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Business Office

Payment Policy

Students must satisfy all financial obligations to Midwestern Career College. Students are expected to pay their term tuition and fees prior to the start of each term unless a payment plan arrangement has been made. Students who fail to keep up with the approved payment plan, issue personal checks that are returned by banks or fail to make a good faith effort to keep up with their financial obligation to the school may be subject to dismissal, cancelation of the payment plan and/or late charges. The student may not be placed on externship site if he/she has an outstanding balance per payment term schedules. MCC reserves the right to withhold Certificate(s) of Completion, Certification exam(s) and/or Registry eligibility/recommendation letter(s), and official transcripts from the student until all payments are paid in full to the college.

Financial Aid

Students in most MCC programs are eligible to apply for U.S. Federal Student Aid. You may apply at www.fafsa.ed.gov by filling out the Free Application for Federal Student Aid (FAFSA), an online application submitted to the U.S. Department of Education.

For more information please visit: https://mccollege.edu/financial-aid/

Non-Federal Student Loans

Many lenders offer private educational loans to supplement a student’s federal financial aid. Unlike federal loans, the terms of private loans are set by the individual lenders. The interest rate and fees are determined by a variety of factors including, but not limited to, a person’s credit history, credit score, employment, residency, and debt-to-income ratio. A loan applicant may also be required to provide a credit worthy co-signer before a loan is approved. 

Before applying for private loans, students are encouraged to complete a FAFSA to determine eligibility for federal loans and grants. Prospective borrowers should note that the terms and conditions of federal financial aid programs may be more favorable than those of private education loans. Students should also review the Department of Education's website at https://studentaid.ed.gov/sa/types/loans/federal-vs-private and speak to a Financial Aid Advisor to learn about federal programs before applying for a private educational loan.

Lender Selection Method and Criteria

Midwestern Career College does not make any recommendations regarding lender selection. Upon request, the college may provide a list of possible lenders. However, the list is not exhaustive and is not meant to indicate rank or preference. Students are encouraged to review any lender’s terms and conditions before making a selection. Lender terms and eligibility criteria are subject to change.

Self Pay

The full term tuition is due by the first day of classes. If you are interested in payment plan options please visit the Business Office or email Businessoffice@mccollege.edu. 

 

Please follow the link below to review consumer information: https://mccollege.edu/consumer-information/