STEP 2 - We review your application:
| Important Dates: |
Note: Apply early and accurately! You must apply each school year for federal aid. If you apply for federal student aid after the priority dates, you are less likely to receive grants due to funding limitations (excludes Pell Grant) |
| Nov. 07, 2008
(first Friday) |
For Spring 2008 semester entrants only!
Priority date for completing your financial aid file by submitting all requested documentation to our office for Spring. |
The dates listed are guidelines for you to use when applying for financial aid and do not guarantee an award. Evaluation of eligibility continues throughout the year .
Reviewing Your Application:
Once we receive your financial aid data from the Department of Education (DOE) federal processor we will notify you if additional forms are required.
Click here to view forms
In order to process the financial aid application, you may be asked to submit other documentation such as:
- Federal Tax Returns - we will not accept hand written tax forms
- W-2 wages statements
- Citizenships information
- Social Security Number Verification
- Other income resource information
- Selective Service Registration
- Proof of Ability to Benefit - high school diploma, GED, or passing placement scores
After all required forms have been submitted, we will begin reviewing your application. As a general rule, allow 30 days for processing depending on the time of year. As the beginning of classes approaches, our volume increases, and it takes longer to process your file. errors or inconsistencies can also slow the process.
How is my financial need determined?
The federal processor considers all of the information that you provided on the FAFSA and applies their formula, called the Federal Methodology. This formula takes into account the income, assets, size of family, number in college, parents' age, and other expenses to determine your Expected Family Contribution (EFC). MCC will subtract the EFC from the Cost of Attendance to establish your financial need.
What if my family's financial circumstances change? How does that affect my financial aid award?
The financial aid application bases your eligibility on the previous year's tax information. If circumstances change, such as loss of income, loss of employment, divorce or death in the family, you may have your eligibility reevaluated. Contact our office for more information.
Types of Financial Aid You May Be Offered: CLICK HERE for more detailed info
- Free Aid you do not have to pay back:
- Pell Grant
- Supplemental Opportunity Grant (SEOG)
- Leveraging Educational Assistance Partnership (LEAP)
- Scholarships
- BIA/ Tribal Grant
- Federal Work Study (FWS) - Work up to 20 hours a week on campus and receive a pay check every two weeks for the hours you've worked
- Loans and Aid must be paid back after college:
- Federal Student Loans
- Subsidized Stafford loans
- Unsubsidized Stafford loans
- Perkins loans
- PLUS (Parent Loan for Undergraduate Students) loans - repayment may start 30 days after receipt of funds
You Receive Your Award Notification
Once we've completed the review of your application and are award, we will notify you by email (please make sure your e-mail address is current). The Award Notification email will have a link to access Your Electronic Award. The type of financial aid awarded to you depends on your level of need, your level of enrollment, and when you completed your application.
You Receive Your Funds
MCC advises you to come prepared to pay tuition and fees at the time you register for your classes or by the tuition payment date shown on your class schedule/ tuition invoice. If all your financial aid documents are received at least two weeks prior to the starting date of the semester, you may request a tuition deferment to hold you in your classes.
Tribal grant and scholarship recipients
You may request a tuition deferment only if we have received written notification confirming the award from the tribal agency or the scholarship donor.
Go to Step 3 > >
Contact us by email Phone: 480-461-7441 or FAX: 480-461-7815 |