School Funding Faqs. What the results are if college begins and my school funding honor is perhaps maybe not prepared yet?

The length of time does the verification procedure just just take?

The total processing time to expect is all about 3 – 30 days. Processing time could be much longer, especially at the start of the college 12 months or at the starting or ending of a term.

Exactly exactly exactly How numerous credit hours do i must decide to try qualify for loans?

You should be enrolled for at the very least 6 credit hours each term to qualify for loans.

My goal is to move to/from CGCC, just exactly what do i have to do?

You need to add CGCC’s school code (041519) to your FAFSA if you wish to transfer to CGCC.

Once you know your Data Release quantity (DRN) that is situated towards the top of your pupil Aid Report (SAR), you may possibly phone the Central Processing System (CPS) at (800) 433-3243 and include CGCC’s college code within the phone.

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We can not process your ask for help until we’ve gotten your FAFSA data. You have to additionally launch your the aid of the educational college you may be moving from, please contact them straight.

You should contact our office by using the Enrollment Change Form to insure that all remaining aid can be released allowing the other college to award you if you are transferring from CGCC to another school. It’s also encouraged you are transferring to that you be familiar with and in contact with the financial aid office of the college.

I obtained a Federal Pell give and/or Oregon chance Grant (OOG) a year ago, why did We perhaps perhaps not have the same task this current year? (exactly why is my help different this 12 months)

Probably your or your moms and dads income that is. The household size or number in college has changed reducing or eliminating eligibility in some cases.

every year pupils must finish the FAFSA showing the previous year’s income tax information. Your (and/or your parent’s) earnings and asset information could have changed considering that the previous 12 months. Also tiny modifications can impact particular eligibility for help. Every year the authorities reviews and modifies the formulas accustomed determine a family group’s monetary strength that is mirrored into the Expected Family Contribution (EFC).

alterations in eligibility and/or financing levels can additionally happen that modification which students qualify.

We never ever received aid at CGCC and taken care of classes by myself so just why am I disqualified?

Beneath the federal rules regarding Satisfactory Academic Progress (SAP), all regards to a student’s university experience at CGCC must certanly be evaluated. Non-aid recipients is not addressed differently than help recipients whenever SAP that is assigning status.

We received verification that my FAFSA was processed. What’s the status of my aid that is financial application?

Whenever you get notification through the Department of Education that the FAFSA happens to be prepared, CGCC will receive a copy also of the record and can start processing the application for educational funding. CGCC possesses two degree writeup on all FAFSA applications.

  • Initial Review – the very first review to figure out what papers are essential to create your file complete. we will alert you using your MyCGCC account of every extra papers required to accomplish your file.
  • Verification Review – the 2nd review to make sure that your help satisfies every one of the federal legislation associated with aid eligibility that is financial. an award letter will be provided for your pupil e-mail account as soon as this review procedure is finished.

you will obtain information on your school funding status by signing in to your pupil account and choosing Check Financial help Status.

If We decrease loans now and later determine i would like that loan, may I obtain one?

Yes, for as long as you will be nevertheless enrolled 1/2-time and stay otherwise eligible. Complete the Federal Direct Loan Revision Request Form and submit it towards the school funding workplace.

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