Changes to Your Schedule:
Dropping or Adding Courses
The initial financial aid award letter for students is prepared based on anticipated full-time enrollment for the fall and winter semesters. If a student’s enrollment is less than full-time, the financial aid awards will be adjusted accordingly.
Pell Grant Adjustments (Fall and Winter)
Each semester, MCCC sets a day after which Pell Grants will not be recalculated for enrollment status changes. For the fall and winter semesters, this date is the last day of the 100% tuition refund period. This means that Pell Grant payments will be based on the number of credit hours for which a student is enrolled as of the end of the 100% tuition refund period for the semester.
- Dropping or Adding Classes Before and During the 100% Tuition Refund Period: If a student drops or adds any classes before or during the 100% tuition refund period, the Pell Grant will be recalculated and adjusted accordingly due to the change in the student’s enrollment.
- Dropping or Adding Classes After the 100% Tuition Refund Period: If a student drops or adds a class after the end of the 100% tuition refund period, the student’s Pell Grant will not be adjusted due to the change in the student’s enrollment. The exception to this would be if a student drops all classes, in which case the Pell Grant must be recalculated based on the number of days the student attended for the semester.
Stafford Loan Adjustments (Fall and Winter)
For Stafford loans, if a student is enrolled less than full-time, the student’s Stafford loan may be decreased from what was on the initial award letter, because a student’s costs for part-time enrollment are less than for full-time enrollment. The Financial Aid Office will review a student’s enrollment status at the end of the 100% tuition refund period and make any adjusts to loan amounts prior to the disbursement of the funds.
For Stafford loans, the student must be enrolled at least half-time (a minimum of six credit hours) for the semester. The Financial Aid Office checks the student’s enrollment status at the time of the loan disbursement. (Note: Classes added after the 100% tuition refund period will count toward the enrollment requirement for Stafford loans.)
If a student drops below half-time enrollment at any point during the semester, the student becomes ineligible for any additional Stafford loan disbursements for that semester while at a less-than-half-time enrollment status. (Note: The student is eligible to keep any Stafford loan funds that had been disbursed earlier in the semester while the student was enrolled half-time. The exception to this would be if the student drops all classes, in which case the Stafford loan must be recalculated based on the number of days the student attended for the semester.)
Students who receive financial aid should contact the Financial Aid Office prior to dropping or adding classes to confirm how an enrollment change will impact the financial aid package.
Students who have questions about enrollment adjustments for the Spring and Summer semesters should contact the Financial Aid Office for additional information.