• Types of Aid

  • Types of Federal Student Aid

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    Grants: Grants are considered part of financial aid and do not have to be repaid. Two major federal grants are available once financial eligibility is established: the Federal Pell Grant and the Federal Supplemental Educational Opportunity Grant. The State of Oregon also offers the Oregon Opportunity Grant.

    Federal Work-Study Jobs: Federal Work-Study (FWS) is considered part of Title IV aid. These positions differ from other campus jobs only by their funding source. By filing a FAFSA, you may be eligible for FWS, which is based on your financial eligibility. Working at an hourly rate, you are allowed to earn the total FWS amount granted to you.

    Loans: Loans are considered part of Title IV aid (except for alternative loans) and must be repaid. The following loans are available:

    1. Federal Direct Loans
    2. Federal PLUS Loans (Parent Loans)
    3. Alternative Loans

    Scholarships: Scholarships do not have to be repaid and can come from a variety of sources. Scholarships can be based on a number of factors.

    Other Resources: In addition to applying for financial aid, you are encouraged to apply for all non-need based aid for which you may be eligible. Non-need based aid consists of assistance not available through our office including, but not limited to: veteran's benefits, vocational rehabilitation benefits, tuition waivers, AmeriCorps and alternative loans.

    Eligibility Requirements

    You must:

    • Be a citizen or eligible non-citizen.
    • Be working toward an eligible MHCC degree or certificate program.
    • Have a high school diploma or GED.
    • Have a valid social security number.
    • Maintain satisfactory academic progress.
    • Comply with the U.S. Selective Service registration requirements.
    • Not be in default on any student loan previously received.
    • Not owe a refund or repayment on any federal grant previously awarded.
    • Demonstrate financial need (for most types of aid) based on the methodology written into law by the U.S. Congress by applying for such aid on the Free Application for Federal Student Aid (FAFSA).

    Cost of Attendance

    College costs include more than tuition and room and board. Financial Aid budgets are based on averages and do NOT reflect your actual costs for attending college or for all your living expenses. Keep in mind that the total amount of aid you receive (grants, work, loans, scholarships, etc) cannot exceed the cost of attendance you have been given. Scholarships and tuition waivers may reduce your existing aid package. Here are common costs included in your cost of attendance budget:

    Item Description
    Tuition The cost of registered course credits.
    Room and board Lodging and food costs vary by school.
    Books and school supplies Books can be expensive. School supplies include
    • book bags;
    • notebooks;
    • pens and pencils;
    • paper and computer paper; and
    • desk accessories such as folders, trays, and pen holders.
    Fees Fees depend upon your school. Examples include activity fees and parking fees. Schools can provide a list of fees.
    Travel and miscellaneous expenses
    • Transportation costs.
    • Personal expenses, such as, clothing and mobile phone costs.
    • Computer and printer.