Your first step to any Financial Aid is to create an FSA ID (Federal Student Aid ID).
You can create an ID at FSAId.ed.gov
The following YouTube video will walk you thru how to create an FSA ID.
Students must apply for all forms of federal, state, and institutional aid by completing the Free Application for Federal Student Aid (FAFSA). Students are greatly encouraged to fill out the application online at FAFSA.ed.gov. The FAFSA serves as the universal application for initiating all financial aid at MCC.
If you require any assistance in completing the FAFSA, please contact the financial aid office at Miles Community College at 1-800-541-9281, (406) 874-6182, or (406) 874-6208.
Be sure to use our School Code 002528
First time applicants and returning students, need to file a FAFSA each year that they are seeking aid. The FAFSA is available starting October 1st, for the upcoming academic year, with a priority deadline of December 1st for submitting the FAFSA. Early application is greatly encouraged to ensure that students have full access to all available financial aid programs. Some of the financial aid funds are limited and will be awarded first to students who submit the FAFSA by the December 1st priority date.
When completing the 2019/2020 FAFSA, please remember that 2017 is the tax year information. For the 2020/2021 FAFSA, use the 2018 tax year information, and so on.
When a completed FAFSA is received by the United States Department of Education, a formula mandated by Congress called "Federal Methodology" is used to calculate the Expected Family Contribution (EFC). Students will receive a Student Aid Report (SAR) and the school whose code is listed on the FAFSA will receive an Institutional Student Information Report (ISIR). The SAR/ISIR will contain the EFC, which is used to determine eligibility for financial aid. The financial aid office uses the estimated Cost of Attendance (COA) (tuition, fees, books, room, board, and other related expenses) less the EFC to determine the student's financial need. See yearly college costs for an average breakdown of COA Figures.
Students applying for financial aid are considered for all programs for which they request aid and are eligible, contingent upon the availability of funds. The amount of financial aid awarded is generally a combination of grants, work-study, and loans and is based on the remaining need of a student (COA-EFC = Need).
Aid is disbursed to student accounts in the Business Office once each semester. Please check your account balance and disbursements through your Banner Self-Service access.
Initial disbursement is made two weeks after classes start for the term.
If the disbursement of your aid was enough to pay your balance, any remaining funds will be refunded to you. This will be in the form of a paper check. Checks are available on fee payment day. To pick up your refund, bring photo id to the Business Office. Distance Education students will need to contact the Business Office to make arrangements for your check to be mailed.
The Higher Education Act of 1992 allows financial aid administrators to make professional judgement decisions for special or unusual family or student circumstances. These circumstances must be documented and reviewed on a case-by-case basis.
Typically, this authority is used to do one of the following:
Any adjustment to Cost of Attendance is only helpful to students that are already fully funded.
An increase to the Cost of Attendance can be done for childcare expenses, purchase of a computer, and for special equipment or supplies needed for a degree program.
The FAFSA makes the assumption that the best estimate of a family's current financial resources is the income and resources they had in the prior year. Due to extenuating circumstances, this may not actually be the case.
If the income information reported on the FAFSA does not adequately reflect a family's financial situation, MCC's financial aid staff has the authority to make adjustments to the FAFSA data that may result in a change to a student's aid eligibility.
Adjustments are not made for such things like regional differences in cost of living, the purchase of a new or used vehicle or an accounting of personal income against monthly bills. All adjustments are made at the discretion of staff in the financial aid office.
Students who cannot answer yes to any of the dependency questions on the FAFSA can submit an appeal to the financial aid office requesting that they be declared independent. If granted, eligibility for federal aid is then based solely on the student's income.
To have an appeal approved, there must be extenuating circumstances which prevent the student from providing parental information on the FAFSA. To have the independent status carried forward into subsequent academic years, the student must submit a letter requesting that it be renewed.
Appeals granted to students by other colleges do not apply to MCC. The student must go through MCC's appeal process to be granted independence at MCC.
30% of all students that complete a FAFSA are selected for verification. Selection is made by the US Department of Education (ED) and can occur in multiple years if an applicant meets ED's criteria. If a student is selected, the student will need to provide the required verification documents to the financial aid office before an award offer can be made.
The financial aid office is required to ask for additional documentation if, while reviewing a student's file, there appears to be conflicting information.
Documents required are listed on both the initial letter sent to students via US mail and the Financial Aid tab in Banner Self-Service. Links to the necessary forms are provided in the Forms & Policies section of the Financial Aid webpage.
Additional Verification Information