TECHNICAL AND BUSINESS COLLEGE - FINANCIAL ASSISTANCE
Students enrolling in school are informed that the Technical Business Career College is eligible for federal Title IV
Federal financial assistance and they are encouraged to apply for federal funds to determine
if they are eligible to receive this assistance. A full-time financial aid office is maintained
where all forms are available to apply for the Federal Pell Grant and/or Federal Direct Loan
Program.
The Federal Pell Grant is a gift of aid from the Federal government to eligible students
based on financial need. Need is determined on the basis of a formula developed by the
United States Department of Education and reviewed by Congress annually.
The college expressly provides student loans through the Federal Direct Loan Program as of
July 2010. Federal Direct Loan Program makes available Federal Subsidized Direct Loans,
Federal Unsubsidized Direct Loans and Federal PLUS (parental) Direct Loans. These Loans are
available to eligible students enrolled on at least a half-time basis in an eligible
participating institution.
A student applying for Federal Financial Aid is required to provide supporting documentation
for verification of information given to the Financial Aid Officer. Proper documentation can
include tax returns and W-2 forms. A complete list of documents needed for verification can be
obtained from the Financial Aid Officer.
If a student supplies inaccurate information on any application and declines to correct
this information after being advised by the Financial Aid Officer, the school is required
to refer this case to the United States Department of Education for resolution. No financial
aid will be disbursed to the student unless the school is requested to do so by this Federal
agency.
MTI STOCKTON BUSINESS CAREER COLLEGE - ESTIMATION OF FINANCIAL AID
A tool is included right here on-line allowing students applying for colleges to compare
costs at various campuses. These "Net Price Calculators" determine the sticker price, the
amount paid by a student not receiving any financial aid minus grants the student could
expect based on family finances and, in some cases, academic performance. It is not
a perfect tool. Colleges can vary in what they call the calculators - names include
financial aid estimator, student aid calculator and net price calculator. And that leads to
another inconsistency with the calculators: How much information they ask of users. There
will be a variety, some are elaborate asking more than 40 questions to pretty basic about 10
or less. At MTI Business College we have kept our "Net Price Calculator" simple, quick, and
easy at the basic level. Click Below
Do understand the numbers on your formal financial aid offer could be vastly different if you
put erroneous information in the calculator. As long as students understand it's totally based
on the accuracy of the information. Do not let the results be your final determining factor of
whether you enroll at any college. Financial Aid Advisors at MTI Business College with over ten
years experience are just a phone call or appointment away at accurately filling out an Application
for Federal Student Aid (FAFSA). We are always here to answer all of your questions in order to
make the most informed and intelligent decision at how monies will be allocated paying for the
program you decide to enroll in.
STUDENT LOAN DEFAULT PREVENTION
Students who attend school with the assistance of past Federal Family Education
Loans, before July 2010, or the present Federal Direct Loans must realize the seriousness of the
repayment obligation.These loans must be repaid. If a student obtains a loan to pay
for an educational program, the student will have the responsibility to repay the full amount of the
loan plus interest, less the amount of any refund, and that, if the student has received federal student
financial aid funds, the student is entitled to a refund of the moneys not paid from federal student
financial aid progam funds.
The College has established a service whereby the Student Loan Assistant presents in a small group
atmosphere an Entrance Orientation after starting school and an Exit Orientation at the end of their
program, both containing pertinent up-to-date information. This assists current students and graduates in the
repayment process. Deferment, forbearance or consolidation of payments is possible under various conditions.
The purpose of this important staff person is to assist even those students no longer in the training
process either through graduating or leaving their program with outstanding balances.
RETENTION OF STUDENT RECORDS
Student's currently and formally enrolled admissions, academic, and financial records (physical
and electronic) are securely maintained and protected against damage or loss (i.e. fire, water,
theft, tampering, etc.) by storing them in fire proof file cabinets at the front of the building.
They are locked after hours and weekends. Since 1987 Standards of Accreditation require permanent
records which include financial record (pay card), appraisal, transcripts and initial placement
information transferred onto CD-ROM media to be stored indefinitely at the college. In addition,
back-up copies are maintained off site at the company contracted to produce the CD-ROM media.
JOB PLACEMENT ASSISTANCE
MTI Business College's placement service is a vital part of our students' educational
program and is available to present and past graduates. The Placement Assistant works with the students,
familiarizing them with resume styles the college has found so advantageous since 1970, employment forms,
and the preparation for job interviews. Each program offered through the college has as a part of its
curriculum a course titled, "Placement Orientation", instructed
by the Placement Assistant and condusive to achieving optimum knowledge
for job searching. Final approved resume's are kept permanently at the college in
order to access and update accordingly at any time in the future if a graduate
needs further placement assistance.
The school is informed of the current needs and demands of the job market
through continued contact with employers. The Placement Assistant posts weekly
job listings generated through local and regional newspapers, internet job listing
sites, and making phone contact with regional employers for job availabilities.
No guarantee of placement is made; however, the placement records illustrate
the effectiveness of our efforts and the efforts of our students.
ADVISING
It is the desire of the school to have all students satisfactorily complete their course of instruction.
At MTI Business College of Stockton we have always allowed students, since 1970, an extra 50% or more
of time length in order to complete their educational program without suffering any monetary penalty
or cost increases. The Director of Training, School Instructors and/or Directors are available to
those students experiencing academic or other problems to help them overcome whatever difficulty
is being experienced. Students are greatly encouraged to take advantage of this invaluable assistance.
A list of community organizations and facilities is available for students to
contact and become familiar with in order to seek support for themselves or their
families for substance abuse dependency or family crisis. Our purpose is to
maintain stability and allow to the best of our ability the enhancement of the
learning environment for the successful completion of each enrollee.
HOUSING
The school does not maintain housing for students nor does it make specific recommendations
regarding housing. However, housing accommodations are available in the community.
TRANSPORTATION
Public bus transportation is available with stops located close to the College. It can also be
possible to arrange for transportation by another student if schedules are compatible.
RESOURCE CENTER
The school maintains a resource center containing a number of reference books, magazines and other pertinent
publications and media. Additional informative materials pertinent to each program is kept in the main
classroom for that particular subject i.e. Medical, Computers, Typing, Communications, Math, and Accounting.
The computer lab allows access to the vast informational power of the internet at any time of the day or night
in order to reference additional subject matter for external projects assigned by instructors. Monday, Tuesday,
and Thursdays from 8:00 am to 9:00 pm.; Wednesdays from 8:00 am to 7:00 pm; Fridays from 8:00 am to 5:00 pm.
Reference materials are maintained for use on the school's premises.
A branch of the city public library is available to the schools students for
library resources and for further research. The Margaret Klausner Troke Library
is within three blocks walking distance of the College. The library hours are from
10 a.m. to 9 p.m. Monday and Tuesday, 10 a.m. to 6 p.m. Wednesday, Thursday
and Friday and from 10 a.m. to 5 p.m. Saturday. These hours are convenient for
the student to use the library facilities before and/or after the school's classroom
hours. A librarian is available to offer assistance.
SPECIALIZED TRAINING
MTI Business College offers individualized courses or programs to meet
the specific needs and requirements of employers or individuals. Day and
evening classes are available containing both theory and practical "hands on
training". We take extreme pride and determination at always being of service
since 1970 to our constituants; the students and employees of MTI Business
College of Stockton, Inc.