Apply Now
I AM A ...
New StudentCurrent StudentEmployeeCommunity Member
Academics
Find Your PathPrograms & CoursesContinuing EducationCareer & College PromiseCollege & Career ReadinessCareer PathwaysSmall Business Center
Admissions & Aid
How to ApplySubmitting TranscriptsRequesting TranscriptsNew Student OrientationPaying For CollegeFinancial AidScholarshipsTuition & FeesMilitary & Veterans
About MCC
About UsAccreditationBoard of TrusteesCampus SafetyConsumer InformationEmployee DirectoryFoundationHuman ResourcesInstitutional EffectivenessMap & Directions
Resources
Resource OverviewAccount HelpAcademic CalendarCon Ed RegistrationCourse CatalogCourse SchedulesDisability ServicesEmail Access / O365LibraryMCC Campus Store / BibliUMoodlePassword PortalSelf-ServiceStudent FormsStudent LifeSupport Resources
Donate
View a previous catalog year

Financial Aid Overview

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:

  • Department of Veterans Affairs (DVA)

  • Workforce Investment Act (WIA)

  • Division of Vocational Rehabilitation

  • Department of Social Services

  • Employment Security Commission (Job Service)

The financial aid program at Martin Community College was established to ensure that qualified students have the opportunity to continue their education. Financial aid is awarded largely on the basis of need, which is defined as 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 (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 and/or a nonprofit agency. Financial Aid awards are mailed to the address on record in the Registrar’s Office. It is the responsibility of the student to keep his or her information current.

Students who qualify for financial aid must be enrolled in a curriculum program and must meet all academic requirements which includes making satisfactory academic progress as defined by the Satisfactory Academic Progress Policy for Financial Aid.

Students wishing to either double major or change their major should see the Financial Aid Director to ensure continuation of their Financial Aid funding.

Types of Financial Aid

  • 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 Student Aid Index (SAI) for each student using a standard formula. The College uses the student’s SAI 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 Federal Supplemental Educational Opportunity Grant (FSEOG) is a federally-funded program that provides grants for students of exceptional financial need with priority given to Pell Grant recipients.

  • Next NC Scholarship: The Next NC Scholarship is a financial aid program that helps most North Carolinians from households making $80,000 or less pursue a higher education, by fully covering tuition and fees at any community college. Students must complete the Free Application for Federal Student Aid (FAFSA) to be considered for this grant. Students with the greatest need for financial aid could qualify for even more funding to help make paying for college more manageable. For more information and to review eligibility criteria, visit nextscholarship.org.

  • 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/week, earn minimum wage, and are paid on a monthly basis.

  • Less Than Half Time/Targeted Assistance Grant: Very limited funds are received from the State of North Carolina for this grant. Rules of eligibility are determined by the State Board. For Less Than Half Time Grant, students must be attending less than 6 credit hours and have an EFC between 801 and 4000. The maximum award is $30 per credit hour for a total of $150. For the Targeted Assistance Grant, students must be in a high demand/low enrollment program.

  • Child Care Grant: Child Care Grant is funded by the State of North Carolina to assist currently enrolled students with day care expenses. Funds are paid directly to day care providers. Preference is given to students who are enrolled full-time (12+ credit hours).

  • Scholarships: Martin Community College has a limited number of institutional scholarships which are generally awarded to students with exceptional academic averages. In selecting recipients, the MCC Financial Aid Office reviews all applications and presents award candidates to the Scholarship Committee based on the student’s academic record, financial need, and other requirements as described for the individual scholarships. The Scholarship Committee makes the final decision on scholarship awards. Scholarship applications and information are available online or in the Financial Aid office. For a current list of scholarships, contact the Office of Institutional Advancement.