What is MACC’s Federal School Code?
MACC's Federal School Code is 002491.
How is Financial Aid Awarded?
Student financial aid programs are a valuable financial resource for eligible students to access postsecondary education; however families still are responsible for assisting with their students' total educational costs.
Student financial aid is based on demonstrated financial need, academic achievement, ability or academic major.
Financial need is calculated by a standard federal formula:
Estimated Cost of Attendance – Expected Family Contribution (EFC) = Financial Need
Your cost of attendance includes tuition, fees, room and board, books and supplies and other school-related expenses.
Your Expected Family Contribution (EFC) is the number that’s used to determine your eligibility for federal student financial aid. This number results from the financial information you provided in your FAFSA application. Your EFC is reported to you on your Student Aid Report* (SAR). Your EFC is not the amount you must pay your school.
Some financial aid programs base awards on academic achievement, abilities (like athletic or artistic talents) or your academic major. Eligibility for each of these programs normally is based on standards determined by the school, a state agency or a private organization.
MACC's cost of attendance
ESTIMATED COST OF ATTENDANCE
The Financial Aid Office establishes standard student budgets each year as a basis for awarding financial aid funds. These budgets reflect typical "modest but adequate" expense patterns of Moberly Area Community College students. While actual expenses will vary based on each student's lifestyle and level of enrollment, the estimated costs listed below should assist students with planning their own budgets. The Cost of Attendance is the maximum amount of aid a student may receive from all types of aid combined.
Tuition and Fees
The rates used in the chart above are the average costs for a typical MACC student, using the average of the in-seat, hybrid and online course rates. The actual costs that a student incurs will vary depending on the student's enrollment choices
Current fees and tuition all MACC courses and students are available from the Business Office.
Fees and Tuition rates are set by the Board of Trustees every year and are subject to change.
Room and Board
Housing costs can vary significantly based on the living arrangements and personal choices students make. We suggest each student to carefully evaluate his costs which may be incurred by choosing to live off-campus. Commuting: Students who live at home and commute to campus will reduce room and board costs significantly.
Books and Supplies
Costs vary by program, course load, and classes selected. Students may be able to reduce these expenses significantly by buying used books. We estimate books and supplies to be average $150 per course.
This allowance include costs for operating and maintaining a vehicle which is used to transport the student to and from school, but not for the purchase of a vehicle. The travel allowance provided is based on the average cost for a typical MACC student. Each student's cost may vary depending on how far and often she travels for class meetings. We recommend car-pooling as a means for reducing transportation costs.
Personal and Miscellaneous
This category represents every other student expenses such as: clothes, personal hygiene, entertainment, etc. It is the most variable and personal component of anyone¹s budget. Personal spending can make or break a college budget! The most important thing is to set yourself an allowance, keep track of your expenses, and stick to your budget.
Keep in mind:
* If you live off-campus, you may save money by having roommates.
* The four C's - cars, clothes, credit cards, and calls - can bust your budget!