FINANCIAL AID DETAILS

1– APPLY FOR FINANCIAL AID

Students must complete and submit the following documents to the Financial Aid Office by the stated deadlines:

• Management Resources Institute Application
• Proof of Citizenship (if requested)
• Federal Student Loan Application (if requesting a loan)
• Other documents as requested by Financial Aid Office.Free Application for Federal Student Aid (FAFSA) or Renewal FAFSA (Code: XXXXX).

The students are encouraged to complete the FAFSA on the web at www.fafsa.ed.gov.
If you are using either the FAFSA on the Web version, or the paper version, you can use the instructions on this web site as a guide to help you complete the application process.If you apply electronically on FAFSA on the Web or Renewal FAFSA on the Web, you can use a PIN to sign your application. You can obtain a PIN before you begin the application process by applying at www.pin.ed.gov.

 2-ENTRANCE INTERVIEW

If you are applying for a Federal Student Loan, the first step is to complete an entrance interview. To do that you can visit www.mapping-your-future.org.

 

3 – BE ADMITTED

All applicants must be academically admitted to Management Resources Institute as a diploma-seeking student.

4 – RECEIVE FINANCIAL AID AWARD

• Awards are made based on projected enrollment listed on the office application.
• YOU MUST BE ENROLLED IN AT LEAST FULL-TIME STATUS (NOT INCLUDING REPEATED COURSES), IN ORDER TO BE ELIGIBLE FOR FINANCIAL AID.
• YOU MUST MAINTAIN SATISFACTORY ACADEMIC PROGRESS.
• If you receive financial aid not shown on the award notice, you must report it to the Financial Aid Office – an adjustment may be required.
• You may cancel all or a portion of your financial aid award, before you receive it,  by providing written notice to the financial aid office.

5 – DISBURSEMENT OF FINANCIAL AID

Institutionally controlled financial aid (federal and institutional grants, and Stafford loans transmitted by EFT) will be credited to your student account as soon as an enrollment audit has been completed, aid adjustments have been made and funds received (usually between the third and eighth week of the session). Awards are adjusted according to enrollment status.