Student Financial Aid
Students who have satisfactory academic records and are in need of aid may qualify for financial assistance. Although the primary responsibility for financing an education remains with students and families, McDowell Technical Community College participates in several programs designed to supplement individual and family contributions. Financial aid may consist of grants, scholarships, campus employment or any combination of these as determined by the policies of the Financial Aid Office.
Eligibility for Financial Aid
Eligibility requirements for receiving financial aid may change from year to year. Specific requirements are established by the U.S. Department of Education for federally funded aid programs. The North Carolina State Education Assistance Authority and the North Carolina Community College System determine eligibility for state funded programs. Any local and/or private scholarship sources determine the eligibility for awarding funds from their respective programs.
Students must be in a program leading to a degree, diploma, or eligible certificate (at least 16 semester hours in length) to be eligible for Federal financial aid. Therefore, students enrolled as Special Credit/Undecided are not eligible to receive Federal financial aid. In addition, any student in default of a student loan or owing a repayment of Pell Grant funds will not be awarded financial aid.
All students receiving financial aid must maintain satisfactory academic progress. At MTCC, students must meet the College’s minimum standards for academic progress and complete 67% of all credit hours attempted. Students that receive financial aid and subsequently withdraw from classes before the end of the semester may be required to repay a portion of Pell Grant, SEOG and ACG funds. Students falling below the minimum standard for academic progress and/or in ineligible status due to overpayment of Pell Grant funds or student loan default should contact the MTCC Financial Aid Office to determine how their eligibility may be regained.
More Financial Aid Info
