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.
What if my financial situation has changed since I filed my FAFSA?
You may download an Appeal for Unusual Circumstances form from the Financial Aid web site. Read the instructions carefully. Documentation is required that will allow us to determine if your circumstances will result in a change to your aid eligibility. Students with changed situations, including unemployment, loss of benefits, divorce or other special circumstances, may consider this alternative.
Note: Grant funds are need-based and are awarded to the neediest students first. (To be eligible for aid for the 2012-2013 school year, the 2012-2013 Free Application for Federal Student Aid (FAFSA) must be received by the federal processor no later than June 30, 2013).
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 email, take it to the Job Placement Office to inquire about your eligibility for FWS. July 30, 2012 is the first day students may apply for work-study for 2012-2013.
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 online, as soon as possible after January 1 for the coming academic year. Read the application instructions carefully and supply all requested information. Be sure to add the federal school code to your application.
BUTTE COLLEGE SCHOOL CODE 006972
Paper FAFSAs are not encouraged, but may be downloaded from the FAFSA web site if necessary. You can also call the federal processor (1-800-433-4243) to have one mailed to you.
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 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.
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.
But you are eligible for BOGFW, Federal Work Study and a Federal Direct 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.