Mt. SAC Title IV Code of Conduct
Mt. SAC participates in the William D. Ford Federal Direct Student Loan Program. The Financial Aid Office will process loans
at the student’s request if eligible through the federal financial aid programs.
Mt. SAC adheres to the following Code of Conduct:
• Mt. SAC does not have revenue sharing arrangements with any lender. Advisory boards will not receive compensation
from a lender.
• Employees in the Financial Aid Office are prohibited from receiving gifts from lenders, guaranty agencies or loan
servicers.
• The Financial Aid Office does not contract with any lender and does not receive any staffing assistance from lenders.
• The Financial Aid Office at Mt. SAC will process loans in a timely manner.
Students will be advised to borrow loans through the federal student loans programs. Mt. SAC will not certify private or
alternative loans.
Financial Aid Refunds
For students who have financial aid greater than total charges for the term, they will receive the difference in a refund.
This process is called disbursement and happens three (3) times a term, but runs continuously on a weekly basis. At each
disbursement run, eligibility will be checked and student must meet all requirements for financial aid to be released to their
students account. Once financial aid moves over to student account, a refund will generate, after all charges are covered.
Mt. SAC uses a third-party vendor to issue refunds to its students. The approximate timeline from disbursement varies based
on the reimbursement option selected by the student. ATM machines are on campus for use.
ATM Machines
ATM’s are located in prominent buildings on campus for student convenience.
Students may access their funds by using any ATM card, however a fee will be charged.
Bursars Office - Bldg 4
Student Life Center - Bldg 9C, 1st floor
Student Services - Bldg 9B, 1st floor
Library-Bldg 6 - North - 2nd floor
Student Services - Bldg 9B, 2nd floor
Applied Science & Technology - Bldg 28, 1st floor
Financial Aid Q & A
What do I need to complete FAFSA or CA Dream Act application?
When filling out the Free Application for Federal Student Aid (FAFSA)or CA Dream Act application you should have the
following:
• Your Social Security Number (not needed for CA Dream Act).
• Your W-2 Forms and other records of money earned.
• Your Federal Income Tax Return.
• Your parents’ Federal Income Tax Return (if you are a dependent).
• Your current bank statement.
• Your untaxed income records - such as Veterans non-education benefit records, child support received, or
unemployment benefits.
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