Your total scholarship award is scheduled to be distributed evenly over four years beginning Fall 2023. A tuition credit of one fourth the total MICA student aid awarded will automatically be credited to your MICA student account each of the four years. The following criteria must be met for your MICA Scholarship to be renewed each year:
1. You are registered as a full-time undergraduate student. Full-time enrollment at MICA is defined as 12 or more credits per semester. Note that to complete your degree within four years as an entering first-year freshman, the typical course load is at least 15 credits per semester in order to complete 120 credits over 4 years.
2. You may receive a scholarship for a maximum of 4 years (8 semesters) if you begin as a first-year freshman. Transfer credits or advanced standing may reduce the length of your eligibility. For instance, a student who enters with sophomore standing will be eligible for 3 years (6 semesters) maximum.
3. You must remain in good academic standing and maintain the high standards of personal conduct expected of all students in the MICA community.
a. Academic standing is reviewed annually. If you are in good academic standing, your scholarship will be automatically renewed.
b. The Student Affairs Office will notify Financial Aid if there is a serious non-academic conducting violation resulting in your suspension or expulsion from the College. If you are suspended or expelled, your scholarship will be revoked.
To receive your scholarship, you must attend MICA beginning in the Fall 2023 semester. To indicate your commitment to attend you must pay your tuition deposit by May 1, 2023, for Fall Admission. Transfer students must pay their tuition deposit by May 15, 2023.
Additional scholarship awards are available each year through MICA's Returning Student Competitive Scholarship Competition. Applications are due in December of each year, and awards are announced in March. Annual awards range from $500 to $10,000 per student.
If offered, MICA need-based grants are renewable annually. Each year, students must submit a FAFSA and meet the above requirements.