Specific eligibility requirements vary from program to program. The following criteria apply to all financial aid programs. To receive financial aid a student must:
- Be enrolled or accepted for enrollment as a regular student in an eligible program leading to a degree.
- Be a U.S. citizen, permanent resident, or refugee with an appropriate visa.
- Have financial need, except for some loan programs.
- Maintain satisfactory academic progress in a course of study according to the standards and practices of Morehouse College.
- Not owe a refund on any Pell Grant, Supplemental Grant, or State Student Incentive Grant while in attendance at any college.
- Not be in default on any loan under the Federal Family Education Loan Program (FFELP) or Federal Direct Loan Program.
- Have met legal requirements for Selective Service Registration.
- Have a valid Social Security Number.
- Have a high school diploma or a General Education Development (GED) certificate.
- Financial Aid recipients must also meet minimum Standards of Academic Progress in order to qualify for assistance. These Standards of Progress are also outlined in detail under the main index frame; Satisfactory Academic Progress Policy, or may be obtained directly from the Office of Financial Aid.
- Students who apply for financial assistance and later withdraw during a semester may be eligible for an adjustment in their College charges and financial aid credits for the semester based on the College Withdrawal Policy.
Calculating Financial Need
The amount of financial aid is subject to available federal, state, and institutional funds. The type of aid and amount received will be determined by the Office of Financial Aid. Financial Aid awards are based on demonstrated financial need which is determined by the following formula:
Cost of Education - (minus) Expected Family Contribution = (equals) Need
To determine the expected family contribution, students applying for financial assistance are required to complete the Free Application for Federal Student Assistance (FAFSA). Contributions are determined from the results of this form along with other documentation, such as the 2012 IRS Tax Transcript and W-2 Forms of the parents and/or the student. All information is held in strict confidence.