Complete all loan application and eligibility requirements in a timely manner! Procrastination is not your friend and could delay your financial aid award.
Your financial aid will be disbursed (credited) directly into your MyMPTC Student Account and can be used to pay your tuition, fees and ecampus bookstore charges.
Assuming your requirements have all been met, any federal or state grants and loans will be applied to your account on the 15th calendar day of the term/semester (referred to as Census Date). If you have enough awarded aid, you do not need to enroll in a payment plan or make a payment.
(NOTE: Unless you do not have your award applied before College payment due dates. Remember procrastination is not your friend.)
First time loan borrowers have a 30-day disbursement delay.
MyMPTC Student Account
Guidelines for Using Financial Aid at eCampus Bookstores (link to document)
After your tuition, fees and bookstore charges have been paid, any excess funds will be deposited directly into your checking or savings account if you’ve set up those instructions in MaxPay. If direct deposit is not set up, a refund check will be mailed to you.
Set Up Direct Deposit (Strongly encouraged!)