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FAQWhat is MACC’s Federal School Code?
MACC's Federal School Code is 002491.
How is Financial Aid Awarded?
Student financial aid programs are a valuable financial resource for eligible students to access postsecondary education; however families still are responsible for assisting with their students' total educational costs.
Student financial aid is based on demonstrated financial need, academic achievement, ability or academic major.
Financial need is calculated by a standard federal formula:
Estimated Cost of Attendance – Expected Family Contribution (EFC) = Financial Need
Your cost of attendance includes tuition, fees, room and board, books and supplies and other school-related expenses.
Your Expected Family Contribution (EFC) is the number that’s used to determine your eligibility for federal student financial aid. This number results from the financial information you provided in your FAFSA application. Your EFC is reported to you on your Student Aid Report* (SAR). Your EFC is not the amount you must pay your school.
Some financial aid programs base awards on academic achievement, abilities (like athletic or artistic talents) or your academic major. Eligibility for each of these programs normally is based on standards determined by the school, a state agency or a private organization.
MACC's cost of attendance
ESTIMATED COST OF ATTENDANCE
The Financial Aid Office establishes standard student budgets each year as a basis for awarding financial aid funds. These budgets reflect typical "modest but adequate" expense patterns of Moberly Area Community College students. While actual expenses will vary based on your lifestyle and level of enrollment, the estimated costs listed below should assist you in planning your own budget.
Tuition and Fees
These are estimated tuition and fees for the 2011-2012 year. Actual tuition is set by the Board of Trustees. The rates listed are for a 12 credit hours per term. Students who enroll in fewer than 12 hours will have budgets developed for their enrollment status, three-quarter-time, half-time, and less-than-half time. Current tuition and fees for all MACC students are available from the Business Office.
Room and Board
Housing costs can vary significantly based on the living arrangements you select. We suggest you evaluate carefully the costs you might incur by living off-campus. Commuting: Students who live at home and commute to campus will reduce room and board costs significantly.
Books and Supplies
Costs vary by program, course load, and classes selected. You may be able to reduce your costs significantly by buying used books.
Personal and Miscellaneous
This category represents every other student expenses such as: transportation, clothes, personal hygiene, entertainment, etc. It is the most variable and personal component of anyone¹s budget. Personal spending can make or break a college budget! The most important thing is to set yourself an allowance, keep track of your expenses, and stick to your budget.
Keep in mind: * If you live off-campus, you may save money by having roommates. * The four C's - cars, clothes, credit cards, and calls - can bust your budget!
Actual tuition and fees |
