Financial Aid Checklist | MCTC

Maysville Community & Technical College

Financial Aid Checklist

Whether you’re a high school student, a returning student or just looking to take a class on the side, following these steps will make your financial aid experience easy!

 

Student in a library using her laptop

 

Financial aid Steps

Head over to fsaid.ed.gov (opens in new window) to create a FSA ID.

If you are a dependent student your parent will need a FSA ID too. 

REMEMBER: Keep a record of your FSA ID. You will use the same FSA ID each year you file a FAFSA.

To complete the Free Application for Federal Student Aid (FAFSA), you will need:

  • Your Social Security Number
  • Your Alien Registration Number (if you are not a U.S. citizen)
  • Your federal income tax returns, W-2s, and other records of money earned. (Note: You may be able to transfer your federal tax return information into your FAFSA using the IRS Data Retrieval Tool.)
  • Bank statements and records of investments (if applicable)
  • Records of untaxed income (if applicable)
  • An FSA ID to sign electronically.

You'll then head over to the FAFSA website (opens in new window) and fill out your free application.

Some helpful information:

 
FAFSA Semesters Covered Tax Return Needed FAFSA Opens On
2020-2021
  • Fall 2020
  • Spring 2021
  • Summer 2021
  • 2018
  • 2018
  • 2018
Oct 1, 2019
2021-2022
  • Fall 2021
  • Spring 2022
  • Summer 2022
  • 2019
  • 2019
  • 2019
Oct 1, 2020
2022-2023
  • Fall 2022
  • Spring 2023
  • Summer 2023
  • 2020
  • 2020
  • 2020
Oct 1, 2021

Now you'll want to review your Student Aid Report, you'll hear it called SAR. It will come to you by email to the email address you listed on your FAFSA.

Our college offers dozens of scholarships. Some are general scholarships for students in any field while some are dedicated to students in specific majors.  You can learn more about the available scholarships here.

You'll want to check out your Student Self-Service Center 'Task Tile.' This is where you'll see any missing information or required documents we may need to process your aid.

No Tasks to complete? Check your status in your Student Self-Service Center and confirm your financial aid offer.

We deliver your refund with BankMobile Disbursements, a technology solution, powered by BMTX, Inc. Visit this link for more information: https://bankmobiledisbursements.com/refundchoicessso/

Did you get an e-bill? When you do, review it to make sure your calculated aid covers your balance due.

The email you get will look something like this:

ebill email example

There are a bunch of rules that govern Federal Financial Aid. You need to be aware of them so you can maintain your financial aid eligibility. 
  1. Maintaining Standards of Satisfactory Academic Progress
    • Federal financial aid funds are awarded to you with the understanding that you will maintain a minimum of a 2.0 GPA, successfully complete 67% of the credit hours you attempt, and complete your credential within certain timeframe limits. You can check out all the details in our SAP policy. 

  2. Return of Title IV Funds 
    • Life happens. We get it.  But it is important for you to understand that as a federal (Title IV) financial aid recipient, you have an obligation to be successful.  When you receive aid and you completely withdraw from all classes, fail all classes, or you unofficially withdraw because you stop attending, you are subject to a Return of Title IV calculation as dictated by federal regulations. When that happens, we may have to return a portion of the aid you received. Be sure to read the details in our R2T4 policy. When life happens, be sure to reach out to your Financial Aid counselor and talk it through.

  3. Aid recalculation due to class schedule changes and attendance
    • When the number of credit hours you are taking changes, your aid is subject to recalculation. When you fail to attend a class, your aid is subject to recalculation. Reach out to your Financial Aid office with questions regarding how enrollment changes and failure to attend classes impacts your aid.  

 

 

A male admissions advisor assits a male student.

 

Need Help?

If you have questions about financial aid, feel free to reach out. We're happy to help!

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