At Morgan Community College, financial aid programs are available to assist students in their college career: scholarships, grants, work-study, loan programs, and tax credits (grants and scholarships do not have to be repaid.) More information and forms may be obtained from the Financial Aid Office on the Fort Morgan campus, (970) 542-3150 or 1-800-622-0216, ext. 3150, from MCC Center directors, or from high school counselors.
GENERAL ELIGIBILITY REQUIREMENTS:
COA - EFC - EFA = Need
Colleges and universities provide supplemental assistance to students who show documented financial need that is determined when the application is processed. Need is calculated by taking the college’s Cost of Attendance (COA) minus the Estimated Family Contribution (EFC) from the Student Aid Report (SAR) minus any Estimated Financial Assistance (EFA) which includes grants, scholarships, student loans, veterans education benefits, and outside resources. The Federal Pell Grant and all other federal and state grants are awarded on need. Scholarships can also be awarded based on need, but require a separate application and are more often based on merit and academic performance. Financial aid will be awarded on a rolling basis until funds are used up. For additional information, contact the Financial Aid Office.
FINANCIAL AID CHECKLIST
Apply for admission to Morgan Community College in person or online at
Complete the Free Application for Federal Student Aid (FAFSA) at
MCC Federal School Code is 009981
Application to be completed prior to enrollment.
Application is for federal and state grants as well as federal student loans and work-study
Complete the general scholarship application for most MCC scholarships at http://www.MorganCC.edu/Admissions/Financial-aid/scholarships/applications/ (http://www., http://www.MorganCC.edu/Admissions/Financial-aid/scholarships/applications/)
See "How to Apply for Financial Aid" for priority dates
1. Apply for admission to Morgan Community College
2. Students applying for financial aid must have declared an eligible program of study with the Registrar’s Office and meet other general eligibility requirements.
3. For need based grants and scholarships, complete the Free Application for Federal Student Aid (FAFSA).
FAFSA PRIORITY DATES
April 1 for Summer Semester
April 1 for Fall Semester
Nov. 1 for Spring Semester
4. Complete the MCC General Scholarship Application by the priority date of April 1.
-The scholarship application
-Most recent academic transcript (for those that do not have 12+ earned credits at MCC.)
-Letter of recommendation
5. Summer has a separate Financial Aid Application in addition to the FAFSA. Students taking or planning to take summer courses will need to do BOTH. The Summer Application (Summer Intent to Enroll) is available online January 1st.
6. The Financial Aid Office will inform students if further information is needed.
7. Application for assistance will be considered only after admissions and financial aid files have been completed.
8. Students wishing top consideration for financial aid should have their files completed by the priority dates listed above.
9. The Financial Aid Office will continue to accept applications after these dates, but awards will be dependent upon the availability of funds.
10. Additional documents that maybe requested by the Financial Aid Office include: Federal Tax Transcripts, Verification Worksheets etc.
The Colorado Commission on Higher Education (CCHE) has instituted a policy on developmental course work for students. Degree and certificate seeking students who are assessed and need remediation in developmental college reading, writing, and/or mathematics will be provided notification. It is recommended that a student enroll in appropriate developmental course work prior to completing 30 credit hours at Morgan Community College. Students with 30 or more attempted credit hours of developmental coursework will not be eligible for Colorado or Federal Title IV aid for additional Remedial Course credits.
Effective July 1, 2012, to be eligible for Title IV Financial Aid Programs (TIV), all new, first-time enrolling students must have either a high school diploma or GED certificate. TIV Funding includes Pell, SEOG and student loans.
Students may qualify for TIV student aid under one of the qualified alternatives if the student is or was enrolled in a TIV eligible program prior to July 1, 2012. Qualified alternatives include successful completion of the ATB test or successfully completing at least 6 credits of post-secondary education.
Students who do not hold a high school diploma, GED or Homeschooled certificate recognized by the State are ineligible to receive need-based aid from state funding sources.
Students may complete financial aid applications on the internet by accessing Free Application for Federal Student Aid (FAFSA) on the web at www.FAFSA.gov
When a student fails, stops attending one or more courses or fails to begin attendance in a course they were scheduled to attend, the Federal Title IV Funds they received are subject to repayment. Repayment is required of all Title IV recipients who withdraw prior to completing at least 60.01% of the days they were scheduled to attend.
Tuition and fees will be funded on a per day basis during the first sixty percent (60%) of the term. If a student had Title IV Federal Financial Aid, a portion of these grants or loan funds must be returned to the programs based on the date the student withdrew from college. If the withdrawal occurs after sixty percent (60%) of the term is completed, no return of these federal funds will be required. For a complete copy of the Title IV Funds policy, contact the MCC Financial Aid Office.
Note: The term Title IV Funds refers to the Federal Financial Aid programs authorized by the Higher Education Act of 1965 (as amended) and includes the following programs: Unsubsidized Stafford Loans, Subsidized Stafford Loans, PLUS Loans, Federal Pell Grants and Federal SEOG.
To maintain eligibility for financial aid, students must comply with federal, state, institutional and/or donor rules and regulations that apply to the financial aid awards. Students must continue to meet eligibility criteria, and must reapply for financial aid in a timely manner each academic year. Federal and state regulations require that all financial aid recipients meet specific academic standards called Satisfactory Academic Progress (SAP). SAP is determined at the end of each semester a student is enrolled. A student’s entire academic history at Morgan Community College is considered, including period when financial aid was not received.
a) Cumulative GPA Requirement – Students must maintain a minimum cumulative grade point average of 2.0 for all credits attempted.
b) Cumulative Completion Rate – Students must complete at least 67% of cumulative attempted credit hours.
c) Maximum Time Frame –Federal regulations allow financial aid recipients to receive financial aid for a maximum number of attempted credits. Students attempting credits in excess of 150% of the required number of credits to complete their program of study will be deemed ineligible for aid.
Please refer to the MCC website for complete SAP policy details.
If a student withdraws, drops, or changes from credit to audit status the student may be required to repay a portion of the financial aid received.
See "GRADES & GRADING" for further details on audit grades
Note: Students should check with the Financial Aid Office before changing enrollment status.
A complete copy of the Financial Aid Satisfactory Academic Progress Policy (SAP) is available on the web or from the Financial Aid Office.
Further information about financial aid, scholarships, grants, and loan applications, rules and regulations governing programs, application procedures, payment procedures and costs of attending the college is presented in the Financial Aid Handbook. This document is available from the MCC Financial Aid Office, MCC Centers, and at the MCC website.
MCC FOUNDATION SCHOLARSHIPS
The Foundation funds many competitive scholarships whereby recipients are selected based upon their qualifications. Students may apply by completing the General Scholarship Application, available online each January 1st. Priority application date is April 1, for the upcoming academic year. Most scholarships require students to be enrolled in a degree or certificate program. The MCC Financial Aid Office awards additional Foundation funding at their discretion.
Morgan Community College offers a number of institutional grants and scholarships. The types and amounts of these awards vary from term to term and require application each semester. Institutional application forms can be found on the web at http://www.morgancc.edu/admissions/financial-aid/scholarships/applications/ (http://www., http://www.MorganCC.edu/Admissions/Financial-aid/scholarships/applications/)
In addition to the Foundation scholarships and institutional funding, other organizations send scholarship applications to the school. Information and applications to these scholarships is available from the MCC Financial Aid Office and at www.MorganCC.edu
Eligibility for grants, loans and work-study is determined by completion of the Free Application for Federal Student Aid (FAFSA) at www.FAFSA.gov
The Department of Education has implemented regulations governing repeated coursework to improve the pace of graduation completion. The following apply to undergraduate students receiving federal student aid at Morgan Community College as full-time or part-time students.
Public Law 112-74 amended HEA section 41(c)(5) limits the duration of a student’s eligibility to receive Federal Pell Grant to 12 semesters (or its equivalent). The calculation is performed by the Department of Ed and includes all years of the student’s receipt of Federal Pell Grant funding. Students must remain eligible to receive aid by meeting SAP standards in order to receive Pell Grant funding.
As of July 1, 2013, federal limitations were implemented first-time borrowers taking out Direct Subsidized Stafford Loans defining a limit on the maximum period of time (measured in academic years) that a borrower can receive Direct Subsidized Loans. In general, a borrower may not receive Direct Subsidized Loans for more than 150% of the published length of their program. This is called the "maximum eligibility period".
The maximum eligibility period is based on the published length of a student’s current program. This means that the maximum eligibility period can change if a student changes programs. Also, if a borrower receives Direct Subsidized Loans for one program and then change to another program, the Direct Subsidized Loans they received for the earlier program will generally count against the new maximum eligibility period.