Students have the right to know what types of financial aid are available to them at MCC
Students have the right to know how financial aid is distributed, how decisions on distribution are made, and the basis for these decisions
Students have the right to know how their financial need is determined
Students have the right to know the deadlines for submitting financial aid documents
Students have the right to know how much of their financial need has been met
Students have the right to know MCC's refund policy
Students have the right to know how the Financial Aid Office determines whether or not a student is making Satisfactory Academic Progress
Student Responsibilities
Students must submit all applications accurately and promptly
Students must provide correct information. Errors may result in delays in receiving financial assistance. If a student gets federal student aid based on incorrect information, the student must pay it back. The student may also have to pay fines and fees. If a student purposely gives false or misleading information on the Free Application for Federal Student Aid (FAFSA), the student may be fined $20,000, sent to prison, or both
Students must submit all documentation, verification, and corrected information requested by the Financial Aid Office within an appropriate amount of time
It is the student's responsibility to read and understand all documents that he/she signs and to keep a copy of these documents
Students who create Pell or FSEOG overpayments due to withdrawal from Montgomery Community College will not be allowed to receive Pell or any other type of institutionally awarded financial aid until the overpayment has been paid in full
It is the student's responsibility to complete a new financial aid application each year
Satisfactory academic progress must be maintained by the student in order to receive financial assistance
Students must adhere to the deadlines set by the Financial Aid Office. Failure to do so will result in the delay of financial aid awards
Students must have on file in the Financial Aid Office a Conditions of Financial Aid Award and Financial Assistance Authorization
The student must report for assigned Federal Work-Study jobs on time and put forth every effort to perform the job to the best of his/her ability
The student must notify the Financial Aid Office of any change in credit hours or if the student withdraws from school
The student must notify the Financial Aid Office of all post-secondary schools previously attended and request an academic transcript to be sent to MCC from the school(s) previously attended
HELPFUL HINTS
Apply early for financial assistance. Financial aid applications for the next academic year can be picked up in January
Ignoring deadlines will delay your financial aid
Copies of a student's high school or GED transcript must be on file at Montgomery Community College prior to receiving financial assistance. Students who do not have a high school or GED transcript should see the Financial Aid Officer concerning this matter