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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 enrolled in a program leading to a degree, diploma or eligible certificate (at least 16 credit hours in length) to be eligible for federal financial aid. Therefore, students enrolled as Special Credit or Undecided are not eligible to receive federal financial aid. In addition, any student in default on 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 complete 67% of all credit hours attempted and maintain an overall grade point average of 2.0. 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 and SEOG. If a student falls below the minimum standard for academic progress, is in default on a student loan or owes an overpayment of financial aid funds may contact the MTCC Financial Aid Office to determine how their eligibility may be regained.

 

 

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