Catalog 2023 SPRING REVISION

EAST CENTRAL COMMUNITY COLLEGE

loans disbursed after July 1, 2013 will be based on the 10-year Treasury bill plus a percentage add-on of 4.6% with a cap of 10.5%. Direct PLUS Loans are made by the U.S. Department of Education. Direct PLUS enables parents to borrow up to the difference between the student’s cost of attendance and the amount of estimated financial assistance. A borrower must pay certain loan fees which are deducted proportionately from each loan disbursement. For the Direct PLUS loan, loan fees are generally 4% of the loan amount. A separate application is required to apply for the Direct PLUS loan. Generally repayment of the Direct PLUS loan begins within 60 days of the disbursement of the loan. INSTITUTIONAL SCHOLARSHIPS East Central Community College is committed to providing financial resources and assistance to students based on excellence in scholarship, performance, and/or service. As such, the College provides Institutional Scholarships to eligible full-time students. Institutional Scholarships are comprised of five (5) major categories of awards: (A) Scholastic-Based Scholarships; (B) Performance- and/or Service-Based Scholarships; (C) Athletic Scholarships; (D) the Employee Tuition Waiver Scholarship; and (E) Non-Traditional Student Scholarships. Two Institutional Scholarships – Age 65 Plus Tuition Scholarship; and First Course Tuition Free Scholarship – may allow a student to enroll as a part-time student and receive the scholarship. The College will set a cap of $4,080 per semester for Institutional Scholarships received from these 5 categories for in-state students and a cap of $5,130 per semester for Institutional Scholarships received from these 5 categories for out-of-state students. These scholarships are only available in the fall &/or spring semesters unless noted in the scholarship description. Institutional scholarship funds, with the exception of athletic scholarships, may be used for book costs if funds remain after all other charges on a student’s account are covered. A. SCHOLASTIC-BASED SCHOLARSHIPS Achievement Recognition Scholarships — Achievement Recognition Scholarships will be awarded to individuals who receive honors such as the following: Miss East Central Mississippi, Miss Hospitality, Miss Newton County, Choctaw Indian Princess, Distinguished Young Women winners, Miss Neshoba County, Miss Morton, etc. If you have a received an honor such as this that is not listed, please contact the Director of Financial Aid to determine if you are eligible. Effective Fall 2018, a scholarship in the amount of $1,000 will be awarded to those eligible who enroll as full-time students at East Central Community College the fall semester immediately following high school graduation or the first regular semester after having received the High School Equivalency (HSE). The scholarship will be available to the student for four (4) consecutive semesters provided the student maintains a cumulative 3.0 or higher grade point average (GPA). Any student who does not maintain the required cumulative 3.0 or higher GPA and is removed from the scholarship may have the scholarship reinstated by earning the required cumulative 3.0 GPA or higher after the following semester if it’s within their original number of consecutive semesters for which they were awarded. ACT Scholarships — Effective Fall 2018 for incoming freshmen, the ACT Scholarships listed below will be available to any student who enrolls full-time at East Central Community College the fall semester immediately following high school graduation or the first regular semester after having received the High School Equivalency (HSE). Exceptions to the matriculation expectation may be considered on appeal in the event of extenuating circumstances. The ACT Scholarship will be available to the student for four (4) consecutive semesters provided the student maintains a 3.0 or higher cumulative grade point average (GPA). Any student who does not maintain the required cumulative 3.0 or higher GPA and is removed from the scholarship may have the scholarship reinstated by earning the required cumulative 3.0 GPA or higher after the following semester if it’s within their original number of consecutive semesters for which they were awarded. Students who meet all eligibility requirements and are interested in receiving this scholarship must submit their ACT scores to the Office of Admissions. ACT Composite (20-23) — Dean’s Award: A scholarship in the amount of one-half in-state tuition will be awarded each semester to the eligible student. ACT Composite (24-28) — President’s Award: A scholarship in the amount of in-state tuition will be awarded each semester to the eligible student.

79