Frequently Asked Questions


UTC's federal school code for Title IV aid purposes is 003529.

Monday - Friday - 8 am to 5 pm

Extended hours are available during the first week of classes each fall and spring semester Monday - Thursday 8:00 AM - 6:00 PM

As of Summer 2010, the Department of Education is the lender for all Direct Student Loans. They can be contacted at 1-800-557-7394 or  If you have a loan or loans that were received before Summer 2010, you may log in to to see your student loan history as well as your servicer and lender information.

The standard financial aid processing time for our office is 4-6 weeks from the time a file is complete and 8-12 weeks during peak processing times. In many cases, all that is required for your financial aid application is the FAFSA. However, if your file is selected for verification, additional documents may be requested by the Financial Aid Office.  Check your MyMocsNet account to see your requirements.

There are both institutional and outside scholarships available. If additional aid is still needed, credit-based loans are available to qualified students. PLUS Loans are credit-based federal loans borrowed in the parent's name for dependent undergraduate students. Graduate PLUS loans are also available for graduate students. Students must be enrolled at least half time and must be maintaining Satisfactory Academic Progress. Credit based Private Loans are also available for both dependent or independent students.

The verification process requires UTC to collect documentation of taxable income, in addition to other documents. We can no longer accept a copy of your tax statement if selected for verification.  A Tax Return Transcript is required to verify income.  We encourage you to document tax information using the IRS Data Retrieval. To use the IRS Data Retrieval, access your FAFSA application at, click on "Make FAFSA Corrections"; then, select IRS Data Retrieval, or you may request a tax return transcript at or 1-800-908-9946. In most cases, for electronic tax filers tax return information should be available for retrieval from the IRS  within 2-3 weeks after tax filing has been processed by IRS; paper tax return information should be available 8-11 weeks after the tax return has been processed by IRS. Note: Married applicants must file jointly in order to use the IRS Data Retrieval; it also cannot be used when marital status changes after the end of the tax year or if an amended tax return has been filed. This is a free process and no one should charge you to complete the FAFSA or make corrections. If you are requesting a tax transcript, you can expect to receive your IRS Tax Return Transcript within 5-10 days.

First, make sure that you have accepted your loan on your MyMocsNet account. Accepted loans are transmitted electronically to the Department of Education weekly. First time UTC borrowers must complete a Master Promissory Note and Entrance Loan Counseling. You must be enrolled at least half-time at the time the funds are received.  PLUS and Private loans are certified weekly by UTC once we receive the notice of approval. If a PLUS Loan has been approved, a Parent PLUS Information Form must be completed by you and your parent and submitted to the Financial Aid Office.  If the PLUS Loan has been denied, you (the student) may be eligible to receive an additional unsubsidized loan up to $4000 per year if you have 0 - 59 credit hours or up to $5000 per year if you have 60 or more credit hours. The additional unsubsidized loan amount must be requested by completing and submitting the PLUS Information Form.

If a Private loan has been approved, you must complete a Private Loan Request Form and submit it to the Financial Aid Office. Once the Financial Aid Office receives the check(s), please allow 48-72 hours for internal processing. Private loan checks may need to be endorsed by the student in the Bursar's Office. You must still be enrolled at least half-time at the time the funds are received.

Every student, regardless of Admissions status, has access to a financial aid counselor.

All financial aid inquiries should be emailed to You should receive a response to your e-mail or phone message within 48 hours of the initial request. We also have on-call counselors available daily to help with any of your questions or concerns if you call the office at 423-425-4677 or come by the office.  The Financial Aid & Scholarship Office is located in the University Center Room 201.

 Contrary to popular belief, Stafford loans and Parent PLUS loans (although they are in the parent's name) ARE financial aid and their funding is provided for by the federal government. Aid provided by the federal government falls into the category of “Title IV aid” and these funds are subject to the rules and regulations of an individual school's Satisfactory Academic Progress policy.  

 All students at UTC are subject to the Financial Aid Satisfactory Academic Progress policy set forth by our office. We must hold all students equally accountable, in the chance that they may apply for financial aid at some point of their academic career at UTC. This hold does not prevent you from registering or attending classes. Please note that UTC's Satisfactory Academic Progress policy may differ from other higher education institutions.  


If you have questions regarding your HOPE Scholarship, please contact the Financial Aid & Scholarship Office. The rules and regulations change frequently, and although your adviser may have your best interest in mind academically, they may not be aware of rules regarding dropped hours, required GPA's, and checkpoints. Anyone in the Financial Aid Office can answer your general HOPE Scholarship questions.

The FAFSA is required each year and is available on-line at January 1.  The FAFSA must be completed by September 1 of each year to receive the HOPE for the Fall semester; February 1 of each year to receive the HOPE for the spring or summer semester.

 For state and federal financial aid purposes, a student is only considered independent if one or more of the following are true: you are 24 years old; you are enrolled in a graduate degree program; you are married; you have children or other dependents who receive more than half of their support from you; both of your parents are deceased; you are (or were until age 18) a ward/dependent of the court; or you are a veteran of the U.S. Armed Forces. If none of these statements apply to you, you must provide parent information on your FAFSA and other financial aid documents. Extenuating circumstances may be reviewed by a UTC Financial Aid counselor on a case by case basis.  If you have extenuating circumstances and are unable to provide parent data, please contact the Financial Aid & Scholarship Office.  

Financial aid may be prorated if you drop some classes and your enrollment status changes. If you have picked up a refund, you may owe money back.  If you totally withdraw from all classes, at any time during the semester, you may also owe money back.  Always speak with a financial aid representative before making any changes to your enrollment.  If you are a HOPE recipient and drop below half time during a semester or withdraw from all classes without prior approval, you will forfeit the HOPE for all future terms.

UTC offers summer financial aid pending a review of each student's eligibility. Students will be notified via the MyMocsNet account of summer aid eligibility approximately two weeks after registration. No summer aid application is required. Students must enroll at least half time for summer semester to receive a student loan or the HOPE Scholarship.  HOPE Scholarship recipients are eligible to receive up to $2000 during the summer if enrolled full time.  The award amount will be prorated if student enrolls less than full time.


No.  You may not receive financial aid at more than one school for any one term.  However, if you wish to take courses at another school and receive aid at UTC, you may do so through an approved Consortium Agreement if:

  • you remain degree seeking at UTC.
  • you remain eligible to receive financial aid (refer to Satisfactory Academic Progress policy).
  • the courses will transfer towards your UTC degree.
  • You complete the Concurrent Enrollment Form.  This form must be completed and received by the Financial Aid Office before the last day of the term.

Please note, aid may not be available at the time fees are due at your other school.  Please refer to our Important Dates for disbursement dates.

 Please check the terms of your scholarship for renewal criteria every academic year. You must be fully admitted to the University with a UTC ID to apply for Institutional, Endowed, and Departmental Scholarships. Entering first time Freshman, Transfer, and Continuing students may visit the scholarships page for instructions on how to apply and search for scholarships.  Scholarship inquiries should be directed to the Financial Aid & Scholarship Office by calling 423-425-4677 or email us at .

 All aid awarded by the financial aid office or received from any outside source will reduce the amount due on your bill. 

Institutional scholarships, federal and state aid will disburse during the second week of classes.  If you total disbursed aid exceeds your UTC charges, you will receive a refund of the access amount.