Financial aid funding at Marion Technical College (MTC) consists of grants, scholarships and other various financial assistance sources. It is available to eligible students to help them meet educational expenses. At this time, MTC does not participate in any State or Federal Loan Programs. Financial aid is calculated by determining the Cost of Attendance (COA) for a specific period of time or academic year and determining the unmet need of a student. Marion Technical College will use a 900 hour/26 week academic year for most programs.
A complete list of academic year information by program is available in the Financial Aid Office. The Federal Pell Grant payment and disbursement schedules provided by the U.S. Department of Education are used to determine annual award amounts. The COA, Expected Family Contribution (EFC) and enrollment status of the student are used in these calculations. Marion Technical College uses a Third Party Servicer-FAME to assist with these calculations. A complete Policies and Procedures manual is available for viewing in the Financial Aid Office.
TYPES OF FINANCIAL ASSISTANCE
- MTC Financial Aid
- MTC Financial Aid – Graduating High School Seniors
- MTC Financial Aid – GED Program Completers
- Federal Pell Grant
- Federal Student Equal Opportunity Grant (FSEOG)
- Veterans Education Assistance Program
- Vocational Rehabilitation
- Bright Futures Scholarship
- FSAG-CE Grant
- Scholarships for Children/Spouses of Deceased/Disabled Veterans
- Rosewood Family Scholarship
- Florida Prepaid College Fund
- FCB – Florida Council of the Blind
- FCCLV – Florida Council Certified Low Vision
- Florida Governors Council on Indian Affairs
- Careersource Funding
- Other Third Party Financial Assistance
HOURS OF OPERATION
The MTC Financial Aid Office is open from 8:00 a.m. to 6:00 p.m., Monday through Thursday, and 8:00 a.m. to 4:00 p.m. on Friday during the fall and spring semesters for general financial aid information. During the summer months, the Financial Aid Office has limited hours and is closed on Friday. Appointments are necessary to use computers in the Financial Aid Office to complete an online Free Application for Federal Student Aid application (FAFSA). To qualify for Title IV federal financial aid (Pell Grant) a student must complete the Free Application for Federal Student Aid application (FAFSA) www.fafsa.gov.