There are many federal aid programs to offer you assistance in paying for your college education.
The Federal Pell Grant Program provides grants to undergraduate students who have financial need and meet the other general eligibility requirements for student financial assistance. Credit balances are paid at the end of the first nine weeks each semester (fall, spring). Pell Grants are awarded during the summer to students
who meet the above requirements. For details about summer Pell Grants, contact the Financial Aid Office.
To Apply for a Pell Grant
Complete the Free Application for Federal Student Aid (FAFSA) on the internet at www.fafsa.ed.gov. The paper forms are only available from the Department of Education. Students may obtain up to 3 paper copies by calling 1-800-433-3243. Financial aid personnel will gladly help with any questions about completing the application. The student should list all schools that he wants to receive the information.
Within two weeks after completing the FAFSA online, or four weeks if completed by paper, the school will receive the results electronically and the student will receive a Student Aid Report Information Acknowledgment (SAR). If the student did not list MCC on the original application, the student should add MCC’s school code online to their FAFSA as soon as possible.
If a student qualifies to receive a Pell Grant and has submitted all necessary documentation, an account is established so that he/she may charge tuition and fees in the Business Office.
Your financial aid will become active in the Bookstore approximately three days prior to class start date. Students receiving financial aid should direct questions or problems to the Financial Aid Office. You will need your student ID and a copy of your class schedule to use your financial aid and to purchase textbooks in the bookstore.
Federal Supplemental Education Opportunity Grant
The FSEOG is a “need based” grant awarded to undergraduate students. Priority is given to students who receive Federal Pell Grants. These awards are made on the availability of funds and the amount varies.
The Federal Work-Study Program provides on and off-campus employment opportunities for eligible students.
To be considered for a Federal Work-Study job, the student must have applied for a Pell Grant, submitted a College Work-Study Job Application and have unmet financial need as determined by the Federal Needs Analysis Methodology.
Plus LoansThe Direct Parent Loan for Undergraduate Students (PLUS) Program is designed for parents to borrow money to pay education expenses for a dependent child who is enrolled in college. The student must be enrolled in at least six semester hours and making
Direct Student LoansOn March 30, 2010, President Barack Obama signed the Heath Care and Education Reconciliation Act of 2010, requiring all Federal Stafford, PLUS and Graduate PLUS loans previously processed as Federal Family Education Loans (FFEL), through private lenders, now be processed through the Federal Direct Student Loan Program effective no later than July 1, 2010.
- Subsidized Loan
- Unsubsidized Loan
- PLUS (parent) loan
- Complete the Free Application for Federal Student Aid (FAFSA),
- Enroll in at least six (6) semester credit hours (half-time) at MCC,
- Meet requirements of MCC’s Satisfactory Academic Progress Policy (SAPP)*, and
- Have a need as determined by the FAFSA and the Cost of Attendance minus other aid.
- Withdrawn from our school,
- Transferred to another school,
- Dropped to less than half-time, or
WIAFinancial Assistance is available for dislocated workers through the Workforce Investment Act of 1998. A dislocated worker is defined in three ways: A person who has been laid-off from his/her job for no fault of his/her own,usually through downsizing or plant closure;
- A person who is a displaced homemaker;
- A person who was financially supported by a dislocated worker.