*** June 1 deadline for the new Arkansas Challenge Lottery Scholarship Click the link below: ***
Financial Aid
Various types of financial aid are available to students who need assistance to continue their education. A student's financial aid package is based on their demonstrated financial need as determined by the U.S. Office of Education's Uniform Methodology for federal student aid programs. These guidelines are used to provide a standardized, objective analysis of a student's financial need.
Some aid programs are administered under the policies and guidelines established by the state and federal governments; other programs are administered directly by a state or federal agency, the College, or by outside organizations.
Financial assistance consists of grants, scholarships, and loans, which may be offered to
students singularly or in various combinations. Financial assistance from OTC and other
sources is viewed only as supplementary to the efforts of the student and/or student's family.
Information about the Master Promissory Note (MPN)
After the school certifies your loan request to the lender, you must fill out a master promissory note (MPN) to receive the loan. You will be notified by mail when your loan request is complete and ready for you to go to the website and sign the note. Go to the following link to sign your MPN. Use this link ONLY after the loan has been approved by the Financial Aid Office. https://dlenote.ed.gov/empn/index.jsp To fill out the MPN, you will use your federal student aid pin number and password.