Grants


Federal Pell Grants

What is a Federal Pell Grant? 

A Federal Pell Grant does not have to be repaid. Pell Grants are only awarded to undergraduate students who have not earned a bachelor's or professional degree. (A professional degree would include a degree in a field such as pharmacy or dentistry.) For many students, Pell Grants provide a foundation of financial aid to which other aid may be added.

How do I qualify? 

To determine if you're eligible, the U.S. Department of Education uses a standard formula, established by Congress, to evaluate the information you report when you apply. The formula produces an Expected Family Contribution (EFC) number. Your Student Aid Report (SAR) contains this number and will tell you if you're eligible.

How much money can I receive? 

The maximum award is determined annually by Congress. Currently, the maximum award is $5,645 per academic year for a full-time student. How much you get will depend not only on your EFC, but also on your cost of attendance, whether you're a full-time or part-time student, and whether you attend school for a full academic year or less.

Taking effect in the 2012-13 academic year, Congress has changed the law to reduce the duration of a student's eligibility to receive a Federal Pell Grant to 12 full-time semesters (or its equivalent). The calculation of the duration of a student's eligibility will include all years of the student's receipt of Federal Pell Grant funding, regardless of when they first received a Pell Grant award.

How will I be paid? 

MCC will credit the Pell Grant funds to your account.


Can I receive a Federal Pell Grant if I am enrolled less than half time? 

Yes, if you're otherwise eligible. The amount of the grant will be pro-rated based on your enrollment. If you are enrolled half-time, then you would receive half of the amount that you would receive as a full-time student.

For more information on the Federal Pell Grant Program, visit the Federal Pell Grants page of the Federal Student Aid web site.



Federal Supplemental Educational Opportunity Grant

What is a Federal Supplemental Educational Opportunity Grant?

A Federal Supplemental Educational Opportunity Grant (FSEOG) is for undergraduate MCC students with exceptional financial need--that is, students with the lowest Expected Family Contributions (EFCs)--and gives priority to students who receive Federal Pell Grants. An FSEOG doesn't have to be paid back.

What's the difference between the FSEOG and Federal Pell Grant?

The U.S. Department of Education guarantees that each participating school will receive enough money to pay the Federal Pell Grants of its eligible students. There's no guarantee every eligible student will be able to receive an FSEOG; students at each school may be awarded an FSEOG based on the availability of funds at that school.

How much money can I receive? 

The federal maximum amount is $4,000 per year, but MCC students typically receive lower amounts ranging from $300 to $750 per semester.

How will I be paid?

MCC will credit your account. 

For more information on the Federal Supplemental Educational Opportunity Grant (FSEOG) Program, visit the FSEOG page of the Federal Student Aid web site.

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