Apply for Financial Aid

PSTCC Home | Financial Aid | Apply for Financial Aid

Steps to Apply for Grants:

Go to the Web site www.pin.ed.gov and apply for a pin number. This pin number will be used to electronically sign your Free Application for Federal Student Aid (FAFSA). The FAFSA is used to determine what you will qualify for.

Go to the Web site www.fafsa.ed.gov and complete the FAFSA online application. You will need a copy of your (and your parent’s if you are dependant*) 2008 federal tax returns. This application will be evaluated by the Department of Education. Within three to five days an electronic student aid report will be sent to the Financial Aid Department at Pellissippi State.

Once we receive the student aid report we will evaluate it and determine if your application has been selected for “verification.” If your application is selected for verification, we will notify you by mail that certain documents will need to be provided to the Financial Aid Department. Those documents could include: copies of federal tax returns, verification worksheets, and so on.

If your application has not been selected for verification or if it has and you have provided us with all the necessary documentation, we will determine if you qualify for grants. We will send you a letter in the mail informing you about what grants, if any, you qualify for. If you do not qualify for any grants, we will also send a letter letting you know.

Steps to Apply for a Student Loan (first time borrowers):

If you want to apply for a student loan, you will first need to complete the FAFSA online. Again, if it is selected for verification you will need to provide the Financial Aid Department with certain documents. You must betaking at least six credit hours to apply for a student loan. For more information on the federal student loan program go to our web site at http://www.pstcc.edu/financial_aid/loans.html.

Next, you must complete the Loan Request Form and submit it, via e mail. If you are unable to submit the form via email or fill out the form on line, print the form, complete it and return it, to the Financial Aid Office at PSTCC.

You will then need to electronically sign your master promissory note. We no longer accept paper applications. Your student loan promissory note can be completed online by going to http://www.pstcc.edu/financial_aid/stafford.html click on a lender from the list. You will then be taken to the lenders web site to complete the master prom note.

Once you have electronically signed your promissory note, you will need to complete “Entrance Counseling.” The entrance counseling will go into detail about your student loan and cover topics such as your rights and responsibilities, repayment options, and so on. Click here for Entrance Counseling and follow the directions.

We will let you know by mail if your student loan application was approved or denied.

Please answer the following questions to determine your dependency status

Were you born before January 1, 1986?
As of today are you married? (Answer "Yes" if you are separated but not divorced.)
At the beginning of the 2009-2010 school year will you be working on a masters or doctorate program such as an MA, MBA, MD, JD, PhD or graduate certificate, etc.)?
Are you currently serving on active duty in the U.S. Armed for purposes other than training?
Are you a veteran of the U.S. Armed Forces?
Do you have children who receive more than half of their support from you between July 1, 2009 and June 30, 2010?
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 through June 30 2010?
When you were 13 or older, were both your parents deceased, were you in foster care or were you a dependent/ward of the court?
As of today, are you an emancipated minor a determined by a court in your stale of legal residence?
As of today, are you in legal guardianship as determined by a court in your state of legal residence?
At any lime on Or after July I, 2008 did your high school or school district homeless liaison determine that you were an unaccompanied youth who was homeless?
At any time on or after July I. 2008, did the director of an emergency shelter program funded by the U.S. Department of Housing and Urban Development determine that you were an unaccompanied youth who was homeless?
At any time on or after July I. 2008, did the director of a runaway or homeless youth basic center or transitional living program determine that you were an unaccompanied youth who was homeless or were self-supporting and at risk of being homeless?

If you answered "No" to all of the above questions, you are considered dependant. You will need your 2008 federal taxes and your parents 2008 federal taxes to complete the FAFSA.

If you answered "Yes" to one or more of the above questions, you are considered independent and will only use your 2008 federal taxes (and your wife’s or husband’s if you are married) to complete your FAFSA.

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