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 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. 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://my grantinfo.csac.ca.gov or at www.webgrants4students.org. CSAC will notify us of your confirmation.
New Competitive Cal Grant – If you decide to reserve your New Competitive Cal Grant for future use, you must request a Leave of Absence for this program online with the California Student Aid Commission (CSAC) at https://my grantinfo.csac.ca.gov or at www.webgrants4students.org and log on your WebAdvisor Colleague Self-Service (webadv-prod.cloud.rsccd.edu) to decline the Cal Grant award at Santa Ana College Financial Aid Office.
Federal work-study – If you have Federal Work-study (FWS) award and want to work, you must accept the FWS on Colleague Self-Service and contact the Student Placement to complete the hiring paperwork and the job interview before reporting to the assigned work place. The Student Placement Office is located at the Village, room VL-106, the office hour is from 9:00 am and 1:00 pm, Monday through Thursday. You must to contact the Student Placement Office before October 12, 2018. Bring a copy of this award letter when you visit the Student Placement Office. If you do not contact the Student Placement Office by October 12, 2018, we will assume that you do not want to work and the FWS award will be cancelled and presented to another student. Since your enrollment will affect your school cost of attendance that is used in calculating your unmet need, you must have a sufficient unmet need to be eligible for the Federal Work-Study program.
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 on-line at www.studentloans.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 atwww.studentloans.gov.
The deadline to submit a loan request form and all required documents for loan
processing for fall 2018 is 11/21/2018, and for spring 2019 is 5/24/2019.
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 cancelled. 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: There are three methods of disbursements: 1) Direct Deposit funds in your Existing Bank Account in 1-2 business days from funding date, 2) Deposit to a BankMobile Vibe Checking Account on the same day as the funding day, 3) Paper check delivered by the USPS in 5-7 business days from the funding day. Students must sign up for their financial aid disbursement method in order to receive their financial aid award funds. Signing up can be done by logging in to the student's WebAdvisor, Choose your disbursement option (BankMobile) by clicking on “Access BankMobile", and follow the instructions to choose the preferred method of disbursement. 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 2018
is 11/16/2018, for spring 2019 is 5/17/2019 and for summer 2019 is 7/11/2019
- 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
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.