Financial Aid


Bay Mills Community College offers a variety of federal, state, and local scholarships, grants, and work study opportunities. Many students are eligible for financial aid and should apply to find out what financial aid may be available.

Most financial aid is based on need and is intended to assist students whose families cannot pay all, or perhaps any, of the college costs. The difference between what it costs to attend BMCC and what a student and his/her parents can reasonably contribute is considered the student's unmet need.

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Types of Financial Assistance


BMCC offers three types of financial aid funds:
  • Scholarships: Non-repayable money usually based on academic performance and demonstrated financial need. Grants: Non-repayable money usually based only upon demonstrated financial need.
  • College Work Study: Part-time work during the school year. Evidence of financial need is usually a requirement. These types of assistance are often combined to form a financial aid "package." The aid "package" is designed to make up any difference between the school expenses and the expected family contribution. In the packaging process, each eligible student may receive scholarship and/or grant aid, as well as work-study student funds.



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Financial Aid Eligibility

The Federal Government has determined that financial aid will be made available only to those students who have received a high school diploma, earned a GED, or demonstrated an ability to benefit from college by achieving passing scores on an acceptable entrance examination.

In order to be eligible for financial aid, a student must:

  1. Be a U.S. Citizen or, "eligible non-citizen".
  2. Be accepted for admission to BMCC.
  3. Submit documentation to complete the student's financial aid file.
  4. Be enrolled for the minimum number of credit hours needed to fulfill program requirements.
  5. Maintain satisfactory academic progress in the course of study being pursued.
  6. Be registered with the Selective Service, if required by law.
  7. Not be in default on any Title IV loan or owe a repayment on any Title IV grant received for attendance at any institution.
  8. Complete the Anti-Drug Abuse Certification Statement.

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How to Apply for Financial Aid

To apply for financial aid, students must obtain a financial aid packet from the Financial Aid Office; complete the forms enclosed and submit the packet according to the instructions. Students must also submit to the Financial Aid Office all requested documentation needed to complete their financial aid file.



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When to Apply


The priority deadline for filing your Free Application for Federal Student Aid (FAFSA) and having a complete financial aid application on file is June 30 of each year. If you have other sources of financial aid, such as a direct pay by your tribe or employer, please submit a copy of the documentation to the Financial Aid Office by August 1 of each year. If you only plan to attend in the winter semester, please complete the FAFSA by October 31 and provide authorization of other financial aid by December 1.

If you miss the financial aid deadline, you may still apply for financial aid during the academic year or semester you are enrolled. However, you will be required to pay for your books at the time of purchase. If you are an Internet student, you will also be required to pay your tuition and fees. You cannot apply for financial aid after the year or semester you are attending has ended.


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Financial Aid Refund Check Distribution Schedule

If you do receive financial aid, we will apply the financial aid to your college bill first and if you have a credit, we will issue a refund check. Refund checks will be issued in accordance with the following schedule:

If your financial aid file is complete or other financial aid is received by:

 

Check will be issued on:

September 1

September 30

September 30

October 15

October 15

November 15

November 15

December 15

December 15

January 31

January 31

February 15

February 15

March 15

March 15

April 15

April 15

May 15

Refund checks will be issued on the next business day if the date listed falls on a weekend or a holiday.

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Satisfactory Academic Progress Policy


This policy can be very confusing because it is discussing three types of probationary status; they are (1) Satisfactory Academic Progress probation and (2) Academic Probation, either of which can result in you being placed on (3) financial aid probation. Your satisfactory academic progress will be reviewed on an annual basis and your academic standing will be reviewed each semester, so there is the possibility that you could be placed on financial aid probation each semester. Please contact your faculty advisor or financial aid personnel should you have any question on this combination of policies.

For more information, click here to view the entire policy

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Omnibus Drug Initiative Act

All students receiving Federal Financial Aid are required to certify that they will not engage in the unlawful manufacture, distribution, dispensing, possession, or use of a controlled substance while a student at BMCC. This act gives courts the authority to suspend eligibility for federal student financial aid when sentencing a student who has been convicted of a drug- related offense.




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Financial Aid Refund Policy


If a student withdraws from school during the college refund period and the student has received Title IV Federal Financial Aid monies, the following procedure applies. The refund is applied to the programs which have paid the tuition in the following order if tuition was paid from more than one Title IV source: 1) PELL, 2) SEOG.

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Right to Appeal

If your unsatisfactory progress was due to extenuating circumstances, you must appeal your Financial Aid Suspension by the deadline for appeals stated in the notification letter. You must submit your appeal in writing to the Director of Financial Aid stating the reason for your unsatisfactory progress and in what way the situation has now been rectified, while attaching any appropriate documentation to your letter.