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Award-Letter-and-Condition-Requirement

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Dinh, Ha

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CONDITIONS / REQUIREMENTS FOR ACCEPTING AWARD FUNDS

 

Award funds offered in your award letter are tentative.   Certain funds require additional processing steps before disbursement.  It is your responsibility to complete the process to ensure funds can be confirmed and disbursed to you.

 ·          All awards - Your academic transcripts from all prior colleges/universities, in the U.S. and/or foreign countries, must be submitted to the Admissions’ office.  Notify Santa Ana College’s financial aid office upon submitting your transcripts to the Admissions office so the financial aid office can request Admissions’ office to evaluate your transcripts. Your Satisfactory Academic Progress will be recalculated after the transcript evaluation, and you award may be modified according to the evaluation result. 

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New Cal Grant Entitlement – You must confirm your high school diploma status with the California Student Aid Commission (CSAC) if you haven’t already done so.  You can do this online at https://my grantinfo.csac.ca.gov or at www.webgrants4students.org.  CSAC will notify us of your confirmation.

 ·          Federal work-study You must go to the Student Placement Office, room U-222 to schedule an appointment for a job interview.  The Student Placement Office staff will begin scheduling appointments on August 21st, 2014 and continue thru September 11th, 2014. Bring a copy of this award letter when you visit the Student Placement Office.  If you do not contact the Student Placement Office by September 11th, 2014, we will assume that you have changed your mind and the FWS award will be cancelled and presented to another student. You must maintain at least half-time (6 approved units) financial aid status to be eligible for the Federal Work-Study program. 

·          Direct Loans –If you want to borrow a Student loan, you must pick up a loan packet and sign up for a loan workshop at the financial aid office.  Before coming to the workshop, you must complete the Master Promissory Note (MPN) and the Student Loan Entrance Counseling on-line at www.studentloans.gov.  Your electronic MPN and Entrance Counseling must be on file in the financial aid system before your student loan(s) can be originated and disbursed.  At the workshop, you will learn about your Right and Responsibilities, SAC Direct Loan program Policy and Procedures, and you will be given a test.  To demonstrate your knowledge and understanding of the Direct Loan Program, you must pass the test or your Loan Request will not be processed. A Student Loan Exit Counseling is required and must be completed after your last loan disbursement or before the current academic year ends. If you don’t complete your Student Loan Exit Counseling, then a HOLD will be placed on your student record. Exit Counseling can be done online at www.studentloans.gov.  Deadline to submit all required documents for loan processing for fall 2014 is November 20th, 2014, and for spring 2015 is May 14th, 2015.  If we do not receive all required documents for loan processing by the deadlines, we will assume that you have changed your mind and your Direct Loan Request will be cancelled. You must maintain at least half-time (6 approved units) financial aid status to be eligible for the Direct Loan program.

 NO PELL GRANT AWARD

If your award does not include a Pell Grant, you may either:

·          Have a high EFC that does not qualify you for a Pell Grant award

·          Have a Bachelor’s degree that does not qualify you for a Pell Grant award

·          Have exceeded the 600 percent lifetime used of Pell Grant according to the new Federal Law

 SATISFACTORY ACADEMIC PROGRESS (SAP) POLICY

·          RSCCD is required by federal regulations to establish a Satisfactory Academic Progress Policy.

·          Students who do not meet the minimum SAP standards will lose their eligibility for financial aid. The complete SAP policy can be found on the financial aid page at www.sac.edu. Deadline to appeal for fall 2014 is November 21st, 2014, and for spring 2015 is May 15th, 2015.

·          Students, who went through the SAP Appeal process and was approved for an academic program, must adhere to the Educational Plan developed for that program.  The financial aid award may be modified to reflect only the units required for that program.

 RETURN OF TITLE IV FUNDS AND OVERPAYMENT

Federal regulations require that a student must pay back part or all of their financial aid disbursement if a student withdraws from all  or part of their classes before October 31st, 2014 of the fall 2014 semester and April 24th, 2015 of the spring 2015 semester.  Please make an appointment with a financial aid advisor if you consider dropping your classes.

 RELEASE OF INFORMATION

The Family Educational Rights and Privacy Act (FERPA) provide students certain rights regarding their educational records, including information on the student’s financial aid application. As a rule, the RSCCD Financial Aid Offices cannot release information to anyone other than the student. If you want RSCCD to release information to someone else, please visit our Financial Aid Office and request a Student Authorization Release Form. You must present your Student ID, current California ID, or California Driver’s License to make this request.

 If you have any questions, please contact the Santa Ana College Financial Aid Office at (714) 564-6242.

 
 
 
  
 
 
 
 

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HNYXMCCMVK3K-646-28
Content Type: SAC Page
Version: 10.0
Created at 11/28/2011 7:27 PM by Dinh, Ha
Last modified at 8/13/2014 5:00 PM by Dinh, Ha