Financial Aid

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Financial FAFSA School Code: 006305

Any student enrolled in MCHP, who qualifies for financial assistance, will receive aid to the extent funds are available. The amount of actual aid awarded depends upon the financial need of the individual student, and, therefore, will reflect the student and/or family's financial circumstances. All such information is strictly confidential.

Financial need is the difference between costs (tuition and fees, room, board, student uniforms, books, supplies, travel and personal expenses) and the amount of money the student and/or the student's family can afford to pay, as determined by a standard formula, established by Congress, and approved by the Secretary of Education. The amount is referred to as the Federal Methodology and the calculation is:

  • Cost of Attendance – Estimated Family Contribution = Need.

The basis for figuring the Expected Family Contribution is completion of the "Free Application for Federal Student Aid” (FAFSA). The information provided on the FAFSA determines the expected family contribution and these results, in conjunction with MCHP's Financial Aid Information Form, are used to deter Students that wish to apply for financial aid should submit the FAFSA to the Federal Processor of the U.S. Department of Education by May 1st to meet State scholarship and grant deadlines. Students are required to apply on-line at www.FAFSA.ed.gov. Students are required to reapply for financial aid for each academic year they wish to be considered for.

Financial Aid Eligibility

A student is eligible for financial assistance at the MCHP if he or she:

  • is a citizen of the United States or is an eligible non-citizen;
  • is not in default on a previous loan;
  • does not owe a refund on a previous grant or scholarship;
  • has not previously earned a baccalaureate degree [only applies to Pell and Supplemental Educational Opportunity Grant (SEOG)];
  • is a matriculated student;
  • is enrolled in at least 3 credit hours each semester;
  • Is making satisfactory academic progress; and demonstrates financial need.

Additional information regarding financial aid may be obtained from Maine College of Health Professions' Financial Aid Office. Phone (207) 795-2270.

Willful falsification or omission of information on the application is a criminal offense punishable under Maine and federal laws.

Financial Services