Financial Aid Q&As

If you seamlessly transition to one of NDC’s partnering Teach-Out Institutions, then you will be expected to pay the same net tuition costs to attend. The scholarships and other aid you receive may have different names or come in different amounts, but the portion of the tuition for which you are personally responsible should be the same or less than it would be at NDC.

If you transfer to a non-partnering institution with whom NDC does not have a Teach-Out Agreement, then you will need to work with that institution’s Admission and Financial Aid Offices on your financial aid package. 

Throughout this semester, NDC staff will be available to help you with this process and get you in touch with the right contacts who can answer your questions. 

If you receive VA benefits at Notre Dame College, your benefits at another institution are likely to continue, but you should review your benefits with the VA representative at your future institution.

If you filed a FAFSA® for the 2024–25 award year identifying Notre Dame College as the institution you would be attending, and need the information forwarded to another institution, visit fafsa.gov to make changes to your filed application.

If you have completed a 2023-24 or 2024-25FAFSA for Notre Dame College, you will only need to add the school code of the new school. Once the Financial Aid Office knows where students will be transitioning, they can assist you in adding the school code.

You can find all your federal student loan information by accessing the National Student Loan Data System (NSLDS). You can access the site using your Federal Student Aid (FSA) User ID and qualifying personal identification information.

Once you graduate, drop below half-time enrollment, or leave school, your federal student loan goes into repayment. However, if you have a Direct Subsidized, Direct Unsubsidized, or Federal Family Education Loan, you have a six-month grace period before you are required to start making regular payments.

When your loan enters repayment, your loan servicer(s) will automatically place you on the Standard Repayment Plan. You can request a different repayment plan at any time. 

Your loan servicer(s) will provide you with a loan repayment schedule that states when your first payment is due, the number and frequency of payments, and the amount of each payment.

Your billing statement will tell you how much to pay. Your monthly payment amount depends on your repayment plan. If you signed up for electronic communication, pay attention to your email. Most loan servicers send an email when your billing statement is ready for you to access online.

Work-study at Notre Dame College is awarded as either federal work-study (FWS) or college work-study (CWS). If you qualify for FWS, as part of your financial aid package, you can apply to work-study jobs at your new institution.

Yes, you are legally required to pay any balance due to NDC. If you are withdrawing from the Spring 2024 semester, then you should follow the steps to request a refund of applicable tuition and fees.

Loan discharge is the removal of your obligation to repay your loan under certain circumstances. There are certain eligibility requirements to qualify for a closed school loan discharge, and you must apply. You can either:  

• Complete and return the Closed School Loan Discharge Application and return it to your loan servicer(s), or  
• Contact your loan servicer(s) about the application process. 

Your Closed School Loan Discharge Application must be sent to your loan servicer(s), not Notre Dame College. To find out who your loan servicer is, log in to My Federal Student Aid or call 1-800-4-FED-AID (1-800-433-3243; TTY for the hearing impaired 1-800-730-8913). Be sure to continue to make payments on your loan while your discharge application is being processed.  If you do not meet the criteria for a loan discharge, you will be informed by your loan servicer(s) and must continue making payments on your loans based on the terms of your promissory note.

U.S. Department of Education Resources:

• Student Loan Repayment Questions: https://studentaid.gov/h/manage-loans  
• Federal Loan Forgiveness: https://studentaid.gov/manage-loans/forgiveness-cancellation  
• School Closed Information: Available for Direct Loans, FFEL Program loans, and Perkins Loans. Learn about the eligibility requirements for closed school discharge and how to apply- https://studentaid.gov/manage-loans/forgiveness-cancellation/closed-school

Important Contacts:

Federal Student Aid Information Center
1-800-4-FED-AID (1-800-433-3243; TTY for the hearing impaired 1-800-730-8913)
Ohio Department of Higher Education

(614) 466-3561  (# for Senior Program Manager – Financial Aid)
https://highered.ohio.gov/students/pay-for-college/pay-for-college 

If you choose to transfer, you will still be responsible for the student loans you borrowed for Notre Dame College, so it is important to address them. While your new institution should automatically report your enrollment, you are responsible for following up. If you fail to do so, you could end up owing loan payments because your loan servicer(s) think(s) you are no longer enrolled. Make sure your loan servicer(s) are aware that you are enrolled at a new institution.

Even after transferring, you are still responsible for repaying loans taken out to cover the costs of previous institutions. You should track all of the different loans you have taken out so you can make a plan for repayment upon graduation. You do not want anything to fall through the cracks when it comes time to repay your college loans.

You can also contact the NDC Financial Aid Office throughout the process for advice on the transfer process and financial aid. 

Notre Dame College is no longer accepting new students. If you submitted an admission application for other programs of study, you should begin to make plans to attend another college.

If you take more than 6 months off, you most likely will have to start repaying your loans, but financial aid advisors will provide exit counseling for each student making this choice to assess their individual circumstances.

No, every institution has its own application process. Applicants need to send their own application materials (e.g., test scores, letters of recommendation, essays, etc.) directly to the institutions to which they want to apply in accordance with each institution’s application requirements.

If you seamlessly transition to one of NDC’s partnering Teach-Out Institutions, then you will be expected to pay the same net tuition costs to attend. The scholarships and other aid you receive may have different names or come in different amounts, but the portion of the tuition for which you are personally responsible should be the same or less than it would be at NDC.

If you transfer to a non-partnering institution with whom NDC does not have a Teach-Out Agreement, then you will need to work with that institution’s Admission and Financial Aid Offices on your financial aid package. 

If you receive VA benefits at Notre Dame College, your benefits at another institution are likely to continue, but you should review your benefits with the VA representative at your future institution.

If you filed a FAFSA® for the 2024–25 award year identifying Notre Dame College as the institution you would be attending, and need the information forwarded to another institution, visit fafsa.gov to make changes to your filed application.

If you qualify for federal work-study as part of your financial aid package, you can apply to work-study jobs at your new institution.

If you have completed a 2023-24 or 2024-25 FAFSA for Notre Dame College, you will only need to add the school code of the new school. Once the Financial Aid Office knows where students will be transitioning, they can assist you in adding the school code.