DMACC Student Handbook: Services for Students

Financial Aid & Scholarships

Financial aid is any source of funds available to assist students in paying for the costs of a college education. Students who believe they will need assistance are encouraged to apply for financial aid.

Most assistance is based on demonstrated financial need; however, some is based solely on merit. Merit programs, including most scholarship programs, help students who have special abilities. Often students do not have to show financial need to receive money through meritbased programs, but in many instances, will be required to complete the Free Application for Federal Student Aid (FAFSA).

There are four main types of financial aid. Usually students are offered a combination of aid (known as a “package”) from these four programs: Grants, Loans, Scholarships, and Work-Study.

Students are encouraged to visit the financial aid website at www.dmacc.edu/financial.asp for more information.