Financial Aid Office to accurately evaluate your financial circumstances. Your prompt cooperation is always appreciated as we strive to complete your Financial Aid application in a timely and accurate manner.
If at any time you have questions or concerns, you may contact the Financial Aid Office at prichey@psi-now.com or at 800.322.7000. Our office hours are Monday - Friday 7:30 AM until 4:00 PM. Additional times may be scheduled by appointment only.
Once you have completed your application forms and have gathered your documentation, please fax, mail or email your application packet to the Office of Financial Aid at:
PowerSport Institute
Attn: Financial Aid Office
21210 Emery Road
North Randall, OH 44128
Fax: 216.332.0423
Email: prichey@psi-now.com
NOTE: **It is strongly recommended that you have your financial aid and payment arrangements finalized at least 30-days before beginning classes.**