We know Financial Aid is confusing for many students. We want to help you! Stop into the Welcome and One Stop Center for assistance. The Welcome and One Stop Center staff are ready to support students with answers to questions and to help navigate the FAFSA and the Financial Aid process. Financial Aid Specialists are also on hand to help students needing extra assistance or special circumstances.
2024-2025 Financial Aid
Welcome to the 2024-25 academic year! We appreciate the patience you have shown as we continue to navigate the changes as a revised Financial Aid Application (FAFSA) is implemented for the 2024-25 academic year.
If you are in need of financial assistance to help with the cost of attending college, your first step is to complete the 2024-2025 Free Application for Federal Student Aid (FAFSA). If you have already completed the FAFSA, please log into your eServices account and select “Aid Application Status” to review the status of your file and take action on any requests for information.
Once your financial aid file is complete, you will be notified via email when your Award Offer is posted to eServices for your review. Make sure to also review the RCTC Award Guide for details about how your financial aid is processed and the requirements you must meet to continue receiving aid.
Key information and dates for Fall Semester 2024:
- Checklist for Fall Semester Financial Aid Students
- Setup your Direct Deposit information
- Financial Aid Disbursement for Fall Semester 2024 begins on September 6, 2024
Minnesota North Star Promise Program
***COMPLETED FAFSA REQUIRED TO BE ELIGIBLE***
Beginning in Fall 2024, the Minnesota North Star Promise program will create a tuition- and fee-free pathway for Minnesota residents with incomes under $80,000 for students who have a 2024-25 FAFSA on file. After other aid has been applied, eligible students who still owe a balance for tuition and fees will receive the Minnesota North Star Promise scholarship to pay these remaining costs. Current eligibility rules and guidelines can be found here.
Financial Aid Resources
- The Financial Aid Process – How & When to Apply (FAFSA)
- Apply now! (Link to U.S. Department of Education – FAFSA)
- Cost of Attendance
- Net Price Calculator
- Sources of Aid (Grants, Loans, Work Study, Scholarships)
- Financial Aid for Veterans
- Loans for PARENTS of undergraduate students
- Financial Management Information
- Rights and Responsibilities of Financial Aid Recipients
- Code of Conduct for Financial Aid Office Employees
- Contact information and location of Financial Aid Office
Financial Aid Applicant Resources
- FORMS AND DOCUMENTS
- CHECK MY STATUS (eServices Login)
- RCTC Financial Aid Award Guide
- Checklist: Review and Respond to your Award Notice
- Checklist: Budget Planning and Student Loans
- Disbursement Information and Textbook Charges
- Direct Deposit Information
- Federal Direct Loan Program
- Work Study / Student Employment Programs
- Minnesota SELF Loan – Online Application
- Special Information for graduates
- Special Information regarding withdrawals and drops
- Satisfactory Academic Progress