AID TYPES

FEDERAL PROGRAMS

APPLY ON-LINE AT www.fafsa.ed.gov

Students applying for multiple types of financial aid should be aware that total financial aid award packages which include Title IV aid and/or state funded aid and/or institutional aid may not exceed the cost of education or the financial need of the individual student as determined by the needs analysis document (FAFSA).

The Federal Pell Grant is available to the student pursuing a first under-graduate degree or certificate who demonstrates exceptional financial need. The Student Aid Report (SAR) from the Free Application for Federal Student Aid (FAFSA) is used by the financial aid administrator to determine eligibility for this grant. Minimum awards and maximum awards are established by the federal government. (Example: $400-$4,310 per year for 2007-2008). The Federal Pell Grant is an entitlement program and once final eligibility is established the award is the base for all other financial aid. The eligible student must maintain Satisfactory Academic Progress for continuation. The FAFSA is available from high school counselors, public libraries, college financial aid offices, or you may apply on the web at www.fafsa.ed.gov .

The Federal Supplemental Educational Opportunity Grant (FSEOG) is available to a limited number of undergraduate students who demonstrate substantial financial need. The SAR from the FAFSA is used by the financial aid administrator to determine eligibility for this grant. Typically, $200-$1,000 per year. Priority consideration is given to the full-time student with demonstrated need. The eligible student must maintain Satisfactory Academic Progress for continuation. An additional FSEOG application must be completed by April 1 to receive priority consideration. The FSEOG application is available in the MDCC Office of Student Financial Aid.

The Federal Work-Study Program provides part-time, on-campus employment to eligible students. The SAR from the FAFSA is used by the financial aid administrator to determine eligibility for this work-study program. Depending on need, an eligible student may earn from $750-$1800 per year by working up to ten hours per week on campus. The eligible student must maintain Satisfactory Academic Progress for continuation.

MDCC does not participate in the Federal Family Education Loan Program.