Financial Aid

Are you Eligible? 

Eligibility Requirements 

To be offered federal, state, or institutional funds administered by Moraine Park’s Financial Aid Office, you must: 

  • File a Free Application for Federal Student Aid (FAFSA) each year. 

  • Be admitted to MPTC in an eligible associate degree or technical diploma program (certificates and apprenticeships are not eligible). In general, all Associate Degrees and Technical Diplomas are eligible for financial aid, except: 
    Bookkeeper
    EMT Basic 
    EMT Advanced 
    Nursing Assistant

Some programs on campus are offered through other Wisconsin technical colleges. This means you may be taking your classes here at Moraine Park but you apply for admissions AND financial aid through a different technical college. If you are admitted into one of the following programs, you must apply for financial aid at the school listed. 

  • Agribusiness Science & Technology: Lakeshore Technical College (009194) 

  • Wind Energy Technology: Lakeshore Technical College (009194) 

  • Have a high school diploma, General Education Development (GED), or High School Equivalency Diploma (HSED). 
  • Be a U.S. citizen or an eligible non-citizen (permanent resident). 
  • If born male, be registered with Selective Service (this applies only to State of Wisconsin-controlled grants). 

  • Have a valid Social Security Number.

  • Not be in default on a student loan. Review your federal loans at https://studentaid.gov/ 

  • Not owe an overpayment on any federal (Title IV) aid. 

  • Meet the Satisfactory Academic Progress (SAP) Standards as defined by the Financial Aid Office. 

  • Not be delinquent on court-ordered child support and/or maintenance (this applies only to State of Wisconsin-controlled grants). 

  • Certify that you will use student aid only for educational purposes. 

  • Students with criminal convictions may be eligible, but must work with their correctional institution and the MPTC College Navigator for further eligibility. Federal law requires students to inform the Financial Aid Office of their incarceration. 

The following program and course combinations calculate lesser credits for financial aid purposes: Electricity (College 101, Oral and Interpersonal Communication, Intermediate Algebra with Applications), Electrical Power Distribution (College 101, Introduction to Electrical Substations), Welding (College 101), Gas Utility Construction and Service (College 101), Cosmetology (College 101), and CNC/Tool and Die Technologies (College 101).  If you enroll in less than full time for the semester you select to take this in, it will impact the amount of aid you are eligible to receive.  Please work with your advisor to create the course schedule that best meets your needs. 

Apply for Financial Aid  

Start with your FSA ID 
An FSA (Federal Student Aid) ID and password is required to complete the FAFSA (Free Application for Federal Student Aid) at studentaid.gov. For dependent students, a parent will also need an FSA ID.  

Complete the FAFSA 
The FAFSA determines if you are eligible to receive state and/or federal funding. There are a number of helpful resources available from the U.S. Department of Education, including some good videos and worksheets to guide you through the process.   

You’ll need this:  
Moraine Park’s Financial Aid School Code is 005303 

Recommended Time to Apply 

Priority deadline is April 15 for the upcoming school year.  You can, however, apply as soon as October 1 for the start of the following school year. Though the FAFSA application is available online between Oct. 1 and June 30 of the following year, you want to apply as soon as possible since there are a few federal student aid programs that have limited funds. Admittance into an aid eligible program is required before Moraine Park will begin processing your FAFSA. 

After you Apply 

  1. Once your FAFSA has been processed, you’ll receive a Student Aid Report. This is a record of your application, not the actual award. 

  1. Moraine Park will then download your application and assign Financial Aid Formsyou need to complete. In some cases, your FAFSA will indicate you’ve been selected for Verification to ensure accuracy and completeness. If this occurs, we will request the appropriate documentation. 

  1. Make sure you complete your program admission. Financial aid cannot be offered until you are admitted into an eligible associate degree or technical diploma program. Simply enrolling in courses does not qualify for financial aid; you must apply and be admitted into a program. 

  1. Once all FAFSA application requirements have been met and awarding has begun for the aid year, expect to receive your award offer within 2-3 weeks. Communication about your FAFSA application will be sent to your student email and will also be posted in the MyFinancial Aid section of your MyMPTC Account. You can check the status of your application at any time. 

  1. Select your classes carefully. You must be registered for classes according to program curriculum in order to receive financial aid. If you need help, contact your Academic Advisor 

Receiving Your Award 

When all of your financial aid requirements have been met you will receive an Award Offer Email and it will also be posted in the MyFinancial Aid section of your MyMPTC Account. The award offer will identify the types of financial aid and amounts based on the credit load indicated on your Supplemental Form, and may also include any scholarships, Veterans benefits and agency funding. 

You need to accept or decline your financial aid offer in your MyMPTC Account. (Note: You can accept or decline your funds in full or specific portions.) You can also monitor and manage your funds in your MyMPTC Account. 

Review the MPTC Financial Aid Guide for critical information regarding financial aid offers. 

Guidelines for Using Financial Aid at eCampus Bookstores 

You may be able to charge textbook and educationally related supplies for your courses. Financial aid funds aren’t disbursed until after the start of the term, but you need books right away, so we’ve set up a way for you to charge books at eCampus bookstores before your funds are disbursed. 

The following must be completed at least 2 business days in advance of ordering online dates through morainepark.ecampus.com to ensure your funds are available in the bookstore system: 

  • Meet Satisfactory Academic Progress requirements. 

  • Meet the College’s Academic Standing requirements. 

  • Have sufficient funding from federal or state grants and/or 

  • Federal Stafford Loans to cover tuition, fees and bookstore charges. 

  • Accept your financial aid award and authorize eCampus charges by accepting the Terms and Conditions of the award in myMPTC. 

  • Complete the required Entrance Loan Counseling and Master Promissory Note at studentaid.gov if awarded student loans. 

 

View Important Student Dates for a list of Financial Aid disbursement, Registration, and Payment due dates. 

While attending Moraine Park during the 2023-24 school year, your estimated cost of attendance for one full year includes tuition of $4,375 (15 credits for fall and spring semester), fees of $338, food and housing of $4,052 (if living with parents, $9,614 if living on your own), books and supplies of $2,061, personal expenses of $2,245, and transportation of $2,007 for a total of $15,161. Your direct costs (those costs paid directly to the college) include tuition & fees. The indirect costs (costs not paid to the college) can vary from individual to individual and your own personal needs. 

More Financial Aid information is available on the Financial Aid webpage.