Financial Aid programs are available to postsecondary students enrolling in eligible programs at DMTC. Students who wish to apply for financial aid must complete the Free Application for Federal Student Aid (FAFSA) to determine eligibility. These applications are available in the Student Services and Financial Aid offices at DMTC. It is important to apply as soon as possible because it may take four to eight weeks for processing information by mail.
DMTC now has the capability of enabling prospective students to file via computer. Students are encouraged to complete, sign, and date their FAFSA, then contact the Financial Aid office to file electronically. This will greatly speed up the processing time.
Eligibility for financial aid for all need-based aid is dependent upon demonstrated financial need and the availability of funds through the U.S. Department of Education, State of Colorado, and private lenders.
Financial aid awards may include a combination of gift aid (scholarships and grants) and self-help aid (employment and loans.) A student receiving financial aid through DMTC may accept awards from outside agencies or individuals, but the combination of private awards and school assistance may not exceed financial need. The student is responsible for reporting any outside assistance or changes in financial situation to the Financial Aid office so the financial aid award can be reviewed and appropriately adjusted. Financial aid is awarded to students with the lowest Expected Family Contribution and/or greatest need first, with Pell grants awarded first. Remaining aid is awarded as available. Any aid refused will not be replaced with other forms of aid. Any student with remaining needs of $500 or less is classified as having no need, and no additional aid will be awarded except Federal Work Study.
Every student has the right to appeal his/her financial aid package. If the student is not satisfied, he/she must file an appeal with the Financial Aid office within three days after the financial aid package is presented to the student. The Financial Aid office will then assemble the Financial Aid Committee composed of the Financial Aid Officer, the Student Services Coordinator, one other management staff, and an instructor. The committee and the student will meet no later than five days after the appeal is filed, at which time any award changes will be decided.
All financial aid funds will be disbursed first to cover the tuition and fees for the program a student is enrolled in. Any proceeds from financial aid through the Financial Aid office are made available to students only after the student has enrolled and been in attendance for the term. Stafford Loan proceeds will be disbursed after the student has been enrolled for 30 days or more. Grant funds remaining after meeting a student’s program costs will be disbursed to the student after the midpoint, or 60 percent of the term. Federal Work Study employment will be paid every two weeks upon completion of work and submission of a time sheet.
Students must be enrolled as a full-time student to be eligible for financial aid. Please see Table 3: Full-time Requirements for Financial Aid on page 11 for the number of credits required to be considered a full-time student for financial aid eligibility for the program you are interested in.
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Program
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Hrs Per Sem/Qtr
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||||
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1st
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2nd
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3rd
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4th
|
5th
|
|
|
Barber/Cosmetology Occupations*
|
27
|
27
|
27
|
27
|
27
|
|
|
25
|
22
|
16
|
|
|
|
Business Technology
|
|
|
|
|
|
|
Business Office Administration
|
30
|
29
|
|
|
|
|
Administrative Assistant
|
|
|
29
|
|
|
|
Medical Administrative
|
|
|
33
|
|
|
|
Accounting Technician
|
|
|
30
|
|
|
|
Office Computer Technician
|
|
|
21
|
|
|
|
Criminal Justice
|
|
|
|
|
|
|
Detentions/Corrections
|
42
|
|
|
|
|
|
Police Academy
|
30
|
|
|
|
|
|
Diesel Mechanics Technology
|
37
|
37
|
|
|
|
|
Horticulture & Landscape Technologies
|
|
|
|
|
|
|
Horticulture Core
|
30
|
|
|
|
|
|
Landscape Design
|
|
28
|
|
|
|
|
Landscape Technician
|
|
28
|
|
|
|
|
Nursery and Greenhouse Management
|
|
28
|
|
|
|
|
Turf Specialist
|
|
27
|
|
|
|
|
Practical Nursing
|
|
|
|
|
|
|
1 Yr. Track
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36
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28
|
|
|
|
|
2 Yr. Track (3/4)
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22
|
13
|
14
|
15
|
|
|
Technical Drafting
|
|
|
|
|
|
|
Technical Drafting & AutoCAD
|
31
|
31
|
|
|
|
|
Architectural
|
|
|
31
|
|
|
|
Civil
|
|
|
31
|
|
|
|
Mechanical
|
|
|
31
|
|
|
Financial Aid Application and Verification
Any student applying for financial aid is subject to verification at the discretion of the Financial Aid office. Students selected for verification will be asked to provide appropriate documentation and information prior to any funds being disbursed to them. All students selected by Central Processing Systems for verification will be verified by the Financial Aid office prior to disbursement of funds.
Process of Application for Financial Aid and Verification:
1. Student must complete a Free Application for Federal Student Aid (FAFSA) to determine his/her eligibility. These applications are readily available at the school. The student will be advised by the school’s Financial Aid Officer, during the initial interview, of the required documents necessary to complete the application.
2. Upon completion of the FAFSA, contact the Financial Aid office to arrange electronic filing. At this time, the student will be told when to contact the Financial Aid office for results and verification.
3. Corrections to a student’s ISIR must be made prior to verification.
4. If a student is selected for verification, the student will be instructed to provide the necessary verification documents within ten days.
5. Each applicant selected for verification will be required to submit the necessary documentation (i.e. Federal Income Tax or W-2 Forms, certification of household size and number in college, and all other documentation for taxable and/or non-taxable income) to verify the following: household size, number enrolled in college, adjusted gross income (AGI), U.S. Income Tax paid, and certain untaxed income/benefits. Applicants will also be thoroughly reminded of their responsibilities with respect to verification of application information including the deadlines for completing actions required.
6. NO Financial Aid will be disbursed to students selected for verification until verification is completed.
7. If corrections are necessary, the Financial Aid office will assist the student in filing an electronic correction of data. When the correction is received, any additional verification will be completed.
8. The student will be advised, in writing, of any awards that change.
9. In the event an applicant has filed fraudulent information, and it has been thoroughly determined to be fraudulent, the Financial Aid Officer will advise, in writing, the Office of Inspector General (OIG)-Denver, 1244 Speer Boulevard, Room 211, Denver, CO 80204.
Applicants are encouraged to ask any questions necessary to ensure thorough understanding of the verification process and/or school policy.
Applications for the following financial aid programs are available in the Financial Aid office.
Title IV (U.S. Department of Education)
Pell Grant - Awarded in amounts ranging from $400 to $4,050 per year. Individual grant amounts depend on the cost of the program and level of eligibility, as determined by the U.S. Department of Education. (FAFSA)
Supplemental Education Opportunity Grants - Awards range from $200 to $1,000 per year. A SEOG is awarded according to lowest Expected Family Contribution (EFC) as determined by FAFSA results (ISIR). SEOGs are awarded throughout the year based on EFC and availability of funds.
Federal Work Study – Maximum award is $3,000 per year. Available to assist students with documented need through part-time employment. Most of these jobs are on campus. The Student Services office may also assist students with part-time, off-campus employment in the private sector.
Federal Stafford Loan - Maximum Stafford Loan eligibility is $2,625; this includes previous loans. Student loans are available to qualified students to assist with educational expenses. Once financial need has been established, students may file a Federal Stafford Loan application available from a participating lender. The interest on a Stafford Loan is paid by the U.S. Department of Education while the student remains in school and during the grace period. Repayment begins six months after the student completes his/her vocational program. Students must also be enrolled in a one-year program to qualify for loans.
State of Colorado - (Colorado General Assembly)
Merit Scholarships - Awards range from $100 to $1,500. Merit Scholarships are awarded in recognition of achievement or talent.
Colorado Student Grant - Awards range from $200 to $1,500 per year. Colorado Student Grants are awarded to Colorado residents with demonstrated financial need.
Other financial aid resources may be available to assist in costs related to skills or vocational training.
The Training Advantage assists persons who are learning new employment-related skills or upgrading existing skills.
The Colorado Division of Rehabilitation assists persons who have handicapping conditions which impede employment.
Veterans Educational Assistance is available for approved programs.
For further information on any of these agencies, contact the Financial Aid office.
Students have certain rights and responsibilities relating to the financial aid process.
You have a right to know:
1. What financial aid programs are available.
2. What the application procedures and deadlines are.
3. How financial need is determined.
4. How and when you will be paid.
5. How much of your financial need has been met.
6. What type(s) of aid you have been awarded.
7. The satisfactory progress standards policy.
8. How to appeal decisions relating to your financial aid.
Your responsibilities include:
1. Completion of all application forms accurately and on time.
2. Submission of all additional requested documentation.
3. Reviewing and understanding all forms and procedures prior to enrollment.
4. Enrollment into an eligible program.
5. Reading, understanding, and accepting responsibility for all forms and agreements you sign.
6. Notifying DMTC of any changes in your marital and income status.
7. Notifying DMTC if your address or enrollment status changes.
8. Notifying any lender with which you have a loan of any changes in your address or enrollment status.
9. Repayment of any loan amount received while attending DMTC.
10. Maintaining satisfactory progress while enrolled at DMTC.
A student receiving financial aid is required to make measurable progress towards his/her occupational education goal. During each quarter/semester, the student must maintain satisfactory progress toward meeting the course objectives. A student must progress at a rate which would mean completion of his/her program within the number of quarters/semesters listed in the catalog as the length of the program, plus one additional period of enrollment. The student is eligible to receive financial aid for the length of time it normally takes a full-time student to complete the program. No aid will be awarded to students for remedial, non-completed, or repeat courses. Withdrawals and incompletes are considered non-completions.
To maintain Satisfactory Academic Progress, a student must:
- Earn a Grade Point Average (GPA) of 2.00 or better based on all work for which the student is registered.
- Successfully complete a minimum of 75 percent of the normally scheduled and prescribed courses in which the student is enrolled.
- Maintain regular attendance, with absences being less than 10 percent of the grading period for the student's program.
Instructors will compute satisfactory progress at the end of each grading period and provide the Financial Aid office a list of names, grades, and attendance of any student not meeting Satisfactory Academic Progress Standards. During the course of a grading period, an instructor may refer students in danger of not making satisfactory academic progress to the Financial Aid office for counseling.
A student not meeting satisfactory progress requirements will be notified and placed on academic probation for one grading period. If the student fails to meet the minimum requirements at the end of probation, he/she will be notified and have all financial aid suspended immediately. Any student having unsatisfactory academic progress for two consecutive terms will have all Title IV aid suspended for one quarter/semester. A student on financial aid suspension will be eligible for reinstatement after he/she successfully meets the guidelines of student academic progress for one grading period.
A student may appeal a financial aid probation or suspension by submitting a written appeal to the Financial Aid office within five school days of receipt of notification. Appeals for reinstatement will only be approved for circumstances beyond the student’s control. Examples of refund and repayment policies are available upon request.
