Academic Catalog

Student Financial Services


The staff of the Student Financial Services Office at Midlands Technical College is committed to providing high-quality service to students, the college and the community. Staff members are dedicated to assisting students with their educational financial needs and serving the community in which the college is located.

Financial Assistance at MTC

Financial assistance at MTC is designed to help students and their families bridge the gap between their own resources and the cost of obtaining a high-quality education. Financial assistance is provided by federal and state governments, the MTC Foundation and private scholarships. All correspondence from Student Financial Services will be sent to students through their official college email accounts. It is the responsibility of each student to check his or her email account regularly for important information impacting their financial aid awards.

Applying for Financial Assistance

The first step in applying for financial assistance is completing the Free Application for Federal Student Aid (FAFSA). Students should complete the FAFSA online at Additional information is available on the Student Financial Services website at MIDLANDSTECH.EDU/financial-aid-and-tuition. The FAFSA provides important information necessary to determine a student’s eligibility status, award amount and the Expected Family Contribution (EFC). The EFC is the dollar amount that the student and/or the student’s family are expected to contribute towards paying for the student’s education, based on federal methodology. The amount of need-based financial aid a student can receive is the difference between the Cost of Attendance (COA) minus the EFC and any other source of aid such as scholarships.

Cost of Attendance (COA) - (EFC and other aid) = Financial Need

The cost of attendance for MTC can be found on the Student Financial Services website at MIDLANDSTECH.EDU/financial-aid-and-tuition/student-cost-estimates. The cost of attendance includes tuition, fees, books, supplies, room, board, transportation and personal expenses as determined by the Office of Student Financial Services. Individual student costs depend on factors such as residency, enrollment status, housing arrangements and program of study.

Because some financial aid funds are limited, it is not always possible to meet a student’s full financial need. Therefore, all students are encouraged to apply early each year to make sure they are awarded the best possible financial aid package they are eligible to receive. The priority processing deadline for completed applications for the fall semester is April 15 each year and November 15 for the spring semester. Check the Student Financial Services website for more information regarding priority processing deadlines. No financial aid award can be made until the college’s financial aid application process is completed. A completed application is defined as one that has been received, reviewed, found free from errors and does not require additional verification information. When completing the FAFSA, students should use the MTC school code 003993. Applicants should save all records and other materials used in applying for aid, including income tax documents. These documents may be needed later if the applicant is selected for a process called “verification.”

Financial Aid Awards

Once the file is complete, the applicant will be notified by email regarding his or her financial aid award status. Students may also check their award status online, at mymtc.MIDLANDSTECH.EDU. The award notification will list the type(s) and estimated amount(s) of assistance the student is eligible for based on enrollment information at the time of the award. All financial aid awards are subject to change if the information upon which they were based changes or federal or state regulations require a change. Awards will be based on the cost to attend MTC and the results of the FAFSA. Students should become familiar with the terms and conditions Information, which is available online at Students should check the Student Financial Services website frequently for important information such as application deadlines. They should also check mymtc.MIDLANDSTECH.EDU to review their award status and balance due prior to the fee payment deadline to ensure classes are not dropped for non-payment.

Title IV Repayment

If a student completely withdraws or is administratively withdrawn from all courses prior to completing 60 percent of the semester, the total federal aid disbursed (excluding Federal Work-Study earnings) will be subject to a return of Title IV funds calculation as specified in Section 484B of the Higher Education Act. Based on this calculation, the student may be required to repay to the institution and/or the Department of Education a portion of the funds received. Students completely withdrawing but who plan to attend a future shorter session within the same semester should notify the Office of Student Financial Services in writing. Failure to repay this debt will result in a loss of financial aid eligibility. Students with an unpaid debt to the institution will not be allowed to register until the debt has been satisfactorily resolved.

Financial Aid Disbursements

Aid listed on the award notice, with certain exceptions such as Federal Work-Study, will be credited to the student’s account. Credit balance refunds will be issued for any remaining funds after tuition, fees, bookstore charges and any other authorized charges are deducted from the student’s award. Students should check the Student Financial Services website for disbursement dates. Credit balance refunds will be issued to students at the student’s selected refund preference. It is the student’s responsibility to ensure mailing address accuracy with the Student Records Office and to make a refund selection preference at

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