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Financial Aid 101

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on 14 October 2014

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Transcript of Financial Aid 101

KEEPING YOUR AID
Satisfactory Academic Progress:
Financial Aid 101
TYPES OF AID
The FAFSA website
Loans
GETTING YOUR REFUND
If you've completed a FAFSA before, you can log in here.
First time completing a FAFsA? Start HERE!
To log onto the FAFsA website you will need::
Social Security Number
Date of Birth
First two letters of last name
The more you know, the more you grow!
A quick introduction to financial aid at CCD
APPLYING FOR FINANCIAL AID
In two simple steps!
Complete the
FREE
FAFSA application at
www.fafsa.ed.gov
. CCD receives your application 3-5 business days after you submit it.
The FAFSA application is available every January 1st.
Follow up with the school!!
Check your CCD Email and your CCDConnect account.

Be prepared to provide personal and tax information for yourself and your parent(s).
You may be required to submit additional information or documents!
PELL Grant
-
FREE MONEY!!
This grant is based off of the information provided on your FAFsA. Funds are allocated based on how many CREDIT hours you are taking.
Scholarships
-
FREE MONEY!!
Scholarships provide a great opportunity for you to receive additional funds!
Apply at
ccd.edu/scholarships
Remember the PRIORITY DEADLINE to submit your application is April 15th!
Work-Study
-

A smart way to earn extra cash. Earn a bi-weekly paycheck by working within the school! Positions are available campus wide and look great on your resume.

Keep in mind you must be enrolled in at LEAST 6 credit hours to qualify for work-study.
Loans are
NOT FREE MONEY!
Use them
ONLY
if you need to!
You will pay back more money than what you borrowed.
You MUST begin repaying your loan 6 months after you drop below 6 credit hours.
Student Loan Debt will FOLLOW you for the
REST OF YOUR LIFE
. There is absolutely
NO
way to get rid of the debt other than paying it in
FULL
.
Subsidized Loan
Unsubsidized Loan
No Interest accrues on this loan while enrolled in 6+ credit hours
Only available for 150% of your degree's program length
(3 years for Associate's)
Accrues
4.66%
interest while in school!!!
"Every time you borrow money, you're robbing your future self" - Nathan W. Morris
Your Financial Aid will pay into the balance of your tuition+fees 2 weeks before classes start
Book Advance: Up to $500 the week before classes start.
Make sure your financial aid is enough to cover the cost of your tuition and fees.
(Tuition Deadline is Monday before classes start!)

Any funds left over after tuition+fees have been paid will be given back to you in the form of a refund.
HIGHER ONE: ALL refunds are deposited onto your Higher One Debit Card. Funds can be deposited into a personal banking account, but may be delayed 2-3 days.
In order to meet Satisfactory Academic Progress and receive future financial aid at CCD you must:
Hold a minimum G.P.A. of 2.0 (C average).
Hold a minimum completion rate of 67%
Not exceed 150% of your program length
Know Before You Owe:
Check with FA before you withdraw from classes!!

You may owe money back to CCD or lose your eligibility in the future,
Drop Date:
Withdrawal Date:
Contact Info:
EMAIL:
financialaid@ccd.edu
WEBSITE:
www.ccd.edu/finaid
PHONE:
(303) 556-5503
FACEBOOK:
www.facebook.com/CCDFinAid
LOCATION:
Confluence Building, Room 120
HOURS:
Monday-Thursday: 8am-5pm

Friday: 9am-5pm
Not fail or withdrawal all classes in any single semester (0% completion for the semester)
Full transcript