Financial Aid

Discover a range of programs designed to reduce costs and cover expenses. Explore available financial aid options and begin your application today to get started!

Student Financial Services

Room STS-111

Monday - Thursday: 8 AM - 5:30 PM

Friday: 8 AM - 12 PM

Get Started: FAFSA / Dream Act

Government-funded grants are awarded based on financial need and do not need to be paid back. To determine eligibility for local, state, and federal grants, complete a FAFSA or California Dream Act application.

MPC Promise Grant

The MPC Promise Grant provides first-time, full-time students with the opportunity to have their first two years of tuition covered at no cost. This program is open to students who demonstrate no financial need - regardless of income, age, or year of high school completion. Grants awarded through the MPC Promise do not require repayment.

California College Promise Grant

The California College Promise Grant (CCPG) (formerly known as the BOG Fee Waiver) provides tuition-free access to community college for eligible California residents. Eligibility is determined based on financial need, GPA, income qualifications, and residency. CCPG awards cover enrollment fees only.

Federal Pell Grant

Applicants who meet all requirements will receive a Federal Pell Grant based on need and enrollment status. Maximum Pell Grant funding for 2025-2026 is $7,395.

Federal Supplemental Educational Opportunity Grant (SEOG)

Students who are eligible for additional assistance may be offered an SEOG if eligible for the Pell Grant. Funds are awarded based on priority and need.

Cal Grants

Cal Grant recipients must be California residents or considered an AB540 by the Admissions & Records Office. The Cal Grant application is separate from the FAFSA and Dream Act. To apply, complete the FAFSA or Dream Act and Cal Grant GPA Verification Form no later than March 2nd or September 2nd for the competitive Cal Grant.

Scholarships

Scholarships are financial awards provided by individuals, foundations, or private endowments that do not require repayment. Discover over 90 scholarships available through MPC, along with opportunities to apply for funding from regional, state, and national organizations.

Loans

Federal Student Loans are available for students to borrow money to cover education costs. Varying loan amounts are awarded depending on eligibility, and must be paid back.

Work-Study

Federal Work-Study allows students with financial need to pay for college and build their resume at the same time Complete the FWS Request Form and choose from a variety of on-campus roles!

Important Dates for Fall / Spring 2025-2026

Drop Dead Dates refer to the last day to add and/or drop classes so your financial aid can be adjusted prior to Major Disbursement Dates. These dates apply to students who have received an email from the MPC Financial Aid Office indicating they have been awarded and have disbursement dates posted on their Financial Aid Portal.

Financial aid is disbursed to your Monterey Peninsula College student finance account by the end of the scheduled disbursement day, providing you have completed your financial aid requirements. Any remaining credit after applicable charges are paid on your finance account will be refunded to you through BankMobile Disbursements, a technology solution, powered by BMTX., within 7 calendar days. Dates are subject to change without prior notice. Monterey Peninsula College has collaborated with Bank Mobile to disburse funding. You will need to go to www.refundselection.com to set up your Bank Mobile account. You can either have your funds deposited into your existing bank account or you can set up a Bank Mobile account. If you have any questions regarding the financial aid process, you can email us at financialaid@mpc.edu.

Please Note: Classes that start after the second "drop dead" date will not be considered in your financial aid enrollment status and not funded for payment purposes.

Semester	Drop Dead Dates	Major Disbursement Dates
Fall	August 12, 2025	August 19, 2025
Mid-Fall	October 15, 2025	October 22, 2025
Spring	January 20, 2026	January 27, 2026
Mid-Spring	April 1, 2026	April 8, 2026
Summer	May 26, 2026	June 2, 2026

Financial Aid Handbook Financial Aid FAQs