Financial Aid Fees and Deadlines

See also: Tuition and Fees for TMCC Admittance

Applications for Federal Financial Aid (FAFSA) may be completed at anytime.

Students are encouraged to apply as soon as they have completed their current Federal Income Tax Return.

There is no priority funding deadline; we process applications on a first-come, first served basis. However, to be considered for early funding, we recommend that you apply in January and have your file complete by mid-April. You will then be considered for aid for the following academic year.

General Financial Aid Disbursement

Fall 2009

• July 1, 2009 - deadline for completion of financial aid file, to ensure eligible students will receive aid in time for fall. Students completing their files after this date will be expected to pay their own fees and will be reimbursed after they are eligible.
• Aug. 14, 2009 - financial aid fall residual checks will begin being mailed to students. Students who have a problem obtaining satisfactory progress will experience a delay receiving their funds.

Spring 2010

• Dec. 1, 2009 - deadline for completion of financial aid file, to ensure eligible students will receive aid in time for fall. Students completing their files after this date will be expected to pay their own fees and will be reimbursed after they are eligible.
• Jan. 15, 2010 - financial aid spring residual checks will begin being mailed to students. Students who have a problem obtaining satisfactory progress will experience a delay receiving their funds.

Loan Disbursement

All loan checks will be mailed. All loans are released in two disbursements. Loans for the entire academic year (including fall and spring semesters) will be disbursed in two equal payments, one in the fall and one in the spring. Loans for only one semester (fall or spring semester) will also be disbursed in two payments. Federal regulations stipulate that loan checks for freshman first-time borrowers cannot be released until 30 days after the first official day of classes.

Fall 2009

• Aug. 14, 2009 - loan checks for second-time borrowers begin to be mailed.
• Sept. 23, 2009 - loan checks for freshman first-time borrowers begin to be mailed.
• Oct. 21, 2009 - second disbursement checks for fall semester-only loans begin to be mailed.

Spring 2010

• Jan. 15, 2010 - loan checks for second-time borrowers begin to be mailed.
• Feb. 24, 2010 - loan checks for freshman first-time borrowers begin to be mailed.
• March 24, 2010 - second disbursement checks for spring semester-only loans begin to be mailed.

The loan disbursement dates listed above are for students attending the traditional standard terms with fall semester beginning on Aug. 22, 2009 and spring semester beginning on Jan. 23, 2010. If you are enrolled in a program that does not begin on the traditional standard dates, then you must check with the financial aid office for specific disbursement dates. For more information, please contact us.