Fill - Free fillable How was my financial aid (Mt. San Jacinto Community College District) PDF form

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.

Note: CCPG eligibility is tied to student

academic standings in the same way as

priority registration. For more

information on academic standing;

probation and dismissal policy, please

see the MSJC Catalog 2020-2021.

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

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

C L E A R

P R I N T

$ 0.00

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