Steps to Financial Aid


Financial Aid Checklist

  • The FAFSA is completed online through https://studentaid.gov/. (Computers are available on MCC's campus for you to use.)
  • You can save, correct and retrieve your application for up to 45 days after you begin it using the password you enter when you first start the application.

  • To check the status of your FAFSA, go to https://studentaid.gov/ and click Login or call the Federal Student Aid Information Center at 800-433-3243.
  • You can check the status of your FAFSA immediately after submitting it online. If you didn't’t use a PIN and chose to mail a signature page instead, you can check the status 7-10 days from the date it was mailed.
  • After your FAFSA has been received by MCC, it can take several weeks to process. Check your email or in WebAdvisor to view your award letter with your amount of financial aid.

Check in WebAdvisor under Missing Documents to find any forms or other documents that must be submitted to the Financial Aid Office before your FAFSA can be processed.

If you are selected for verification, please be aware that federal requirements no longer allow the submission of IRS tax returns to complete verification requirements. You must submit an official IRS Tax Return Transcript, which you can request at www.irs.gov. It may take several weeks to receive the transcript. If you have filed an amended tax return, please contact the Financial Aid Office (254-299-8698 or financial_aid@mclennan.edu) for assistance and instructions.

  • This award letter is e-mailed to you, so be sure the e-mail address you provide to MCC is current. Your award letter is also posted on your account in WebAdvisor.
  • This award letter provides details on the programs for which you are eligible and the amount of money you will receive.
  • If you have been awarded a Federal Direct Loan, you must complete the Master Promissory Note (MPN) and Loan Entrance Counseling before you can receive the loan funds. For assistance regarding the entrance and exit counseling, please call 800-557-7394.

  • Go to WebAdvisor and under Financial Aid, click on "Accept or reject my financial aid awards." Choose the school year and then choose whether you want to accept or reject each loan.
  • If you accept a loan, you'll also need to complete a Master Promissory Note (MPN) and Loan Entrance Counseling through the federal government.
  • You must be enrolled at least half time (6 credit hours per semester) to be eligible to receive loans.

  • MCC disburses all financial aid balances through each student's Highlander OneCard. Visit www.HighlanderOne.com to select one of the following disbursement options:
    1. Open a OneAccount checking account through Higher One and have all refunds and financial aid credited automatically to that account on the day funds are disbursed.
    2. Have your funds directly deposited to the bank of your choice through Higher One and receive funds within one to three business days from the disbursement date.

  • Check the Dates & Deadlines to find out when refunds will be disbursed for each semester.
  • If you are a first-time loan borrower, you will receive your loan disbursement after the first 30 calendar days of the semester have elapsed.
  • If you are borrowing a loan for a single semester, your disbursement will be divided into two equal payments. The second disbursement will occur at about the mid-point of the semester.

  • Maintain satisfactory academic progress in order to keep your financial aid.
  • Make sure your contact information is current in WebAdvisor so the Financial Aid Office can get in touch with you if necessary.
  • Remember to re-apply for financial aid every academic year well before the deadline.