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Financial Aid Information |
| Applying for Financial Aid | |||||
| Financial Aid | |||||
| MCC Scholarships | |||||
| MCC Scholarship Application | |||||
| Other Scholarships | |||||
| Types of Financial Aid | |||||
| Tuition and Fees | |||||
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Students wishing to apply for financial aid must do so each year by
completing a Free Application for Federal Student Aid (FAFSA). A FAFSA application is
available in the Financial Aid Office at MCC and online at
www.fafsa.ed.gov . Submitting
your FAFSA online is the quickest way to apply for financial aid. Students should submit an application as soon as possible each
year, preferably before March 15, for the following fall semester.
Students that apply before March 15 are eligible for North Carolina state
grants and scholarships. Other documentation may be required and will be requested from the
student as necessary. After all documentation has been submitted and all admission
requirements have been met, the Financial Aid Office will process the financial aid
application and send a notice to the student indicating the award amount for the academic
year. |
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Martin Community College attempts to assist students in meeting their financial needs to complete their educational goals. Coordination of all financial aid services is handled by the Student Services Division of the college, which also serves as a referral agency for the following:
The financial aid program at Martin Community College was established to ensure that qualified students are not denied the opportunity to continue their education. Financial aid is awarded largely on the basis of need, which is the difference between a student's annual cost of education and the amount the student and his or her family can reasonably contribute toward his or her education and is determined by a formula established by the U.S. congress. Financial aid is
awarded in the form of grants, scholarships, and part-time employment
(workstudy). Grants and
scholarships are gifts that do not have to be repaid. A loan is borrowed money that has to
be paid back over a period of time. Work-study is money that a student earns by working
part-time for the college. |
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Federal Pell Grant - The Federal Pell Grant program is designed to be the foundation of a financial aid package. The U. S. Department of Education calculates the expected family contribution for each student using a standard formula. The college uses the student's expected family contribution and his or her cost of attendance to make an annual award. All students are encouraged to apply for a Federal Pell Grant each year that they will be enrolled in college. Federal
Supplemental Educational Opportunity Grant - The
Supplemental Educational Opportunity Grant is a federally-funded program
which provides grants for students of exceptional financial need, with
priority given to Pell Grant recipients. A Federal Supplemental
Educational Opportunity Grant does not have to be paid back. North Carolina Student Incentive Grant - The North Carolina Student Incentive Grant is a state and federal grant program available to exceptionally needy students. It is administered jointly by the College Foundation, Inc. and the College Financial Aid Officer. Students must be North Carolina residents and must apply by March 15 of each year for the upcoming fall semester. Federal
Work-Study - The Federal Work-Study program provides part-time jobs
for students with financial need. It allows students to earn money to help
pay their educational expenses while enhancing their work experiences.
Students who are accepted in this program work approximately 10 - 12 hours
per week, earn minimum wage, and are paid on a monthly basis.
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| Martin Community College has a limited
number of institutional scholarships which are generally awarded to students
with exceptional academic averages. In selecting recipients, the Financial Aid
Officer reviews all applications and recommends award recipients to the
Financial Aid Committee based on the students academic record, financial need,
and other requirements as described for the individual scholarships. The
Financial Aid Committee makes the final decision on scholarship awards. |
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Endowments - The following endowments and/or scholarships have been set up for students attending MCC and are awarded as designated by an agreement: |
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A.B.
Ayers Scholarship Details on these endowments
and/or scholarships may be obtained in the Financial Aid Office. A copy of
the scholarship application in MS Word can be downloaded and printed below. |
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