College Financing Plan

The cost of attendance is a detailed breakdown of what it could cost you to attend Pine Technical & Community College for one academic year. You are largely in control of how much or how little you will need to spend on many of the items listed on the cost of attendance.  

How to estimate what it will actually cost YOU 

PTCC will only bill you for tuition and fees, not for books, supplies, housing, transportation and other educational costs. They are included in your cost of attendance and you have the option of borrowing enough financial aid to cover these expenses if you choose.  

Grants and scholarships do not need to be repaid. 

• Grants are awarded based on your financial need as determined by the FAFSA information and your SAI. 

• Scholarships at PTCC have separate applications to the FAFSA. For more information, check out our Scholarships page. 

Not all students will qualify for grants or scholarships. Institutional grants include the Federal Supplemental Educational Opportunity Grant (FSEOG). State grants include the Minnesota State Grant and North Star Promise Grant.    

At PTCC, some scholarships and grants might not be included in the calculation yet, as they are finalized after the add/drop deadline. These include, but are not limited to:

• Frandsen Scholarship
• Kickstart Scholarship
• Fostering Independence Grant
• Childcare Grant
• American Indian Scholars

If you believe you should have received a scholarship or grant that is not showing on your College Financing Plan, please reach out to financialaid@pine.edu and ask!

On the College Financing Plan, the net price is determined by taking all components of the cost of attendance (tuition, fees, housing, meals, books, supplies, and transportation) minus your total grants and scholarships.  

Important! To calculate what YOU will be responsible to pay the college, use your estimate for tuition and fees (add housing and meals if you are living on campus) and subtract any grant or scholarship funds you were awarded.  This is the amount of additional funding you will need to pay your bill. 

Loans are borrowed money that must be repaid with interest. Student loans are offered based on your year in college (freshman, sophomore, etc.). You can read more about how we determine your loan amounts here. 

Two Types of Federal Loans 

• Federal Direct Subsidized Loan-A loan offered by the US Department of Education. Accrued interest is covered by the Department of Education while you are enrolled in school at least half-time and during your 6-month grace period after you graduate or leave school. Interest will begin to accrue when your loan enters repayment.  

• Federal Direct Unsubsidized Loan-Also a loan from the US Department of Education. Interest on this loan accrues from the day it is disbursed until it is repaid. 

Work Study allows eligible students to apply for positions to earn money to help pay for costs related to school. Eligibility is based on your financial need and availability of funding. It is your responsibility to look at the jobs available on campus and apply for one with the supervisor to take advantage of the work study award. You can read more about student employment here. 

If you need additional funding to help pay for school, there are many options available to you. 

• Parents of dependent students can consider a Parent PLUS loan. 

• You can consider your options for private/alternative loans. 

• You can also enroll in a payment plan with the Business Office.