Page 93 - Palo Verde College 2022-2023 Student Handbook / Planner

Financial Aid
HOW TO APPLY FOR FINANCIAL AID
The application used in applying for financial aid is the Free Application for Federal Student Aid (FAFSA). The FAFSA application is available online at https://studentaid.gov/apply-for-aid/fafsa. Students who are not eligible for the FAFSA application and meet the AB 540 residency requirements may complete the California Dream Application online at http://dream.csac.ca.gov. Make sure to list the correct school code on the FAFSA/ Dream application.
College FAFSA School Code Dream School Code Palo Verde College 001259 00125900
The FAFSA/Dream application is available for 2022-2023. The 2023-24 application will be available October 1, 2022. Complete the 2023- 2024 application by March 2, 2023, to meet the California state grant application deadline.
When completing the FAFSA application, the FSA ID is used to electronically sign the online FAFSA. Dependent students will have a parent apply for their own FSA ID number. Parents will need to sign the FAFSA until the student is 24 years of age or no longer considered a dependent student. Dream applicants can apply for a PIN number to sign the application through the Dream Application website.
Once the application is completed the results will be sent to PVC. Students must have an PVC Admissions application on file for the application to be received. An email is sent to the student personal email account outlining financial aid steps. Required actions must be completed at once.
Dependent students who cannot provide parents’ information on the application must first complete the application and submit it online, then after completing the application, visit the Financial Aid office about a Petition for Independent Status (Dependency Override).
Financial Aid Disbursements are issued from the PVC Business Services by paper check. The disbursement dates are listed on our website for reference for reference about the 2022-23 disbursement schedule please view the PVC Financial Aid website link at https://www.paloverde. edu/fin-aid/disbursement.aspx
Please contact the Financial Aid Office if you would like to receive your check via US Mail
The FAFSA will decide eligibility for federal and state waivers, and grants. The Dream application will decide eligibility for the California College Promise Grant, formerly the Board of Governors Fee Waiver.
TYPES OF FINANCIAL AID
The California College Promise Grant (CCPG), formerly the Board of Governors Fee Waiver (BOGW), is a state program which waives enrollment fees for qualifying CA resident students and eligible AB 540 non-resident students. If eligible, the CCPG waives enrollment fees only. California residents complete the Free Application for Federal Student Aid (FAFSA) online at https://studentaid.gov/apply-for-aid/fafsa and list school code #001259, eligible students are awarded automatically. AB 540 students complete the California Dream Application online at https://dream.csac.ca.gov, list school code #00125900 and are awarded automatically if eligible. No separate application is needed.
Students on academic dismissal will not be eligible for the CCPG. The “Loss of CCPG” Appeal is available in the Counseling Department.
FEDERAL PELL GRANT (up to $6,496 for the academic year, subject to change) is awarded to eligible undergraduate students to aid in paying for educational expenses and is awarded based on financial need. Unlike loans, Pell Grants do not have to be repaid (unless students withdraw from courses and owe a refund or do not successfully pass courses). The information provided on the Free Application for Federal Student Aid (FAFSA) is used to produce an Expected Family Contribution (EFC). This EFC number will decide eligibility for the Pell Grant and for how much. The number of units enrolled in, and college satisfactory Academic Progress also decide eligibility. Students enrolled less than half time (less than 6 units) may qualify for a Pell Grant. Once all application procedures are completed with the PVC Financial Aid office, Pell Grant eligibility will be decided. The award letter on Student Planning/Web Advisor will list how much financial aid has been awarded, including the Pell Grant. All award letters are based on full-time enrollment and disbursements are adjusted based on units. Students may not receive Pell Grant funds from more than one school for the same period of enrollment. Students have a "Lifetime Eligibility Usage" (LEU) limit on receiving the Pell Grant. Students are eligible to receive the Pell Grant for 12 full-time semesters. Each full-time semester counts at 50%, with a lifetime limit of 600%. For more information on your individual LEU percentage, log into your financial aid history at www.nslds. ed.gov.
FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT (FSEOG) (up to $910 for the academic year at PVC and is subject to change) is awarded first to students with exceptional financial need and have the lowest expected family contribution (EFC) granted on the FAFSA. Like the Pell Grant, FSEOG is a cash award that does not require repayment if students still are in courses and complete them successfully. Due to limited funding, priority is given to students who apply for the FAFSA by priority deadlines and qualify for the maximum Pell Grant award. This grant is limited and is awarded until funds are exhausted.
CAL GRANTS (up to $1,648 per academic year for Cal Grant B and $1,094 for Cal Grant C.). Cal Grant students who have dependent children may be eligible for an access award of up to $6,000. The Students with Dependent Children (SWD) Grant increases the Cal Grant award by up to $6,000 for qualifying Cal Grant B recipients and up to $4,000 for qualifying Cal Grant C recipients.
To qualify, the student must have dependent children that are under 18 years of age for whom they provide more than half of their financial support during the academic year.
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