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Federal Student Aid Programs <br />This institution participates in federal financial aid programs with approval from the <br />U.S. Department of education Higher Education Act of 1965 to participate in Title IV <br />funding. <br />Federal Pell Grants — Are awarded to eligible undergraduate students; those that <br />haven't earned a bachelor's degree or graduate degree. The amount of money awarded <br />is based on a student's Expected Family Contribution (EFC) to help the student with <br />tuition costs. Disbursements of these funds will be applied to your student account if <br />you are eligible. <br />William D. Ford (WDF) Federal Direct Subsidized and Unsubsidized Loans— have annual <br />loan limits, based on the student's dependency status and grade level and must be <br />repaid <br />Subsidized — Is a loan program available to undergraduate students that demonstrate <br />financial need. The subsidized loan is to assist students with educational costs; the <br />student is not required to make payments or pay the interest during at least half- <br />time attendance; however, interest will begin to accrue on the first day after the last <br />day of attendance. <br />Unsubsidized — Is a loan program available to students based on cost of attendance; <br />who may not qualify for a subsidized WDF loan, Pell or for students who may qualify <br />for only partial subsidized WDF loan. The terms and conditions are the same as the <br />subsidized WDF loan, except that the borrower is responsible for the interest that <br />accrues while the student is in school and during the grace period for the duration of <br />the loan. <br />Both entrance and exit counseling are requirements of the WDF Federal Direct Loan <br />Program. Students must be enrolled in NTMA's certificate program to receive the loan <br />and meet Satisfactory Academic Progress (SAP). <br />• PLUS Loans for Parents— Is a credit based loan program to assist parents of <br />undergraduate dependent students with educational costs. Like the unsubsidized <br />WDF loan, the interest in not subsidized by the government. Repayment begins 60 <br />days after the loan is made. <br />NTMA will assist students in developing financial plans to pay for their education <br />through a combination of student/family contributions, and financial aid, if applicable. <br />All students must sign a Master Promissory Note (MPN) if you are a borrower of WDF <br />Federal Direct Loan Program. <br />Registration information: Santa Fe Springs (Main Campus) 562.921,3722 - Visit our Web site: www.trainingoenters.org <br />