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Financial Aid |
| Applying for Financial Aid | |||||
| Financial Aid Information | |||||
| Financial Aid Grants & Loans | |||||
| MCC Scholarships | |||||
| NC Scholarships | |||||
| Student Rights and Responsibilities | |||||
| Tuition and Fees | |||||
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Students wishing to apply for
federal and state 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 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. Once the FAFSA is submitted, the college will
receive a copy of the student's Student Aid Report (SAR). 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 (COA) and students expected family contribution (EFC). A students EFC is based upon the information submitted on the FAFSA and 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. For more information on the types of aid see Types of Financial Aid below |
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Federal Pell Grants are 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. For more information click here. Federal Supplemental Educational Opportunity Grant (SEOG) is a federally-funded program which provides grants for students of exceptional financial need, with priority given to Pell Grant recipients. For more information click here.
Academic Competitiveness Grant is an additional grant to full-time
students who are eligible for a Federal Pell Grant and who had successfully
completed a rigorous high school program, as determined by the state or
local education agency and recognized by the Secretary of Education.
For more information MCC Scholarships are offered through the MCC Foundation and other organizations. Scholarships are need based and or competitive. Students must submit a FAFSA and a scholarship application by June 1 to be eligible for consideration. For more information click here. North Carolina Child Care Grant - Childcare funds serve single parent or married students with demonstrated need for childcare. To be eligible for childcare funds, students must be enrolled full or part-time, making satisfactory academic progress, and have applied for financial aid for the current school year at MCC. Funds are only available during the fall and spring semesters. Students must submit a Child Care Grant Application to the college counselor in Building 1, Room 22A. North Carolina Community College Grant is available to North Carolina residents who demonstrate financial need and are enrolled at North Carolina community colleges. Students must submit a FAFSA by March 15 to be considered for this grant. For more information click here. North
Carolina Education Lottery Scholarship (NCELS) was created by the 2005
General Assembly to provide financial assistance to needy North Carolina
resident students attending eligible colleges and universities located
within the state of North Carolina. For more information
click here. North Carolina Student Scholarships are need based and competitive scholarships that require a separate application. For more information click here. Short-term Loans - Under Martin Community College's loan program, students may borrow money to pay tuition or book expenses. Monies have been made available from the following sources for short-term loans for students: Martin County Chamber of Commerce, C. E. Biggs, Trustees/Friends, and Williamston Woman's Club. |
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