CONDITIONS / REQUIREMENTS FOR ACCEPTING AWARD FUNDS

• All award funds – If you attended a four year college, your academic transcripts from all prior colleges must be on file in the Admissions’ office. Notify our office upon submitting your transcripts to the Admissions’ office so our office can request them to evaluate your transcripts.

• ACG, Cal Grant B, and/or Direct loan - Your academic transcripts from all prior colleges/universities, both in the U.S. and foreign countries, must be submitted to the Admissions’ office.  Notify our office upon submitting your transcripts to the Admissions’ office so our office can request them to evaluate your transcripts.

• 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 or at www.webgrants4students.org.  CSAC will notify us of your confirmation.

• Federal work-study –

  ·         You must contact the Student Placement Office, room U-222 by October 10^th, 2012, to arrange for a job assignment.  Bring a photocopy of this award letter when you visit the Student Placement Office.  If you do not contact the Student Placement Office by October 10^th, 2012, we will assume that you have changed your mind and the FWS award will be cancelled and presented to another student.

  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 (for returning borrowers, please see our website for more information).  Before coming to the workshop, you must complete the Master Promissory Note (MPN) on-line.  At the workshop, you will be asked to complete an Entrance Counseling with the Department of Education. 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.  Loan amount will be divided in two checks each semester. Late applicants may receive one combined check for two disbursements.  An Exit Counseling is required before we disburse the second part of your loan. Entrance/Exit Counseling and MPN must be done online at www.studentloans.gov.  The Dept. of Ed will notify us upon your completion.  If we do not receive all required documents for loan processing by November 30^th, 2012, we will assume that you have changed your mind and the Direct Loans will be cancelled.

  
  

• Please be aware that 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.