What are my responsibilities as a student receiving financial aid?
To notify the Financial Aid Office of all changes: new name, address, change of major, change of marital status, withdrawal or addition of classes during the semester
To report financial assistance from sources outside MTCC to prevent an over-award of Federal and State financial aid funds
To complete all financial aid applications and requested documentation to the best of your knowledge
To understand and accept all signed documentation; keep copies of all financial aid correspondence that you sign
Be aware of the MTCC withdrawal and refund policy
What are my rights as a student receiving financial aid?
To know what types of financial assistance are available at MTCC, including federal, state and local funds (see MTCC Catalog, Financial Aid Section for detailed list)
To apply for financial aid at any time and to request assistance if necessary
To know withdrawal and refund policies at MTCC
To understand how the cost of attendance budget is determined for financial aid purposes
To understand how financial aid is calculated and what elements (income, assets, etc) are used to determine the student’s expected family contribution (EFC)
To know the amounts of financial aid awarded to them and what determines those amounts
To know how satisfactory academic progress is determined by the MTCC Financial Aid Office and what happens if those standards are not met
To know if you feel you have a special circumstance that is not shown through the FAFSA, to notify the financial aid office. A financial aid administrator may use professional judgment, only on a case-by-case basis, to either increase or decrease one or more of the data elements used to calculate a student's EFC. The reason must be documented in the student's file and it must relate to that student's special circumstances that differentiate an individual student.
