Financial Aid General Information

School Code: 009797

For many students at Midland College, the importance of scholarships and financial aid cannot be overstated. Click here for a list of scholarships. To apply for any scholarship, fill out Midland College's General Academic Scholarship Application.

Please call (432) 685-5510 for more information.

          FINANCIAL AID

          Pell (and other) Grant Residuals (Refunds)
   **All Residuals (Refunds) will be deposited to the student's Chap Card or directly deposited
   to the student's pre-designated bank account.**

• Fall 2009: Thursday, November 5
• Spring 2010: Tuesday, April 6
• Summer I 2010: Thursday, June 29
• Summer II 2010: Thursday, August 9

           Book Vouchers

• Fall 2009: Wednesday, August 26, 8 am - 5 pm in the Financial Aid Office
• Spring 2010: Wednesday, January 13, 8 am - 5 pm in the Financial Aid Office
• Summer I 2010: Wednesday, June 2, 8 am - 5 pm in the Financial Aid Office
• Summer II 2010: Monday, July 12, 8 am - 5 pm in the Financial Aid Office

           Stafford Loans

• In order to be considered for a loan at Midland College, the student must have completed the FAFSA and received an award notice by the Financial Aid Office.
  CLICK HERE for more information, and criteria for Stafford and other federal student loan programs.
  
  
• Please contact Midland College's Loan Coordinator, Lupe Daniels, at (432)-685-4693, to apply for a student loan.

          FAFSA Priority Dates

• Priority Dates for Midland College is June 1st for the Fall, October 1st for the Spring, and February 15th for the Summer.  Midland College does not offer financial aid for Interim Courses.

Financial Aid at Midland College is intended to help students and their families pay for the costs associated with obtaining their goal of a college education. Knowing that there is a limited amount of funds available and an ever increasing need for financial assistance, it is our stance that the primary source for funding an education rests with the student and his/her family. As students prepare for college they often discover that their own financial resources-- including help from their parents is not enough to meet the costs of the college they wish to attend. This discovery may cause them to postpone or abandon plans to attend college and can be very discouraging. Financial Aid in the form of grants, loans, or student employment can help reduce the cost of a college education.

More information on MC Aid and Eligibility.

Financial aid programs were developed to give financially needy students more options. With financial assistance from state or federal governments, civic groups and even the colleges themselves, more and more students have found that they can afford to go to college and that they may be able to attend the college of their choice.

One source of financial aid often overlooked is the reduced tuition rate of a local public college. Due to the state funding and local taxing districts community or junior colleges are able to significantly reduce the costs of a college education. Students should consider the option of attending locally for the first year or two. If the student and or parent will save the difference in the tuition costs between a community college and a four year school they may be able to pay for the next two years of tuition at the large four year school.

Eligibility for aid is determined in many ways depending on the type and amount of aid received. Need based aid includes Federal Pell Grant, Federal Supplemental Educational Opportunity Grant (FSEOG), Texas Public Education Grant (TPEG), State Student Incentive Grant (SSIG), Academic Competitiveness Grant, and Federal College Work Study (FCWS). The eligibility criteria for these aid programs is demonstrated financial need. This need is determined by completion of the Free Application for Federal Student Aid (FAFSA). The results of the application will produce a dollar amount which is what the family and student is reasonably expected to contribute toward their educational expenses. This amount is called the "Expected Family Contribution" or EFC. It is subtracted from the estimated cost of education determined by the school resulting in what is called demonstrated NEED. Students may receive up to this amount in need-based aid, but may not exceed it with any and all types of aid.

Eligibility for Federal Programs such as Pell Grant, SEOG, and College Work Study require the following:

Students must:
1. Be a U.S. Citizen, Permanent Resident of the US, or Citizen of certain former trust territories;
2. Enroll as a Regular Student in an eligible program;
3. Make Satisfactory Academic Progress;
4. Have a High School diploma or a GED.

Eligibility for various scholarships may be a combination of academic achievement, financial need, or the wishes of the donor.

Students should apply for all types of aid as early as possible. Midland College has preference dates, which means that all needed forms or documents must be received prior to these dates to receive maximum consideration and to have aid available for payment of tuition and fees at registration.

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