MACC’s Federal School Code is 002491.

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.

YES! 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 day to complete a FAFSA for the summer semester is June 30.  You must complete the 2023-2024 FAFSA for the 2024 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.