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Yes, every academic year you must reapply for financial aid. This includes filling out the FAFSA and turning in any additional documentation being requested. The FAFSA becomes available October 1 of each year.
The Department of Education will send you an email once it has processed your FAFSA. When MCCC receives and processes your FAFSA, you will receive an email. It is also important to check Self Service.
Dependency status is determined by a series of questions on the FAFSA. You have to be able to answer “yes” to at least one of these questions: Are you 24 years or older? Married? Have children/dependents for whom you provide more than 50% of their support?
If you believe you have an extenuating circumstance, please contact the Financial Aid Office after your FAFSA has been completed and we can go over your options.
Yes, the Financial Aid Office can review your situation to determine if your situation will change. Please contact our office to discuss the situation. If it is determined that it will change your situation, there will be a Special Circumstance Form that you will need to complete, along with submitting supporting documentation. You will be required to submit documentation for at least six months of income.
A subsidized loan is a need-based loan that is interest free while the student is enrolled in school at least half-time. An unsubsidized loan begins accruing interest the day it is disbursed to the school. Payments on student loans are deferred while the student is continuously enrolled at least six or more credits.
If you have funds remaining after paying tuition and fees, yes, you can purchase books with your financial aid beginning the first of the month that the semester begins.
- Fall: August 1
- Winter: December 1
- Summer: April 1
This can occur for several reasons. If there is not a comment next to the award explaining why it is ineligible (Example: Student is not enrolled in 6 credits required for program of study.), it could also be due to timing. If it is prior to the start of the semester, certain types of aid will show anticipated or ineligible until after attendance is confirmed and we start disbursing actual funds. If you click on the blue calculator icon, it will show you what the balance will be with the award deducted.