MCC :: Financial Aid - Frequently Asked Questions

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How do I apply for financial aid?: Complete the Free Application for Federal Student Aid (FAFSA) by submitting it online at www.fafsa.ed.gov.

When should I apply?: It is recommended you complete your FAFSA as soon as your federal income tax forms (and your spouse or parents) tax forms are completed. If this is not possible, you should apply at least 6 weeks before the start of the semester you will begin attending college.
Free Application for Federal Student Aid (FAFSA)

What is MCC's school code?: Mott Community College's Title IV school code is 002261.

Do I have to be admitted to MCC to apply for financial aid?: No. However, you cannot be awarded financial aid until you have completed the admission process.

How will I get my award(s)?: You will receive an award notification from the college once your award eligibility has been determined. Student loan recipients will be notified by postcard once their loan has been processed. Scholarship recipients will typically be notified by letter depending on the scholarship source.

What happens to excess money from my awards?: Depending on the type of award, you may be eligible to receive money in excess of tuition and book purchases. Typically, excess monies are released after the refund period for the semester has ended and attendance verified, which is typically six weeks into the semester.

What happens if I drop classes?: If you drop prior to the end of the semester refund period (see semester schedule for dates), it will not affect your aid eligibility. Your aid may be adjusted to actual credit hours of enrollment, depending on the aid source.
If you drop after the refund period, it could affect your aid eligibility. Your aid may be adjusted or you may have charges incurred.
Any drop after the refund period could affect future loan consideration since your academic history is reviewed.
Note: Second 8-week or Fall2/Winter2 drops may result in aid recalculation and you may owe.

If you are withdrawing from all your classes, you are encouraged to see Counseling and Advising.
Check with Student Financial Services to determine if any drop will affect your future financial aid eligibility.

What does verification mean?: Verification is the process whereby a student must document information reported on their FAFSA to Student Financial Services. The Federal Processor randomly selects 30% of all applications for the verification process. However, Student Financial Services may request verification on any student applicant, at its discretion.

Do I have to include parental information?: Dependent students must include parental information (including their signature) on the FAFSA application. Dependency status is determined by Step 3 on the FAFSA application. If you answer 'No' to all questions in Step 3, then you will need to include your parents information (including their signature) on your FAFSA application. If you answer ‘Yes’ to any one of the questions in Step 3, you are considered an independent student . No parent information is needed on independent students FAFSA applications

How do I get the best Financial Aid Package?: File Early!!! Extra grant dollars are available for early filers. Filing early may also qualify you for state-based scholarships. We strongly recommend that you file your FAFSA online at www.fafsa.ed.gov To obtain a PIN number for an electronic signature for both parents and students go to www.pin.ed.gov. Filing online reduces processing time from approximately 6 weeks to less than 10 days.

How do I apply for MCC scholarships?: Complete and submit an online application by following the steps under "Scholarship Application" on our Scholarships webpage.

How do I use my work study award and get a job on campus?: After you have been awarded work study, contact the Student Employment Center, in the Prahl College Center, Lower Level on the main campus, to complete student employment orientation and necessary paperwork. Referrals for job openings will be given after the employment process is complete.

Will Fresh Start change my financial aid eligibility?: No, Fresh Start is not recognized for financial aid purposes, including student loan consideration.

Date Modified:
October 24, 2008

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