Category: Financial Aid

2014-15 FAFSA + Need-Based Grant

The 2014-15 FAFSA will be available as of January 1st, 2014. If you will need Federal Financial Aid for the Summer ‘14, Fall ‘14 or Spring ’15 semesters, we suggest completing the FAFSA form now, via The Monterey Institute school code is 001241. Note that the priority deadline for the FAFSA is March 1st, 2014. We will again be offering Need-Based Grants to qualifying […]

FAFSA Renewal and Need-Based Grant Information

2013-14 FAFSA Forms are Now Available Welcome back! We hope you enjoyed the winter break! If you plan on requesting Federal Financial Aid for the Summer 13, Fall 13 or Spring 14, you should consider completing the FAFSA form now. You can complete the online FAFSA by going to The MIIS school code is […]


Tired of waiting for your annual 1098-T form to arrive in the mail?   Visit to find out how you can receive this year’s 1098-T form online. This is a quick reminder that you can sign up now to receive this year’s 1098-T form online. Through the use of our service provider, students can […]

Student Tuition Recovery Fund

California law requires that upon enrollment a fee be assessed relative to the cost of tuition (Education Code Section 94342). These fees support the Student Tuition Recovery Fund (STRF), a special fund established by the California Legislature to reimburse students who might otherwise experience a financial loss as a result of untimely school closure. Institutional […]

New Verification Procedures for the 2012-2013 FAFSA Application

Starting with the 2012-2013 award year, for students and parents who opt not to use the IRS Data Retrieval process and who subsequently are selected for verification, schools will be required to obtain the tax information — tax transcripts — directly from the IRS. This could lead to long delays in processing. Because we will […]

Federal Student Loan Update

On October 25, 2011, the White House, Office of the Press Secretary, made an announcement regarding changes to help Americans to better manage their student loan debt.  There are two main parts of the change; both deal with loans in repayment. One of the five repayment options Federal student loan borrowers have is called Income […]

Direct Loan MPN Step by Step Instructions

With the new Direct Loan process, students need to sign a new Mastor Promissory Note (MPN) for the Stafford and Graduate Plus Loans.  When signing the MPN online at be sure to use either Firefox or Internet Explore 7 web browser.  Browsers Google Chrome and Safari do not work.  For step-by-step instructions, please click […]

The Monterey Institute is Changing its Loan Process

On March 30, 2010, President Obama signed the Health Care Education and Affordability Reconciliation Act of 2010 (“HCEARA”-H.R. 4872) into law.  This bill makes significant changes to the way every school in the country processes federal loans.   HCEARA eliminates the Federal Family Education Loan Program (FFELP) and mandates that beginning July 1, 2010 all Federal […]

Mandatory Exit Session for Graduating Students

Congratulations to our graduation class of 2010, on achieving a most admirable goal!  Your education! As the recipient of a Federal Stafford Loan, you are required to complete an exit interview.  During this exit interview, you will learn about your rights and responsibilities as the consumer of a Federal Student Loan.  You will also learn […]

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