Student Financial Services

Don't let the fear of Financial Aid keep you from reaching your goals. Help is just an application away.

Student Financial Services

Student Financial Services

Don't let the fear of Financial Aid keep you from reaching your goals! We provide outstanding customer service and will assist you (and your parents, if appropriate) with the required paperwork. You will have a personal consultation with the Financial Services Department to begin the financial aid process by completing a FAFSA (Free Application for Federal Student Aid). This form is used by the Department of Education to calculate various educational expenses and to determine what responsibility you/your family may have.

To apply for Federal Student Aid online, click on the following link and you will be directed to the FAFSA website: Visit the FAFSA website
This will take you to a registration page where you will need to set up a user name and password, establish a PIN, and then fill out the online application for a Free Application for Federal Student Aid (FAFSA). Complete the form and when you visit our financial aid office, we can open it online and complete the online student interview process. Please call our Financial Aid office at (563)386-3570 ext. 1005 for additional questions.

NOTE: Please write down your FAFSA user name, your FAFSA password, and your FAFSA PIN Number and bring it with you when you meet with our financial aid department. This will greatly speed up the process during your visit.

Once the FAFSA has been processed, we can work toward developing financial plans for your education. You will be made aware of your Financial Aid Package within one week of completing your FAFSA. Your Financial Aid Package will inform you of the financial aid you have available and whether all of your expenses are met. If the financial aid available does not cover all expenses, you/your family may be expected to contribute financially toward your education. Self-help may include, but is not limited to: cash or credit card payments, part-time job earnings, assistance from outside agencies or other family members.

If you intend to use Financial Aid you are required to complete a FAFSA. Failure to submit the necessary paperwork may result in a request for full payment tuition. If you DO NOT intend to use Financial Aid you are not required to complete a FAFSA. You are only required to contact our Financial Services Department to discuss payment options.

Financial Assistance

Financial Aid is available to those who qualify.
To help students pay for their education after high school, the United States Department of Education offers three major financial aid programs. Hamilton Tech is eligible to participate in the following programs:

  1. Pell Grant Program
  2. Federal Direct Student Loan Program
    1. Federal Direct Subsidized Loan
    2. Federal Direct Unsubsidized Loan
    3. Federal Direct PLUS Loans for Parents
  3. Veterans' Educational Benefits

In general, students are eligible for aid if they:
  1. are enrolled at least half time as regular students in an eligible program;
  2. are U.S. citizens or eligible non-citizens (i.e. permanent residents)
  3. show that they meet the need requirements specified;
  4. make satisfactory academic progress toward completing their course of study;
  5. are not in default on a PERKINS (NDSL), STAFFORD (GSL), SLS or PLUS loan;
  6. do not owe a refund on a Pell Grant or SEOG;
  7. have filed a signed Statement of Educational Purpose/Registration Compliance with the college, as required by law of both males and females

Pell Grants

Pell Grants provide money to help undergraduates (who have not earned a Bachelor’s Degree) pay for their education after high school. The Pell Grant Program is the largest of the federal Student Aid Programs. Unlike loans, grants do not have to be paid back. For many students, these grants provide a “foundation” of financial aid, to which aid from other federal and nonfederal sources may be added. The government requires any student applying for any type of financial aid program to apply for Pell Grants. Forms for application for Pell Grants are available at Hamilton Tech.

Federal Direct Subsidized Loan Program

Federal Direct Subsidized Loan Program Under the Federal Direct Stafford Loan program, students can apply for a loan to help pay the cost of their tuition, books, supplies, fees and living expenses. Such loans are available through the Department of Education. Students who use the loan program qualify for a “no-interest” provision while they are in school and for the first six months after graduation. This loan must be repaid.

The amount of money a student may borrow will depend on the results of the needs test, but may not exceed $3,500 per academic year (two semesters) for the first year of undergraduate study; $4,500 per academic year for the second year of undergraduate study; $5,500 for the 3rd and 4th year for students enrolled in an associate or bachelor’s program. Students begin repaying the loan 6 months after they graduate or discontinue their studies. The minimum monthly payment is usually $50. Repayment of these loans is usually completed in 10 years or less. When a student leaves school, the Department of Education contacts the student to establish a repayment schedule.

Students are required to notify the Financial Services Office and the Department of Education of any change in local or permanent address. More information is available from the Financial Services Office.

Federal Direct Unsubsidized Loan Program

A dependent undergraduate student may borrow up to a maximum of $2,000 per academic year under this loan program. Independent borrowers may take up to a maximum of $6,000 for the 1st and 2nd academic years. Independent borrowers who have successfully completed 1st and 2nd academic years may take up to a maximum of $7,000 for 3rd academic year and beyond in undergraduate status. These loans must be repaid. Students begin paying interest on Unsubsidized loans while attending school and are required to enter repayment on the principal balance of these loans six months after leaving school. More information is available from the Financial Services office.

Federal Direct PLUS Loans (PLUS) Program

Parents of dependent students (dependent by federal definition) may borrow under a federal student aid program called Federal Direct PLUS Loan Program (Federal Parent Loans to Undergraduate Students). This loan may not exceed the student’s estimated cost of attendance minus any estimated financial assistance the student has been or will be awarded during the period of enrollment. The current interest rate for this program is variable, not to exceed 9 percent. Parent borrowers begin repayment within 30 days after the loan is issued. More information is available from the Financial Services Office.

Veterans' Educational Benefits

If you are a veteran and will be using a benefit from the Veterans' Administration, you need to notify the Financial Services Department. In general, your VA application (regardless of benefit type) should be submitted by you electronically. You may submit your application before classes begin, but the school will not certify you before classes begin. The school will need a copy of your DD214 along with your acceptance letter (or certificate of eligibility) in order to certify you and initiate payment from the VA.

Student Responsibilities

Students receiving financial aid in the form of grants will be responsible for repaying any monies given to them that become unearned due to termination of training.

Students receiving financial aid in the form of Federal Direct Student Loans are responsible to start paying back the loans six months after termination or graduation.

Verification of Financial Aid Information

The federal government will require some federal student aid applicants to prove that what they have reported on their application is correct. Hamilton Tech requires financial aid applicants to submit the required documentation to verify their information before awarded aid is disbursed to them. As part of this process, students and their parents are required to submit a copy of their prior year’s Federal Income Tax Return. Other documents may also be required. If the information or any of the documents conflict with what was reported on the application, students may be required to provide additional information. Failure to provide the required documentation may result in the loss or non-receipt of aid awarded.

Payment of Tuition

If a student has a balance with Hamilton Tech, after meeting with Student Financial Services, he/she will need to schedule tuition payments with the Financial Services Office at 1011 E. 53rd Street, Davenport, Iowa 52807, phone (563) 386-3570. Once these tuition payments have been arranged, the student is expected to make payments on time. If the student does not comply with tuition payment arrangements and requirements, he/she may be terminated.

Terms for Tuition Payment


The law specifies how Hamilton Technical College, Ltd., determines the amount of Title IV program assistance that a student earns if he/she withdraws from school. When a student withdraws during his/her period of enrollment, the amount of Title IV program assistance that has been earned up to that point is determined by a specific formula, on a pro rata basis. For example, if a student completed 25% of his/her period of enrollment, he/she would earn 25% of the assistance originally scheduled. Once more than 60% of the period of enrollment is completed, all the assistance that a student was scheduled to receive is earned for that period. It is possible that a student may have a balance remaining with the school after Title IV funds have been returned to the U.S. Department of Education in accordance with federal law. Students should note that they are responsible for any remaining tuition balance left with the school after the return of Title IV Funds. Students may find additional information relating to the return of Title IV Funds by contacting the Federal Student Aid Information Center at 1-800-433-2143. TTY users may call 1-800-730-8913. Additional information is also available on the web at

Termination of Training

A student wishing to terminate his/her training by cancellation or withdrawal must notify Hamilton Technical College, Ltd., in in one of the following manners:

  • In writing to Hamilton Technical College, Ltd., 1011 East 53rd Street, Davenport, Iowa 52807,
  • Calling the school office,
  • Meeting in person with the school office.
  • Sending an email to the school office (

Students who withdraw with tuition or other fees due the school are requested to make arrangements for payment at the time of withdrawal. The school will attempt to collect any unpaid tuition balance for a period of six (6) months after the student’s last day of attendance or last involvement in an academic activity at Hamilton Technical College,Ltd. At that time the unpaid account may be submitted to a commercial collection agency.

Termination of Student’s Training by School

Grounds for termination of student include: Failing grades, tuition or fee payment delinquencies, or failure to comply with school rules, as described in the Academic Catalog. A student who does not attend classes for a period of fourteen (14) consecutive calendar days is withdrawn except in cases of Military training and jury duty. These exceptions must be communicated to the college before 14 calendar days or the termination will result.

Whether a student terminates his/her enrollment or is terminated by the college, the student’s withdrawal date or LDA (Last Date of Attendance) is determined by reviewing the attendance records of the current term that the student was attending (Date of Determination).

Student Financial Aid Refunds

If financial aid is received and a student withdraws from school, the school will calculate the amount of financial aid assistance not earned and those funds will be returned to the proper agency or student. The following guidelines will be used to determine the amount of aid that needs to be returned.

Consultation with the Student Financial Services is advised as soon as convenient.

Title IV Tuition Refunds

If a student is receiving Title IV Financial Assistance and withdraws or is withdrawn from Hamilton Technical College, Ltd, the following refund policy will apply:

  1. Tuition Charges and Refund Policy
  2. Full refund of all monies will be made in the case of cancellation of the course by the school.
  3. Visitation and Facility Tour: Students who have not visited the school facility prior to enrollment will have the opportunity to withdraw without penalty within three days following either attendance at a regularly scheduled orientation or following a tour of the school facilities and inspection of equipment.
  4. Cancellation: A student canceling his/her enrollment before starting classes will be refunded all monies paid the school.
  5. Special Cases: In case of prolonged illness or accident, death in the family, or other circumstances which make it impractical to complete the course, the school shall make a settlement which is reasonable and fair to both parties.
  6. After Starting Classes:

Add/Drop Period

The Add/Drop period is the time at the beginning of a semester, when you may drop or add without penalty. The Drop period is the first week of the semester (first 5 class days). The determination of attendance will be made prior to the disbursement of financial aid funds. Hamilton Technical College, Ltd. reserves the right to cancel a student’s enrollment for nonattendance within the first week (first 5 class days) of the semester. Students can appeal their cancellation in writing to the Dean of Students within 5 days of the cancellation. The Add/Drop period may be adjusted when a holiday, inclement weather, or other unforeseen events occur within the first 5 class days of the semester.

If the student withdraws or is withdrawn from Hamilton Technical College, Ltd., the following refund policy may apply:

Hamilton Technical College, Ltd., shall calculate a terminating student's tuition refund based upon the ratio of the remaining (incomplete) number of calendar days in the term/semester to the total calendar days of the term/semester times 90 percent.

  1. Refunds shall be provided within 45 days following the date that Hamilton Technical College, Ltd., determines that the student withdrew.
  2. If a student withdraws from a semester he/she shall not be charged any fee or other monetary penalty for a semester other than a reduction in the tuition refund as specified in this section.

All students receiving Title IV funds are subject to regulations set forth in 34 CFR 668.22, Return of Title IV funds. The provisions of 34 CFR 668.22 will be made available upon request.

All tuition refunds will be made within 45 days from the date of determination of the student’s withdrawal from school. In the case of a Leave of Absence (pages 60-61), a student who does not return to school, the refund will be made within 45 days from the date of determination.

Return of Title IV Funds Form

Hamilton Technical College, Ltd. uses a form to calculate Title IV Refunds. Hamilton Technical College, Ltd uses the form to make its determination of Title IV funds that have been earned and students can use the form which is available on our website: as a way to estimate the amount of Title IV a student has earned and the amount that needs to be returned. A button for this form is available at the bottom of this section.

Information Concerning Students Who Are Called To Military Service

Due to recent military activation, it is possible that some students in the National Guard and Reserves will be called to active duty.

This policy applies to:

1. Students who are called to active state or federal duty or,

2. A student who is the spouse of a member of the National Guard or US Armed Forces Reserve if the student and his/her spouse have a dependent child.

Hamilton Technical College recognizes and appreciates the important contributions made in service of our country by these men and women. In support of these students, Hamilton Technical College has developed the following options:

1. Withdraw the entire registration and 100% of the tuition and mandatory fees would be refunded.

2. If arrangements are made with the student’s instructor and Dean of Students for grades or incompletes (to be made up later) his/her status would remain “active” and tuition and mandatory fees would be assessed in full.

The option a student chooses obviously depends on the point in the session when the student is called to active duty. Financial aid is refunded in accordance with existing College and Federal policies for each of the above situations. Inquiries should be directed to Student Financial Services. These procedures do not apply to reservists who are fulfilling their annual two-week active duty.

In addition to the above-mentioned policy, there are implications related to any financial aid a student may have through the various federal programs. The rules on these are not necessarily within the control of this institution. Consultation with Student Financial Services is advised as soon as convenient.

Financial Aid and Satisfactory Academic Progress

Students must meet the standards of the satisfactory academic progress policy in order to remain enrolled. Additionally, these standards of satisfactory academic progress must be maintained in order to remain eligible for federal financial assistance. Satisfactory academic progress is determined by measuring the student’s cumulative grade point average (CGPA) and the rate of progress toward completion of the academic program. Students must meet the standards of both components (CGPA and completion rate) to remain eligible. These policies are outlined in the Academic Policies & Procedures section of the Academic Catalog. Click Here for Academic Catalog

For more information about our graduation rates, the median debt of students who completed the program and other important information, please click here.

Hamilton Tech complies with the Cleary (Campus Security) Act and publishes its Crime Awareness and Campus Security report on its Consumer Information page on this website. Note that Hamilton Tech does not report on completion or graduation rates for student athletics, as Hamilton Tech neither offers athletics nor has an athletic department. Additionally, sexual harassment will not be tolerated. Harassment can include “sexual harassment” or unwelcome sexual advances, requests for sexual favors, and other verbal or physical harassment of a sexual nature, including rape.

Hamilton Tech complies with the Title IX, VAWA/Campus SaVE Act.

To complete the Return of Title IV Worksheet, please click on the link below.