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Financial Aid 2011-12

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Financial Aid 2011-12. Federal School Code: 001163. What is Financial Aid?. Financial Aid is a number of federal, state, and private funding programs available to assist students with educational expenses. BOGW- fee waiver – (waives tuition fees for California residents) Pell SEOG ACG - PowerPoint PPT Presentation
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Federal School Code: 001163
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Page 1: Financial Aid  2011-12

Federal School Code: 001163

Page 2: Financial Aid  2011-12

Financial Aid is a number of federal, state, and private funding programs available to assist students with educational expenses.

BOGW- fee waiver – (waives tuition fees for California residents)

Pell SEOG ACG Cal Grant FWS – (earned by working on campus)

Page 3: Financial Aid  2011-12

Complete the Free Application for Federal Student Aid (FAFSA) online at: www.fafsa.gov

The FAFSA is easy, quick, and freeApply early The priority deadline to apply is March 2,

but you can still apply after that date. Though, some aid is available on a first-come, first-serve basis.

Page 4: Financial Aid  2011-12

If you are filling out the FAFSA online for the first time, you will need a Federal Student Aid PIN (Personal Identification Number). Your PIN allows you to sign your FAFSA electronically.

Your parent may also need a PIN if they have to sign the FAFSA

You can request a PIN in step 1 of completing the FAFSA at www.fafsa.gov or go directly to www.pin.ed.gov .

Page 5: Financial Aid  2011-12
Page 6: Financial Aid  2011-12

You only need to apply once a year for each academic year.

You can complete the FAFSA as early as January 1 – March 2 for the following academic year (school year)

Remember March 2 is a priority deadline; some aid may not be available if applying later

Page 7: Financial Aid  2011-12

Your Social Security Number Your driver’s license Your W-2 forms for the previous year and

other records of money earned Your (and your spouse’s, if you are married)

Federal income tax return Your (and your parent(s) Records of Child support paid (if applicable) Documentation that you are a U.S. permanent

resident or other eligible noncitizen

Page 8: Financial Aid  2011-12

You will receive a Student Aid Report (SAR) from the federal processor by email approximately 24-48 hours after you submit your FAFSA, or within two weeks if you requested your results to be mailed to you.

Review your SAR. It will tell you if additional information is needed for processing or if you have been selected for “Verification”.

Page 9: Financial Aid  2011-12

Be sure you list correct information such as, Social Security Number, Date of Birth, legal name.

Page 10: Financial Aid  2011-12

The federal processor will process the information you submit on the FAFSA, but the Financial Aid Office will complete the process by reviewing eligibility and completing your file.

By adding our Federal School Code 001163 to your FAFSA, Chaffey College will also receive your results.

Page 11: Financial Aid  2011-12

Once results are received, we will email you informing you that additional information is needed for processing or if you have been awarded.

If you have been awarded you will also receive an e-mail informing you to view and accept your awards online.

Page 12: Financial Aid  2011-12

Verification means that the Financial Aid Office must verify the data reported on your FAFSA. You will be required to submit your and/or your parents’ tax information for processing.

If you have been selected for verification, the Financial Aid Office will notify you by email.

You may also log on to MyChaffeyView to see if verification documents are listed under “My Documents”

Page 13: Financial Aid  2011-12

Check if documents are needed at www.chaffey.edu/chaffeyview on MyChaffeyView under My Documents.

Check the status of your financial aid awards by logging on to on MyChaffeyView under My Awards.

You must Accept or Reject your awards online in order to receive funding on MyChaffeyView under Accept or Reject my Awards.

Page 14: Financial Aid  2011-12

Once your Financial Aid file has been completed, you will receive an email informing you to view your awards online by logging on to MyChaffeyView.

You must Accept or Reject your awards online in order to receive funding.

Page 15: Financial Aid  2011-12

Funds are electronically disbursed into a grant account at the Chaffey Federal Credit Union (CFCU) and you will be issued an ATM card free of charge.

You also have the option of having funds transferred to your own bank account free of charge by completing an ACH form and submitting to any of the CFCU branches at least five (5) days prior to disbursement.

Page 16: Financial Aid  2011-12

Establish your account and get your ATM card in time for your disbursement. Visit one of the CFCU branches as soon as possible:

Rancho Cucamonga Branch: 9679 Baseline Rd, Rancho Cucamonga, CA 91730

Ontario Branch: 410 Lemon Avenue, Ontario, CA 91764

You will need to take your class schedule or award printout, Social Security Card, and a valid Drivers License or California ID.

ACH transfer request forms and Disbursement Dates are available online at www.chaffey.edu/finaid.

Page 17: Financial Aid  2011-12

Awards are awarded based on full-time status but the amount you receive will be adjusted according to your enrollment status.

Most students don’t have to be enrolled full-time to be eligible for financial aid.

However, you must maintain Satisfactory Academic Progress.

Page 18: Financial Aid  2011-12

Students must meet academic progress requirements to receive financial aid.

You must maintain a 2.0 cumulative GPA, work towards completing a degree or certificate, successfully complete a minimum of 67% of all attempted units, and not exceed 90 attempted units.

Refer to the Satisfactory Academic Progress Probation Policy for complete requirements at: www.chaffey.edu/finaid.

Page 19: Financial Aid  2011-12

You may lose your aid or have to pay back unearned money if you withdraw from courses.

For complete details about financial aid programs and policies, please refer to the Financial Aid Website: www.chaffey.edu/finaid


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