It is the philosophy of the Financial Aid Office at Mt. San Jacinto College that the parent(s) bear the primary responsibility of supporting their students’ educational cost. Thus, a student who is living with relatives will be treated as an “away from home” student, will be given an “away from home” budget, and will be packaged accordingly. Students who failed to indicated their housing choice on the FAFSA application or choose “on campus” will automatically default to an “at home budget”. Student who indicated a housing status of “at home”, and then move away must provide a rental agreement, lease, or utility bill to change their status to the higher “away from home” student budget.
A 9 month budget will be assigned to all students.
Expected Family Contribution
The expected family contribution used in awarding financial aid at Mt. San Jacinto College will be calculated by the central processor.
Awarding Title IV Aid
Title IV regulations require the Federal Supplemental Educational Opportunity Grant (FSEOG) is awarded to the students with exceptional need, as determined by the lowest family contribution. A ranking of first-priority applicants will be completed to identify the students who will receive these awards, ordered by the date FAFSA was submitted and file completed at MSJC.
1. Board of Governors Fee Waiver
2. Federal Pell Grant
3. Cal Grant
7. Federal Work Study
8. Cal Works Work Study
Federal Pell Grant
Pell Grants will be awarded based on financial need according to your Estimated Family Contribution (EFC) and Cost of Attendance (COA). The maximum award a student is eligible to receive for the academic year will be posted to the students’ account. The maximum Pell grant award is $5,775 for the 2015-2016 academic year. The actual amount a student receives will be prorated based on actual units of enrollment for the term and will be adjusted for changes in enrollment per the disbursement schedule.
Cal Grant will be awarded as notification is received from the California Student Aid Commission of the awards. Cal Grants for the current year for packaging purposes will be posted to the Colleague AIDE screen (both the type of Cal Grant and the dollar amount). The maximum Cal Grant award amounts are determined by the Student Aid Commission:
· Cal Grant B $1656 ($828 Fall semester, $828 Spring semester
· Cal Grant C $547 ($274 Fall semester, $273 Spring semester)
At the time funds are ordered, a student’s units will be verified and the student will be paid according to the number of units they are enrolled in. No students will be paid for enrollment below 6 units. For those students who are paid as halftime or three quarter time, then subsequently add units, we will verify and confirm if a differential check needs to be issued.
FTSSG (Full Time Student Success Grant)
Full Time Student Success Grants will be awarded based on financial need accordig to your Estimated Family Contribution (EFC) and Cost of Attendance (COA). The maximum FTSSG is $600 per academic year. To receive the FTSSG, a student must have received a Cal Grant B payment and enrolled in full time. All awards are subject to change based on the availability of funds.
FSEOG (Federal Supplemental Educational Opportunity Grant)
To receive FSEOG, a student must meet the “exceptional need” criteria. The FSEOG award amount is up to a maximum of $700 per academic year. Students must be enrolled in at least 6 units to receive the award. Award amounts are subject to change based on the availability of funds.
FSEOG will be automatically packaged and posted to the student’s account for all who meet the eligibility criteria as noted above.
The selection of EOPS/CARE recipients will be the responsibility of the EOPS/CARE Office. To be eligible for EOPS, a student must meet the income criteria for BOGW A or B. It is the policy of the EOPS/CARE program to award students even if they are not eligible to receive financial aid.
Federal Work Study Program
The FWS award amount is up to a maximum of $4000 per academic year. To be considered for FWS, the student must meet the following:
1. Have completed his/her FAFSA by the March 2nd priority deadline
2. Indicated interested in FWS on their FAFSA
3. Have Pell eligibility
4. Be enrolled in at least 6 units
If the need of the first priority applicants cannot be met within the limits of the FWS fund available, awarding will be based on a first come first serve. Also FWS priority may be given to certain categories of students. As long as they remain eligible and meet the first priority deadline, students who received FWS in the previous award year will receive it again in the current year (not to exceed a maximum of two years). A FWS award will be posted o the students’ account.
Acceptance of a FWS award does not guarantee placement in an actual position. Placement for FWS is limited and cannot be guaranteed; Students are encouraged to search and get placement in a FWS job as early as possible in the academic year.
Board of Governors Fee Waiver (BOGW)
To qualify for the BOGW program, a student must be a resident of California or an eligible nonresident under AB540. If Enrollment Services determines that the student must pay out of state tuition, that student is not eligible for the Board of Governors Fee Waiver. There are three methods to determine eligibility:
Method A) The student is eligible if they receive TANF, SSI/SSP, GR/GA or is a dependent of a disabled or deceased (service-connected) veteran.
Method B) The student is eligible if the student’s or parent(s) of a dependent student’s income and household size meet the criteria levels.
2015-2016 Income Standards (income must be verified)
Method C) If the student has completed the FAFSA or CA Dream Application and has at least $1104 of need as determine by the Central Processor or California Student Aid Commission.
A student that pays their own enrollment fees and are later determined to be eligible for the BOGW will need to request reimbursement for the fees that were paid.
Disbursement Schedule and Method
After receipt of the financial aid notification email, aid will be disbursed according to the disbursement schedule. If the first disbursement date is missed, then the first disbursement will be within four weeks of receiving your Award Notification.
Enrollment in late start classes will not be counted until the second and third major grant disbursements.
All checks will be mailed to the address on file with Enrollment Services. In cases of special circumstances as determined by the financial aid administrator, a check may be made available to pick up. Documentation of special circumstances is required.
Early Check Release
If a student has a financial emergency, the Financial Aid Supervisor may at their discretion authorize an early check release and/or pick up with sufficient documentation.
If a student has federal aid other than Federal Pell Grant, reduce the other federal aid until the over award is eliminated (starting with self help aid first).
A student will be sent a revised Financial Aid Award Notification email when other awards are added or deleted because a student is eligible for additional awards and/or to correction an over-award. All awards that are available for the student to view on Eagle Advisor.