Congratulations on taking the steps necessary to receive a Financial Aid Award at MSJC. This guide
will help you to understand what you need to do now and the requirements for receiving your
disbursements. We recommend that you start a financial aid file in which to store your financial aid
correspondence and these reference materials.
ow that I have a Financial Aid
Award from MSJC, what do I need
to do now?
Review each of the awards
and refer to page 3 of this guide
for terms of each award.
Plan your budget for the
semester on the Budget
Worksheet on page 4 of this
guide. Keep this for your
reference.
Review the Federal
Satisfactory Academic Progress
Policy, available on our website:
https://www.msjc.edu/
financialai d/sap-policy.html or in
the Financial Aid Office. Make
sure you understand this policy
because you must meet these
requirements to maintain your
aid eligibility.
Make sure your current
contact information is on file with
MSJC Enrollment Services Office.
It is important that you keep this
address and phone number up to
date.
If you have questions
regarding any financial aid
process or procedure, visit our
website and ask Ernie, the
Chatbot or click to watch FATV
at: https://www.msjc.edu/
financialai d/fatv.html
How was my financial aid
package determined?
After you submitted all
requested documentation, we
reviewed all the information you
provided to determine your
eligibility. We first determined
that you met basic eligibility
requirements such as being a
U.S. citizen, eligible non-citizen,
or AB540 student; you are not in
default on a federal student loan
or owe repayment on a grant;
and you are maintaining
satisfactory academic progress
toward an eligible degree
program.
We also determined an
estimated cost of attendance for
you based on whether you will
be living with your parents or in
an off-campus apartment/home
on your own. (See box on page 4
for MSJC’s standard budgets).
We are required to use average
figures for determining these
costs for students. Your actual
costs may vary. All the
information that you and your
family provided was used to
calculate an estimated family
contribution (EFC). This is
calculated by a standard
formula, which is legislated by
the U.S. Congress.
When we subtract your EFC from
your estimated cost of
attendance, we arrive at a figure
called your “financial need”. This
is the maximum amount of aid
you may receive in need-based
aid, which may include grants,
work-study or scholarships.
We then award an aid package
that will meet as much of your
financial need as possible. The
amount of aid you receive
depends on your financial need,
the date you filed your
application, the date you
complete your file, and the
funds available at the time you
are awarded.
Note: If you attended another
institution, during the current
academic year and received
financial aid, you will need to
provide verification that you are
not enrolled and/or receiving
financial aid for the term you
are attending MSJC.
I think that I am receiving a
scholarship or other award that
is not listed on my Award
Notification. What should I do?
You are required to report any
scholarships or other monetary
assistance to the Financial Aid
Office. If you do this early you
will prevent having to be billed
for over awards later in the
semester. All scholarship checks
should be mailed to:
Mt. San Jacinto College
Attention: Cashier’s Office
1499 N. State Street
San Jacinto, CA 92583
Do I have to be full-time to
receive financial aid?
NO! Most aid requires
attendance of at least half-time
(6 units). For some programs,
disbursement amounts are
prorated for less than full-time
enrollment. Check the
information on page 3 of this
guide for the enrollment criteria
for each award.
P R I N T
C L E A R
Federal Satisfactory Academic
Progress Policy” (SAP). What is
this policy and how does it affect
my aid?
The federal SAP Policy is a policy
required by the federal
government, which monitors
your progress toward a degree or
certificate. This policy requires
you to complete a percentage of
all courses you attempt each
semester and to complete your
program within 72 units (for
most
programs at MSJC). You are also
required to maintain a 2.0 G.P.A.
Please refer to our website:
www.msjc.edu/SAPpolicy or in
the Financial Aid Office for more
information.
It is very important that you
understand and follow this
policy. If you do not meet the
requirements of the SAP Policy,
you will lose your eligibility for all
federal and most state aid.
We recommend that you plan
your semester unit load very
carefully to ensure that you will
be able to complete all the units
you attempt. You are not
required to be full-time but you
are required to complete units if
you attempt them.
I’ve read all the literature from
your office, but I still have some
questions. How can I get help?
You can check the MSJC
website http://www.msjc.edu/
StudentSe rvices/FinancialAid for
additional information. You may
also speak
to a financial aid advisor on
the phone or by visiting the
Student Hub, https://msjc.edu/
hub/. Our hours are:
MONDAYS - THURSDAYS
8:00 A.M. TO 5:30 P.M.
FRIDAYS
8:00 A.M. TO 12:00 P.M.
951-465-7891
Please note: Office hours are subject
to change.
Refer to the schedule of classes, the MSJC Catalog and the MSJC website for more information on:
Fee Refund Policy Graduation Rates Campus Security Special Programs and Services
Apply Early!
Free Applications for
Federal Students Aid
(FAFSA) or (DREAM Act)
should be submitted
October 1st thru March
2nd of every year for
priority consideration.
IMPORTANT!
Watch for Financial Aid
notifications on your
student email account,
https://student.msjc.edu/
and financial aid checklist,
https://login.msjc.edu/
Make sure you check
your email regularly so
you don’t miss any
financial aid news.
Your Financial Aid Award contains one DISBURSEMENT
or more of the following types of aid: NEWS
GRANTS
Grants are awards that you do not
have to repay. The amount listed on
your student account for each
semester will be disbursed in that
semester if you are enrolled full-
time. See the information about
awards when you are enrolled less
than full-time.
CA COLLEGE PROMISE GRANT
This is not a cash award. The
CCPG waives enrollment fees for
eligible CA/AB540 residents and
a portion of the student’s parking
permit fee for fall and spring.
CAL GRANT
Gift aid awarded by the
California Student Aid
Commission for CA residents.
You must be enrolled at least
half-time (6 units) to receive this
award. Cal Grant funding is
limited up to 4 academic years.
In order to graduate in 4 years,
you must complete 15 units or
more per semester. Create a
plan with your academic
counselor to ensure you will
graduate in four years.
STUDENT SUCCESS COMPLETION
GRANT (SSCG)
Gift aid for eligible students to
use for pursuing an associate or
certificate program. The student
must be enrolled in full time and
have received a Cal Grant B or C
payment. The maximum award
amount is based on number of
units enrolled.
FEDERAL PELL GRANT
Gift aid for students who
demonstrate exceptional need.
Award amounts are based on
your level of need. If you are
enrolled less than full-time, your
award will be prorated each
semester as follows:
9-11.5 units - multiply your award by .75;
6-8.5 units - multiply your award by .50;
1-5.5 units - calculation depends on your
EFC.
CHAFEE GRANT
Gift aid for students who were in
foster care for at least one day
between the ages of 16 and 18.
Award can be up to $5,000 per
year. First time applicants cannot
reach their 26th birthday as of
July 1st of the award year.
FEDERAL SUPPLEMENTAL
EDUCATIONAL OPPORTUNITY
GRANT (FSEOG)
Gift aid for students who
demonstrate exceptional need.
You must be enrolled at least
half-time (6 units) to receive this
award.
WORK
FEDERAL WORK STUDY
PROGRAM (FWS)
Students awarded FWS have the
opportunity to earn up to the
amount offered on the award
letter. You must be enrolled at
least half-time (6 units) to
receive this award.
After you receive your Financial Aid
Notification, your financial aid grants
for 2020-2021 will be disbursed
according to the https://
www.msjc.edu/financialaid/
disbursement.html
Each disbursement is based on your
enrollment as of the previous week. If
you have a late start class it will not be
counted in your enrollment until the
first day of the class.
If you make changes to your
enrollment during the week prior to
disbursement, this will not be
reflected in your check. You will have
to wait until the next major
disbursement for the adjustment.
Refer to your student FA Checklist for
the types of aid you have been
awarded and plan your budget
accordingly.
Mt. San Jacinto College has partnered
with BankMobile Disbursements to
deliver financial aid funds to
students. Please visit
refundselections.com to choose your
refund preference:
Electronic Deposit to Personal
Account
Electronic Deposit to New
BankMobile Vibe Account
Paper Check By USPS
If you’re a new or returning student, a
hold will be placed on your financial
aid record for a 7-day period until we
receive verification that you have not
received financial aid from another
school prior to any disbursements.
If you drop classes after you receive
your Pell Grant, you may have to pay
back some of your Pell Grant.
If you completely withdraw (to 0 units)
before the term has ended, you may
have to pay back a percentage of
Federal grants.
Note: The disbursed amount will be
adjusted based on registration changes
(adds or drops) during the semester.
Based on the pro-ration example
below, your award may increase or
decrease. A decrease in eligibility may
result in you repaying aid received.
MSJC has made every effort to ensure that the information contained in this publication accurately reflects regulations and policies at the time of printing. However,
regulations governing financial aid are subject to change at any time. MSJC, in compliance with the Civil Rights Act of 1964 (Title VI and Title VII), Title IX of the
Education Amendments of 1972, the Rehabilitation Act of 1973, the Age Discrimination Act of 1975 and the Americans with Disabilities Act of 1990, does not
discriminate on the basis of race, color, national origin, ethnicity, religion, sex, handicap or age in any of its policies, procedures or practices, or does MSJC discriminate
on the basis of marital status or sexual orientation. This non-discrimination policy covers all MSJC programs and activities, including employment.
SEMESTER BUDGET PLANNER
It is important to plan your budget before the semester begins. Use this
worksheet to help you plan your own individual budget. Consider the timing of
when payments are due and when you receive your financial aid disbursements,
paychecks, etc. and plan accordingly.
STEP ONE: ESTIMATE YOUR INITIAL COSTS FOR THE SEMESTER
Registration Fees ______ $46 per unit
Misc. Fees ______ $26 Transportation Service Fee
Health Service Fee
Tuition (if out of state only) ______ $295 + $46 per unit CA state fee
Books ______
Parking ______ $34 per semester *
Total Initial Costs for Semester *If you are receiving a CCPG
fee waiver, parking is $20
STEP TWO: ESTIMATE YOUR MONTHLY LIVING EXPENSE
Rent ______
Food ______
Transportation ______
Miscellaneous ______
Childcare ______
Medical ______
Total Monthly Expenses ______ x 4.5 mo. = Semester Expenses
STEP THREE: ESTIMATE YOUR TOTAL FINANCIAL AID DISBURSEMENTS
Financial Aid Refer to your award letter for the amount and type of aid you will
receive and check the ones that are listed on your award letter. Make sure you
enter semester amounts (not academic year awards). Fill in the blanks by
referring to your student eagle advisor and the Award Guide.
Financial Aid Amount Units Required
Fees Waived
1 or more
1 or more
6 or more
6 or more
12 or more
6 or more
________
________
________
________
_______
CCPG
Pell Grant*
SEOG
Cal Grant B*
SSCG
Federal Work Study
Scholarships ________
Disbursement Dates
_________________
_________________
_________________
_________________
paid monthly, based on hours worked
Will vary by donor.
* If less than 12 units, the amount of the grant will be reduced.
Total SEMESTER AID
STEP FOUR: ESTIMATE YOUR TOTAL “OUT OF POCKET” EXPENSE.
This is the amount you will need to cover yourself through employment,
savings, or other sources.
Total Financial Aid from Step Three
Subtract Total Initial Expenses from Step One (deduct)
Subtract Total Semester
Expenses from Step Two
(deduct)
STEP FIVE: PLAN FOR MEETING
“OUT OF POCKET” EXPENSES.
My plan to meet my “out of pocket”
expenses is:
Employment
Savings
Benefit payments
Help from relatives
Other _________________
Amount: ______________________
Dates I will receive: _____________
My Notes:
MT. SAN JACINTO COLLEGE
2020-2021 STANDARD
STUDENT BUDGETS
For one semester
Standard budgets are based on average
costs. Your actual costs may vary.
With Parents
Tuition & Fees* $716
Books & Supplies $540
Room & Board $4,390
Transportation $469
Miscellaneous $1,613
$7,728
Away from Home/Off Campus
Tuition & Fees* $716
Books & Supplies $540
Room & Board $8,290
Transportation $429
Miscellaneous $1,892
$11,867
* Based on 15 units per semester
Non-residents add $341 per unit
Additional budget considerations:
Child care costs
Costs associated with a
disability
Cost of computer used for
coursework
Estimated Out of Pocket Expense
no funds disbursed
$ 0.00
$ 0.00
$ 0.00
$ 0.00
$ 0.00
C L E A R
P R I N T
$ 0.00
$ 0.00
$ 0.00