Financial Aid Terms and Conditions

The Student Financial Services Office uses your MTC email account to send important information regarding your financial aid status. Students should also log into MyMTC and access MyFinancialAid to manage their Financial Aid package from submission to completion. From MyMTC, you can view the types of aid you have been awarded for the academic year.


The award letter indicates your estimated financial aid awards for the academic year. The Student Financial Services Office awards financial aid according to federal and state regulations, and institutional policies. Your award is an estimate based on a fulltime enrollment status (12 credit hours for both Fall and Spring terms) and six credit hours for the Summer term. Because of limited funding, it is not always possible to meet all of a student's financial need. In accordance with the philosophy of the U.S. Department of Education, financial aid is awarded to supplement the resources of the student and their family. Detailed information regarding the types of financial aid offered can be found in the Student Handbook and/or our financial aid page

YOUR AWARD is contingent upon the availability of funds and the accuracy of the information you provided to the U.S. Department of Education and Midlands Technical College (MTC). Your award may be adjusted without prior notice if new information is discovered. New information that may cause your award to be adjusted includes, but is not limited to, receipt of other forms of financial aid, conflicting documentation, failure to maintain Satisfactory Academic Progress, changes in your enrollment status or changes in federal and state regulations. Notification of any changes to your award will be sent to your MTC email account. You may be held financially responsible for any liability that occurs due to a change in your award.

If there is some aspect of your financial situation that could affect our evaluation of your need, you should bring this to the attention of the Student Financial Services Office. Examples of these situations are a significant reduction or loss of parent, student or spouse's income, loss of a taxed or untaxed income or benefit, or an unusual or unexpected expense not covered by another agency for paid medical care. With proper documentation, we may consider certain unusual circumstances. The Student Financial Services Office insures the confidentiality of student records according to the Family Education Rights and Privacy Act (FERPA) of 1974 (known as the Buckley Amendment). Your family's financial information and the types and amounts of your aid are held in confidence. However, information may be released to other offices and agencies as needed to administer the financial aid programs. Scholarship donors and loan providers are an example of entities that may be given certain information from your financial aid file.


The cost of attendance for a typical academic year (Fall and Spring) is available online. This figure includes not only tuition and fees, but also an allowance for housing, meals, books, supplies, transportation, and miscellaneous expenses. Your actual cost may vary based on your residency, housing arrangements, and course load. MTC will bill you for tuition, fees, and any other authorized charges that may appear on your student account.


You must be enrolled at least half time (six or more credit hours) to be considered for educational loan funds, SC Lottery Tuition Assistance, SC Workforce and Industrial Needs Scholarhip (SC WINS), Supplemental Educational Opportunity Grant, and the SC State Need-Based Grant. LIFE Scholarship recipients must be enrolled in at least 12 credit hours of non-remedial coursework each term, Fall and Spring. First-time, full-year recipients must earn 30 eligible credit hours by the beginning of the next fall term (and maintain a 3.0 Cumulative GPA) for continued eligibility. FINANCIAL AID ONLY ASSISTS WITH THE CLASSES ON YOUR ACTIVE DEGREE PROGRAM.

Limited federal funds are available for students whose enrollment status is less than half time. Initial awards are based on a fulltime enrollment status. If your enrollment status changes, we have the right to adjust any awards offered accordingly.


Some awards require additional steps to be processed and made available to you. Please log into MyMTC, under the Financial Aid section, click View your financial aid. From there you will click Financial Aid to access the database to manage your Financial Aid package from submission to completion. You may view requested documents from the checklist. A description of required documents and links to requested forms are available on the Required Financial Aid Documents page. Delay in submitting requested documents may result in delayed processing and/or loss of these awards.


Students who work in the Federal Work-Study program are required to enroll for at least six credit hours Fall and Spring (3 credit hours during the summer). Community Service opportunities are available under the FWS program. Information about these opportunities is available in the Student Financial Services Office. All students who wish to accept their award must complete a mandatory online orientation. A notification of the orientation and instructions for attendance will be sent to the student's MTC email account. Information about FWS can be found on our website or in the Student Financial Services Office. Failure to follow the required guidelines will result in the cancellation of your award.


Pursuant to federal regulations, the Student Financial Services Office is required to monitor the academic progress of all students applying for federal and/or state financial assistance. Financial aid funds can only be awarded and disbursed to students who are making measurable progress towards the completion of their program of study. Your entire academic record must be considered, regardless of whether or not you received financial assistance. We require that students maintain at least a 2.0 cumulative grade point average, earn at least 67 percent of all hours attempted, and not exceed 150 percent of your current program's required credit hours. Click to read the full Satisfactory Academic Progress policy.



Students with Financial Aid awards that cover their entire tuition and fees are not required to report to the Cashier's Office for fee payment. If you have a credit balance after your tuition and fees have been paid, you may be able to charge books and supplies in the College Bookstore. Log into MyMTC, under the Financial Aid section, in order to check your Bookstore Allowance prior to going to the MTC Bookstore. You must have your student identification number to purchase books and supplies with your financial aid funds. If you wish to opt-out of having any eligible funds automatically sent to the bookstore, please contact our office immediately at 803.738.7792.

Fall 2023 August 14, 2023 - September 1, 2023 Fall 2023, Fall I, FJ I, Fast Track, Weekend Classes
  September 15, 2023 - September 20, 2023 10 Week
  October 13, 2023 - October 20, 2023 Fall II, FJ II
Spring 2024 January 2, 2024 - January 22, 2024 Spring 2024, Spring I, FJ I, Fast Track, Weekend Classes
  February 2, 2024 - February 7, 2024 10 Week
  March 1, 2024 - March 15, 2024 Spring II, FJ II
Summer 2024 May 6, 2024 - May 24, 2024 Summer 2024, Summer I, FJ, 7 Week, Weekend Classes
  June 18, 2024 - June 20, 2024 Summer II, Fast Track

If you prefer to purchase books off-campus, you may stop by the Cashier's Office to request an Advance Book Disbursement. The request must be made before the bookstore charge period begins. The specific dates to request a book check for each semester are as follows:

Fall 2023 July 24 - 28 October 4 - 6
Spring 2024 November 20 - November 30 February 16 & 19
Summer 2024 April 22 - 26 June 7 & 10

Any non-covered amounts must be paid by the end of the fee payment period.

All financial aid you are eligible for, with the exception of a Federal Work-Study award, will be credited to your student account. Once this process has been completed, the Finance Office is responsible for disbursing your credit balance funds (balance after all charges on your student account has been paid) to you. Refunds are processed using BankMobile Disbursements, a technology solution, powered by BMTX, Inc. For more information about BankMobile Disbursements, visit this link: ‚ÄčCredit balance disbursements are processed approximately 30 days after the beginning of each term. Click to view our third party servicer contract for refund management.


If at any time you completely withdraw during a term, you may be required to repay all or a portion of funds received and/or credited to your account. If you owe a repayment to a federal program or are in default on a federal student loan, you are ineligible to receive federal and state assistance. If you have a delinquent or outstanding debt owed to MTC, you will not be able to register, request an academic transcript, or graduate until the obligation to MTC is met.

William D. Ford Federal Direct Loan Program:

All approved loans will be submitted to the National Student Loan Data System (NSLDS) and will be accessible by guaranty agencies, lenders, and institutions determined to be authorized users of the data system.

Returning Student Borrowers:

Returning students must only complete a Direct Lending (DL) Master Promissory Note (MPN) if you are a new borrower to Direct Lending. The MPN is a promise to the lender that you understand you are receiving a loan and that you promise to repay the funds. All loan awards are made assuming you will take and maintain six or more credit hours. If you drop below or enroll in fewer than six credit hours, you will not be eligible to receive the loan proceeds. The Direct Lending MPN should be completed online at

New Student Borrowers:

All new student borrowers must complete a Direct Lending (DL) Entrance Counseling session. The Entrance Counseling session is a tutorial which explains a student's rights and responsibilities as a borrower. New student borrowers must also complete the Direct Lending (DL) Master Promissory Note (MPN) before a loan award will be made. The MPN is a promise to the lender that you understand you are receiving a loan and that you promise to repay the funds. All loan awards are made assuming you will take and maintain six or more credit hours. If you drop below or enroll for fewer than six credit hours, you will not be eligible to receive the loan proceeds. Both the DL Entrance Counseling session and the DL Master Promissory Note should be completed online at

Before graduating, withdrawing, or dropping below half time enrollment, Federal student loan borrowers are required to complete Exit Counseling. Exit Counseling will provide you with valuable information about your rights and responsibilities as a student borrower. Your Exit Counseling may be completed at

Additional loan terms and conditions can be found by visiting


Prior to the fee payment deadline, you should log into MyMTC, go under the Financial Aid section, click View your financial aid to review your awards and balance. If you do not have enough aid to cover your balance by the fee payment deadline, you must make other payment arrangements. The fee payment deadline is posted online on the MTC Calendar and in the semester's Class Schedule. You may contact the Cashier's Office for more information on payment options.

Should you decide not to attend the College, you must officially drop all registered classes. If you do not attend a class but do not officially drop, you will be held responsible for any tuition and fees charged.

Contact the Office of the Registrar to update your records.

You are required to complete a new Free Application for Federal Student Aid (FAFSA) for each academic year. Your financial aid is not automatically renewed from year to year. Visit to renew your FAFSA.


Contact Student Financial Services

Phone: 803.738.7792
Toll-free: 800.922.8038


Airport Student Center | Room 254   
Beltline Student Center | Room 130