MxCC will accept financial aid applications all year long. However, for the best chance at a great financial aid package, completed FAFSA applications must be received by:
MAY 1 Summer term
AUGUST 1 Full academic year (fall and spring semesters) or just fall semester
Record of income you earned in the year PRIOR to when you will start school
Your social security number (SSN)
Your driver’s license (if any)
Your W-2 forms and other records of earnings
Your (and your spouse’s, if you are married) Federal Income Tax Return – IRS Form 1040, 1040A, 1040EZ, 1040Telefile, foreign tax return, or tax return for Puerto Rico, American Samoa, the U.S. Virgin Islands, the Marshall Islands, the Federated States of Micronesia
Your untaxed income records
Current bank statements and records of stocks, bonds and other investments
Your alien registration card (if you are not a U.S. citizen)
DEPENDENT STUDENTS ALSO WILL NEED their parents’ Federal Income Tax Return and social security number(s).
You will be alerted by your MxCC email account on my.commnet.edu. You will be able to review your financial aid award online at my.commnet.edu as well.
No! You can be enrolled part-time or full-time – but your financial aid will be adjusted if you are not full time. Here’s the official breakdown and how it affects your financial aid:
12 credits and above: full-time – receive 100% of financial award
9-11 credits: 3/4-time – receive 75% of financial reward
6-8 credits: 1/2-time – receive 50% of financial reward (NOTE: this is the MINIMUM level needed to maximize your financial aid!)
3-5 credits: less than half time – Most likely not eligible for financial aid (contact Financial Aid office to confirm)
WRONG! Your financial aid status is dependent on class attendance, successful completion of 67% of courses each semester, and maintaining a 2.00 cumulative grade point average. This simple worksheet will help keep you on track!
YES it is possible you will owe money! Please be advised that withdrawal from classes may affect your financial aid eligibility. If you switch a class to audit, drop all of your classes, unofficially withdraw, or fail all of your classes, you will most likely owe back financial aid money and receive a bill.
Maybe – if your financial aid package includes a credit, that amount can be used at the MxCC Bookstore! Check for this message on your my.Commnet.edu account: “You have been awarded financial aid in excess of tuition and fee charges by the Office of Financial Aid Services.” The amount “in excess” can be used in the bookstore – but only during certain dates at the start of each semester (check www.mxcc.edu for dates and information). Bring your schedule and a photo ID with you to the bookstore to access your funds.
The Financial Aid Services Office, located in Founder’s Hall, can be reached at (860) 343-5741 or by email Financial Aid Services Office. Fax number: (860) 344-3014.
