Procedures to Follow When Applying for Financial Aid

Students who plan to attend Allegany College of Maryland for the fall semester should apply for financial aid by the March 1 priority date in order to receive the maximum consideration for all financial aid programs.

Students must submit the Free Application for Federal Student Aid. This application may be obtained from the high school guidance counselor, the Office of Financial Aid at Allegany College of Maryland, or can be completed electronically at the FAFSA website.

Students planning to attend Allegany College of Maryland for the spring semester should apply for financial aid by the November 1 priority date.

Students must also complete the electronic ACM Financial Aid Application.

Students should also submit parents' and/or student's signed federal tax returns, as required, to the ACM Financial Aid Office.

A Final High School Grade Transcript or copy of GED must be on file in the Admissions Office before any aid funds will be disbursed.

A letter explaining the award decision and giving information about the aid offered is sent to each applicant.

A student must apply for financial aid each academic year. However, aid usually continues at the same level each year, unless a student's resources or his/her parents' expected contribution changes. All students receiving aid automatically get information on how to apply for renewal awards. Other students should request applications as early as possible.

back to top

Students who are classified as "degree-seeking" or "certificate-seeking" are eligible for financial aid. However, "non-degree" students, such as those classified as Early College or Transient, are not eligible for student financial assistance. NOTE: Early College students do receive a 50 percent tuition discount. See Admission and Registration for more information.

Audited Courses

Audited courses are not counted for financial aid purposes and cannot be paid for with financial aid funds.

 

 

Letter of Recognition

Students who plan to seek ONLY a Letter of Recognition are not eligible for federal or state Financial Aid.

Satisfactory Progress for Financial Aid

Students must be making satisfactory academic progress in order to receive financial aid. A copy of this policy may be requested by emailing the Financial Aid Office at financialaid@allegany.edu or on our website @ www.allegany.edu/finaid/addforms.shtml

Financial Aid Policies are subject to change in accordance with federal and state regulations.

back to top

Financial Aid Office - 301.784.5213        financialaid@allegany.edu