At
Brown Mackie College — Quad Cities
financial aid is available to those who qualify. We’re here to help you understand
what you need to know to fund your education. If you want to speak with someone
in person, please contact a Student Financial Services advisor at
563.344.1500.
The following links will help you find the information you need to finance
your education.
Financial Aid Changes
Every year, many of the federal aid policies, practices, and awards are up for review and
approval by the federal government. The government also maintains the right to modify all
federal aid policies at any time during the year should there be budgetary or regulation
issues that need to be addressed immediately. Starting with the new financial aid award
year for 2012-2013 that begins officially on July 1st, 2012, the attached document
highlights the pending changes in financial aid awarding and policy. The Financial Aid Office will be
able to answer any specific questions regarding how these changes might or might not affect
you and your financial aid award for the coming school year.
Types of Financial Aid
Financial aid information is published online and in printed materials.
Visit our financial aid pages or download a PDF of our Financial Aid Brochure to learn more about
financial aid opportunities at
Brown Mackie College — Quad Cities.
Notice of Federal Student Financial Aid Penalties for Drug Law Violations
For information about eligibility requirements for federal student aid programs,
please click here.
Private Education Loans and Disclosures Overview
Private alternative education loans are offered by private lending institutions
and are not subsidized by a government agency. Alternative education loans are not
to be used as a substitution for federal Direct loans. They are intended
to provide additional funding for your education after all federal loans are sought.
Find out more about these loans here.
Application for all alternative loan programs can be done on-line directly with
the lender of your choice. Should you choose a paper Self Certification Form
to begin your application, please click here. The Financial Aid Office can help with any questions
you might have, including information on the Cost of Attendance and what loan amount
you might need when filling this form out.
Private Lender Lists
A list of private lenders for our location can be found here.
Student Lending Code of Conduct for Education Loans
To download a PDF of our student lending code of conduct for education loans,
please click here.
Financial Aid Literacy
We are proud to present our new Financial Literacy resource,
FATV! We strongly encourage our
students to utilize our updated short video presentations customized specifically for our students by Financial
Aid TV. These informational videos will provide valuable tips and lessons for understanding financial aid and for
managing finances wisely. Some of the topics covered include financial aid processes and awards, paying for
college; time management; credit management; preparing for life after college; and personal finance tips for
undergraduate, graduate and professional students. These can be referenced at any time and will be updated as
new information and resources become available.
Loan Payment Calculator
Please visit the Federal Student Aid website here, for
access to valuable loan calculators to get an idea of what your monthly loan payment might look like, depending
on the repayment plan you choose. When it comes time to repay your loans, we suggest a plan that allows you to
pay off your loans the fastest. Remember, the longer you take to pay off your loans, the smaller your monthly
payment, but the more you will pay back in total dollars. Not all loans are eligible for all repayment plans.
Private loan repayment plans are at the discretion of the lender. Please contact your Student Finance Counselor
if you have any questions.
Entrance (Initial) Counseling for Student Loan Borrowers
Before receiving a student loan, first time borrowers must complete an entrance
counseling session. This quick and easy interactive counseling session provides
useful tips and tools to help you develop a budget for managing your educational
expenses and helps you to understand your loan responsibilities. This entrance counseling
session can be found on the Federal Student Aid website.
Exit Counseling for Student Loan Borrowers
Direct loan exit counseling will explain your rights and responsibilities as a direct
loan borrower.
Exit counseling information is also located on the Federal Student Aid website. You will need to have your
Social Security number and your PIN number ready in order to log into this portion
of the site.
Financial Aid Cost of Attendance
The financial aid office uses an estimate of direct and indirect costs
to determine how much financial aid a student may be eligible for. Direct costs
include tuition, fees, some books and supplies and institutional housing. Indirect
costs include estimates of other living expenses, transportation and personal expenses. Examples
of the cost of attendance estimates used can be found by clicking here.
National Student Loan Data System (NSLDS)
When a borrower receives a Federal loan, the loan provider must submit that information to the
National Student Loan Data System (NSLDS).
Information in NSLDS is accessible to schools, lenders, and guarantors that are authorized users of the
data system. Students are also able to log in and access all of their federal loan information. Students
will need to have their federal PIN number in order to access their information.
State Grant Assistance
Students attending this school are not eligible for state education grants at this
time.
Student Loan Information Published by Department of Education
Additional information about financial aid can be found by visiting the Department of Education Tools and Resources and the Department of Education Publications.
Net Price Calculator (NPC)
Please visit our Net Price Calculator to get an early approximation
of your potential costs to attend Brown Mackie College. All financial results are only an
approximation based on the information you will supply and cannot be considered
an actual award. To be considered for financial aid, you must complete the Free
Application for Federal Student Aid (FAFSA). The calculator is not intended for
transfer, readmitted, international, graduate or continuing students.