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Glossary of College and Financial Aid Terms
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  Ability to Benefit
Basis on which a student without a high school diploma or recognized equivalent may qualify for financial aid. At MCC specific scores from the placement test constitute a student’s ability to benefit.
  Academic/Registration Calendar
A set of dates established and published by the college indicating when classes are held, holidays, recesses, due dates, etc. MCC has a fall and winter semester of 15 weeks each, and a spring session and summer session of 7 1/2 weeks each.
  Academic Year
The school year begins with Summer semester (July) and ends with the Spring semester (June).
  Accreditation
Recognition by a state, regional, or national organization that the college or one of its programs is approved. The North Central Association and the National League for Nursing are examples.
  Admission
The process a student takes to apply to college. Students interested in applying for MCC may contact the Admissions Office to complete the admissions process at (810) 762-0315.
  Advisor
A member of the college faculty appointed to help students with their educational planning and registration.
  Articulation (High School)
Credit may be granted when a written agreement assures that the content of the high school course and the student outcomes and competencies, as certified by high school teachers, are similar to those of the community college.
  Articulation (College and University)
Agreements with college and universities that specify a course taking plan, that when followed by a student at MCC, results in a seamless transfer of credits for the student to their program of study at the university.
  Assessment
A process designed to identify a student’s level of competence or preparation to do college work.
  Associate’s Degree
The degree given for completing a program of at least 62 credits but less than 124 credits of college study. MCC grants four different Associate’s Degrees — Associate of Arts, Associate of Science, Associate of Applied Science and Associate of General Studies.
  Audit
Registering in a credit class and attending regularly but not taking examinations. No credits are earned and the student receives an “N” grade. Tuition is the same as for taking the class for credit. Audit classes are not eligible for financial aid.
  Award Notification
An official document from the Student Financial Services that indicates the type and amount of financial aid awarded to a student per semester in an academic year.
  Bachelor’s Degree
The degree granted for completing a program requiring at least 124 credits of undergraduate study. Also called Baccalaureate degree. Mott Community College provides the first 2 years of most bachelor’s degree programs.
  Blackboard
A Learning Management System (LMS) designed to deliver course materials to students through a computer. Faculty have the option of posting course materials in Blackboard for their classes for students to access. Blackboard is used in both campus and e-Learning courses.
  Board of Trustees
Seven people elected by the voters in the college district who serve as the governing body of the college.
  Catalog
The official college publication identifying policies, procedures, programs, courses, faculty, admissions, etc.
  Certificate of Achievement
An award conferred for completing a program of study that is generally about 30-40 credits.
  Change of Program
A procedure whereby a student officially changes his/her declared program of study.
  Class load
The number of credits a student has registered for in a single semester or session.
  Class Schedule Booklet
A published list of courses offered during a semester or session.
  Class Schedule Worksheet
Registration form on which a student lists the sections and times for the courses in which he or she wishes to register.
  Contact Hour
The amount of course class time used to calculate tuition charges. Financial Aid does not use contact hours when determining and calculating financial aid eligibility.
  Corequisite
A course that must be taken at the same time as another course.
  Cost of Attendance
The total amount it costs a student to go to school. This amount is used by financial aid when determining eligibility for need-based aid. The cost of attendance or budget includes tuition & fees, books, transportation, room & board and miscellaneous expenses.
  Counselor
A faculty member licensed by the state of Michigan to provide personal, career, and educational counseling. Also provides orientation, testing, advising and instruction in student development courses.
  Course Numbers
The letters and numbers assigned to each course for identification. For example, ENGL 101 and PSCN 171.
  Credit Hour
Credit given for a course completion toward graduation. Financial Aid eligibility is determined and calculated based on credit hours of enrollment.
  Curriculum
Specific courses and academic credits leading to a certificate or degree. Also see Program of Study.
  Course Fee
Fee associated with a specific class for additional costs that are incurred using specialized equipment or laboratory supplies.
  Date of Record
Specific date during a semester when credit hours enrolled are reported to the State of Michigan. Credit hours enrolled as of the date of record will be reflected on the academic transcript. See Academic/Registration Calendar to determine the date of record for a particular semester.
  Dean’s Honors List
A list of all the students who have earned 12 credits at MCC, excluding courses with “S” grades, and who have completed at least six credits in the preceding semester with a GPA of 3.5 or above.
  Default
The failure to repay a loan according to the terms of the promissory note. Defaulting on a student loan makes you ineligible to receive financial aid in the future until the default has been cleared.
  Deferment
An approved, temporary suspension of loan payments.
  Delinquent
The failure to make scheduled monthly loan payments before the due date. If several payments are missed, the loan eventually goes into default status.
  Dependent Student
A student that must include parental information (including signature) on their FAFSA application. This status is determined by the answers given in Step Three on the FAFSA application.
  Disburse
Release of financial aid to the student’s school account.
  Disclosure Statement
A statement sent from the lender explaining actual costs and terms of the student loan, including interest rate and additional finance charges, and anticipated disbursement dates.
  Documentation
Any requested information that verifies or supports the data provided by the student on their FAFSA.
  Drop/Add
The official process of making changes in a student’s class schedule. Generally courses may be changed prior to the beginning of a semester or session.
  EFC
Expected Family Contribution. The dollar amount that a family is expected to pay toward a student’s educational costs as determined by the US. Dept. of Education. The federal formula is based on family earnings, assets, number of students in college and size of the family.
  Early Admission
A high school student who registers for college courses based on review of a letter of recommendation from the high school principal, letter of permission from student’s parent, high school transcript with GPA of 2.5 or higher, and results of ACT Test if student has taken it.
  e-Learning
A flexible learning program available to students and provides an alternative to traditional classroom course format. e-Learning courses are fully accredited college courses that follow the school calendar.
  Elective
A course a student may choose which is not required for a particular program.
  Enrollment Status
Determined by actual credit hours of enrollment per semester.
Full-time = 12 credit hours or more
Three-quarter time = 9-11 credit hours
Half-time = 6-8 credit hours
Less than half-time = 1-5 credit hours
  Essay test
An examination which requires the student to write answers in sentences and paragraphs.
  Extension Centers
A location, away from the main MCC campus, where courses and some one- and two- year programs are offered, but services such as admission, registration, or advisement are not always available.
  FAFSA
Free Application for Federal Student Aid application form used to determine eligibility for many types of financial aid. (www.fafsa.ed.gov)
  FFELP
Federal Family Education Loan Program which includes Subsidized and Unsubsidized Stafford loans and PLUS loans.
  Fees
Charges assessed to students in addition to tuition, such as registration fee, testing fee, and course fees.
  Financial Aid
Money received by students to help with college costs. May include scholarships, grants, loans or work-study jobs.
  Financial Aid Documentation
Any requested information that verifies or supports data reported on the SAR.
  Financial Aid Loan Servicer
An organization that maintains a lender’s student loan portfolio and is paid a fee to do so.
  Financial Aid Package
Award determinations for students made by Financial Aid.
  Fresh Start
An official procedure for waiving course grades for MCC courses that are more than 5 years old.
  GPA
Grade Point Average. Calculated by using the final grade point value received in each course and the number of attempted credits.
  General Education Requirements
Requirements that must be met by all students seeking to complete any degree and/or certificate program.
  Graduation Requirements
The courses and other requirements that must be met for each program or degree—AA, AS, AAS, and AGS or Certificate of Achievement.
  Grace Period
A time period during which the borrower is not required to begin repaying their student loans. This period will begin if the borrower graduates or drops below half-time enrollment. The grace period is six months long for Stafford loan borrowers. PLUS loan borrowers do not have a grace period.
  Grant
Financial assistance awarded to a student and that does not need to be repaid.
  Guest Student
A student attending one semester with permission from their home school. These students are required to complete a special application process. Guest students are not eligible for financial aid.
  Honors Courses
Special sections of classes with enriched content. These sections are only open to students who have been admitted to the honors program. Honors sections are noted on a student’s official transcript.
  Honors Program
An academic program open to any student who has earned a 3.5 GPA and completed the honors program admissions process. Completing the requirements earns an “Honors Degree” at graduation.
  Humanities
The fine arts, literature, philosophy, speech, foreign language and sign language as vehicles for human expression as well as means by which to understand the human condition.
  Incomplete
“I” grade given by an instructor at the end of a course indicating the student has not completed required work. The student will be given the opportunity to finish the work in a specified time, and the grade will be changed to a standard letter grade.
  Independent Student
A student that does not include parental information on their FAFSA application. This status is determined by the answers given in Step Three on the FAFSA application.
K
  Kiosk
Free-standing, limited access Internet terminals for MCC students.
  Laboratory Science-Natural or Technical
The observation, identification, description, experimental investigation and theoretical explanation of natural phenomena or technical processes.
  Lender
The financial institution that provides loan funds to be borrowed.
  M-TECSM / Michigan Technical Education CenterSM
These community college based centers are focused on delivering training programs in high-wage, high-skill, high-demand occupations to increase the numbers of skilled employees in these fields.
http://www.michigan.org/medc/miadvantage/laborforce/?m=11;3
  Module
A section of a course, approved by the college to be offered in as small as 1/4 credit portions, that consists of a complete set of competencies or skills on a specific topic that can be learned as a stand-alone set of instruction. Although each module is a complete learning experience in itself, some modules may be pre-requisites to others.
  Multicultural/Ethnic
The study of non- European groups such as African, Middle Eastern, Asian, African-American, Latin American and Native American, which may include their history, culture and social issues.
  Non-Credit Course
A course for enrichment or information and not providing college credit, usually offered through Continuing Education.
  Not Sufficient (NS) Grade
A grade assigned by a faculty member when they have had, in their judgment, insufficient instructional contact with the student and the student has not officially withdrawn from the course.
  OE/OE (Open Entry/Open Exit) Course
A course having a section code beginning with the letters OE. Students may register for such courses at anytime throughout the semester and, in consultation with the instructor, plan an exit date. Although students can consult with their instructor, this type of course has no specific class meeting times. For the most part, students work in an OE/OE Lab in an independent study environment.
  Occupational
An educational course or program designed to prepare the student for employment.
  Office Hours
The hours scheduled by instructors indicating when they will be in their offices to meet with and assist students.
  Orientation
A time scheduled for groups of new students to meet with a counselor, tour facilities, and become acquainted with college policies, procedures, programs, and services.
  Package
Award determinations for students made by the Student Financial Services Office.
  Permanent Record
  PLUS
Parent Loans for Undergraduate Students. A student loan taken out by the dependent student’s parent to cover the student’s educational costs.
  Placement Test
Tests in English, mathematics, and reading given to students prior to registering in order to provide information on appropriate beginning courses.
  Portfolio
A collection of work, such as drawings, photographs, writings, etc., which may be used to fulfill one or more requirements for a course or program.
  Prerequisite
A requirement the student must successfully complete prior to enrolling in a specified course.
  Probation
A status imposed on a student because of poor grades (less than 2.0 GPA) or improper conduct. Usually the cause for probation must be corrected in a specified period of time.
  Program of Study
Declared major or program that a student is pursuing. This can be an Associate’s Degree, Certificate program or transfer program.
  Readmission
Acceptance back into the college after the student has not been enrolled for 5 years.
  Registrar
The college officer who maintains records regarding credits attempted, courses taken, grades, official transcripts and student discipline files.
  Registration
The process of enrolling in courses and paying tuition.
  Registration Fee
A non-refundable fee charged to students for enrollment each semester.
  Required Courses
All courses that a student must take to complete a degree and/or program of study.
  Residency
The location in which a student resides determines his/her tuition rate. Tuition rates vary for in-district residents, Michigan residents outside of the district or out-of- state residents.
  Return of Funds
Money returned to the U.S. Department of Education for a student who dropped one or more classes prior to the 60% completion date for a semester.
  SAP
Satisfactory Academic Progress as determined by a GPA of 2.0 or better, completion of a minimum of 67% of credit hours enrolled per semester and completing an Associate’s Degree within 93 maximum credit hours.
  SAR
Student Aid Report. A report that is sent to the student by the US Dept of Education showing the results of the student’s processed FAFSA application.
  Scholarship
Financial assistance awarded to students on the basis of academic achievement, financial need, or athletic participation. Scholarships need not be repaid.
  Section
A specific scheduled offering of a course. Multiple sections of most courses are offered each semester or session. Each section has a separate time and location.
  Semester
A division of the academic year used in academic scheduling. MCC has four semesters: Summer, Fall, Winter, Spring.
  Servicer
A third party organization that maintains a lender's student loan portfolio and is paid a fee to do so.
  Social Science
Anthropology, economics, geography, history, political science, psychology and sociology as vehicles to study the behavior of individuals, groups and societies.
  Sophomore
The second year of college study beginning after the successful completion of 27 credits.
  TIP
Tuition Incentive Program. State funded tuition program for eligible low-income students who apply while in high school.
  Telecourse
A college course where lessons are viewed on a television instead of classroom meetings. The lessons are available on video tapes/ DVDs at libraries. Students are required to read textbooks and do assignments at home and come to MCC for an orientation, review sessions, and examinations.
  Transcript
A copy of the student’s permanent record, including courses attempted and grades. A student may order copies of their transcript from the Registrar’s Office or through WebAdvisor.
  Transfer
The process of either having MCC credits accepted by another college or applying to MCC to accept credits taken at another accredited college.
  Tuition
The amount of money a student must pay to register for courses at MCC. Tuition is based on contact hours, and the student’s place of residence. (See Residency)
  Tutor
A person who helps students needing assistance with a particular subject. MCC students can ask for tutorial help at the Learning Center, Math Empowerment Center, and Writing Center.
  Two-plus-Two (2 + 2) Articulation Agreement
An agreement which allows students to transfer an MCC occupational/technical Associate’s degree program as the first two years of a specified Bachelor’s degree program.
  Three-plus-One (3 + 1) Articulation Agreement
An agreement which allows students to transfer an MCC occupational/technical Associate’s degree program as the first three years of a specified Bachelor’s degree program.
  Unmet Need
The difference between the student’s educational costs (also known as Cost of Attendance or budget) and their EFC.
  Verification
Process whereby a student must document information reported on their FAFSA and submit it to Student Financial Services. The Federal Processor automatically selects 30% of all applications for verification process. However, Student Financial Services may request verification on any student applicant at its discretion.
  Verification Form
MCC internal form used to collect information needed to complete the Financial Aid verification process.
  Withdrawal
The procedure a student follows to officially discontinue enrollment in a particular course. To withdraw, a student must fill out the appropriate form and file it with the Registration & Cashier’s Office. A withdrawal before the “Date of Record” means there is no record of enrollment. A withdrawal after the “Date of Record” but before the last week of the semester means a “W” grade.
  Work Study
A financial aid program providing students, who demonstrate a financial need, part-time employment during the school year.
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