Financial Aid

Financial Aid Service

Prior to enrolling at the institution, all applicants are encouraged to explore the availability of financial aid funding through state and federal agencies. Financial aid information and application assistance are provided by the institution Financial Aid Director to help each student and his/her family clearly understand their financial situation before entering into a contractual agreement. The Institution is approved for the following loans and grants:

Applying for Aid

To be considered for any of these options you must complete the U.S. Department of Education’s Free Application for Federal Student Aid (FAFSA). https://www.fafsa.ed.gov/

The Medical Career Institute federal code used for this application is 042075

Submitting your FAFSA lets you work with the Medical Career Institute financial aid advisor to determine the best options for you.

Loans

  • Subsidized Federal Stafford Loan
  • Unsubsidized Federal Stafford Loan
  • Federal Parent PLUS Loan
  • Alternative Loan Programs

Grants

  • Federal Pell Grant Program

Scholarships

  • Scholarships.com – Search millions of college scholarships and grants.
  • Fastweb – A leading scholarship search provider for over 15 years, this site features a comprehensive database of available scholarships, plus information and advice that could help you win more scholarships
  • Studentaid.ed.gov – This site is sponsored by the U.S. Department of Education. You can access much of the information, publications, and links on the site without an ID.
  • CollegeScholarships.org – Grants listed by state.
Other scholarship search sites exist, but beware of fraudulent sites or those that charge for their services. Medical Career Institute cannot guarantee that students will be eligible to receive any scholarship. It is the student’s responsibility to carefully review the requirements for any scholarships of interest.

Net Price Calculator Requirement

In accordance with the Higher Education Act of 1965 (HEA), as amended, as of October 29, 2011 each postsecondary institution that participates in the Title IV federal student aid programs is required to post a net price calculator on its web site that uses institutional data to provide estimated net price information to current and prospective students and their families based on a student’s individual circumstances. This calculator should allow students to calculate an estimated net price of attendance at an institution (defined as cost of attendance minus grant and scholarship aid) based on what similar students paid in a previous year. The net price calculator is required for all Title IV institutions that enroll full-time, first-time degree- or certificate-seeking undergraduate students.

What does Net Price mean?
Net Price is the amount that a student pays to attend an institution in a single academic year AFTER subtracting scholarships and grants the student receives. Scholarships and grants are forms of financial aid that a student does not have to pay back.

Medical Career Institute

901 West Park Ave
Ocean Township, NJ 07712

Professional Training = A Secure Future

732-695-1190

info@mcinj.edu

Medical Career Institute

901 West Park Ave

Ocean Township, NJ 07712

© 2019 by Medical Career Institute. All Rights Reserved