Financial Aid » Financial Aid

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, student loans or any combination of these as determined by the policies of the Financial Aid Office.

School Code

McDowell Technical Community College School Code 008085

Pell Grant Recipients

Important Information for Pell Grant Recipients Beginning Fall Semester 2012 and thereafter: In December 2011, President Obama signed into law the Consolidated Appropriations Act of 2012 (Public Law 112-74). This law significantly impacts Federal Student Aid Programs.

One of the most significant changes is Federal Pell Grant Duration of Eligibility. The law reduces the duration of a student's eligibility to receive a Federal Pell Grant to 12 full-time semesters (or it's equivalent). This provision applies to all Pell Grant eligible students effective the 2012/13 academic year. The calculation of the duration of the student's eligibility will include all years, no matter how far in the past, that the student has received Federal Pell Grant funding. Therefore, every semester that a student has received Pell Grant funding will count toward the semester limit. Students that have attended at less than full-time status in the past or at present will be assessed accordingly.

The MTCC Financial Aid Office will attempt to notify students of their remaining eligibility as they apply or reapply for financial aid.