Page 177 - Palo Verde College 2019-2020 Student Handbook / Planner

Financial Aid
RETURN OF FINANCIAL AID FUNDS
Palo Verde College will determine the amount of federal financial aid that a student has earned in accordance with federal law.
Federal Grant recipients that withdraw from ALL their classes (prior to 60% of the semester) or receive all F’s or F’s and W’s will be held responsible for all funds that Palo Verde College owes back after the Return to Title IV calculation is performed. Should the student fail to repay these funds there will be a national hold placed on their records and they will not be able to enroll in the future. See Refunds and Return of Title IV Funds section.
See a counselor or advisor immediately and discuss your academic or personal reasons for leaving. Maybe there are services (such as tutoring or personal support) that will help you remain in school. Speak with your teachers; see what advice and assistance they can offer.
Please work with the Financial Aid Office. If it is determined that you owe money back to the federal program, you can arrange for regular payments with the federal government without losing your student aid eligibility. It is important to take care of the details before you go. If you leave without making arrangements for repayment of funds you owe, the Financial Aid Office will put a national hold on your student aid eligibility.
HOW TO APPLY FOR FINANCIAL AID
1. Apply online at www.fafsa.ed.gov or over the phone at 1-800-4-FED-AID (1-800-433-3243). PALO VERDE COLLEGE FEDERAL SCHOOL CODE IS 001259
2. Do not leave any questions unanswered unless indicated on the form to skip or leave blank. If the answer is zero or none, put a zero in the answer space to that particular item.
3. Use whole dollar amounts only. Do not use cents.
4. You must provide your social security number (SSN).If you do not provide your SSN, your application cannot be processed.
5. All students applying for Cal Grant will have their GPA submitted electronically by the college if they have completed 24 units or more. The students who have not completed 24 units or more will be required take the GPA Verification form to the last high school of attendance for completion. Your FAFSA application must be postmarked no later than March 2, 2019 to be considered for a Cal Grant. California Community College students have an additional deadline of September 2, 2019. To be considered for a 2019-20 September Competitive Cal Grant award, you must have completed the following application requirements by September 2, 2019*:
• Submitted a 2019-20 Free Application for Federal Student Aid (FAFSA).
• Ensured that a certified Grade Point Average (GPA) was submitted to the California Student Aid Commission (Commission).
• Enroll in a California Community College.
6. Students must re-apply each school year for financial aid.
7. Students may be required to provide an IRS Income Tax Transcript (and their parent’s in accordance to their dependency status) to the Financial Aid Office. Additional forms may be required if the student or their parents received non-taxable income.
8. All California residents who wish to apply for the EOPS Program must pick up a separate application form from the EOPS Office. Awards are given to students with the lowest Expected Family Contribution (EFC). Such awards cannot be determined until a student’s Financial Aid file is completed.
9. Eligible students will receive an “Award Letter” by email from Palo Verde College stating the amount of financial aid the student will receive for the academic year.
10. You will receive an email with the dates and times as to when sessions will be set up to review your award letter. Award letters will be reviewed in groups so it is important that you select a time that is convenient for you. At this time, the student may decide to accept or reject all or part of the award.
11. The Financial Aid Office must be notified of any changes in the student’s status, i.e., number of units, an address, telephone number, etc.
12. It usually takes a minimum of 3 to 5 days to complete the processing of your application once your application has been submitted to the Department of Education.
13. When applying online create a FSA ID at https://fsaid.ed.gov/npas/index.htm. This is your electronic signature for your FAFSA application, your access ID to personal records and it is used to make binding legal obligations. If a student is a dependent, at least one parent will also need an FSA ID to electronically sign, or a signature page may be printed, signed by
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