Folsom Lake College Financial Aid Online Orientation (Text-Only version)

Welcome to FLC's Financial Aid Online Orientation

Instructions:

There are 6 sections in this Online Orientation. Within each section, there are several articles that you must read. These articles explain the financial aid process, your rights and responsibilities as a financial aid recipient, and time limits for receiving aid.

Please take some time to review the articles in the six sections. Once you have read them, and believe you understand the financial aid process, please take the Financial Aid Orientation Quiz.

-- Financial Aid Staff

Important Deadlines

December
Learn about the Financial Aid application process. Get a FAFSA application or go on the web at www.fafsa.gov to become familiar with the application process. DO NOT SUBMIT THE FAFSA UNTIL JANUARY 1.

January 1
Begins the processing cycle for the next school year's FAFSA. Apply as early as you can.

March 2
The FAFSA priority filing date for all new and continuing students. Apply early for best results.

March 2
Deadline for the California Student Aid Commission (CSAC) to receive your completed Grade Point Average (GPA) Verification Form and to apply for Cal Grants.

September 2
For California Community College students only, this is a second Cal Grant opportunity. CSAC must receive your completed GPA Verification Form, and you must have filed the FAFSA.

Staff Message

Dear Student:

Welcome to Folsom Lake College!

There are many types of financial assistance available to help you pay for the enrollment fee, books, transportation and other educational expenses.

This Orientation will help you understand the types of financial assistance that are available to many students, how to apply, and how to maintain eligibility. Don't count yourself out... apply today!

Visit our friendly Financial Aid Office for advice and application assistance.

Sincerely,
Folsom Lake College
Financial Aid Staff

Non-Discrimination Policy
Los Rios Community Colleges - in compliance with Title VI and VII of the Civil Rights Act of 1964, Title IX of the 1972 Education Amendment and Section 504 of the 1973 Rehabilitation Act - does not discriminate on the basis of race, creed, color, national origin, sex, age, mental or physical handicaps in any of its policies, programs or activities, including admission, employment, financial aid and educational services.

Office Location and Contact Information
Location:
Folsom Lake College
10 College Parkway
Folsom, CA 95630
(916) 608-6646
Website: www.flc.losrios.edu
Office Hours:
M T W Th F
8:30-5:00 PM 8:30-5:00 PM 8:30-6:30 PM 8:30-5:00 PM 8:30-4:30 PM

El Dorado Center
6699 Campus Drive
Placerville, CA 95667
(530) 642-5651
M T W Th F
8:30-5:00 PM 8:30-5:00 PM 8:30-5:00 PM 8:30-5:00 PM BY APPOINTMENT

Rancho Cordova Center
10378 Rockingham Dr.
Sacramento, CA 95827
(916) 255-0717
M T W Th F
8:30-5:00 PM BY APPOINTMENT BY APPOINTMENT 8:30-5:00 PM BY APPOINTMENT

Section #1: Paying for College

Once you decide to go to college, you have to figure out how to pay for it. The primary responsibility for paying for college lies with you and your family.

However, the government and many private institutions recognize that a college education is not only good for you but for society as a whole. These institutions have put aside considerable amounts of money to help you pay for school.

How Can I Pay for College?

When it comes to paying for college, you need to know your options. Don't make decisions without knowing how the process works! Otherwise, you may miss out on some help that could make your life easier.

There are many ways to pay for your college costs. Costs may include school fees, transportation, housing, and books. These are all a part of being a college student. You can pay using your savings, help from family, earnings from working a full or part-time job, scholarships, or financial aid from the government. After exhausting all these options, there are also loan programs to carefully consider.

Both the Federal government and State of California have put aside considerable financial aid to help people pay for a college education. Pell Grants, for instance, can award you up to $5,550 a year. To determine what you might be eligible to receive, you must fill out the Free Application for Federal Student Aid, called the FAFSA application.

The most appealing type of support you might receive is a grant. Grants are a terrific way to pay for college because the money you receive does not need to be paid back. However, the only way to determine if you can receive federal and state grants is to file the FAFSA. Contact us if you need help completing this application.

The State of California also awards Cal Grants to help cover college costs. To determine your eligibility, you must file the FAFSA and send a GPA Verification Form to the California Student Aid Commission. California residents who meet certain eligibility requirements may have their enrollment fee waived entirely. If you qualify for the Bog Fee Waiver, 50% of the Universal Transit Pass (UTP) fee will be waived.

Some students also consider part-time or full-time work, or "work-study" opportunities. The Financial Aid Office can help you find employment on campus.

Student loans are also a possible option for covering your costs after you explore other options. Just remember that they must be paid back over time with interest. Many students find it helpful to create an anticipated budget that estimates the likely costs of attending college. By creating a budget that estimates your costs and your likely sources of income, such as family support, jobs, savings, scholarships, grants, and loans, you will be able to make the best decisions about paying for your education. Also, you may benefit from meeting with a school counselor to develop a Student Education Plan.

Finally, remember that if you are unsure about anything, it never hurts to ask questions. Nothing beats making "informed" decisions about money.

Eligibility for Financial Aid

In order to be eligible for federal financial aid, you must satisfy the following requirements:

You must have a high school diploma, GED or equivalent. If not you must have successfully completed 6 degree applicable/transfer units at FLC, or if you are 18 years old, you may pass an independently administered "Ability to Benefit" test approved by the U.S. Department of Education.
You are a U.S. citizen or eligible noncitizen.**
You have completed the required forms.
You maintain satisfactory academic progress as defined by the college.
You have financial need (except in the case of unsubsidized loans).
You are in compliance with Selective Service Registration (male students only).
You do not owe a refund or repayment on a federal grant.
Do not owe a overpayment on a federal grant.
If you are a dependent student, your parent(s) is required to provide his or her Social Security number. If the parent(s) does not have a Social Security number, he or she may enter zeros on the FAFSA Application.
You must not have been convicted of possession or selling illegal drugs while enrolled and receiving financial aid in college.

** Eligible Non-Citizens: Generally, you are an eligible non-citizen if you are a (1) a permanent U.S. Resident with a Permanent Resident Card (I-551 or I-151) (also known as a green card); (2) a conditional permanent resident (I-551C); or (3) the holder of an Arrival-Departure Record (I-94) from the Department of Homeland Security showing the designations of "Refugee," "Asylum Granted," "Parolee" (I-94 confirms that you were paroled for a minimum of one year and status has not expired), "Conditional Entrant" (valid only if issued before April 1, 1980) or "Cuban-Haitian Entrant, status pending" or Cuban- Haitian Entrant; (3)"Victim of human trafficking", T-Visa holder (T-1, T-2, T-3, etc.).

Should I apply?

If you satisfy the eligibility requirements, you should complete the Free Application for Federal Student Aid (FAFSA). Once you apply, the federal processor will calculate what is known as your expected family contribution (EFC). This is an estimate of what you and your family can afford to pay toward your college education.

Your financial "need" is the difference between the cost of attendance and the EFC. The cost of attendance is an average cost to attend Folsom Lake College for 9-months.

You are encouraged to complete a FAFSA even if you think your parents earn too much money for you to qualify for financial aid. You will never know whether you can receive support unless you apply.

Section #2: Applying for Financial Aid

To apply for financial aid, you need to think about 5 letters: F-A-F-S-A. These letters stand for the Free Application for Federal Student Aid. Completing this application is the key to unlocking many sources of financial support.

How to Apply

To apply for both federal and state aid, you need to file the Free Application for Federal Student Aid (FAFSA). You must apply or renew your FAFSA every school year you plan to attend.

The FAFSA is the key to unlocking possible funds, such as the Pell Grant or Cal Grant, for your fees, books, supplies, and other educational expenses.

There are three ways to complete a FAFSA:

* Online (FAFSA on the Web) at www.fafsa.gov (recommended)

* PDF FAFSA (download file) at http://federalstudentaid.ed.gov/fafsa_options.html
Complete the PDF FAFSA and mail it to the address indicated on the first page of the PDF.

* Paper FAFSA (request a copy by calling 1-800-4-FED-AID [1-800-433-3243]).
If you are hearing impaired, please contact the TTY line at 1-800-730-8913.
Complete the paper FAFSA and mail it to the Federal Processor in the envelope provided.

To expedite the process, you will need a PIN # so you can e-sign the FAFSA. A PIN # can be obtained at www.pin.ed.gov. If you are a dependent student, your parent can also apply for a PIN # online at www.pin.ed.gov. Only one parent is required to apply for a PIN # in order to sign the FAFSA.

Whether you apply with a paper application or online, use the appropriate FAFSA School Code. The Federal School Code for Folsom Lake College is 038713.

Be sure to keep a copy of the FAFSA for your records.

FLC Financial Aid Applicant Requirements

Name and Social Security Number (SSN): Use the same proper full name shown on your Social Security Card when completing the FAFSA. Also, make sure you report your accurate SSN. Your name and SSN must match several database edits, including Immigration, Social Security Administration and Selective Service. Use this name and SSN when applying for admission to the college and registering for classes. Inaccurate information may result in lengthy delays.

Declare a valid Educational Goal: Although you may attend the college without declaring a valid educational goal or degree objective, you may not receive financial aid unless you declare a valid educational goal. You would do this when you complete the application for Admission or the Supplemental Form at the time you register for classes. Be consistent, discrepancies or invalid educational goals may result in lengthy delays.

High School Diploma or Equivalent: Students must have a high school diploma or equivalent, pass an "Ability to Benefit" test, or must have successfully completed 6 degree applicable/transfer units at FLC to receive financial aid. Students must be 18 years or older to take the Ability to Benefit test.

Satisfactory Academic Progress: All students must be making Financial Aid Satisfactory Academic Progress to continue to receive financial aid. This policy is attached and will be sent with your Award Letter.

Loan Default or Grant Overpayment: A loan default or owing a grant overpayment must be resolved to receive financial aid.

Enroll in Classes: Enroll in classes at your earliest opportunity. You can't get financial aid unless you are registered for classes. Six units or more for most financial aid programs and fulltime of twelve units or more may increase your award amount. Some students may qualify for Pell Grant with less than 6-units.

Accessing your Financial Aid Information at FLC

In order to protect your privacy, FLC will issue you a unique web ID number. In order to access your financial aid information over the phone, you must provide your FLC student ID number and your unique web ID number issued by the Financial Office.

How are Awards Determined?

After you have filed your FAFSA and submitted requested documents, your file is reviewed to determine your eligibility. You will be sent a detailed Award Letter informing of this eligibility. Your eligibility is determined using the federal needs analysis calculation known as federal methodology. The following explains the important items involved in determining your financial need and award.

Expected Family Contribution

You and your family may be expected to contribute toward your education from your own resources such as employment and assets. This amount is called your Expected Family Contribution (EFC).

Financial Need: Your financial need is determined by subtracting your EFC and Other Resources (i.e. scholarships, VA Benefits, etc.) from your Budget. We will offer financial aid awards to try to meet your financial need based on program requirements and available funds. We do not automatically award student loans. Students may apply for a loan by completing the loan counseling procedure at the college and completing a loan request. Some students with unusual circumstances that affect financial aid eligibility, such as changes in income or loss of employment, should contact the Financial Aid Office.

Budget: The Student Budget (Cost of Attendance) represents an average cost to attend the college over a 9-month period. The figures are determined by using state and national surveys, in addition to local area costs. The budgets are established every school year and may change. Contact the college for actual figures.

Check Disbursement

Check Disbursement: All financial aid checks are mailed to you. Update your mailing address with the Admissions Office and the Financial Aid Office. Most checks are disbursed twice a semester with the first disbursement on the Friday of the first week of instruction; details will be sent with your Award Letter.

Cal Grant B and C: These checks are disbursed twice each semester, beginning after the college receives funds from the California Student Aid Commission.

Federal Work-Study (FWS): Some students may be eligible to receive a FWS award. Please check for job openings available in the Financial Aid office or online at the Job Openings page of the Financial Aid section. Contact the supervisor of the position you are interested in and schedule an interview. Pick up an Employment Referral from the financial aid office and take it to the scheduled interview. Please note that FWS will be awarded based upon the availability of funds. Very few positions are available, so apply early to improve your chances of receiving this award. FWS payroll checks are disbursed on campus.

What does it mean to be an Independent student?

To be classified as "independent" for federal and state financial aid purposes, you must be 24 years of age as of Jan. 1 of the start of the academic year for which you are applying; or you are married; or you are a veteran of the US Armed Forces; or you have dependents; or you are a ward of the court. Students with adverse home situations should contact the Financial Aid Office.

How can I get more information?

Many resources are available to help you learn about financial aid. Applications and publications are available at the campus Financial Aid Office. In addition, the Internet is a great way to get more information.

Here are some useful Financial Aid Phone Numbers and Websites:

* US Department of Education: FAFSA on the Web, Apply for Financial Aid
Website: www.fafsa.gov

* US Department of Education: Application Process and Application Status
Call: 1-800-4 FED AID or 1-800-433-3243, For TTY 1-800-730-8913

* US Department of Education: PIN Registration.
Call: 1-800-801-0576 Website: www.pin.ed.gov

* US Selective Service Registration
Call: 1-847-688-6888 Website:www.sss.gov

* US Department of Education: Financial aid information on the Internet.
Website: www.studentaid.ed.gov

* CA Student Aid Commission: Information and assistance about Cal Grants.
Website: www.csac.ca.gov
E-mail: custsvcs@csac.ca.gov
Call: 1-888-CA-GRANT or 1-888-224-7268

Section 3: Types of Aid

When the FAFSA process is complete, you will receive an Award Letter detailing your eligibility for federal and state financial aid.

Read the articles in this section to learn more about the various types of aid that are available.

Federal Aid

After you apply for the FAFSA, the federal processor will notify you and the college of the preliminary outcome. When your file is received the college continues the process and will contact you if you need to submit any additional documentation. When this process is complete you will receive an Award Letter detailing your eligibility for federal and state financial aid. Here are descriptions of the major types of financial aid you may qualify for:

Federal Pell Grant
Pell Grants provide financial assistance to eligible part-time and full-time students based on your EFC. Awards range from $555 to $5,550. Taking full-time coursework of 12 units or more will maximize your Pell eligibility.

Please note that a student with a baccalaureate or professional degree is ineligible. This includes a Baccalaureate or professional degree from a foreign school which is equivalent to a bachelor’s degree awarded in the United States. It is important that you notify the financial aid office if you have a degree.

Federal Supplemental Educational Opportunity Grant (FSEOG)
The Federal Supplemental Educational Opportunity Grant is a limited grant fund for students who meet the eligibility criteria of exceptional need. Pell Grant recipients are given priority.

Federal Work-Study (FWS)
Federal Work-Study is a program that provides jobs for students who demonstrate financial need. Eligible students are placed into work-study jobs, usually on campus.

Academic Competitiveness Grant (ACG)
The Academic Competitiveness Grant (ACG) is available for first year students who graduated from high school after January 1, 2006, and for second year students who graduated from high school after January 1, 2005. The Academic Competitiveness Grant award is in addition to the student's Pell Grant award.

Eligible students may receive up to $750 for the first academic year of study and up to $1,300 for the second academic year of study. A student must have completed a recognized rigorous secondary school program of study for the Academic Competitiveness Grant program. For more information log on to: www.studentaid.ed.gov, click on "Federal Student Aid Program" then "Grants".

Direct Subsidized Student Loans
The Direct Subsidized Student Loan is a need-based student loan program designed to assist students with educational expenses while attending at least half-time in an eligible program of study. This student loan is insured by the federal government. The subsidized student loan is based on unmet need after being awarded grants and scholarships. The interest is subsidized by the federal government as long as the student is enrolled at least half-time. The interest is also paid for the student during the six-month grace period. The grace period begins the day the student drops below half-time status or graduates.

Direct Unsubsidized Student Loans
The Direct Unsubsidized student loan can be need based or non-need based. Eligibility for subsidized student loans will be reviewed first. The interest on this loan begins to accrue when it is funded. Students have the option of making interest payments or deferring the interest.

State Aid

Cal Grants are state-funded cash grants given to California college students to help pay for college expenses. The awards do not have to be paid back.

To be eligible, in addition to meeting federal aid requirements, a student must:

Be a California resident, and
Not have a bachelor's or professional degree, and
File a completed FAFSA and Cal Grant GPA Verification Form by March 2. All students should try to meet the March 2 deadline, but for California Community College students there is a second filing deadline of September 2, and
Not owe a refund on any state or federal grant or be in default on any student loan.
Have remaining financial need at your college.

Cal Grant B
This grant is for students from disadvantaged or low-income families who otherwise would not be able to pursue a higher education. For most first-year recipients, the award helps with living expenses, books, supplies, and transportation, but not tuition and fees. If renewed after the first year, a Cal Grant B can be used for tuition and fees.

Cal Grant B Entitlement Award: Every graduating high school senior who has a grade point average of at least 2.0, meets the Cal Grant financial and eligibility requirements, and applies on time, is guaranteed this award.

Cal Grant B Competitive Award: Other students who meet the basic Cal Grant eligibility requirements and who have at least a 2.0 grade point average may compete for this award. (Selection is based on a composite score that takes into account a variety of factors such as family income, parents' educational level, etc.).

Cal Grant C
This grant helps vocationally oriented students acquire marketable job skills. Full or half-time training must lead to a recognized occupational goal: diploma, associate degree or certificate. Cal Grant financial need criteria must also be met.

California Community College Transfer Entitlement Award
This is either a Cal Grant A or B. High school seniors who graduated after June 30, 2000, attend a California community college and then transfer to a 4-year school may be eligible for this award. Eligible students must have at least a 2.4 grade point average, meet the Cal Grant financial and eligibility requirements, and be under 24 years of age as of December 31 of the award year.

Cal Grant A
This grant is for students from low and middle income families. The grant assists with tuition and fees at a four-year college or university. If you are awarded a Cal Grant A, you will have your award placed on reserve for up to three years until you transfer. The award is renewable.

There are two types of Cal Grant A: an Entitlement and a Competitive award.

Entitlement Award: Every graduating high school senior who has a grade point average of at least 3.0, meets the Cal Grant financial and eligibility requirements, and applies on time, is guaranteed this award.

Competitive Award: Other students who meet the basic Cal Grant eligibility requirements and who have at least a 3.0 grade point average may compete for this award. (Selection is based on a composite score that takes into account a variety of factors such as family income, parents' educational level, etc.).

BOG Fee Waiver

Students attending California Community Colleges pay an enrollment fee for classes, but don't let this stop you from attending college. The great news for California residents is you may be eligible for a Board of Governors Fee Waiver (BOG), which waives the fee for eligible students. Keep reading...there are many ways to qualify and the process is easy.

Eligibility:
If you are a California resident, you will qualify for a BOG if one of the following statements describes your current status:

You have already completed the Free Application for Federal Student Aid (FAFSA) and have been determined by the college to have financial need.
You or your family are receiving Temporary Assistance to Needy Families (TANF/CALWORKS, formerly AFDC), or SSI (Supplemental Security Income), or State Supplemental Program (SSP), or General Assistance. You need to complete a BOG Waiver application and bring proof of your public assistance.
You have certification from the California Department of Veterans Affairs or the California National Guard Adjutant General that you are eligible for a dependent's fee waiver. You must complete the BOG applicationand submit a copy of your certification.
Several other special categories can qualify you for a BOG Fee Waiver; please see the Financial Aid Office for details.

Note: All BOG recipients must pay 50% of the Universal Transit Pass fee (UTP).

Section 4: Maintaining Financial Aid Eligibility

In order to receive financial aid at Folsom Lake College, students must fulfill certain responsibilities and obligations.

These articles explain the various requirements financial aid recipients at Folsom Lake College must satisfy in order to continue to receive aid.

Accurate Name and Social Security Number (SSN)

Use the same proper full name shown on your Social Security Card when completing the FAFSA. Also, make sure you report your accurate SSN. Your name and SSN must match several database edits, including Immigration, Social Security Administration, and Selective Service. Use this name and SSN when applying for admission to the college and registering for classes. Inaccurate information may result in lengthy delays.

Declare an Educational Goal

Although you may attend the college without declaring a major or degree objective, you may not receive financial aid unless you declare an educational goal. You would do this when you complete the application for Admission or at the time you register for classes.

High School Diploma or Equivalent

Students must have a high school diploma or equivalent, pass an "Ability to Benefit" test, must have successfully completed 6 degree applicable/transfer units at Folsom Lake College to receive financial aid . Students must be 18 years or older to take the Ability to Benefit test.

Satisfactory Academic Progress

Federal regulations require that all students who receive federal and state financial aid must maintain Satisfactory Academic Progress (SAP) towards an approved educational goal such as a certificate, degree, or transfer program. A student's entire academic history is evaluated at least once a school year to determine his/her financial aid academic progress, even if the student was not a prior financial aid recipient. If you are on Financial Aid Probation/Dismissal, your SAP will be reviewed each semester. PLEASE NOTE: Financial Aid calculations for academic progress may differ from the calculations done by Admissions and Records.

Folsom Lake College students are evaluated against the following standards:

Maintain a minimum of a 2.0 FLC Cumulative Grade Point Average (GPA)
Maintain Progress – Successfully complete at least 75% of units enrolled:

Progress Percentage =
(Total Units With "F", "NC", "NP", "W", "I", "IP", and "RD") / (Total Units Attempted) = 25% or less

Total Units (Maximum Time Period) - Students may attempt up to 90 units toward the completion of a degree or certificate program. Students who have attempted 90 or more units will be denied financial aid. Units taken at another college or taken without the assistance of financial aid are calculated into the total number of units attempted. Up to 30 units of remedial coursework may be deducted from the total units accumulated.

Completion of Degree or Certificate - Students who complete a degree or certificate are considered to have reached their maximum time frame and will be denied financial aid.

Students who have successfully completed all prior semesters, but failed to maintain satisfactory academic progress in only one semester will be placed on Academic Probation. Further deficiency will result in denial of financial aid. Students on probation must meet with a Folsom Lake College academic counselor and develop an Educational Plan. This plan must be submitted to Financial Aid.

Students who have been denied financial aid must meet with a Folsom Lake College academic counselor and develop an Educational Plan. This plan must be submitted to Financial Aid along with a Student Petition prior to the posted deadlines for each semester. Students will continue receiving aid if the petition is approved. If the petition is denied, the student may wish to submit an appeal for further consideration.

Students who withdraw from all courses or receive non-passing grades in a semester will also be placed on Academic Probation or denied financial aid accordingly.

Students who have been approved through the petition process may be eligible for all Title IV funding. Prior approval of a petition does not mean that the deficiency will not be counted if lack of satisfactory academic progress continues.

Repayment of Financial Aid Funds

If a student receives federal student aid funds and withdraws from all their classes or does not complete any of their classes, they may OWE money back to the U.S. Department of Education. This includes money you received in grants.

The Financial Aid Office is required to calculate the amount of federal aid a student has earned based on their enrollment status at the time of complete withdrawal or the last day of reported school activity for the semester. Based on this calculation, students will be billed for any institutional portion Folsom Lake College is required to refund the Department of Education for the financial aid assistance they received. Until this institutional portion is paid in full, a hold will be placed on the student’s Los Rios School record, which prevents them from registering for classes and obtaining academic transcripts. In addition, students will be ineligible to receive any Title IV finding.

If the calculation results in the student earning 60% or more of their financial aid funds, no repayment will be required.

If the results determine the student withdrew before 60% of the semester, the student will be billed for an additional student portion of the financial aid funds received. The student will be given 30 days to repay the funds in full to the Financial Aid Office. If the student fails to repay the funds within 30 days, they will be reported to the U.S. Department of Education.

In addition to the calculation above, the Financial Aid Office will recalculate your Pell grant eligibility each semester on the dates noted under "WITHDRAWAL/ REPAYMENT INFORMATION" on your award letter. Students who failed to maintain enrollment in the number of units they were paid for on the dates noted will be required to repay the difference in their Pell grant eligibility.

If you are thinking of withdrawing, please work with the Financial Aid Office to learn how much you could owe or how you can continue your financial aid eligibility. Most importantly, find out how to stay in school and not owe a repayment.

Overaward of Financial Aid Funds

Federal and state regulations do not allow students to receive aid that exceeds their financial eligibility.

An overaward may occur in the following situations:

unreported aid from outside resources (scholarships, grants, stipends, etc.)
an increase in family contribution as a result of corrections made to the Student Aid Report (SAR)
changes in enrollment status
human error in calculation or data entry of an award(s)

In all instances, students are required to repay all assistance for which they are determined to be ineligible.

Loan Default or Grant Overpayment

A loan default or owing a grant overpayment must be resolved to receive financial aid. If a student receives federal student aid funds and withdraws from all their classes or does not complete any of their classes successfully, they could OWE money back to the U.S. Department of Education. This includes money you received in grants.

The Financial Aid Office is required to calculate the amount of federal aid a student has earned according to the day the student withdrew or the last day of reported school activity for the semester. If the calculation results in the student earning 60 percent or more of their financial aid funds, no repayment will be required.

If the results determine the student withdrew before 60 percent of the semester, the student will be billed for a portion of the financial aid funds received. The student will be given 45 days to repay the funds in full or make payment arrangements with the Department of Education. Students must first contact the Financial Aid Office for assistance with payment arrangements.

In addition, the Financial Aid Office will be checking units during a process called "Recalculation" for all students who received federal financial aid. Those students who failed to maintain enrollment in the number of units they were paid for will be sent a notice to repay the difference in their aid eligibility and the amount paid. Please see the financial aid office for "Recalculation" dates, or visit our web site and view financial aid deadlines.

If you are thinking of withdrawing, please speak with the Financial Aid Office. Learn how much you could owe back or how you can continue your financial aid eligibility while making payments. Most importantly, find out how to stay in school and not owe a repayment.

Enroll in Classes

Enroll in classes at your earliest opportunity. You can't get financial aid unless you are registered for classes. Six units or more for most financial aid programs and fulltime of twelve units or more may increase your award amount. Some students may qualify for Pell Grant with less than 6-units.

Rights and Responsibilities

As a student you have the right to know:

* Each college in the Los Rios District has separate Financial Aid Offices. You need to apply to the college you plan to earn your degree, certificate, or transfer requirements. If you are not sure, list all the colleges that you are considering on the FAFSA.

* The types of need-based and non-need based financial aid programs that are available, including information on all federal, state and institutional financial aid programs. This information is available in this handbook, the college catalog, Federal Student Guide, Fund Your Future, and the FLC Student Guide.

The deadlines for submitting applications and forms.
The method by which the college calculates your financial need.
The family resources considered in your financial need calculation, such as parental contribution if dependent, student contribution, and other financial aid resources.
The amount of your financial need that can be offered in financial aid and the amount that remains unmet.
An explanation from the Financial Aid Office of the various types of aid in your award package.
The procedure to request a review of your records.
The portion of your financial aid offer that must be repaid and what portion is grant aid.
If the aid is a loan, the interest rate, the total amount that must be repaid, the repayment procedures, the length of time allotted to repay the loan, and when repayment begins.
Student financial aid records are confidential and will only be released to third parties, including parents, with your written authorization.
The college refund and repayment policies.
Information about the college, including the college catalog and website.

UNDERSTANDING MY RESPONSIBILITIES

AS A FINANCIAL AID APPLICANT AT FOLSOM LAKE COLLEGE (FLC), I UNDERSTAND AND ADHERE TO THE FOLLOWING RESPONSIBILITIES FOR THE 2010–2011 SCHOOL YEAR:

A photo ID is required in order to obtain any information pertaining to my financial aid status at the Financial Aid Office. My WEB ID and college student ID numbers are required to obtain information over the telephone regarding my financial aid file.
To establish financial aid eligibility at FLC, I must have a current admissions application, register for classes, be enrolled in an eligible program and maintain Satisfactory Academic Progress (SAP). Please refer to the SAP policy available at the financial aid office or online at www.flc.losrios.edu Quick Links: Financial Aid, then click on Satisfactory Academic Progress on the left menu bar.
I must keep my mailing address current with the Admissions & Records Office and the Financial Aid Office. Checks will be mailed to the mailing address I have on record with the Admissions & Records Office and the Financial Aid Office will correspond with me via the mailing address I have on my FAFSA only if I did not provide a valid email address on my FAFSA. As a result, I must keep all my mailing address current with both departments.
If I provided a valid email address on my FAFSA, the Financial Aid Office will correspond with me via the email address I have on my FAFSA. (Please check your email regularly for updates and information pertaining to your financial aid status).
My name, date of birth, and social security number must match ALL of the following: Financial Aid records, Admission records, CA Driver’s License/I.D., Social Security Card, and Department of Homeland Security (DHS) documents (if applicable).
I must have a high school diploma or equivalent, if not, I must successfully complete six degree applicable/transferable units at FLC or pass Ability to Benefit (ATB) test administered at the Assessment Center. Contact the Assessment Center at FLC: 608-6573 or EDC: (530) 642-5649.
I must have official academic transcripts on file with the Admissions & Records Office for all colleges or post secondary schools (including Skills Center, Beauty, Business, and Vocational Technical Schools, etc) I have attended, whether or not I completed any units. It is my responsibility to notify Financial Aid when transcripts have been submitted by completing a transcripts request form located in the Financial Aid Office. Any hand carried transcripts must be submitted in a sealed envelope.
I must declare an eligible educational goal each semester when completing the supplemental form online or with the Admissions & Records Office. Students enrolled in an ineligible certificate program are not eligible to receive financial aid.
I will be dismissed if I have completed a degree/certificate/or have 90 or more units. I must submit a Student Petition to request an evaluation to determine further eligibility for receiving financial aid. See Financial Aid Office for Student Petition deadlines or view online at www.flc.losrios.edu Quick Links: Financial Aid, then click on Financial Aid Deadlines on the left menu bar.
Students with a baccalaureate or professional degree from the United States or a foreign school are ineligible.
I must notify the FLC Financial Aid Office in writing by completing a "Decline of Financial Aid" form and attach any disbursed financial aid check(s) if I enroll or attend any other college or post secondary school within the same school year (08/21/2010 to 08/05/2011). I cannot receive financial aid from two or more institutions at the same time or periods of overlapping terms.
If I plan to enroll in courses at American River College, Cosumnes River College, and/or Sacramento City College, I must submit a Consortium Request. Course(s) enrolled at ARC, CRC, or SCC must be from my declared program of study at FLC, and I must maintain at least a half time (3 or more units during summer and 6 or more units during Fall/Spring) enrollment status at FLC. All Consortium Request forms must be submitted no later than the recalculation date established by the Financial Aid Office for each semester and will be processed for disbursement after the recalculation date. Please check the recalculation dates for each semester online at www.flc.losrios.edu Quick Links: Financial Aid, then click on Financial Aid Deadlines on the left menu bar.
Financial Aid will disburse my funds based on my actual enrollment status (wait lists courses do not count) at the time of disbursement. If I have an increase in the number of units, financial aid adjustments will only be made during the following weeks: week 1, week 4, week 10, and on the recalculation date established by the Financial Aid Office for each semester. Please check the recalculation dates for each semester online at www.flc.losrios.edu Quick Links: Financial Aid, then click on Financial Aid Deadlines on the left menu bar.
If I withdraw from school, I may be required to repay any unearned portion of federal fund(s) received. In addition, I will be billed for any institutional portion Folsom Lake College is required to refund the Department of Education for the financial aid assistance I received. Until this institutional portion is paid in full, a hold will be placed on my Los Rios School record, which prevents me from registering for classes and obtaining academic transcripts. Furthermore, I will be ineligible to receive any Title IV finding.
The Department of Education or the Financial Aid Office may select my file for a process called "verification". This selection may take place any time during the school year, even after I begin to receive financial assistance. The verification process will require patience and cooperation as I complete this federal requirement. The verification process takes 6 to 8 weeks from the time that the Financial Aid Office receives all requested documents. I am required to repay any over awarded amount that I have received as determined by the verification process.
A federal student loan request will only be considered after I have completed the FAFSA application process, all grant eligibility has been determined, and I have received an award letter from FLC. I must complete loan entrance counseling, be enrolled and maintain at least 6 units at FLC each semester, and meet SAP to be eligible for a loan.
The Financial Aid Office cannot make copies of required documents. I must retain a copy of all submitted Financial Aid documents for my records. Students who wish to mail documents to the Financial Aid Office will be mailed a letter of receipt within three business days of receipt of your documents. The Financial Aid Office is not responsible for any lost, stolen, or destroyed documents via mail.

In addition I should:

Provide complete and accurate information, in a timely manner.
Know that errors can result in long delays in the determination of your financial aid. Intentional reporting of incorrect information on financial aid application forms is a violation of law and subject to penalties under the U.S. Criminal Code.
Report any additional resources (e.g. outside scholarships, CalWORKS educational assistance, Vocational Rehabilitation, etc.) received during the award year.
Read, understand and accept responsibility for all forms and agreements requiring your signature.
View the Financial Aid TV video clips found on the financial aid web page for answers to basic financial aid questions.

Section #5: OtherSources of Support

There are a tremendous number of resources available if you take the time to seek them out.

Here are some programs - some government sponsored, some privately funded - that can help you pay for school.

Scholarships

Some online scholarship search engines students might consider include:

FastWeb www.fastweb.com

ScholarSite.com www.scholarsite.com

Scholarships.com www.scholarships.com

Gates Millennium Scholarship www.gmsp.org

Governor's Scholarships www.scholarshare.com

Hispanic Scholarship Fund www.hsf.net

Military Scholarships www.myfuture.com

Peterson's College Quest www.collegequest.com

United Negro College Fund www.uncf.org

Fast Aid Scholarship Search www.fastaid.com

Financial Aid for Health Professions www.bhpr.hrsa.gov

UCLA Scholarship Resource Center www.college.ucla.edu/up/src/ss.htm

Scholarship Search Engine www.edupass.org/finaid

College Board www.collegeboard.com/pay

CollegeNet's Database www.collegenet.com

Thurgood Marshall Scholarship Fund www.thurgoodmarshallfund.org

Presidential Freedom www.nationalservice.org/scholarships

International Students Scholarships www.iefa.org

Important Note

Be aware of scholarship scams that ask you to pay for financial aid and scholarship information. Financial aid information is Free. Before you pay for information, contact the Financial Aid Office or go to the Federal Trade Commissions website, Scholarship Scams at www.ftc.gov/scholarshipscams.

Chafee Grant for Foster Youth

The California Chafee Grant Program provides up to $5,000 annually to foster youth and former foster youth to use for college expenses. To qualify, a student must have been in foster care between their 16th and 18th birthday, and be eligible, or have been eligible for the Independent Living Program (ILP) and not have reached their 22nd birthday as of July 1, of the award year (students could have been foster youth in another state and now live in California). This is a need based grant awarded to students in at least 6 units. Applications are available online at www.chafee.csac.ca.gov or call 888-224-7268, option #3 Monday through Friday.

Extended Opportunity Programs and Services

EOP&S is a student support program for educationally and economically disadvantaged students. It is designed to provide opportunities in higher education for students with academic potential that historically would not have attended college.

CalWORKs

CalWORKs (California Work Opportunities and Responsibility to Kids) is a state-funded Welfare-to-Work Program designed to help individuals on public assistance become self-sufficient. The program includes education, training and support services, as well as employment opportunities related to the individual goal of each participant.

IRS Tax Benefits

In order to make the first two years of college accessible to all students, taxpayers can take advantage of the Hope Scholarship tax credit. The credit is available on a per-student basis for the net tuition and fees (less grant aid) paid for college enrollment.

The Lifetime Learning Credit is available for college juniors, seniors, graduate students, and working Americans who are pursuing learning to upgrade skills. The credit is also available for students who have already completed the first two years of general education at a community college, and who are attending more than part-time to improve or upgrade job skills.

Support for Native Americans

Members or close descendants of a federally recognized American Indian tribe or Nation may be eligible for grants to help pay for school. To learn more, contact the Office of Indian Education Programs at (916) 978-6058 or go to www.bia.gov.

US Military

All branches of the U.S. Armed Forces offer a variety of support for college. To learn more, visit the local recruiting office or call toll free (800) USA NAVY, (800) USA ARMY, (800) MARINES or (800) 522-0033, ext. 2091, for the Air Force.

Employers

Some employers will pay for part or all of your college expenses in exchange for a commitment to continue working there while you go to school or return after you are finished. Ask your employer.

Section 6: Tips and Advice

As you figure out how to pay for college, remember that you are not alone, and that you are not the first student to deal with this challenge. It may seem daunting at first, but as you learn more about your options, the process will become clearer.

Check out these tips and helpful hints that have been compiled by students who have already successfully navigated the process.

Financial Aid Tips

* When completing the FAFSA use the Federal School Code to identify the college you will attend. If you are not sure, list all colleges that you are considering.

* Apply early for best results. The March 2 priority filing date is used to award Federal Work-Study and Federal Supplemental Educational Opportunity Grant. Many times these limited funds are awarded to early applicants. If it is after March 2nd, complete the FAFSA as quickly as possible.

* For faster results, apply for financial aid on the web by using FAFSA on the Web at www.fafsa.gov . Some students find it helpful to print out the online Pre-Application Worksheet from the website.

* Collect the following documents in advance to help you complete the application process. Do not submit any documents to the Financial Aid Office unless requested.

Gather parent information, if you are a dependent student.

Social Security Card
CA ID or Driver License
Copy of your Federal Income Tax Return, parents and spouse, if applicable.
Verification of the Family's Untaxed Income.
Verification of Veteran's Educational Benefits, if applicable.

* Use the same proper full name shown on your Social Security Card to complete the FAFSA and apply for admission to the college.

* If it is after the priority filing date of March 2, apply as soon as possible.

Your application will be reviewed after priority applicants and many late applicants receive financial aid. Be patient with the process and respond quickly to any request for information.

* Respond immediately to any request for information. Delays in submitting documents will extend the time it takes to determine your eligibility.

* Don't pay for financial aid advice. First ask the college for information and applications. All the financial aid applications are "free" of charge.

Financial Aid Terms

Award Letter: A letter notifying financial aid applicants of the types and amounts of aid offered, as well as the responsibilities and conditions of each award. The letter will include the method of payment and dates of payment.

BOG Fee Waiver: California residents who meet certain eligibility requirements may be eligible to have their entire enrollment fees waived by the Board of Governors (BOG) Fee Waiver. All California residents should apply for this waiver. The BOG Waiver is not based on academic performance.

Cal Grants: Cal Grants are state-funded cash grants given to California college students to help pay for college expenses. Cal Grants are the largest source of free money funded by California. The awards do not have to be paid back.

Cost of Attendance (COA): The total cost of college for the school year, also called student budget; includes tuition, fees, books, supplies, transportation, food, housing, and personal expenses.

Default Loan: Failure to make loan payments or otherwise honor a loan's terms; reported to credit bureaus and can influence future credit and ability to receive financial aid.

Dependent Student: A student under 24 years old as of January 1, who doesn't qualify as an independent student by federal guidelines is a dependent student. Dependent students are required to include parental income and asset information on the FAFSA, which is used to calculate the expected family contribution.

Eligible Non-citizen: Generally, you are an eligible non-citizen if you are a (1) a permanent U.S. Resident with a Permanent Resident Card (I-551 or I-151) (also known as a green card); (2) a conditional permanent resident (I-551C); or (3) the holder of an Arrival-Departure Record (I-94) from the Department of Homeland Security showing the designations of "Refugee," "Asylum Granted," "Parolee" (I-94 confirms that you were paroled for a minimum of one year and status has not expired), "Conditional Entrant" (valid only if issued before April 1, 1980) or "Cuban-Haitian Entrant, status pending" or Cuban- Haitian Entrant; (3)"Victim of human trafficking", T-Visa holder (T-1, T-2, T-3, etc.).

Expected Family Contribution (EFC): This is an estimate of what a student and his/her family can afford to pay for the student's college education. A federally approved formula is used to calculate EFC.

Eligible Program: Students must be enrolled in an eligible program as defined by federal regulation to receive financial aid. Most programs at FLC are eligible, but a few certificate programs are not. Contact the Financial Aid Office for specifics.

Financial Aid Need: The difference between your expected family contribution (EFC) and the cost of attendance (COA) equals your need.

Free Application for Federal Student Aid (FAFSA): The FAFSA is the official financial aid application used to determine federal and state aid. There is no charge to have your FAFSA process...it's free.

FAFSA on the Web: The electronic FAFSA on the Internet that allows you to complete and file the application online at www.fafsa.gov. It's faster and easier.

Direct Student Loan: Consists of the federal Direct Subsidized and Direct Unsubsidized student loans, which provide low interest loans to qualified students who are enrolled at least half-time.

Federal Work-Study (FWS): This program provides employment opportunities to students who have financial need and want to pay a part of their educational expenses through work. Community service work opportunities are also available through the Federal Work-Study Program.

Grant: A grant is a form of financial aid that does not have to be paid back. It is the best type of aid you can receive. Apply as early as possible since some grant funds are limited.

Independent Student: A student who is 24 years old or older, or who is not 24 but is an orphan; a ward of the court; a veteran; married; or has legal dependents other than a spouse; or has unusual circumstances which must be explained to the Financial Aid Office.

Loan: A loan is a form of financial aid that must be re-paid with interest over a period of years.

Residency: This is a determination of a student's status as a California Resident or an out of state student, or a foreign student. This determination is made by the Admissions Office and will affect which financial aid programs a student may be eligible to apply for.

Return of Title IV Funds: If a student receives federal student aid funds, including grants, and withdraws from all classes or does not successfully complete any of their classes; they could owe money back to the federal government. Contact the Financial Aid Office before withdrawing from classes.

Satisfactory Academic Progress (SAP): To be eligible to receive federal and state financial aid at Folsom Lake College, a student must be progressing adequately toward completion of an approved educational program.

Scholarships: There are numerous local and national scholarship opportunities available in the form of free money.

Selective Service Registration: By law, certain students are required to register, or arrange to register, with the Selective Service in order to receive federal student aid. This includes males born on or after January 1, 1960, who are at least 18 years old, citizen or noncitizen, and not currently on active duty in the Armed Forces.

Student Aid Report (SAR): The report summarizing the information you provided on your FAFSA. The Financial Aid Office will receive this same information electronically and begin the process to determine your eligibility.

Verification: A federal process in which the college checks the accuracy of the information you submitted on the FAFSA. Documents may be requested, such as tax returns. Quick response to any request for documentation will help expedite the process.

Advice from Alumni

Tip # 10: YOUR EMPLOYER. When it comes to paying for College, do not forget about your employer or even the U.S. Military as a possible source of help. Often, employers will pay for your education if you intend to stay with the company. It does not hurt to ask around at your place of work.

Tip # 9: KNOW YOUR OPTIONS. If you do not qualify for aid under FAFSA, you should still consider your parents, scholarships and possibly a part-time job to help cover your costs.

Tip # 8: COMPLETE THE FAFSA EARLY. It will make your life a lot easier because you will get the process moving and have a better sense of how much help you can get.

Tip # 7: BE WARY OF DEBT. Only borrow as much as you need. If you need to take out loans, be prudent. Don't take on debts that you may regret later.

Tip # 6: KEEP COPIES of everything you file. You should also keep a record of the date you file forms like the FAFSA so that you can reference it in the event things get delayed or misdirected.

Tip # 5: LIMIT YOUR LATTES. If you are going to drink coffee everyday before classes, buy a coffee maker. You can easily spend over $1,000 a year at coffee shops if you buy coffee every day. Instead, save some money by buying a coffee maker and making your own.

Tip # 4: READ THE FINE PRINT on credit cards. Know what fees and penalties can be assessed. If you have a credit card, be on the lookout for one with a lower interest rate that won't charge you a fee for transferring your current balance to it.

Tip # 3: PAY YOUR BILLS ON TIME to maintain a solid credit rating. A bad credit rating can hurt you when applying for an apartment or a loan.

Tip # 2: DEVELOP AN EDUCATION PLAN AND BUDGET. List your expected monthly expenses and your income. Are you bringing in more money than you are spending? If not, find ways to cut back.

Tip # 1: CUT UP THOSE EXTRA CREDIT CARDS! They will only bury you in debt. Resist the temptation to spend money you do not have.

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