MACC

Apply for Financial Aid

How Do I Apply for Financial Aid?

All financial aid applicants must complete the Free Application for Federal Student Aid (FAFSA) each year to be considered for any financial aid. If you applied for financial aid the previous year you may use your Renewal FAFSA to apply instead of an original FAFSA form. Simply add MACC to the “college release” section (Title IV Code 002491) and your information will be sent to us. Original FAFSA’s are available from your high school guidance office, from the Financial Aid Office, by calling (800)4-FED-AID, or at the FAFSA web site.

DEADLINES:

Tuition and fees are due by the first day of classes each semester, so the deadline you should adhere to is: “AS SOON AS POSSIBLE.” If you need financial aid to help you pay for your college expenses (tuition, fees, books, housing, meals, etc.), then it is in your best interest to complete all applications as soon as possible.

Financial aid cannot be processed if you miss deadlines; therefore, you must review the financial aid programs and apply timely.

Most financial aid programs cannot be processed during the last week of a semester. Applications and supporting documents must be submitted BEFORE the last week of a semester.

The very last day to submit a FAFSA for the summer semester is June 30. You must complete the 2022-2023 FAFSA for the summer 2023 semester. 

If financial aid eligibility cannot be determined while you are enrolled, you may be charged a late payment fee, be dropped from your classes, or both, per the -institution’s policy for non-payment. 

Information and Resources to Help You Complete the FAFSA

  • During the aid application process you may be chosen for Verification. In order to verify information reported on the FAFSA, the process requires copies of tax return transcripts and W2s, and a completed verification worksheet to be submitted to the Financial Aid Office. If you are selected for verification, you will receive the message on your Student Aid Report and also a notice from the Financial Aid Office. Any financial aid offer will be contingent upon completion of this verification. To download a verification worksheet, visit the Financial Aid Forms page.
  • Federal and state grant eligibility will be determined after the FAFSA is received, and verification (if selected) is complete and will be based on information obtained from the results of your FAFSA.
  • To receive a student loan you must complete a student loan data sheet, a Master Promissory Note and loan counseling. To download a Student Loan Data Sheet and the specific student loan application checklist, visit the Financial Aid Forms page.
  • Additionally, scholarships and Federal Work-Study consideration also require additional applications to be completed and submitted. The forms and instructions may be obtained on our Financial Aid Forms page.

How the Financial Aid Process Works
Do You Need Money For College? The Guide to Federal Student Aid.
What Will I Need To Fill Out the FAFSA?
Who Is My Parent?
Do I Have to Provide My Parents’ Information?
Reporting Same-Sex Marriage On The FAFSA
Myths About Financial Aid

1. APPLY EARLY AND INVESTIGATE ALL DEADLINES!

2. Apply for admission.  

3. Register for a program of study that will lead to a Certificate, Associate of Applied Science, Associate of Science, Associate of Arts degree, or an Associate of Arts in Teaching.

4. Submit an official copy of your high school transcript be sent to the Office of the Registrar at MACC. A copy of your HiSET or G.E.D. scores may be substituted for this requirement.

5. Submit official transcripts from EACH college/university previously attended.

6. Apply for a FSA ID at StudentAid.Gov to sign the FAFSA on the Web electronically.

7. Complete the Free Application for Federal Student Aid (FAFSA) at StudentAid.Gov and list MACC’s federal school code, 002491, in step six (6).

  • Submit any additional documentation requested; such as, but not limited to, a Verification Worksheet and Tax Return Transcript


8. Register for classes that are required for the degree you are currently seeking at MACC.  Financial aid will not cover courses that are not required for your degree.  Some financial aid programs have minimum credit hour requirements (i.e. student loans require enrollment in at least six (6) credit hours).

9. If applying for a loan, do all of the above, and also:

  • Read the MACC Student Loan Application Guide. Refer all questions and concerns to the Financial Aid Office for resolution so you fully understand the process before proceeding to the next step.
  • Complete Federal Direct Student Loan Entrance Counseling at StudentAid.gov.
  • If you are borrowing a loan at MACC for the first time, you must complete a virtual Student Loan Entrance Counseling session with MACC. Visit the MACC Student Loan Entrance Counseling webpage for a list of dates and times.
  • Complete a Federal Direct Student Loan Master Promissory Note at StudentAid.gov.
  • Complete, sign, and return a MACC Federal Direct Student Loan Data Sheet to the Financial Aid Office. A MACC Federal Direct Student Loan Data Sheet can be found at the MACC Financial Aid Forms webpage


Please Note: you must meet certain eligibility standards established by the federal, state, institutional and private aid sources. These may include but are not limited to the following: You must be making satisfactory academic progress as defined by MACC’s Satisfactory Academic Progress Policy; if you are currently in default on a previous student loan, you may not be eligible to receive any Title IV Aid (i.e., Federal Pell Grant, Stafford Loans, Work-Study, etc.), (you should speak with the MACC Financial Aid Office about options for defaulted borrowers).

DEADLINES:

Tuition and fees are due by the first day of classes each semester, so the deadline you should adhere to is: “AS SOON AS POSSIBLE.” If you need financial aid to help you pay for your college expenses (tuition, fees, books, housing, meals, etc.), then it is in your best interest to complete all applications as soon as possible.

Financial aid cannot be processed if you miss deadlines; therefore, you must review the financial aid programs and apply timely.

Most financial aid programs cannot be processed during the last week of a semester. Applications and supporting documents must be submitted BEFORE the last week of a semester.

The last date to complete a FAFSA for the summer semester is June 30 each year.  You must complete the 2022-2023 FAFSA for the 2023 summer semester.  

If financial aid eligibility cannot be determined while you are enrolled, you may be charged a late payment fee, be dropped from your classes, or both, per the institution’s policy for non-payment.

  • Plan Ahead–Become familiar with procedures, priority dates and deadlines.
  • Apply Early–The best time to file the FAFSA for maximum and timely consideration is between October 1 and February 1. You do not need to have completed your tax returns in order to file your FAFSA. It is better to file early with good estimates (based on W-2’s and year-end earnings statements) than to file late with exact figures.
  • Keep Records–Complete all forms carefully and keep copies for your records.
  • Respond to Information Requests–Promptly reply to all requests from our office for additional information.
  • Reapply Every Year–Financial aid is not automatically renewed. You must file a FAFSA or Renewal FAFSA to be considered for financial aid each year. Check renewal requirements on all awards.
  • Manage Debt Wisely–We recommend that borrowing be limited to necessary educational expenses. Our office offers debt management assistance to help you project repayment obligations and options.
  • Ask Questions–Contact the Financial Aid Office with any questions or concerns you may have.

DEADLINES:

Financial aid cannot be awarded/offered if you miss deadlines; and, most financial aid programs cannot be awarded/offered during the last week of a semester. Applications and supporting documents must be submitted before the last week of a semester. Don’t Get Scammed on Your Way to College! Outside Resources Scholarships