Institutional Scholarships and Grants
Institutional Merit Scholarships
Mount Carmel College of Nursing offers financial assistance to top students through merit-based scholarships. Unlike loans, these Achievement Awards do not need to be repaid. These scholarships are awarded to incoming freshman through the Admissions office and are based on high school GPA and ACT/SAT scores. The Eleanor Wilson Academic is available to returning students that are not already receiving another merit scholarship.
These scholarships are renewable if appropriate criteria are met each year. See below for additional information.
|Name||Amount||Selection Criteria||How to Apply|
|Presidential Scholarship||Scholarships awarded to incoming first-year freshman students; $3,000 Fr. & So. year; $4,000 Jr. & Sr. year||Recipient(s) must have minimum of 25 ACT score, 3.5 cumulative H.S. GPA (on 4.0 scale)||No application necessary; must maintain 3.4 GPA and full-time status each semester to be renewable|
|Eleanor Wilson Recruitment Scholarship||Scholarships awarded to incoming first-year freshman; $1,200||Recipients must have a minimum 22 ACT score; 3.2 cumulative high school GPA (on 4.0 scale)||No application necessary; not renewable, available to incoming freshman only|
|Eleanor Wilson Academic Scholarship||$1,000 Sophomore; $1,250 Junior; $1,500 Senior Transfer students with a cumulative of 3.7 will receive this scholarship||Awarded to students who complete a full year of full-time study (each semester) and maintain a minimum of 3.7 cumulative GPA at end of each year||No application necessary; full-time status each semester is required|
MCCN Book Grant
The Book Grant, through generous donated support, is intended to provide additional funding for students with exceptional need. The Book Grant is open for application prior to the start of each semester. Students must be enrolled in the upcoming semester to be considered for the grant. Please note the following:
- “Exceptional need” is defined as remaining need to meet costs after all funding possibilities are exhausted. (Funding includes Federal Direct Stafford Loans.)
- The Book Grant is considered financial assistance and will be a part of a student’s financial aid award.
- Eligible students selected to receive a Book Grant will be notified of the award and the amount through a revised financial award notification.
- The number of Book Grants and awarded amounts are subject to change and are determined by available funds.
- Students that change their enrollment status during the term in which a Book Grant is awarded may be responsible to repay all or part of the grant.
Students will be notified prior to each semester when the link is available. Notification will primarily through Nightingmail. The application link will only remain open for a limited time.
Mount Carmel College of Nursing Endowed Scholarships
Through generous support of donors, MCCN is privileged to offer numerous scholarship opportunities to our students. These scholarships are funded directly from donor gifts and awarded through an annual application process. These awards are intended to provide supplemental funding to Mount Carmel College of Nursing Students.
Students will be notified each year (primarily through Nightingmail) when the Scholarship link will be available and instructions for application. All returning students are encouraged to apply. The link will only remain available for a limited time as indicated in the annual email notification.
Scholarship recipients will be selected by the Scholarship Committee and will be notified of award through a revised award notification. An annual dinner for donors and recipients is held in the fall and recipients will receive additional information on this event from the MCCN Advancement Office.
Award amounts may vary from year to year depending on current donations and/or market fluctuations.
Need Based Grants
Federal Pell Grant
The federal Pell Grant is a need-based award available to students pursuing their first bachelor's degree. Eligibility is based upon your EFC and enrollment status. You're automatically reviewed for the Pell Grant with receipt of your FAFSA. The annual maximum amount of the Pell Grant available is subject to change year-to-year by the Department of Education. See the Federal Student Aid for ranges and award amounts.
Federal Pell Grant for Books
Federal Pell Grant recipients may be eligible to use award funds at the MCCN Online Book Store. At the start of each semester, Book Grants are available to eligible students. Eligible students are students who have a finalized financial aid award and who will have federal financial aid in excess of at least $100 above tuition and fee costs. To apply for a MCCN Federal Pell Book Grant, complete and return the following form to Financial Services: Federal PELL Book Grant Applicaton.
Federal Supplemental Educational Opportunity Grant (FSEOG)
The Federal SEOG Grant is a need-based award provided by the Department of Education. Students selected for SEOG will demonstrate significant financial need. You are automatically reviewed for the SEOG award when your financial aid award is being created.
To be eligible for SEOG, you must have significant financial need as determined by your EFC, be registered for full time attendance and be an undergraduate student who is receiving the Pell Grant. The amount of SEOG funding Mount Carmel receives from the Department of Education is limited and subject to change year-to-year. Students that meet the FAFSA precedence filing deadline will receive precedence in awarding.
Ohio College Opportunity Grant (OCOG)
The Ohio Board of Regents administers the Ohio College Opportunity Grant (OCOG) program, which provides grant money to Ohio residents who demonstrate the highest levels of financial need (as determined by the results of the Free Application for Federal Student Aid (FAFSA) that should be completed) who are enrolled at Ohio public university main campuses (not regional campuses or community colleges), Ohio private, non-profit colleges or universities, and Ohio private, for-profit institutions.
Who is Eligible?
Ohio residents in a degree or nurse diploma program at an eligible Ohio or Pennsylvania institution with an EFC (Expected Family Contribution) of 2190 or less and a maximum household income of $75,000.
How much aid is available?
|OCOG 2017 – 2018||Full-time||3/4 Time||1/2 Time||1/4 Time|
- All amounts reflect annual awards in $. Appropriate annual award amount should be divided by two for semesters or three for quarters.
- Eligible students continuously enrolled may receive an additional 1/2 or 1/3 of their respective award amount in their third semester or fourth quarter.
- Students are limited to 10 semesters or 15 quarters of state, need-based grant aid (including combination of OCOG and OIG).
How do I apply?
Students apply for OCOG benefits by completing the Free Application for Federal Student Aid (FAFSA).
Is there a deadline?
The application deadline is October 1 of each year.
Ohio College Opportunity Grant Refund Policy
Campuses are required to follow the policy below regarding the Ohio College Opportunity Grant (OCOG) program in regards to refunds.
Calculating an OCOG refund for students who withdraw from all of their courses at the institution
If a student withdraws from the institution during an academic term the amount of the OCOG refund will be determined by the refund schedule of the institution. The total refund as a percent of the total instructional and general fees charged to the student shall constitute the percent of the OCOG award for the term which is to be refunded to the Ohio Board of Regents.
For example, if a student withdraws and is entitled to a refund of 85 percent of the total instructional and general fees charged for the term, the institution must refund 85 percent of the student's OCOG allotment for the term to the Ohio Board of Regents. If a student withdraws and is entitled to a refund of 100 percent of the total instructional and general fees charged for the term, the institution must refund 100 percent of the student's OCOG allotment for the term to the Ohio Board of Regents.
Calculating an OCOG refund for students who drop below 12 credit hours (or the equivalent)
If a student reduces his or her enrollment to three-quarters time, one-half time, or less than half-time prior to an institutions census or "freeze" date, the OCOG allotment for the term must be reduced to the corresponding enrollment level.
If a student drops below 12 credit hours after the institutions freeze date, but during the institutions refund period, the amount of the OCOG refund will be determined by the percentage reduction in the student’s actual fee charges.
For example, if a student drops from 12 credit hours with tuition/fee charges of $450 to 8 credit hours with tuition/fee charges of $340, the tuition fee reduction would be $110 or 24 percent. Consequently, the institution would refund 24 percent of the student's OCOG allotment for that term to the Ohio Board of Regents.
For more information see the OBR website.
Change in Circumstances
Mount Carmel College of Nursing recognizes that there are times when you or your family's circumstances change unexpectedly. In cases where there has been an unforeseen change that creates a financial hardship, there is an appeals process or “Special Circumstance” review that may be requested.
In order to start the evaluation process, you will need to contact the Financial Aid Office. You will be required to complete the verification process and submit a completed “Special Circumstance” form (available through the Financial Aid Office, Special Circumstance Forms or on CARMELink). Additionally, you will need to provide any necessary, supporting documentation as requested.
Submitted information will be reviewed and you will be notified of the decision. If the appeal is approved your FAFSA will be updated and a revised award notification will be prepared within three days of MCCN's receipt of your corrected FAFSA.
*Please note that you will all receive an updated SAR (Student Aid Report) from the Department of Education reflecting any changes that were made to information on your FAFSA by MCCN.
If the appeal is denied, you will be notified and your award will not be adjusted. The decision of the Mount Carmel College of Nursing is final and may not be appealed to the Department of Education. You may request a “Special Circumstance” for additional financial resources if you have had any of the following:
- Recent unemployment or reduction of income (not including voluntary separation or retirement)
- Death of a parent or spouse
- Divorce or separation
- Extensive medical debt
- Any other circumstances that has adversely affected your family's finances
A Special Circumstance may also be requested to adjust your Cost of Attendance. Contact Financial Services for additional information.
Main Sources of Financial Aid
Financial Aid comes from several different sources. It's important to know who is providing you with financial assistance so that you can understand the requirements to receive the award, what the award is intended for and how it assists you with your costs. There are three main sources of financial aid: the federal government, the state government and Mount Carmel College of Nursing itself.
Financial aid offered by the federal government is done so by the Department of Education. When Congress passed the Higher Education Act in the 1960's, it established certain types of financial aid to be offered to students (known as Title IV). The aid offered by the government comes in the form of grants and loans. The Department of Education provides MCCN with the funds for all eligible students and requires that the university distribute the aid based upon the criteria the Title IV law has established.
While the Department of Education oversees federal aid programs and makes determinations about eligibility, it is ultimately up to MCCN to ensure that the aid is awarded appropriately. MCCN must award Title IV funding in accordance with federal guidelines, which means there may be additional steps you must take or certain requirements you must meet in order to receive or remain eligible for federal aid. The amount of each federal award is set by law and is subject to change based upon the fiscal budget passed by Congress each year. For additional information on all federal programs, please see Federal Student Aid.
The Ohio Board of Regents (OBR) oversees all state financial aid programs. The OBR oversees the state programs for eligible Ohio residents attending an accredited college or university in Ohio. OBR offers grants, loans and some scholarships and requires MCCN to ensure that this funding is appropriately given to eligible students. Like federal Title IV aid, MCCN must ensure that all students who receive Ohio financial aid awards are eligible recipients. The amount of all Ohio awards is set by the Ohio Legislature and is subject to change based upon the fiscal budget passed each year. For additional information on all Ohio aid programs, please see the Ohio Board of Regents.
MCCN has institutional scholarships that are awarded to first-time traditional undergraduate students based on merit. These scholarships are renewable every year if eligibility requirements are maintained. MCCN has processes in place that automatically review students for award renewal based on renewal requirements. In addition to merit based scholarships MCCN has a generous endowed scholarship program. These scholarships are available to returning students through an application process in early spring.
The following pages provide additional information on grants and scholarships. See Loans for further financial aid information.
Most types of financial aid have eligibility requirements. It is important that you monitor your registration and academic progress as both have the potential to impact your financial aid! Listed below are some of the conditions that may impact your eligibility:
Change in Status
Some financial aid awards require you to maintain a specific enrollment status each term. If you are planning to change your status from full-time to part-time, or you decide to enroll for less than full-time for a single term, it is important you contact the Financial Services office to determine if your financial aid will be affected. You may lose some types of financial aid if you change your status or enroll for less than full-time.
Change of Program Level
Financial aid eligibility is specific to level of your program (undergraduate, graduate or professional). If you change from one level to another, your eligibility may change.
Not Maintaining Required GPA
All of the academic scholarships offered by Mount Carmel College of Nursing require you to maintain a specific cumulative Grade Point Average (GPA). If you do not meet the minimum GPA threshold at the time GPA’s are reviewed, you will forfeit your academic scholarship.
Satisfactory Academic Progress (SAP)
All students are required to maintain Satisfactory Academic Progress (SAP) in order to remain eligible to receive financial aid. The MCCN SAP Policy is published in the student handbook and is also available at the Financial Aid tab on CARMELink. You may also review the details of the policy at MCCN SAP Policy. Please review this policy to ensure you are meeting all the requirements.
Complete course drop or Withdrawal
If you drop or withdrawal from all courses before 60% of the term has been completed, MCCN is required to use the Department of Education's Return of Title IV Funding Calculation to determine if you are eligible to retain any of your financial aid for the term. For more information on this process, please see Return of Financial Aid Policy.