Mountainland Applied Technology College (MATC) participates in the following financial aid programs:
Federal PELL Grant
A Federal Pell Grant is award money designed to help undergraduate students pay for education after high school. The award amount depends on your expected family contribution (EFC), the cost of education at your school, whether you are a full-time or part-time student, and whether you attend school for a full academic year. The Federal Pell Grant program is primarily designed to guarantee low and middle-income students, who are eligible for aid, financial access to a college of their choice. Keep in mind that Federal Pell Grants are intended to be the “base funding” upon which eligibility for all other aid is determined. A student may additionally qualify for other types of financial aid even if ineligible for a Pell Grant.
To file for a Pell grant the MATC Registration, Enrollment Agreement, and Financial Aid Application forms supply facts about your previous education, finances, and previous financial aid and must be completed. In addition, you will need to complete a Free Application for Federal Student Aid (FAFSA) to generate a web based SAR (student aid report), which provides facts about your income, family size, assets, etc. Both forms are available from our Financial Aid Office and must be completed for each award year.
Electronic Pell Processing
MATC participates in the Electronic Data Exchange, which provides the ISIR (Institutional Student Information Report) utilized by the Financial Aid Office to determine and ensure Federal Aid eligibility.
Processing the FAFSA (free application for federal student aid)
Based on the information in your FAFSA, the length of your course and the training you will complete in the award year, MATC can calculate the amount of your grant. If your course extends beyond June 30th, the calculation may represent only a portion of your eligibility, and you may be required to file another FAFSA. The government’s Central Processing Center calculates your EFC to determine your eligibility. MATC then receives an Institutional Student Information Report (ISIR) before a grant payment or loan funds can be disbursed. Applications are randomly audited as indicated on the ISIR, and if yours is selected for income/family verification, MATC will assist in expediting the verification process.
Expected Family Contribution (EFC)
Education awards supplement the amount you/your family are able to contribute toward your education budget. To determine your EFC, the Department of Education (ED) evaluates the financial strength of your family. The evaluation is made from confidential data that you and/or your parents provide, including income, assets, family size, and family members attending school, along with your unusual expenses. NOTE: An EFC of $2700.00 may mean that you pay your living costs and only $200.00 toward tuition. Your EFC should be pro-rated, so if your course cost is $1,000, your living cost is $1,000, and your EFC is $500, then 50% of the EFC should be contributed towards your education ($250.00).
Policies and Procedures for Verification
All selected applicants will be verified.
Selected applicants must submit required verification prior to receiving a confirmed aid award.
Students who fail to provide the required documentation within an established time frame, will be treated as a cash-paying student until the documents are provided.
Students who do not meet the deadline and are not capable of making a cash payment at the end of the deadline, will be dismissed from the College.
A student may re-enter the College only when he/she can provide the documentation.
Students will be given a clear explanation of the documentation needed to satisfy the verification requirements and the process for document submission.
The College will inform students in a timely manner of the consequences of failing to complete the verification requirements and the actions the College will take if the student does not submit the requested documentation within the time period specified by the College.
Students will be informed of their responsibilities regarding the verification of application information, including the College’s deadline for completion of any actions required.
Students will be notified if the results of verification change the student’s scheduled award.
The College will assist the student in correcting erroneous information.
A suspected case of fraud will be reported to the Regional Office of the Inspector General, or, if more appropriate, to a State or local law enforcement agency having jurisdiction to investigate the matter. Referrals to local or state agencies will be reported on an annual basis to the Inspector General.
No interim disbursements of Title IV aid will be made prior to the completion verification.
The Student Financial Aid Office reserves the right to make exceptions to the above stated policies due to extenuating circumstance, on a case-by-case basis.
Once MATC receives all of the information from your FAFSA, which is electronically transmitted through ED, the FA Representative will prepare a preliminary award for your review prior to processing aid (refer to other eligibility requirements below).
Federal Student Education Opportunity Grand Aid (FSEOG) Program
A Federal SEOG Grant is award money designed to help undergraduate students pay for education after high school. The award amount depends on your expected family contribution, the cost of education at your school, the amount of financial aid awarded, and whether you attend school for a full academic year. Keep in mind that Federal SEOG Grants are for those students who are deemed “most needy.” You may qualify for other types of financial aid even if you are ineligible for a FSEOG Grant.
State Grant Aid Programs
UCOPE is a state-funded, need-based grant and work-study financial aid program designed to be an additional source to preserve access at the lower socioeconomic levels. The UHEAA Grant is a state-funded, need-based program intended to benefit students with the highest need and may be reserved to assist in emergency situations. NOTE: Both state grant program allocated amounts are determined annually and may or may not be available during some calendar years.
Other Scholarship Aid Programs
Other financial resources that should be considered include scholarship aid that may be available through high school organizations; church groups; and other civic or social organizations. Often companies provide scholarship aid for the children of their employees. It is imperative to defray educational expenses by preparing through part-time work and by not overlooking other possible financial resources. The MATC Placement Department will assist students in locating part-time employment while enrolled in the college and maintaining satisfactory attendance and academic progress.