Financial Aid Office
Welcome to the North Idaho College Financial Aid Office webpage. Our office is committed to assisting students in paying for their education while assuming as little debt as possible. As a result, we use creative ways to award student loans and leverage scholarship money.
Please review the links on the right hand side of the page for information on how to apply for financial aid and scholarships, what types of aid are offered, how to keep your financial aid, important information you need to know, deadlines, and any forms that are requested.
Disbursement Policy Overview
Students who accept Federal Student Loans will receive incremental disbursements (residual funds left over after all tuition and fees are paid for) within each semester. Loans will be split in half each semester and the first disbursement will take place at the normal disbursement time. The second half will be set for the week after midterm grades are due. Students who have all "F" grades, a combination of "F" and withdrawals AND who are not attending at least six credits will not receive their second disbursement.
See disbursement dates below:
|Term||1st Disbursement||30-Day Delay Disbursement||2nd Disbursement|
||June 17, 2016
||July 6, 2016
||July 6, 2016
||September 9, 2016||September 27, 2016||November 4, 2016
||January 27, 2017
||February 14, 2017
||March 24, 2017
Late Start Courses & Disbursements
If you register for a late start course, you may not receive a disbursement until your attendance has been verified in those courses. Click the following links to see how this may affect your Grants and/or Loans.
Student loans are issued twice over the course of each semester. To better understand how and when loans are applied click the following link.