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Instituto Tecnológico de Santo Domingo

Federal Student Aid

University education is one of the most important investments a student makes. To help pay for your studies, the Technological Institute of Santo Domingo (INTEC) participates in the Federal Loan Program of the United States Department of Education, thus making subsidized and unsubsidized Stafford loans available.

This financial aid is intended for students of citizenship or US residence enrolled at least half time (6 credits). The help helps cover educational expenses including tuition and accommodation fees, books, supplies and transportation, according to your needs.

Types of loans

  • SUBSIDIZED LOAN
    You must reimburse after a grace period of 6 months after finishing your studies, when you unsubscribe or stop attending at least half time.
    The Federal Government pays the interest generated while the student attends the university and during the period of grace and deferment of payment.
    Available for dependent and independent students.
  • NON-SUBSIDIZED LOAN
    You must reimburse after a grace period of 6 months after the end of your studies, when you unsubscribe or stop attending at least half time.
    The borrower is responsible for paying the interest generated during the years of study, grace period and deferment of payment.
    Available for dependent and independent students.
  • PLUS LOANS
    Interest accrues from the first disbursement and the borrower is the one who must pay them.
    Available to parents of dependent students not yet graduated and graduate students.
    Limit: Cost of assistance less any other financial aid.

Who receives Financial Aid?

Requirements that make you eligible to receive financial assistance:

  • Have a high school diploma or GED certificate.
  • Be a US citizen or foreigner with right.
  • Be enrolled in a degree, at least half time.
  • Have a valid social security number
  • Do not be in default on a federal student loan.
  • Be enrolled in the Selective Service, if applicable.
  • Sign a statement on the Free Application for Federal Student Aid.
  • Certify that you will use federal student aid for educational purposes.

How to apply to receive Financial Aid?

  1. Complete the Free Application for Federal Student Aid (Free Application for Federal Student Aid, FAFSA). This is a form you can get on the internet at the address www.fafsa.ed.gov. When filling it you need a PIN, which represents your electronic signature. On the same page you will find information on how to obtain a PIN. (If you are a dependent student of your parents, one of your parents must sign the FAFSA as well). The school code is G12811.

    Transfer students: Students must complete the corresponding FAFSA for INTEC of the academic year that is running at the time of the school transfer process.

  2. Income Advice: This will help you understand your responsibilities regarding your loan. All students who attend INTEC must complete the admission counseling. Admission counseling can be completed at the following address: http://studentloans.gov

  3. You will receive a report (Student Aid Report, SAR). This confirms the information provided in your application and you must submit it to the Financial Assistance Office. The university will receive an electronic copy of this document. The SAR is reviewed and, if everything is correct, the third step is carried out.

  4. You must fill in www.studentloans.gov a Master Promissory Note, which is the loan note that must be completed each time you renew your loan (every three quarters). The university originates your loan if your condition is in order. For this process you must be officially registered in the INTEC.

  5. New students will receive their first disbursement at the 30 days of regular attendance at the classes.

Important notes:

  • When completing the corresponding forms to request loans, the student is made an Entrance Interview to the program (Entrance Interview) in which you are informed of the responsibilities, duties and rights with the loan. Upon leaving university you will also have to complete a Final Interview or Exit Interview.
  • These loans are subject to origination charges. These charges are deducted from the loan.
  • All students eligible to receive Financial Aid must comply with all regulations and institutions.

Dependency Status:

You are a student independent if you meet at least one of the following conditions, otherwise you are dependent.

  • Will you have 24 years or more for the December 31 of the academic year for which you are applying for financial aid?
  • Will you be pursuing a master's or doctorate program (such as MA, MBA, MD, JD, PhD ?, Ed.D., etc.?
  • Are you married or separated, but not divorced?
  • Do you have children who receive more than half of the support on your part?
  • Do you have dependents (other than your children or spouse) who live with you and who will receive more than half of your support from you?
  • At some point, since she was 13 years old, were both parents deceased, under foster care, dependent or under the tutelage of the courts?
  • Are you an emancipated minor or are you under legal guardianship as determined by a court?
  • You are an unaccompanied minor without a home or with your own resources and are at risk of becoming homeless.
  • Do you currently provide active service in the US armed forces for non-training purposes?
  • Are you a veteran of the US armed forces?
LEVELINDEPENDENT STUDENTS
Approved credits Subsidized Not Subsidized
1 level (from 0 to 35 credits) $ 3,500 $ 6,000
2 level (from 36 to 71 credits) $ 4,500 $ 6,000
3 level (from 72 to 113 credits) $ 5,500 $ 7,000
Graduated Level (113 onwards) $0 $ 20,500

LEVELDEPENDENT STUDENTS
Approved credits Subsidized Not Subsidized
1 level (from 0 to 35 credits) $ 3,500 $ 2,000
2 level (from 36 to 71 credits) $ 4,500 $ 2,000
3 level (from 72 to 113 credits) $ 5,500 $ 2,000

Total Limits on Federal Loans
Students (undergraduate) Dependents $ 31,000 (Subsidized Max US $ 23,000)
Independent students (undergraduate) $ 57,500 (Subsidized Max US $ 23,000)
Professional Students and Graduate Level $ 138,500 (Subsidized Max US $ 65,500)

Notes:

  1. The granting of Federal aid, that is, Federal Loans, is annual, one academic year is equal to three quarters.
  2. Any student who enters the Federal Loan Program will be charged as a foreigner, regardless of having Dominican nationality.
  3. The United States Department of Education offers different types of Financial Assistance, but in countries outside the American territory only Federal Loans offer such assistance.
  4. Students enrolled in Bachelor's degree programs or equivalent may only reach the 3 level. At these levels No. apply the PLUS Loans.

Documents to deposit in the Financial Assistance Unit:

  • Color copy of the student's passport.
  • Color copy of social security card.
  • Others (as required).

Documents to deposit in the Admissions Unit:

Foreign students who apply to the medical career and foreign students transferred:

  • Copy of the vaccination scheme up to date (for students applying to the medical career).
  • Copy of the certification showing that you approved the Medical College Admission Test (MCAT) (Requirement for all students who will apply to medical school under the Federal Loan program).
  • Two photos of front size 2 x 2 inches.
  • Original birth certificate apostilled / legalized Dominican Consulate and Chancellery in the Dominican Republic.
  • Medical certificate.
  • Photocopy passport.
  • Record of notes secondary studies apostilled / legalized Dominican Consulate and Chancellery in the Dominican Republic.
  • Photocopy title secondary studies apostilled / legalized Dominican Consulate and Chancellery in the Dominican Republic.
  • Certificate of validation of secondary studies in the Ministry of Education in the Dominican Republic.

Any additional information you need please contact us at the phone numbers and / or addresses listed below.

Contact

  • Telephone: 809-567-9271 ext. 334
  • E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it.