At the end of the students second year of enrollment the students is eligible for a renewal award for up to two years as long as the student successfully completes at least 24 credits but less than 30 credits.
Yes. Award recipients that successfully complete at least 24 credits but less than 30 credits will have their award adjusted based on the amount the student would have otherwise received multiplied by the ratio of the number of credits successfully completed divided by 30.
For example a student who earns 24 credits, may expect their $3,000 EA grant to be adjusted by calculating 24/30 x $3,000 for a total award of $2,400.
If an award recipient fails to successfully complete 24 credit hours at the end of the second year the recipient then becomes ineligible for the award.
MHEC will consider all credits successfully completed during the student’s sophomore year towards the successful completion of 30 credits.
Yes. When MHEC performs awarding to eligible renewal students in March award recipients will receive a tentative award amount at the maximum award level. Then, once the institution updates MHEC of the number of credits successfully completed by the student at the end of the Spring and or Summer semester the award will be revised as applicable to reflect the accurate award amount in alignment with the number of credits successfully completed at the end of the students’ second year and thereafter.
MHEC is notified of the number of credits that award recipients successfully completed at the end of their second year and thereafter once the institution uploads the credits in the MDCAPS system.
Institutions must report the number of credits successfully completed for each award recipient at their respective institution at the end of the students’ second year and thereafter.
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