There are several types of financial aid available to students at Merced College. Our financial aid awards include federal and state grants, state fee waivers, work-study jobs, and scholarships. We do not currently participate in the federal student loan program so students completing their studies at Merced College do not finish here with a student loan debt.
You can receive multiple forms of financial aid. Many of our students receive an award which is a combination of several forms of financial aid.
You do not need to be a full-time student to receive financial aid. Your award can be prorated for three quarter-time (9 to 11 units), or half-time (6 to 8 units). At less than half-time you may or may not receive an award. It depends on your EFC or Expected Family Contribution.
Types of Financial Aid Awards
|Award||2014/2015 Maximum Award|
|Federal Pell Grant||$5,730|
|Federal Supplemental Education Opportunity Grant||$800|
|Cal Grant B||$1,648|
|Cal Grant C||$547|
|Child Development Grant||$1,000|
|Chafee Grant for Foster Youth||$5,000|
|Federal Work Study Program||Student jobs on and off campus|
|Board of Governors' Fee Waiver||Waives per unit enrollment fee|
|Merced College Foundation Scholarships
- Information about scholarships
|Available every March - we typically award more than $100,000|
New BOGC "minimum need" threshold
Beginning Fall 2012 all students being awarded BOGC fee waivers must meet the minimum need threshold of $1104. At Merced College, only students with an estimated family contribution (EFC) of 10415 or less will be eligible to receive a fee waiver based on FAFSA eligibility standards.
Net Price Calculator
The net price calculator is a tool for students and parents to use to get the estimate of what it may cost to attend Merced College each year. It is important for you to understand that the information you receive from the calculator is a broad estimate, and is based on previous years historical data which is updated annually in April by the Chancellor's office. Many factors come into play when we award financial aid to students including, but not limited to: deadlines, levels of funding, grade levels, and academics.
You can now check your status online at MC4Me.