​​​​​​​​​​Conditions and Requirements for Financial Aid Funds​​

Financial Aid funds offered in your financial aid offer notification 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 Offer​​- 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 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 your financial aid offer may be revised according to the evaluation result.  You can only receive financial aid from one school per term.  Concurrently receiving financial aid from more than one school will create an overpayment and will result in being billed for the financial aid funds overpaid.

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://mygrantinfo.csac.ca.gov/.  CSAC will notify us of your confirmation.

Direct Loans – To apply for a Federal Direct Student Loan, you must complete the loan request form and submit it to our office as soon as possible before the deadline.  You must complete the Master Promissory Note (MPN) and the Student Loan Entrance Counseling online at www.studentaid.gov before you submit the loan request form.  Student Loan Exit Counseling is also required once you cease below 6 units or stop attending Santa Ana College. Exit Counseling can be done online at www.studentaid.gov.  The deadline to submit a loan request form and all required documents for loan processing for fall 2022 is 11/18/2022, and for spring 2023 is 5/12/2023.  If you have turned in a loan request but have not turned in 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 canceled. You must maintain at least half-time (6 approved units) enrollment and meet all federal aid requirements to be eligible for the Direct Loan program.

Method of Fund Disbursements:

Santa Ana College delivers your refund with BankMobile Disbursements, a technology solution, powered by BMTX, Inc. Visit this link for more information: https://disbursements.b​mtx.com/refundchoicessso/  
To view our third-party servicer contract for refund management, click here​ 

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

CAL GRANT LIFETIME LIMITATION

• There is a limitation of 400% lifetime for a Cal Grant B program for students start attending college as a freshman.

• There is a limitation of 200% lifetime for a Cal Grant C program for student enrolls in an occupational, technical, or vocational program that is at least 4 months in length and but no longer than twenty-four months at a CA Community College.

• Student uses 100% each year for full-time enrollment.  Less than full-time enrollment will have the percentage prorated.  Students should check with the financial aid office if they want to save the Cal Grant award for transferring.

• Cal Grant B Students are strongly advised to take 15 units per semester in order to graduate within four years.  That is two years (200%) at Community College and two years (200%) at the four-year College.

• To encourage full-time attendance and successful on-time completion, Community College Cal Grant Students who enroll and attend 12 units or more will be eligible for the new Student Success Completion Grant (SSCG) up to $4,000.00.

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 2022 is 11/11/2022, for spring 2023 is 5/12/2023 and for summer 2023 is 7/06/2023.
  

• Students, who went through the SAP Appeal process and was approved for an academic program, must adhere to the Comprehensive 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 his/her financial aid disbursement if a student withdraws from all or part of his/her classes.  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.