What is Financial Aid?
Financial aid is money available to assist students with the costs of attending college. Financial aid comes from the federal government, state government, the College, and from private sources in the form of scholarships. Grants and scholarships are assistance you don't have to pay back. Federal Work-Study allows you to work and earn money to help pay for school. Loans are borrowed money that you must repay with interest. The Federal Student Guide provides greater detail on Federal Student Aid.
Who can receive financial aid?
To be eligible to receive federal student aid, you must meet certain requirements. You must be:
Also
What if my financial situation has changed since I filed my FAFSA?
You may request a Documentation of Unusual Circumstances Form from the Financial Aid Office that will allow us to reevaluate your financial aid eligibility due to unemployment, loss of benefits, divorce or other special circumstances.
How can I get the best financial aid award package?
Apply early - some grants are awarded on a first-come, first-served basis.
Note: Grant funds are need-based and are awarded to the neediest students first. (To be eligible for aid for the 2005-2006 school year, the 2005-2006 Free Application for Federal Student Aid (FAFSA) must be received by the federal processor no later than June 30, 2006).
Since financial aid may not cover my entire living and educational costs, what else can I do?
Seek non-work study employment. Use savings. Ask clubs, organizations, churches to which you belong if they have any scholarship funds. Consider living at home or with relatives to save on rent and utility costs. Apply for scholarships. You may request scholarship information at the Butte College Foundation Office.
What is Federal Work Study (FWS)?
FWS is a federally funded student employment program established to assist students in meeting their educational costs through part-time on campus positions or in off-campus positions, some of which are contracted community service positions. Students use the services of the Job Placement Office to assist in finding employment and completing necessary forms. Once you receive your Award Notification take it to the Job Placement Office to inquire about your eligibility for FWS.
What is the cost of attendance?
Average annual costs (tuition, books, fees, room and board, transportation, etc.) determined to be necessary to attend Butte College. These figures are subject to change.
How is my expected family contribution (EFC) determined?
Your (and your spouse's if married, parents if dependent) income, assets, number in household, number in college, and your state of legal residence are used in determining the expected family contribution. The formula applied to your information is determined by the federal government.
How do I apply for financial aid at Butte College?
Complete the FAFSA or the renewal FAFSA and mail it to the processor as soon as possible after January 1 for the coming academic year. You may also apply using FAFSA or RENEWAL FAFSA ON THE WEB (be sure to update any changes on the form). Paper FAFSAs are available from campus financial aid offices, high schools and public libraries. You can also call the federal processor (1-800-433-4243) to have one mailed to you. Read the application instructions carefully. Be sure to add the federal school code to your application. Mail the FAFSA to the processor. When in doubt, call or visit the Financial Aid Office.
BUTTE COLLEGE SCHOOL CODE 006972
Do I need to submit other documents to Butte College?
Only if they are requested. Remember to include your name and Butte College ID number on all documentation submitted, including parent documents.
Do I need to keep copies?
Yes! Keep copies of all forms completed and any materials used to prepare the forms, such as tax returns.
When do I apply for financial aid?
As soon as possible after January 1 of the school year you plan to attend. (i.e., Jan 2, 2005 for August 2005)
Why can't you tell my spouse, parents, or outside agencies what kind of aid I have been awarded?
The Family Educational Rights and Privacy Act of 1974 (also known as the Buckley Amendment) limits access to educational records without expressed written consent.
Do I have to reapply for financial aid each year?
Yes. However, once you have filed a FAFSA, you may be able to file a Renewal FAFSA the next year. It won't be nearly as complicated the second, third, or fourth time around. A Renewal Free Application for Federal Student Aid (FAFSA) is designed for students who applied for aid the previous year. You may use this online application to complete and submit the Renewal FAFSA on the Web. Be sure to correct any information that has changed since the previous year, especially new financial data.
Am I required to use my parent's information on the FAFSA?
The instructions in the FAFSA will explain whether or not you must include parent information. If you have been declared independent by a financial aid administrator in the past, or if you think your special situation merits a review, request and complete a Dependency Status Appeal Form from the Financial Aid Office.
My parents refuse to give me the information I need to fill out my financial aid forms. They say it's nobody's business. Am I out of luck?
Contact the Financial Aid Office at the College. He or she can review your circumstances and explain your options.
My parents are separated or divorced. Whose information should be given on the FAFSA?
On the application, information should be given for the parent you lived with the most in the last 12 months. If you don't live with either parent or lived with both parents for an equal number of days, information should be given for the parent who provided the greater amount of support to you during the last calendar year. FAFSA instructions have information that will be helpful if you have questions about providing information from separated or divorced parents.
I'm moving out of my parents' house and will support myself from now on. Do my parents still have to fill out the financial aid application?
You may only apply for financial aid as an independent student if you meet any of the following criteria:
Students who do not meet this criteria are considered dependent on their parents by federal law no matter where they live (there are limited exceptions--please note them in the FAFSA instructions). If your parents do not provide their information on your application, you probably cannot be considered for aid.
What if my family's situation changes after we apply for aid?
Give the new information to the financial aid office. That office can determine if the change will affect your eligibility for assistance.
What steps do you follow to determine my eligibility?
First, we assign you a Cost of Attendance budget based on your dependency status. This budget is based on the full-time cost of tuition, books and supplies and an estimated cost for living expenses.
Second, we subtract the EFC that was reported on your Student Aid Report. The result is your Estimated Financial Need. You will receive funding, as available, up to this remaining need amount.
How are Financial Aid funds awarded?
The Federal Pell Grant is subtracted from the remaining financial need.
If there is remaining need, funding may be awarded in the following order:
All of these funds are limited and are awarded until they are depleted. In addition, there is a maximum limit for each award.
This means that it is possible for you to have remaining need even after all funds have been awarded.
I have a bachelor's degree. Am I completely out of luck?
No. You are not eligible for a the Pell Grant, FSEOG and Calgrant.
But you are eligible for BOGFW, Federal Work Study and a stafford Student Loan.
The same formula as above will be used and any unmet need will first be filled by BOGFW and then with FWS. You may also be eligible to apply for a Federal Direct Loan.
How Do I receive financial aid for the Summer?
Students may receive financial aid payments (Pell) for attending summer classes if: