Students receiving the Millennium Scholarship must be in a degree program. The amount of the grant is determined by a needs analysis. The actual award is based on the results of the needs analysis, the student budget at the institution and the number of credits for which the student enrolls. Students who show the greatest need are given preference for this grant. Students who show the least ability to contribute to their educational costs are given preference for this grant.
Students initiate the application process by contacting their specific tribal office.
To receive the separate loan application, the student must attend a group workshop. The TMCC Financial Aid office determines who is eligible and the amount of the loan. Students having exceptional need and the least ability to contribute to their own educational costs are given priority. Repayment begins when the student graduates, leaves school or drops below six credits. The interest rates are variable and are linked to the Treasury Bill Rate.