Accepting Your Federal Direct Loans, Federal TEACH Grant, and Federal Work-Study
You can find a link to accept your aid in the myTC Portal, along with directions and any additional requirements. You will need to take specific steps to accept your Federal Unsubsidized Loan, Federal TEACH Grant, and Federal Work-Study. We strongly encourage you to accept your loans two to three weeks before classes begin.
Note: Some of your financial aid will be accepted automatically on your behalf when classes begin, including scholarships and stipends.
Accepting the Federal Direct Unsubsidized Loan
We encourage you to accept the Federal Direct Unsubsidized Loan before applying for the Federal Direct Graduate PLUS Loan. This loan does not require a credit check for approval, and it offers a lower interest rate and loan fee.
Accepting the Federal TEACH Grant
You may accept or decline a Federal TEACH Grant in the myTC Portal. Note that you will be offered the maximum amount and funds will be disbursed on the first day of classes each term, but the funds will be prorated if your level of enrollment drops.
Accepting Federal Work-Study
You may accept your Federal Work-Study (FWS) funding in the MyTC portal, in the “Award Offer” section of the Financial Aid tab. Here, you will be able to view your FWS information, accept the terms and conditions of the funding, and accept or decline the FWS award offer. Please note that when you accept FWS aid in the MyTC Portal, you have not secured a job on campus. You will still need to go through the application and hiring process. Please learn more about FWS, and review available positions on the TC Human Resources website.
Returning Federal Loan Funds
You may cancel all or part of your federal loan(s) by submitting a Federal Loan Change Form for the appropriate aid year to the Office of Financial Aid within 45 days from the date of disbursement. If you have already received a refund, then you may be required to return the funds to the Office of the Bursar.
Loan Refund Checks
If you are anticipating a refund credit, the amount that you are due will be provided within 14 days of disbursement. Please contact the Office of the Bursar with any questions you have about refund checks.