Financial Aid

• Grants
  • Pell Grants

    Pell Grants are awarded to undergraduate students who have not earned a bachelor's or professional degree. (A professional degree would include a degree in a field such as medicine, law, or dentistry.) For many students, Pell Grants provide a foundation of financial aid to which other aid may be added.

    Eligibility Requirements:

    • Show exceptional financial need.
    • Have a high school diploma or a General Education Development (GED) certificate.
    • Be enrolled or accepted for enrollment as a regular student working toward a degree or certificate in an eligible program. (Students may not receive aid for correspondence or telecommunications courses unless they are part of an associate, bachelor's, or graduate degree program.)
    • Be a U.S. citizen or eligible non-citizen.
    • Have a valid Social Security Number.
    • Make Satisfactory Academic Progress.
    • Sign a statement on the Free Application for Federal Student Aid (FAFSA) certifying that federal student aid will only be used for educational purposes.
    • Sign a statement on the FAFSA certifying that the student is not in default on a federal student loan and that the student does not owe money back on a federal student grant.
    • Register with the Selective Service, if required. (If you are a male 18-25 years of age and you have not yet registered with Selective Service, you can give Selective Service permission to register you by checking a box on the FAFSA or register online.)

    Eligible students can receive the Pell Grant for a maximum of six years as a full-time student or its equivalent. For more information about award maximums and the number of Pell Grants you can receive, visit studentaid.ed.gov. How much you qualify for will depend not only on your Expected Family Contribution (EFC) but also on your cost of attendance, whether you're a full-time or part-time student, and whether you attend school for a full academic year or less. You may not receive Pell Grant funds from more than one school at a time.

    To apply, students should complete the FAFSA, list the MCC school code (003590), and the Office of Financial Aid will notify the student if he/she is eligible for a Pell Grant.

  • Federal Supplemental Educational Opportunity Grant (FSEOG)

    This federal grant was designed to provide financial assistance to undergraduate students with exceptional financial need.

    Eligibility Requirements:

    • Show exceptional financial need.
    • Have a high school diploma or a General Education Development (GED) certificate.
    • Be enrolled or accepted for enrollment as a regular student working toward a degree or certificate in an eligible program. (Students may not receive aid for correspondence or telecommunications courses unless they are part of an associate, bachelor's, or graduate degree program.)
    • Be a U.S. citizen or eligible non-citizen.
    • Have a valid Social Security Number.
    • Make Satisfactory Academic Progress.
    • Sign a statement on the Free Application for Federal Student Aid (FAFSA) certifying that federal student aid will only be used for educational purposes.
    • Sign a statement on the FAFSA certifying that the student is not in default on a federal student loan and that the student does not owe money back on a federal student grant.
    • Register with the Selective Service, if required. (If you are a male 18-25 years of age and you have not yet registered with Selective Service, you can give Selective Service permission to register you by checking a box on the FAFSA or register online.)

    Awards range up to $1,000 per year at McLennan. To apply, students should complete the FAFSA, list the MCC school code (003590), and the Office of Financial Aid will notify the student if he/she is eligible for a Pell Grant.

  • Texas Educational Opportunity Grant (TEOG) Program

    These grants are provided by the Texas Legislature to provide grant aid to financially needy students. To receive an initial award, a student must:

    • Be registered with the Selective Service or be exempt;
    • Have a nine-month EFC of no more than $5,088;
    • Be classified by the institution as a Texas resident;
    • Have not been convicted of a felony or crime involving a controlled substance;
    • Not be concurrently receiving a renewal Texas Grant; and
    • Be enrolled at least half time and in the first 30 hours (or its equivalency) of an associate degree or certificate program (excluding credits for dual enrollment or by examination).

    To receive a renewal award through the TEOG Program, a student must:

    • Be enrolled at least half time as a student who previously received a TEOG award and has not yet been granted an associate degree or baccalaureate degree;
    • Be classified by the institution as a Texas resident;
    • Have not been convicted of a felony or crime involving a controlled substance;
    • Not be concurrently receiving a renewal Texas Grant; and
    • Have maintained Satisfactory Academic Progress for this program, defined as:
      • 2.5 cumulative GPA and
      • 75 percent successful completion of attempted hours

    Satisfactory Progress for the TEOG program is calculated differently than satisfactory progress for the other financial aid programs.

    The maximum award varies each year and the award is adjusted based upon enrollment status.

  • Texas Public Educational Grants (TPEG)

    These grants, which are awarded based on financial need and availability of TPEG funds, generally cover tuition and fees. Students must be enrolled for at least six semester hours of college-credit course work or the equivalent during each semester. Summer students (or continuing students who declare their intent to enroll at McLennan in the following fall semester), must enroll in at least six semester hours during a nine-week term or four semester hours during a six-week term. A limited number of awards may be available to less-than-half-time students.

• McLennan Community College Foundation Scholarships

  The McLennan Community College Foundation is a 501(c)(3) not for profit organization independent of the college. It offers a wide variety of scholarships, including the Presidential Scholars program and the Bernard & Audre Rapoport McLennan Community College First Generation Scholarship program.

  For a complete list and instructions on how to apply, visit the Foundation scholarship website.

  • Presidential Scholars

    The Presidential Scholars Program provides scholarships to as many as 20 students who are high school graduates, General Educational Development (GED) Test completers or currently enrolled college students. Students who have demonstrated scholastic ability (B average or higher) and academic potential are eligible to apply. The scholarship shall pay for tuition, fees and books.

    The recipient shall begin using the scholarship no later than the fall semester following receipt of the scholarship. A cumulative grade point average of 3.0 shall be required to maintain the scholarship. Students receiving the Presidential Scholarship shall meet with the President of the college regularly and act as ambassadors for the President of the college at designated events.

    For more information, visit the website.

  • First Generation Scholars

    The Bernard and Audre Rapoport McLennan Community College First Generation Scholarship Program coordinates with family and community foundations to provide scholarships of up to $1,000 per semester for up to four semesters for students who come from families with no college experience.

    A 3.0 GPA is required to enter and remain in the program. There are also course requirements for the summer immediately preceding the fall semester of the freshman year. Students who successfully complete the First Generation Program may also be eligible for additional scholarships at four-year institutions for bachelor's degrees.

    For more information about the program, visit the website.

• McLennan Scholarship Programs
  • McLennan Honors College

    McLennan Honors College brings together a community of motivated and gifted learners whose interests are served through an interdisciplinary program of academic inquiry that is both challenging and nurturing.

    For more information about the program and how to apply, visit the Honors College website.

  • McLennan Scholars Program

    The college offers scholarships to students graduating in the top 10 percent of each accredited high school class in McLennan County or to the top five students in each graduating class, whichever represents the greater number. If the class has fewer than 21 students, the top two students will receive the scholarship. Students are identified for these scholarships by their respective high schools, so no application is necessary. Recipients are notified by the Office of Financial Aid and their high school principals.

    The scholarship is valid for four long semesters after graduation from high school, and recipients must begin using their scholarship no later than the fall semester immediately following graduation from high school. The scholarship covers tuition and fees. Recipients must attend school full time and maintain a 3.0 grade point average.

    For more information, visit the McLennan Scholars website or contact your high school counselors.

  • Departmental Scholarships

    Scholarships in music, theatre, visual arts and athletics (including the McLennan Dance Company) are offered to outstanding students in these areas. Recipients are selected by a departmental committee or the appropriate director. For more information, contact the program director in the respective department.

• Waco Foundation Scholarship

  The MAC Grant

  Funded through gifts from Mr. and Mrs. Malcolm Duncan Sr. to the McLennan Community College Foundation, the MAC Grant pays McLennan tuition, books, and fees for any McLennan County high school graduate not receiving other financial aid. The MAC Grant requires a student to complete the Free Application for Federal Student Aid (FAFSA) to determine eligibility. To apply for a MAC Grant, students should contact The Waco Foundation, 900 Austin Ave., Suite 1000, Waco, TX 76701, or call 254-752-9457 for more information.

  The application deadline is usually May 1 of the student's senior year.

  Students may also apply for MAC Grant transfer scholarships for the third and fourth years of college. Students must have applied for a MAC Grant by May 1 of their senior year in high school and must apply for the MAC Grant transfer scholarship by Dec. 1 of their sophomore year at McLennan.

• Financial Assistance through Income Tax Credits

  Education tax credits can help offset the costs of higher education for yourself or a dependent. The Hope Credit and the Lifetime Learning Credit are two education credits available that may benefit you. Because they are credits, rather than deductions, you may be able to subtract them in full dollar-for-dollar from your federal income tax.

  For more information about the Hope Credit and Lifetime Learning Credit, including credit amounts and requirements, see IRS Publication 970, Tax Benefits for Education, which can be obtained online at www.irs.gov or by calling the IRS at 800-TAX-FORM (800-829-3676).

• Federal Direct Loan Programs
  • Federal Direct Subsidized Stafford Loan

    The purpose of the Federal Direct Subsidized Stafford Loan is to provide low-interest educational loans that enable a student to pay the cost of attendance at a public, private, or nonprofit college or university. The federal government pays the interest on these loans while a student is in school, during a grace period, and during authorized periods of deferment.

    Eligibility Requirements:

    • Be a U.S. citizen or an eligible non-citizen.
    • Complete a FAFSA and be eligible to receive federal financial aid.
    • Be enrolled at least half time.
    • Meet Satisfactory Academic Progress requirements.
    • Must not owe a refund (also called an "overpayment") on any federal grant program or be in default or delinquent on a previously obtained federal student loan.

    Annual Loan Limits:

    • First-year undergraduates ------------------ $3,500
    • Second-year undergraduates --------------- $4,500
    • Aggregate limit for undergraduate students -- $23,000

    Beginning July 1, 2013, all new borrowers in the Direct Subsidized Loan program will have eligibility limited to 150 percent of the time required for a degree. For example: A student in a two-year associate degree program will be eligible for only three (3) years of Subsidized Loan eligibility. A student in a one-year certificate program would have only one-and-a-half (1 1/2) years of eligibility for the loan.

    An origination fee is deducted from the proceeds of each loan disbursement. There are no guarantee or insurance premium fees. Loans that are first disbursed on or after July 1, 2015, will have a fixed annual (simple interest) rate for the life of the loan. The interest rate will change each spring. The borrower is not responsible for the interest accrued while he/she is enrolled at least half time, during the six-month grace period, and during certain authorized deferment periods. Interest is not capitalized at any time and may be paid as it accrues

    Repayment of the loan begins six months after the student ceases to be enrolled at least half time. The loan repayment schedule will require a minimum monthly payment of $50 or an amount required to repay the loan plus interest within 10 years, whichever is greater. Borrowers may be eligible for postponement of loan repayment under certain circumstances.

  • Federal Direct Unsubsidized Stafford Loan

    The purpose of the Federal Direct Unsubsidized Stafford Loan is to provide low-interest educational loans that enable a student to pay the cost of attendance at a public, private, or nonprofit college or university. The borrower is responsible for interest that accrues while in school, during a grace period, or during authorized periods of deferment or forbearance.

    Eligibility Requirements:

    • Be a U.S. citizen or an eligible non-citizen.
    • Completed a FAFSA.
    • Be enrolled at least half time.
    • Meet Satisfactory Academic Progress requirements.
    • Must not owe a refund (also called an "overpayment") on any federal grant program or be in default or delinquent on a previously obtained federal student loan.

    Annual Loan Limits:

    • First-year undergraduates ------------------ $6,000
    • Second-year undergraduates --------------- $6,000
    • Aggregate limit for undergraduate students -- $57,500 (including up to $23,000 of Subsidized Direct Loans)
    • Students considered dependent for financial aid may only borrow $2,000 more than the Subsidized loan amounts listed above from the Unsubsidized Loan Program.

    An origination fee is deducted from the proceeds of each loan disbursement. There are no guarantee or insurance premium fees. Interest accrues from the date the funds are issued until the loan(s) are paid in full. Interest is capitalized if it is not paid as it accrues.

    Repayment of the loan begins six months after the student ceases to be enrolled at least half time. The loan repayment schedule will call for a minimum monthly payment of $50 or an amount required to repay the loan plus accrued/capitalized interest within 10 years, whichever is greater. Borrowers may be eligible for postponement of loan repayment under certain circumstances.

  • Federal Parental Loans to Undergraduate Students (PLUS)

    The purpose of the PLUS loan is to enable parents with good credit histories to borrow to pay the educational expenses of their dependent undergraduate students. To be eligible, parents must:

    • Be a U.S. citizen or an eligible non-citizen
    • Have student(s) enrolled at least half time.
    • Have student(s) who are meeting the Satisfactory Academic Progress requirements of the college or university.
    • Have good credit.
    • Are not in default or owe a refund (the financial aid office may call this an "overpayment") to any student financial assistance program.
    • The parent seeking the PLUS loan must pass a credit evaluation in order to be eligible to qualify for this loan.

    Applicants do not have to show financial need. The PLUS may be used to cover the family's expected contribution (EFC). The amount of PLUS combined with other financial assistance cannot be greater than the cost of attendance.

• Institutional Loan Program

  Short-Term Emergency Loan
  This loan is available to a limited number of students to assist in meeting emergency financial demands. The loan is offered on a short-term basis, not to exceed 60 days, when other funds are expected but currently unavailable. This enables the student to continue his/her educational pursuits.

  Students should be enrolled for at least six semester hours and maintain Satisfactory Academic Progress. Loans generally do not exceed $250 and are due before the end of the semester in which they are made.

• Student Employment
  • Federal Work-Study Program

    The Federal Work-Study Program provides jobs for undergraduate and graduate students with financial need, allowing them to earn money to help pay education expenses. The program encourages community service work and work related to the course of study. In order to be eligible, students must:

    • Complete the Free Application for Federal Student Aid (FAFSA) and have financial need.
    • Have a high school diploma or a General Education Development (GED) certificate, pass a test approved by the U.S. Department of Education or meet other standards your state establishes that are approved by the U.S. Department of Education. (See the financial aid administrator at the college for more information.)
    • Be enrolled or accepted for enrollment as a regular student working toward a degree or certificate in an eligible program. (Students may not receive aid for correspondence or telecommunications courses unless they are part of an associate's, bachelor's, or graduate degree program.)
    • Be a U.S. citizen or eligible non-citizen.
    • Have a valid Social Security Number.
    • Make Satisfactory Academic Progress.
    • Sign a statement on the FAFSA certifying that federal student aid will only be used for educational purposes.
    • Sign a statement on the FAFSA certifying that the student is not in default on a federal student loan and that the student does not owe money back on a federal student grant.
    • Register with the Selective Service, if required. (If you are a male 18-25 years of age and you have not yet registered with Selective Service, you can give Selective Service permission to register you by checking a box on the FAFSA or register online.)
  • State Work-Study Program

    The State Work-Study Program was created to provide part-time jobs to eligible students with financial need to enable them to attend college.

    Eligibility Requirements:

    • Be a Texas resident.
    • Show financial need.
    • Register for the Selective Service or sign a statement that you are exempt from this requirement.
    • Enroll at least half time.

    To apply, complete the Free Application for Federal Student Aid (FAFSA). The financial aid office will determine eligibility and notify eligible students.

  • Non-Work-Study Program

    This program provides on-campus work opportunities for a limited number of students with special skills, i.e., tutoring, lab assistants, etc. Financial need is not a factor in this program.

• Up to $1,000 Tuition Rebates for Certain Students

  Students who are pursuing a baccalaureate degree from a Texas public four-year university may qualify to receive up to a $1,000 rebate of tuition paid at the time that they receive their bachelor's degree. To be eligible, a student must meet all of the following criteria:

  • Enrolled for the first time in college in the Fall 1997 semester or later.
  • Must be requesting a rebate for work related to a first bachelor's degree received from a Texas public university.
  • Must have been a resident of Texas.
  • Must have attempted all course work at a Texas public institution.
  • Must have been entitled to pay resident tuition at all times while pursuing the degree.
  • Must have attempted no more than three hours in excess of the minimum number of semester credit hours required to complete the degree under the catalog under which they were graduated.
  • Must apply for the rebate prior to receiving their bachelor's degrees on forms provided by the school.
  • Student is solely responsible for enrolling only in courses that will qualify them for the rebates.

  The institution that grants the bachelor's degree is the institution that will pay the rebate to students. Students can be eligible by transferring from a two-year public institution to a four-year institution by following the above rules and providing a copy of the transcript to the four-year school.

  The amount of the rebate may be reduced by the amount of any outstanding student loan owed to or guaranteed by the state, including the Texas Guaranteed Student Loan Corp.

  For more information, contact Student Development at 254-299-8614.

• Veterans Services

  McLennan is an approved training facility for veterans and their dependents under the provisions of the various public laws commonly referred to as the GI Bill and Dependents Educational Benefits. For more information, visit our Veterans website.

Satisfactory Academic Progress Policy