| Mt
San Antonio College participates in federal and state programs
for grants, loans waivers and work-study. |
|
| Gift
aid, as the name implies, does not have to be repaid and does
not require a work commitment on the part of the recipient.
It consists of grants and scholarships from federal, state,
institutional, and private sources. Federal Pell Grant, Federal
Supplemental Educational Opportunity Grants, and other federal,
state, institutional, and private scholarship and grant programs
fall into the category of gift aid. |
| Self-help aid,
on the other hand, does require either repayment or a work commitment
on the part of the recipient. Federal Perkins Loans, FFEL and
Direct Loans made to students, FFEL and Direct PLUS loans made
to parents, as well as state, institutional and private loan
sources are examples of self-help aid. Money earned though the
Federal Work-Study Program, state work-Study programs, and institutional
need-based employment are also categorized as self-help aid. |
| If you are classified as
a California Resident, you may be eligible to have your enrollment
fees and health fees waived by the State of California. You
may be eligible for this fee waiver even if you are not eligible
for any other financial assistance. |
There
are three different ways to qualify for a fee waiver:
- You (or your
parents) are receiving public assistance in the form of
Aid to Families with Dependent Children, General Relief,
Supplemental Security Income or certification as a Dependent
of a qualified Veteran.
OR
- You (or your parents) meet the income criteria. OR
- You have financial need as a result of completing the Free Application for Federal Student Aid (FAFSA).
This application
is good for one academic year beginning with the Summer Session
and uses the most current past years annual earnings.
Click
Here for a Copy
of Board of Governor's Fee waiver application.
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| Cal
Grants are State grants that are awarded by the California Student
Aid Commission (CSAC). To apply
for a Cal Grant, you must complete the Free Application for
Federal Student Aid (FAFSA) and have a Grade Point Average Verification
form sent to the CSAC by March 2nd for the following academic
school year you are applying to. |
| Mt.
SAC distributes both Cal Grant B and Cal Grant C awards to our
students. The Cal
Grant B Program is intended to help high-potential students
from disadvantaged/low-income families. Most
new Cal Grant B awards are available only to students who have
completed no more than one semester of college or 16 units of
part-time study. There
are 250 special Cal Grant B awards authorized for community
college students transferring to four-year colleges and universities. |
| awards
are up to $1,548 per academic year and may be renewed up to
four years. |
| Program
helps vocational students. Cal Grant C may not be used to pursue a four-year degree
program. Students
must be enrolled in a vocational program to receive this grant. Cal Grant C is $576 at a community college. |
|
-
Every
High School Senior who meets the academic requirement
of a 2.0 GPA for Cal Grant B
and falls within the established income and asset ceilings,
and applies on time, will receive a Cal Grant A or
B Entitlement award.
-
Apply
no later than March 2 of the academic year of high school
graduation, or apply no later than March 2 of the academic
year following high school graduation.
|
| (continuing program) |
- Students not receiving a Cal Grant B Entitlement award can compete for the 22,500 Competitive awards.
- Of the awards set aside for Competitive awards, half are for Community College students who apply by the second deadline date of September 2.
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| The Federal Pell
Grant Program is for undergraduate students who have not yet
completed a first baccalaureate or professional degree. Students
may receive Federal Pell Grants for the period of time necessary
to complete a first undergraduate baccalaureate degree, provided
the student is making satisfactory progress towards the completion
of that degree. |
| The
beauty of the Federal Pell Grant is its portability. If a student
applies, demonstrates financial need, and meets all of the eligibility
criteria, he or she will receive a Pell Grant at any eligible
school attended. Unlike other federal aid programs, the receipt
of a Pell Grant does not depend upon the availability of funds
at a particular school. |
| Eligibility
for a Federal Pell Grant is determined by the Federal Methodology
formula that computes the Expected Family Contribution. The
aid administrator at the student's school must calculate the
actual amount of the student's award based upon the student's
EFC, cost of attendance, and whether the student is enrolled
full or part time. |
| The
maximum amount of the Federal Pell Grant is set annually by
Congress. The maximum yearly Pell Grant is $4,050. |
Pell
Grants are designed to help the neediest students. A student
who is not eligible for a Pell Grant may be eligible for other
federal aid. The total amount of aid a student receives, including
a Federal Pell Grant, cannot exceed the student's cost of
attendance. As with all other federal aid programs, students
must reapply for a Federal Pell Grant every school (or academic)
year.
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|
| FSEOG
is a campus-based financial aid program. This means that each
college participating in the program receives a set amount of
money to distribute to students. The regulations governing FSEOG
require that funds be awarded first to the "neediest"
financial aid students or those with the lowest income. In addition
priority must be given to federal Pell Grant recipients. |
To apply for a FSEOG at Mt.
SAC, you must complete the Free Application for Federal Student
Aid (FAFSA). In addition, because the amount of funding in
FSEOG is limited, FSEOG awards will be given first to those
applicants who have completed their financial aid files by
the Mt. SAC First Priority Deadline, April 15.
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|
| The
Federal Perkins Loan Program is a campus-based financial aid
program. This means that each college that participates in the
program receives a set amount of funding available for disbursement
to students. |
| This
is a loan which must be repaid. |
| To
apply for a Perkins Loan you must complete the Free Application
for Federal Student Aid (FAFSA). By federal regulation, Perkins
loans must be given to the "neediest" students, or
those with the lowest income. |
Currently, there is a very
small amount of Perkins Loan money available at Mt. SAC. Priority
is given to continuing students who have completed their financial
aid file by the April 15th First Priority Deadline.
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| The
Federal William D. Ford Direct Loan Program (Direct Loans) is
considered to be a federal entitlement program. This means that
funding is available through the entire year to as many eligible
students as apply. |
| Direct
Loans need to be repaid. There are subsidized Direct Loans and
unsubsidized Direct Loans. The subsidized loan is based on financial
need and the federal government pays the interest on the loan
as long as the student is enrolled and for a six-month grace
period following the enrollment period. The unsubsidized loan
is available to those with or without documented financial need.
The interest on an unsubsidized loan continues to accrue from
disbursement of loan proceeds to repayment of the loan. |
To
apply for a Stafford Loan at Mt. SAC, you must complete the
Free Application for Federal Student Aid (FAFSA), have a complete
financial aid file, complete the Mt. SAC Direct Loan Questionnaire
and attend a loan Informational Meeting.
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| The
Work Study programs give students the opportunity to earn part
or all of their financial need by working on campus or off campus
in community service positions while they are in school. Examples
of the jobs available are: teacher's aide, clerk, grounds person,
custodian, and lab assistant. Your wage will be determined by
the type and difficulty of the work that you choose. |
| This
type of part-time work can add to your educational experience
and can be a valuable asset when seeking employment after graduation. |
| The
Work Study award reflects the amount of money that you are eligible
to earn as wages. Your placement on a job depends upon your
skills, the availability of jobs, and the hours that you are
available to work. |
Students
with Work Study eligibility must visit the Job Placement Office
for a job referral appointment. Students eligible to participate
in the Work Study Program will be referred to a job and, if
hired, complete the necessary payroll paperwork.
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Provided
by the EOPS office at ex. 4500, EOPS is designed for students
with academic and financial disadvantages. Support services
provid planning, peer advising, tutoring, book services
and grants. CARE provides additional support services to EOPS
Students who are single parents on public assistance. Students
must meet State eligibility criteria in order to be eligible
for EOPS and CARE services.
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|
| Mt.
SAC offers short term loans at the beginning of the Fall and
Spring semesters, to aid in the purchase of books. These
loans are designed for students who have not yet received their
financial aid, and need assistance with the purchase of text
books. These loans are 30-day, $100 loans and interest-free if repaid within the 30 day period. Mt. SAC has a
limited amount of Institutional funding for these loans so it
is recommended that you visit the Financial Aid Office with
in the first two days of each semester if you are interested
in receiving one of these limited loans. |
| The
basic requirements are: |
- Have a 2.0 GPA or be a first time student
- Be enrolled in 12 units or more
- Not currently receiving financial aid (except a BOGG waiver)
- Not currently on the Mt. SAC obligation list
- No other short term loans outstanding
|