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CONSUMER INFORMATION

Financial Aid Consumer Information for Students 
Pontotoc Technology Center 
Ada , Oklahoma 

PTC encourages all students who wish to be considered for Financial Assistance to complete the Free Application for Federal Student Aid (FAFSA). Student's eligible to participate in the Federal Student Assistance programs should be aware of the Technology Center 's and Federal Financial Aid policies, procedures, and other requirements for eligibility and participation.

Consumer information from the U.S. Department of Education:

Many of the specific eligibility requirements to gain and retain Federal Aid eligibility is found in the publications provided by the U. S. Department of Education, and on their websites at:

www.students.gov

www.ed.gov

Additionally, the Technology Center makes many of these booklets, brochures, pamphlets, applications and other consumer information available at the campus Financial Aid Office.

Student Right-to-Know Disclosures:

In accordance with the Student-Right-to-Know Act, the Technology Center provides the following information for its students:

1. The following information is the disclosure of graduation /completion rates and transfer-out rate based on all post secondary first-time attended and full time students . Students who entered in the 2005-2006 school year, 64.5 percent successfully completed a certificate program at the Technology Center and 10.7 percent transferred to other institutions.
2. Campus Security Reports are available at the Student Services Office and posted on the Technology Center 's website.
3. Drug and alcohol prevention information pursuant to Public Law 101-226, distributed to students annually, published in the Student Handbook, and the Technology Center 's Policy and Procedure Manual.
4. Student's rights under FERPA-distributed to students annually, available in the Student Services Office, and published in Student Handbook and the Technology Center 's Policy and Procedure Manual.

Financial Aid Information – General:

The following information is provided to students to give them a general overview of the Student Financial Assistance available at Pontotoc Technology Center .

The Technology participates in the U.S. Department of Education's Title IV Federal Student Assistance Program, the State of Oklahoma Scholarship and Grant Programs. In addition, the Technology Center participates with local funding agencies and additional programs. Programs include:

· Federal Pell Grant

· Otha Grimes Scholarship

· OESC (Dislocated Worker)

· WIA (Workforce Investment Act) Contact Local Employment Office

· Chickasaw Nation and/or other tribal educational services

· Vocational Rehabilitation Services

· Worker's Compensation – State Insurance Fund

· BIA (Bureau of Indian Affairs)

· Physician's Manpower (Matching or Non-matching)

· Veterans Financial Assistance – Contact PTC Financial Aid Office

· Well Fargo Individual Loan Program

Students interested in any financial assistance at the Technology Center should complete the FAFSA, applications are available in the Financial Aid Office.

Eligibility for Financial Assistance varies, based on the type of aid provided. The Federal and State Financial Assistance Eligibility requirements are regulated by these prospective entities, with specifics found on their websites. The requirements and regulations for Federal Financial Aid can be found on the websites shown above under “Consumer Information”. Eligibility requirements to participate in the Oklahoma Tuition Aid Grant can be found at:

http://www.okhighered.org/student-center/financial-aid/otag.shtml

The Technology Center distributes Financial Assistance to students based on a combination factors , which include, student's financial need, availability of funds, compliance with satisfactory progress standards, enrollment status and other factors on an individual basis. See the Campus Financial Aid Office for additional requirements.

Return of Title IV Funds.

Student Financial Assistance Programs requires that the Technology Center to Return Federal Funds for students who fail to earn the full amount disbursed, due to early and complete withdrawal, or when students fail to attend classes for which they were enrolled in. When either of these situations occurs, the Technology Center is required to perform calculations to determine the amount of funds earned by the student, and the amount to be returned to the Department of Education. Once the calculations are made, the Technology Center returns a portion of the unearned funds it received on behalf of the student, and also returns the student's portion as well. The order of Title IV Funds returned, calculated by the Technology Center is as follows:

· Federal Pell Grants for which a Return of Funds is required

· Federal SEOG for which a Return of Funds is required

The Technology Center will notify the student when a Return is performed, and depending on the amount being returned the student my be billed for any outstanding obligations created by the student for failing to earn Title IV Funds, for which Federal Funds were disbursed. Additional information regarding the Return of Title IV Funds process should be addressed with the Campus Financial Aid Office. The specific amounts calculated for return, under this procedure, should be addressed with the Campus Financial Aid Office.

General Information about Pontotoc Technology Center :

General information about the Technology Center is available on the Center's website. Additionally, information about the Technology Center will be made available to students, upon request, at or will be facilitated by the Office of the Director of Student Services. Institutional information available to students includes , but is not limited to, the following:

· Accrediting bodies, agencies, and associations the Technology Center is affiliated – Director of Full-Time Programs office

· Information regarding special facilities available to students with disabilities – Director of Student Services office

· Cost of attendance, including tuition, fees, books, and other educational costs – Financial Aid office

· Certificate programs, training, and other educational related programs – Director of Student Services office

· List of faculty and other instructional personnel – Director of Full-Time Programs office

· Contact information for financial assistance – Financial Aid office

· Student refund policy – Director of Student Services office

· Requirements and procedures to officially withdraw from the Technology Center – Director of Student Services office

For more details regarding the Technology Center , its mission, academic programs, and services, please visit the PTC website at www.pontotoc.com .

Further, the Office of the Director of Student Services, Phillip Whitlock (580) 310-2250 can assist you in obtaining the requested information.