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By
Stefani Gray Hicswa, Ph.D, Miles Community College President
Whether you are a senior in high school or a person who is
seeking retraining opportunities, you might be questioning
college costs and accessibility in this time of economic
hardship. Having a community college as an option should help
alleviate some of your anxiety about whether or not you can
afford to start your educational endeavors. Let me give you some
examples of why you can afford to attend college this summer or
fall at Miles Community College.
- Stability in tuition and fee costs: Miles Community
College has made a commitment to its students by not
increasing the college's basic tuition and fee costs for the
third year in a row.
- Increased Pell Grant funding: The economic stimulus
package provides an increased Pell Grant for 2009-2010. The
maximum Pell Grant for a full-time student will jump from
$4731 to $5350. Over 38% of our students receive Pell Grant
funding. To see whether or not you are eligible for the Pell
Grant, complete the Free Application for Federal Student Aid
(FAFSA) at www.fafsa.ed.gov.
- Increased student loan limits: While we strive to
minimize student loan indebtedness, there comes a time when
student loans become the only option for some students. We
want to ensure students that as long as they are eligible
for the Federal Stafford Loan program, we have funding
available for them. The maximum loan limit for dependent
freshmen students is $5500 for the year, pending
eligibility. Independent freshmen students can borrow up to
a maximum of $9500 for the year, pending eligibility. The
current average loan indebtedness for our students during
the 2008-2009 academic is $4393.
- Choosing to stay "home" for the first two years: If you
have applied to multiple colleges, you are probably starting
to get your financial aid offers. Do your homework
carefully. What does your award letter really say? How much
loan money do you have to borrow to cover your costs? If you
are a dependent student, are your parents having to borrow a
parent loan? Do you have to take out alternative private
loans in addition to Stafford Loans to cover your costs?
Consider this - if you choose to stay home and you are a
Custer County resident, one semester of basic tuition and
fees for 15 credits will cost you $1710.
- Ease of transferability: The Montana Board of Regents is
requiring all colleges within the Montana University System,
community colleges included, to implement common course
numbering. This ensures that courses will transfer with ease
between colleges in the MUS system, saving you time and
money. Our students continue to also have great success in
transferring to colleges in North Dakota, South Dakota, and
beyond.
If you have any questions or want to compare costs of Miles
Community College with other colleges you are considering,
please contact Jessie Dufner, Director of Enrollment Services,
at 874-6226. If you need help completing your FAFSA, we can also
help with that regardless of where you intend to go to college.
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