Whether or not you need help paying for school it’s wise to know all your options; you may qualify for financial aid that you don’t have to pay back. In step number three you explored your financial options. You've already filled out your FAFSA, so the next step is waiting to hear back about your FAFSA award and applying for additional aid. Below are some additional options to help you pay for school:
Student Loans are loans you can use to help pay for tuition, books, and living expenses while you’re in college. However, unlike traditional loans, repayment of your student loan is put off until you're finished with school. Keep in mind there are two kinds of loans: subsidized and unsubsidized. Click here to learn the difference.
Scholarships are awarded to students based on various criteria that reflect the values and purposes of the donor or founder of the award. Scholarships do not need to be paid back. MCC has some scholarships available, which you can find here. Our advice is to apply for as many scholarships as possible. You can never have too many.
Grants are funds awarded by the government to students who need help paying for school. Student grants do not need to be paid back and are often easier to get than scholarships. Learn more about where to apply for grants by clicking here.
Work-Study is a financial aid program that allows you to work at MCC for money to help you pay your school expenses. Click here to visit Career Services to find a Work Study Job.
The financial aid process starts with the completion of the FAFSA. If you haven’t taken care of this step yet, click here. The paperwork can take a month to go through and you will not receive any aid until it does. This means if classes start before your FAFSA goes through you will be responsible for paying out-of-pocket to keep your place in the classroom until the FAFSA is accepted and you are awarded aid. So it is best to do the FAFSA as early as possible.
Also, you must be officially admitted to MCC before you apply for financial aid. Get enrolled if you haven’t already.
Once we receive your financial aid data from the Department of Education we’ll let you know if you need to fill out any additional forms. As soon as all required forms have been submitted we’ll begin your review. The purpose of the review is to determine your individual financial need and your eligibility to receive financial aid.
Upon completion of the review, you’ll receive an Award Notification Letter. This letter contains your financial aid award status and information. You’ll also find this information in your My.maricopa.edu Student Center. If you decide to apply for loans, review information on Student Loans to get started.
Once your FAFSA, and all submitted documents and forms have been reviewed, a message notifying you of your financial aid award will be sent to your Message Center.
To view your award, go to your Student Center in My.maricopa.edu, and click on “View Financial Aid” in the Finances section.
Once you have been awarded, you can accept, decline, or reduce the award(s) in your aid package through the Student Center. Continue to monitor your Student Center account throughout the academic year, as that is where the Financial Aid offices will send all communications.
You may need to complete additional processes to receive your financial aid funding. Review your award and carefully read all instructions and related comments. Be sure that there is enough financial aid funding per semester to cover your tuition and fees.
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