The following types of financial aid for summer are available to those who meet the eligibility guidelines:
* Federal PELL Grant - Awards are based on need as determined by filing the Free Application for Federal Student Aid (FAFSA).
* Federal Direct Student Loans - Students must be registered for at least six credit hours to receive a Federal Direct Student Loan. Any loan money borrowed for the summer term counts against annual aggregate loan limit for the remainder of the academic year.
* Federal Work Study - Awards are based on need and cost of attendance. Employment begins after July 1.
* New York State TAP - Awards are based on need as determined by the NYS Higher Education Services Corporation. Students must be registered for at least six credit hours for the Summer term, be enrolled full time during the preceding Spring semester and have earned 24 or more credit hours at MCC during the prior two semesters.
* NOTE: Due to New York State budgetary procedures, TAP is not available to pay for summer charges prior to the semester so students who intend to use TAP need to make other payment arrangements, and are usually reimbursed approximately 18 months later when New York State makes summer TAP funds available to schools from the previous year.
For more information on the federal and state aid programs, please visit the Types of Aid <https://www.monroecc.edu/depts/finaid/types.htm> section of our Web page.
Ramon L. Rodriguez
Financial Aid
04/10/2015 |