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Financial Aid Overview



Applying for Financial Aid

The financial aid program ensures that qualified students have 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. Need is determined by a formula established by the United States Congress.

To apply for financial aid, you must do so each year by completing a Free Application for Federal Student Aid (FAFSA). Complete the application as soon as possible. You should submit an application by May 1 to be eligible for the following academic year.

Approximately six to eight weeks after submitting the FAFSA, you will receive a document called a Student Aid Report (SAR). This document should be checked for accuracy, and any necessary changes should be corrected immediately. The MCC Financial Aid Office can make these changes electronically if MCC's school code is listed on the application. Other documentation may be required and will be requested from you as necessary. After all documentation has been submitted, the MCC Financial Aid Office will process your financial aid application, verify your academic eligibility, and send you an award letter indicating the financial aid awarded for the current academic year.

To talk to someone about financial aid at MCC, call the MCC Financial Aid Office at (252) 789-0245 or (252) 789-0204. The MCC Contact page has additional contact options.

Types of Assistance

Financial aid is awarded in the form of grants, scholarships, and work-study. Grants and scholarships are gifts that do not have to be repaid. Work-study is money that a student earns by working part-time for the College or a governmental or nonprofit agency. Students who are accepted in the work-study program work approximately 10 to 12 hours per week, earn minimum wage, and are paid on a monthly basis.

Short-Term Loans

Under MCC'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, Clarence E. Biggs (Emergency Loan Fund), Trustees/Friends, and the North Carolina Community College Loan Program.

Veteran Affairs Education Benefits

Martin Community College is proud to support Veteran Affairs (VA) education programs. Our School Certifying Official is available to provide you with information needed to make informed decisions concerning your well-earned educational benefits. The following information regards VA educational benefits: