Please be aware that under federal guidelines, financial aid will only pay for courses required for your academic program.
New: Financial Aid Matters Sessions
We know the financial aid process can be complicated. So, we are happy to announce “Financial Aid Matters,” a new group information session for our students.
This session touches on a variety of financial aid topics that are important to know during your academic career at A-B Tech and beyond. It is an hour in length and held a few times a week to ensure accessibility for all of our students. The first half of the session contains general information about financial aid and receiving aid at A-B Tech. Other important topics include federal work-study program employment opportunities as well as Satisfactory Academic Progress standards. Anyone who has applied for aid or is interested in potentially applying for aid is encouraged to attend. The second half focuses exclusively on student Direct Loans.
Register Now for your "Financial Aid Matters" group session.
Important Enrollment Status Information
All awards that appear on your award letter are based upon full-time enrollment of twelve (12) credit hours or more, per semester. Award amounts for students attending less than full-time will be subject to proration.
Additionally, students who are enrolled for late-start or mini-mester courses will NOT receive aid for these courses until we confirm attendance once the courses begin. This calculation WILL affect your award amounts.
Registration Charges/Paying for Classes
You do not need to take any action to pay for your classes if your aid package is in an “Accepted” status in the WebAdvisor “Financial Aid Status by Term” link. The state mandates that the College notify all students that have a balance with the College, even students awarded financial aid. Therefore, you may get bills/phone calls/emails from the Business Office saying that you have a balance and notifying you of the payment deadlines. Do not be alarmed. The College will not drop your classes for non-payment at the payment deadlines.
Note: If your registration balance exceeds the amount of your aid package for the term, you will need to contact the Business Office to make arrangements to pay the excess balance.
If your aid package for your enrollment status exceeds your registration fees, any remaining aid can be used to purchase books in the college bookstore during dates identified by the Bookstore. Bring your student ID card and a schedule of your classes when you come to the Bookstore. Pell eligible students can purchase books and supplies up to seven days after the start of a payment period. The dates for charging books and supplies will be listed on the main college calendar accessible from the A-B Tech homepage.
Students are not required to purchase books and supplies in the A-B Tech Bookstore. Using financial aid funds to charge in the Bookstore is a service provided by the College as a convenience. Students are given the option to opt out of charging books in the Bookstore prior to the awarding of financial aid through the Information and Consent Form.
Financial Aid Refunds
Your registration balance and Bookstore charges will remain on your account until your aid funds are transmitted from the federal and/or state agencies according to the Financial Aid Disbursement Schedule. You will receive a refund of any remaining aid that you are eligible for once your charges have been deducted. All financial aid funds, except Work-Study paychecks, are disbursed through BankMobile.
Please consult the section below to learn how different types of aid refunds are disbursed.
Pell Grant funds will automatically be disbursed according to the Financial Aid Disbursement Schedule.
State Grant funds will automatically be disbursed according to the Financial Aid Disbursement Schedule.
Direct Loan funds are issued according to the lender’s disbursement schedule sent to the student by the lender in conjunction with the Financial Aid Disbursement Schedule. Please note, if you are a first-time borrower, your loan will be subject to a 30 day hold from the start of classes.
Work-Study paychecks are disbursed according to the payroll schedule located on the timesheet. Work-Study paychecks will be mailed to the address in the student's academic record.
Satisfactory Academic Progress
According to federal and state regulations, students receiving financial aid must maintain Satisfactory Academic Progress (SAP). Review our SAP Page for details.