Financial Aid

Fine Mortuary College offers financial assistance to all students who qualify. Our institution participates in all Federal Student Aid programs in addition to offering institutional financial aid, scholarships, and unemployment training benefits. Fine Mortuary College is also authorized to offer veteran’s benefits. 

Applying for Aid

The first step in receiving financial aid at FINE Mortuary College is to complete the Federal Application for Student Assistance (http://www.fafsa.ed.gov). You can complete the FAFSA at any time after October 1st to receive funds for the following award year but apply as early as possible since some grant funds are distributed on a first come, first served basis. You must complete a FAFSA each award year.  Award years run from July 1st to June 30th.

FMC’s FAFSA School Code to be entered is: 033164

Upon receipt of the FAFSA documentation, students (and parents, when applicable) will meet with FINE Mortuary College’s financial aid staff. At this meeting, we ask that the following documents be brought in case they need reviewed:

  • Signed copy of parent’s federal income tax reform, including all schedules used on FAFSA (if applicable)
  • Signed copy of student’s federal income tax return, including all schedules used on FAFSA
  • Most recent federal verification worksheet (if applicable)
  • Most recent business/farm supplement or corresponding corporate/partnerships federal tax returns, including all schedules (if applicable)
  • Estate and trust information (submit a copy of appropriate Schedule K-1 of Form 1041 or Form 4970, if applicable).

Awarding Aid

Financial Aid is awarded based on two-time periods: Federal Award Year and FMC Academic Year. The Federal Academic Year is July 1 - June 30 each year. The FMC Academic Year is 3 terms based on your start date.

You will be awarded Federal Direct Student Loans for the FMC Academic Year. Federal Pell Grant and FSEOG are awarded by Federal Award Year, therefore, terms that fall fully in the following Award Year may not receive the same funding as the terms that fall in the first Award Year.

Applicants for financial aid will first be considered for Pell Grant based on their financial need. Unsubsidized Direct Loans and Subsidized Direct Loans will be awarded to those students who meet all eligibility requirements that exhibit financial need. Because there are limited FSEOG funds available, they will be awarded to the neediest students who are also Pell Grant recipients.

To be awarded financial aid at FINE Mortuary College, you must:

  • Demonstrate financial need
  • Have a high school diploma or General Education Development (GED) certificate
  • Be enrolled or accepted for enrollment as a regular student pursuing a degree or certificate in an eligible program
  • Be a United States citizen or eligible non-citizen
  • Have a valid social security number
  • Register with the selective service if required
  • Maintain satisfactory academic progress at FINE Mortuary College
  • Certify that you are not in default on a federal student loan
  • Certify that you will use student aid for only educational purposes

Veterans Benefits

FMC is approved to offer both Veteran’s Benefits and Unemployed Training Benefits.

Maintaining Eligibility for Aid

Your financial aid eligibility for all programs is based on the number of credits you are enrolled in as of the financial aid census date. The census date is typically the day after the last day that a class can be added for the term. That date is Thursday of week one of the start of the term. If you are enrolled on this date, your financial aid award will be adjusted to reflect your actual enrollment and eligibility. You will not be eligible for financial aid for any class you drop prior to the census date.

Students at Fine Mortuary College are considered full-time students if they attend 9 or more credits in a term. Students attending at least 6 credits but less than 9 are three-quarter time. Those attending at least 4.5 credits but less than 6 are half time. Those attending less than 4.5 credits are less than halftime. Students must attend at least half-time to receive Federal Direct Students loans and FSEOG. Students attending less than half-time may be eligible for Pell Grants.

If you drop a course in which you have been participating after the add/drop deadline (week one) but remain enrolled at least halftime, in most cases, your aid for the current term will not be impacted. However, if you drop to less than 4.5 credits, and you have student loans that have not yet disbursed, some or all of your loan may be canceled.

Federal and state regulations require financial aid fund to be awarded under the assumption that a student will attend the institution for the entire period for which assistance was awarded. If you withdraw or are withdrawn from all of your courses for any reason (including academic dismissal, suspension or expulsion) prior to completing at least 60% of the term, you may no longer be eligible for the full amount of federal funds that you were originally awarded. Generally, withdrawing from all courses after the 60% point in the term (week 6) will not result in a reduction of aid for the term. Withdrawing from all courses through the end of the sixth week will result in a proration of aid based on the percent of the term completed.

Fine Mortuary College is required to recalculate your financial aid eligibility based on the percentage of the period that you completed and applicable federal and state regulations. A pro-rated schedule is used to determine the number of federal funds that you have earned at the time of the withdrawal. Thus, a student who withdraws in the second week of classes has earned less or his/her financial aid than a student who withdraws in the fifth week. Once more than 60% of the term is completed, a student is considered to have earned all of his/her financial aid for that term, and his/her financial aid will not be prorated.

If you officially withdraw from FINE Mortuary College, the withdrawal date used to determine your financial aid eligibility will be:

  1. The date the Registrar Office received your withdrawal request, or
  2. The date that you expressed an intent to withdraw to a FINE Mortuary College staff member acting in an official capacity, or
  3. The date that you last attended a course, as reported by your professor(s) or
  4. The date that you last participated in an academically related activity.

Withdrawal instruction can be found in the FMC handbook. If you unofficially withdraw from FINE Mortuary College by abandoning all your classes, the withdrawal date used to determine your financial aid eligibility will be:

  1. The date you last attended a course, as reported by your professor(s), or
  2. 14 days of non-attendance, or
  3. The midpoint of the period for which aid was awarded 

Leave of Absence (LOA) 

A student may request a Leave of Absence from the register office prior to the start of the term. The request must be in writing. At no point during a term will a student be granted an LOA. LOA’s are limited to two consecutive terms and in no instance may they exceed 180 days in any 12-month period. Please refer to the FMC handbook for the policy and procedure for requesting an LOA.

Request for an LOA is decided on an individual basis. Not all requests for an LOA will be granted. Some may be granted for a single term only instead of the usual two consecutive terms. Approval will be at the college’s discretion, based on the worthiness of the request. Financial Aid is neither awarded or disbursed for LOA periods.

Students generally may request only one Leave of Absence while studying at FINE. Students granted two consecutive terms for an LOA are free to return after one term. However, if a student returns after taking only one term away from his/her studies, he/she has forfeited the second term of the LOA and will not likely be eligible for any other LOA over his/her course of study. In other words, once the student registers for classes, he/she has forfeited the possibility of a second term for given LOA and may not be eligible for any additional terms for an LOA unless specific conditions exist.

In a rare case, a student may be awarded a second LOA. A second LOA only will be granted to a student carrying a minimum 3.0 cumulative grade point average and who has only 3-4 courses, including the Comprehensive Studies course (RV232), to complete his/her coursework.

Steps for Returning from a Leave of Absence:

  1. At the time of return, a student must continue to be eligible to register (i.e., have no enrollment restrictions, such as an account delinquency, disciplinary hold, or academic disqualification).
  2. A student returning earlier than the originally agreed return date should provide notice to the Business Office as soon as possible, keeping in mind applicable deadlines, such as advising, registration, financial aid, etc.
  3. It is the student’s responsibility to meet all financial aid requirements and deadlines for the academic year of his/her return.
  4. Students not returning from an LOA as scheduled will be withdrawn. Loan repayment will be based on the last date of attendance or participation in an academically related activity prior to the approved LOA.

Verification Requirements

The Department of Education (ED) selects approximately 30% of all applicants each year for a process called verification. They determine which data elements that were reported on the FAFSA must be confirmed. FMC will notify you if you are selected for Verification by ED, or by the school, and which data elements must be verified. There are various reasons why a FAFSA applicant may be selected for verification. Perhaps the FAFSA included estimates of federal income tax information and actual information now needs to be confirmed. Or maybe the FAFSA was submitted with data that appear inconsistent or unusual or includes the types of information that is frequently misreported. Finally, you may have been selected for verification through a random process used to get a sampling of how accurately families fill our FAFSA.


If you are chosen to verify the information provided on your FAFSA, documentation will be required to complete your file before aid can be disbursed. Documentation may include, but is not limited to: Verification Form(s) from the college, Federal Tax Transcripts (Yours, your spouses and or parents), W-2s, official statements from the source of all non-taxable income received, i.e. AFDC, Social Security, Veterans Benefits, Workmen’s Compensation, Child Support, etc. You will receive an email from the FMC financial aid office detailing what documentation is required. Due to changes in Federal Regulation, we do not accept copies of signed tax returns in the verification process. Students need to utilize the IRS Data Retrieval Tool while filling out their FAFSA to simplify federal verification. If utilized, no additional tax returns information is generally required. If not utilized, or you change the IRS data, you may be required to request a Tax Transcript from the IRS and submit it to the Financial Aid Office. If you do not provide the verification documentation, you are not eligible for federal, state or intuitional financial aid. If you are selected please submit the requested verification information promptly to avoid a delay in your financial aid application processing. It must be submitted no later than 30 days after notification by the FA office to ensure no delay in completion of the awarding process.

If selected steps below will help provide accurate and complete information.

  • Carefully read the Verification Worksheet provided with the email from the FA office. When completing the worksheet respond to every question. Do not leave any lines blank. If the correct answer is zero, write in 0.
  • Submit all documentation requested such as the Verification worksheet and student and or parent W-2 forms (if requested). Submit your tax data by using the IRS data Retrieval Tool if you are eligible, or an IRS Tax transcript if you are not eligible to use the IRS data retrieval tool if requested to do so.
  • Do not submit incomplete materials. Wait until you have all your verification material before submitting your verification packet.
  • Do not submit unrequested documents such as copies of tax returns, tax schedules, tax year comparison reports, or state tax returns.
  • Keep your originals, please only send us copies.
  • If you are a dependent student make sure the Verification Worksheet is signed by the student and one of the parents whose information is reported on the FAFSA.
  • Make sure that you provide all of the W-2 earning statements, you received from employers. The total earnings shown in box 1 of the student W-2’s must match the Wages, Salaries and Tips line of the IRS tax transcript. The same goes for parents (if requested to do so).
  • Provide all verification information promptly

Additional information about the federal financial aid process is available via: