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Standards of Satisfactory Progress for Financial Aid Recipients The Higher Educational Amendments of 1980 require Monroe County Community College to define and monitor standards of satisfactory progress for all students receiving Title IV student financial aid funding. Maintaining EligibilitySatisfactory progress may be evaluated on a semester basis. To be eligible for renewal of financial aid, students must complete satisfactorily 70 percent of the credit hours on which their award was based by the end of each semester and maintain a cumulative 2.0 grade point average. Refund PolicyNo refunds will be made to students receiving assistance through the MCCC Financial Aid Office, Michigan Bureau of Rehabilitation, Michigan Office of Services for the Blind, or Michigan Veterans Trust Fund until the amount of the financial assistance is recovered. Students will be responsible for any tuition or book charges incurred by dropping credit hours. All students who wish to withdraw must follow MCCC official withdrawal policy. If you officially withdraw or stop attending all your classes, you may be required to repay all or part of the financial aid disbursed to you in the term you withdraw. Beginning October 7, 2000, students receiving federal funds may be required to repay aid determined to be "unearned." The earned/unearned calculation is based on the percentage of days you attended during the term in which you withdrew. The amount of aid you have earned is determined on a pro-rata basis. That is, if you completed 30 percent of the term in which you withdrew, you earn 30 percent of the federal aid you received. Once you have completed 60 percent of the term, you are considered to have earned all of your aid for that semester. The difference between your earned federal aid and 100 percent equals the percent of unearned federal funds that are subject to repayment. Federal regulations require Title IV aid to be refunded in the following order; Federal Unsubsidized Stafford Loan, Federal Stafford Loan, Federal PLUS Loan, Federal Pell Grant, and Federal Supplemental Education Opportunity Grant. Financial Aid Policy on Satisfactory Academic ProgressStudents must make satisfactory progress toward completion of their certificate/degrees at MCCC to be eligible to receive aid from the following programs: Pell Grant, Family Federal Education Loans, Supplemental Educational Opportunity Grant, Michigan Educational Opportunity Grant, Federal College Work Study, Michigan Work Study, Michigan Competitive Scholarship Program, and endowed need based scholarships. Grade point average (GPA) per semester, cumulative credits earned, and a maximum time frame are all elements that determine satisfactory academic progress. Requirements vary depending upon class level and attendance status as outlined below:
Federal aid recipients may not owe a refund
from any federal grant or loan or be in default on any federal loan to
receive financial aid at MCCC. Repeated courses will count toward determination
of enrollment status. However, for purposes of financial aid satisfactory
progress, only credits adding to the cumulative credits earned will be
acceptable toward the required minimum number of credits per semester.
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© Monroe County Community College • Affirmative Action (EOE) Statement Main Campus • 1555 S. Raisinville Rd. • Monroe, MI 48161 • (734) 242-7300 Whitman Center • 7777 Lewis Avenue • Temperance, MI 48182 • (734) 847-0559 For more Information Contact Us |
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