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New Changes for 2015-2016

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Disbursement Schedule

Summer 2016 Disbursement information

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Receiving Financial Aid


Important Dates

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Financial Literacy Cash Course

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Progress



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admissions

Chaffey College
2017-2018 Disbursement Schedule

Federal Pell Grant awards will be divided in two payments each semester. The first disbursement will be issued during the first week of the semester. Disbursements will be made to eligible students with complete financial aid files that have Pell awarded, are enrolled in full term courses and meet Satisfactory Academic Progress (SAP) per criteria established by the Chaffey College Financial Aid Office.

If you have been awarded a Federal Pell Grant, or any other type of aid, it will be automatically accepted in the award letter. Although you may be registered, you must be in attendance and your classes must have already started. Late start classes must begin for units to be included in first disbursement; otherwise they will be included on subsequent disbursements. Payment will be adjusted according to enrollment status. For students whose financial aid files were incomplete at the beginning of the school year or were awarded later in the term, payments will be issued on subsequent disbursement dates.

* All Disbursements are contingent upon funding. Cal Grant disbursements are contingent upon funding from the State. Cal Grant and FSEOG funds will be released in one payment per semester. All financial aid Grant funds are disbursed electronically.

Eligible Chaffey College students will receive their financial aid disbursements via BankMobile (formerly Higher One) disbursement services. All students have choices for receiving their financial aid refunds: Electronic Deposit to Another Account or Electronic Deposit to a BankMobile Account. Students must make a selection in order to avoid a delay in their disbursement. Once eligibility is confirmed, students will receive their financial aid funds based on the method they choose to receive their funds. For more information Visit www.Refundselection.com

Lifetime Eligibility Used (LEU): Students receiving Federal Pell are limited to six years (12 semesters) or full time equivalent (600%) of aid. Once you have received 600% of Pell grant, you will no longer be eligible for additional Pell Grants at Chaffey College or any college/university in the country, regardless of completion of program of study or Bachelors.

** Disbursement schedule is tentative and subject to change. Funds will be available within 24 hours of the scheduled date, and no later than 5pm the following day


FALL 2017 Enrollment Dates 08/14/17-12/14/17
Files completed by:
** Funds Available to students by:
* Award Type
Tuesday, August 8 Thursday, August 17 1st Disbursement: First ½ of Pell Disbursement
Tuesday, August 22 Thursday, August 31 1st ½ of Pell Disbursement, increased units
Wednesday, September 6 Friday, September 15 1st ½ of Pell Disbursement, increased units
Tuesday, September 26 Thursday, October 5 1st ½ of Pell Disbursement, increased units, FSEOG, Cal Grant, FTSSG
Tuesday, October 17 Thursday, October 26 1st ½ of Pell Disbursement, increased units, FSEOG, Cal Grant, FTSSG
Monday, October 30 Thursday, November 9 1st and 2nd Disbursement: 1st Pell Disbursement and Second ½ of Pell Disbursement, Cal Grant, FTSSG
Monday, November 13 Wednesday, November 22 100% of Pell Disbursement, FSEOG, Cal Grant, FTSSG
Tuesday, December 5 Thursday, December 14 100% of Pell Disbursement, FSEOG, Cal Grant, FTSSG


SPRING 2018 Enrollment Dates 01/08/2018-5/17/2018
Files completed by:
** Funds Available to students by:
Award Type
Tuesday, January 2 Thursday, January 11 1st Disbursement: First ½ of Pell Disbursement
Tuesday, January 16 Thursday, January 25 1st ½ of Pell Disbursement, increased units
Tuesday, January 30 Thursday, February 8 1st ½ of Pell Disbursement, increased units
Tuesday, February 20 Thursday, March 1 1st ½ of Pell Disbursement, increased units, FSEOG, Cal Grant, FTSSG
Tuesday, March 20 Thursday, March 29 1st ½ of Pell Disbursement, increased units, FSEOG, Cal Grant, FTSSG
Tuesday, April 3 Thursday, April 12 1st and 2nd Disbursement: 1st Pell Disbursement and Second ½ of Pell Disbursement, Cal Grant, FTSSG
Tuesday, April 24 Thursday, May 3 100% of Pell Disbursement, FSEOG, Cal Grant, FTSSG
Tuesday, May 22 Thursday, May 31 100% of Pell Disbursement, FSEOG, Cal Grant, FTSSG


Important Information: Students who are on Warning, Monitoring or Termination status, approved appeal or may have been reinstated after Summer, Fall and Spring terms grades posted, may experience a financial aid disbursement delay in their next semester until grades are posted and SAP is evaluated.

Warning: Students will owe money back to the Federal Government and/or Chaffey college if:
  • Student receives funds and withdraws from all classes prior to completing 60% of the term
  • Student receives Federal and State aid from more than one school for the same or overlapping term. (This statement does not apply to the BOGW waiver).
  • Reduced enrollment: Student receives funds and withdraws from courses, which changes their enrollment status


Enrollment status
Awards are based on full-time enrollment status; however, students are not necessarily required to enroll in full-time to receive aid. If students are enrolled in less than full-time for the semester, disbursements will be adjusted in accordance with the enrollment status.
  • 12 or more units= full-time enrollment status (students receive 100% of award per semester)
  • 9.0-11.5 units=3/4 time enrollment status (students receive 75% of award per semester)
  • 6.0-8.5 units= ½ time enrollment status (students receive 50% of award per semester)
  • 5.5 units or less= less than half-time enrollment status (award) will be prorated; not all students are eligible at less than half-time enrollment)
You will be notified of any changes or updates to your Chaffey email. Check your Chaffey email periodically for updates.

 


 
Financial Aid Office Hours
Mon. & Thur. 7:30am - 7:00pm
Tues. & Wed. 7:30am - 4:30pm
Friday 7:30am - 4:00pm
Thursday, May 18th
Student Services hours will be from 7:30 am - 2:00 pm.

Learn about financial aid through these short videos.

FinAid TV

Go to Chaffey's Financial Aid TV


Links admissions
 
Free Application for
Student Aid
You can now apply for the 2017-2018 school year!
File a 2017-18 FAFSA as early as October 1st to apply for aid for the Fall 2017 term.



Visit
BankMobile
to learn about how disbursements are made!




California Student Aid Commision logo
California Student Aid Commission
Questions about CalGrants?
Check out the CSAC site.


Money and Diploma picture
Chafee Grant for Foster
Youth

Visit this site or your ILP worker for more info.



Student Clearing House Logo
National Student Clearing House.  
Trusted source for enrollment verification and loan/lender information.



Rev. 9/21/17


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