Financial Aid Disbursement and Tuition Payment Information
Tuition Payment: Students who have not been awarded may request an extension of their tuition payment due date if the Financial Aid Office has received a valid, eligible FAFSA and all required supporting documentation/information by 12/01/2014 for the Spring 2015 semester. Extensions on tuition payment are generally not needed if the student has been awarded for the term. To check if aid has been awarded, please refer to Student Services Center at my.maricopa.edu. Click View Financial Aid link followed by Aid Year to view awards per term. Per MCCCD policy, students who do not have a complete Financial Aid file (i.e., valid FAFSA, eligible program of study, HS Diploma/GED, and all other required documentation) by the date above may be required to pay their tuition/fees or sign up for the Student Tuition Payment Plan before their payment due date. http://www.estrellamountain.edu/ecashier/
Disbursements: Excess aid (the amount remaining after all tuition, fees, book advance, and any other related charges are covered) will be disbursed through the MSRP process. Students should not expect their funds any earlier than the third week after their earliest class start, dependent upon the MSRP delivery method selected. Students with late starting classes or overlapping classes from a prior term may have some (or all) of their grant and/or loan disbursements delayed further. Please plan accordingly. MSRP Information https://my.maricopa.edu/msrp My Money Network Customer Service: 1-800-822-4283.
Census Date: Students who are awarded aid by the census date Census date is 01/26/2015 for the Spring 2015 semester cannot have their Pell grant increased for classes added after the census date for that term. This applies to adding classes at EMCC or turning in consortium agreements for classes taken at other colleges. In order to be eligible for Pell grant for the classes the student must be registered by the census date (this applies to late start classes as well) and if applicable the Financial Aid Office must have a completed consortium agreement by the census date. Students who apply for aid after the census date will have their Pell Grant award based on the number of credit hours enrolled on the day their award is calculated.
Book Advances The Book Advance program provides cash advances of Financial Aid Awards to eligible Financial Aid recipients. Eligible students are able to purchase books and supplies with their advances at the on-campus bookstore, at other bookstores, or online. See http://my.maricopa.edu/book-advances/ for more information.
Loans: Students who are expecting a student loan must complete the Direct Loan Master Promissory Note (MPN) before the loan can be disbursed. Seehttp://www.estrellamountain.edu/financialaid/ for MPN instructions. The first disbursement may be delayed if student is enrolled in late starting/modular classes or is a first time student at EMCC. Also note that the date indicated on the MPN is not the actual disbursement date to the student. All Loans are required to have two disbursements, this includes one semester loans.
Consortium Agreements: The STUDENT is responsible to pay the tuition with their own funds at the host (participating) school. The home (parent) school cannot put a hold on classes nor contact the host (participating) school to inform them of anticipated aid. Financial aid must be awarded at the college where the student is attending more than 50 percent of their total credits for that term. Additionally, students requesting loans must be enrolled in at least six credit hours per term at the school awarding the aid. The course work at the host institution may not overlap the end date of the prior term or start date of the subsequent term at the home school.
Note: Classes that do not span the entire length of the semester (16 weeks) could affect your financial aid eligibility (i.e., amounts, disbursement dates, eligibility, etc.)
Southwest Skill Center Financial Aid Disbursement & Book Advance Information
Introducing New Options for Purchasing Books! Beginning August 2011 Maricopa Community Colleges are giving students eligible for financial aid, including scholarships, new choices regarding the purchase of books and supplies. A new process, which will replace the current book voucher program, will provide cash advances of financial aid awards to eligible financial aid recipients. Now students will be able to purchase books and supplies with their advances at the on-campus bookstore, at neighborhood bookstores, or online. Please watch for future messages in your my.maricopa account and your MCCCD gmail account that will provide more details on this exciting new process!
STUDENT LOAN DISBUREMENTS: Loans are funded in two disbursements upon meeting eligibility criteria as follows, First disbursement: after student has completed approximately 30 calendar days of attendance.
Second disbursement: upon completion of half of total program hours and half of total weeks of instruction and successful completion of all classes within time period with passing grades posted. After total program costs (including book charges) are secured any additional Financial Aid funds are disbursed to student as explained below.
LOANS: Students who are expecting a student loan must complete the Entrance Counseling and Direct Loan Master Promissory Note (MPN) before the loan can be disbursed. Go to https://studentloans.gov/myDirectLoan/index.action for Entrance Counseling and MPN instructions. All Loans are required to have two disbursements based on the eligibility criteria. You must allow two weeks for Fiscal processing.
Pell Grant Payments: Pell grants are earned per Clock hour of attendance beginning with the first day of enrollment. Student accounts are credited monthly for total hours of attendance for the prior month based on clock hour rate student was pell eligible for.