palomar makes it possible

w w w. p a l o m a r. ed u/fa

PALOMAR MAKES IT POSSIBLE.FINANCIAL AID

GUIDING STUDENTS THROUGH THE FINANCIAL AID PROCESSOFFICE OF FINANCIAL AID

PALOMAR MAKES IT POSSIBLE.

Roadmap to Financial Aid Success

What is Financial Aid?

Apply: FAFSA/Dream Act

Types of Aid

Special Circumstances

How much will I receive?

Final Questions?

Palomar Promise

Satisfactory Academic Progress

What is Financial Aid?

Financial aid is any form of funding that helps students and their families pay for college.

Tuition and fees Room and board Books and supplies Transportation

Provides opportunity and access to college.

Helps cover the gap between the family can pay and the cost of education.


Types of Financial Aid

Gift Aid is money that does not have to paid back.

“Self-Help” Aid is money that you work for or that you will need to pay back later.

Different types of aid are provided through various sources, such as federal and state agencies, colleges, high schools, foundations and corporations.



Money that does not have to be paid back. Typically based on financial need. Federal Grants:

Federal Pell Grant (amounts change yearly). Pell Grant maximum for 2020-2021 aid year $6,345

Federal Supplemental Educational Opportunity Grant (FSEOG)

State Grants: Provides financial assistance to qualified CA residents and AB540 students attending a CA college or university. California College Promise Grant (Waives your enrollment fees $46/unit) Cal Grant B maximum award $ $1,656 Full-time (High School GPA 2.0) Cal Grant C maximum award $ 1,094 (Vocational, Occupational or Technical programs) Student Success Completion Grant - Enrolled in 12 units+ & receiving Cal Grant

12-14.99 units =$649/semester 15+ units = $2,000/semester

Grants



Scholarships are available for students based on GPA, certain religious, ethnic, cultural background, athletic, artistic or creative abilities.

Palomar College has ONE main scholarship application cycle each year. 2021-2022 Scholarship Application has closed

Some trusted scholarship websites include: FastWeb: www.fastweb.com College Board: www.CollegeBoard.com Student Scholarships: www.studentscholarships.org

Remember, a scholarship is free money that does not have to be repaid!

For more information: www.palomar.edu/scholarships

Scholarships


Presenter

Presentation Notes

http://www.fastweb.com/

http://www.collegeboard.com/

http://www.studentscholarships.org/

http://www.palomar.edu/scholarships


Federal Work Study allows students to earn a paycheck to help pay for education-related expenses.

Federally-funded, need-based employment program.

Considered part-time employment while enrolled.

For more information: www.palomar.edu/fa/federal-work-study

Work Study


http://www.palomar.edu/fa/federal-work-study


Student Loans Student Loans: borrowed to finance educational costs. Must be repaid. Must be enrolled in at least half time (6 units). Subsidized Loan:

Students with financial need Interest is paid the by the DOE while enrolled in at least half time

Unsubsidized Loan: Not need based Interest begins accruing as soon as the loan is disbursed

First Year Students may borrow the following (if eligible): Up to $3,500 in Subsidized loan Up to $2,000 in Unsubsidized Loan

Interest rate 2.75% for Direct Loans (subsidized and unsubsidized) disbursed after July 1 ,2020.

ONLY BORROW WHAT YOU NEED!


Apply for Financial Aid

The first step is to APPLY!


IF YOU ARE A U.S. CITIZEN, A PERMANENT RESIDENT OR OTHER

ELIGIBLE NON-CITIZEN*IF YOU ARE A DACA, AB 540

STUDENT

Complete the Free Application for Federal Student Aid (FAFSA)

Complete the California DREAM Act Application (CADAA)

www.fafsa.gov https://dream.csac.ca.gov *Other Eligible Non-Citizens include :Arrival-Departure Record (I-94) “Refugee,” “Asylum Granted,” “Indefinite Parole,” “Humanitarian Parole,” or “Cuban-Haitian Entrant”. A citizen of the Republic of Palau (PW), the Republic of the Marshall Islands (MH), or the Federated States of Micronesia (FM).

http://www.fafsa.gov/

https://dream.csac.ca.gov/


Source: Federal Student Aid



• Were you born before Jan. 1, 1998?

• Are you married or separated but not divorced?

• Graduate student? Working towards Master's or Doctorate Degree?

• Do you have children or dependents who receive more than half of their support from you?

• Active Duty?

• Veteran of U.S. Armed Forces?

• At any time since you turned age 13, were both of your parents deceased, were you in foster care or

were you a ward or dependent of the court?

• Are you an emancipated minor or are you in a legal guardianship as determined by a court?

• Unaccompanied youth who is homeless or self-supporting and at risk of being homeless?


Dependent or Independent?

If the answer to ALL is NO = DEPENDENTIf the answer to ANY is YES = INDEPENDENT


Failure to provide signatures on FAFSA

Duplicate income information reported

Incorrect Personal or Parent information (i.e. Wrong SSN, DOB, Name) If parent does not have SSN list all zeros. DO NOT list ITIN

Not providing parent's information-If you are dependent student you will be required to provide parental data. Must include biological or adoptive parent(s) If parents are divorced/separated and not living together, list the parent with whom you lived more in

the last 12 months If parent is re-married, include step-parent's information as well


Common FAFSA Errors


Applications become available October 1st for the following academic year.

FSA User ID’s are required for both student and one parent to electronically sign the FAFSA and request the IRS DRT.

2021-2022 Aid Year: Report 2019 income.



Free Application for Federal Student Aid (FAFSA)



Cal-Grant

By creating a WebGrants account a student can:

Check Cal Grant award status 24/7 Confirm high school graduation as required Make changes to Cal Grant school choices View Cal Grant payment history Create a WebGrants account at: www.webgrants4students.org

http://www.webgrants4students.org/


Submitting your FAFSA/DREAM Act application is not the final step.

Receive e-mail notification when FAFSA is processed. This means the FAFSA information was sent to the school. It DOES NOT mean your award has been finalized.

Palomar College (if listed) will use the FAFSA/DREAM Act information to determine financial aid eligibility.




Palomar College will contact you via email if more information is needed. View your Palomar Student email via MyPalomar account regularly for updates.



You may also see tasks listed on your “To Do List” via MyPalomar Some students may be selected for “Verification” or other documents may be

required Financial aid awards cannot be finalized until the tasks on the “To Do List” are

complete



Emergency Funding/COVID-19 Grants (CARES/HEERF Funding) Funding to assist eligible students with costs associated with attending college courses

during remote operations as a result of COVID-19.

Eligibility: Enrolled in classes for Fall 2021 Apply by October 30th (or while funds are available) Have an official 2021-2022 FAFSA application on file FAFSA application is not required for International Students Complete the on-line application on your Student Center (MyPalomar account)

How much will I get from COVID-19 Grant? .5 to 5.5 units: $500 6-11.5 units: $1,000 12+ units: $1,500 Non-Credit Only students $350 Book/Supply Grants $250


When will I receive my award letter?

Financial aid award letters typically available to view in August (as long as all required documentation has been submitted).

Even if you don’t complete a FAFSA before the start of the semester, you may still receive an award letter if your Financial Aid file is complete by the required deadlines.


Check your MyPalomar account and Palomar Student email regularly!



End of child support, SS

benefitsUnusual uncovered

medical/dental expenses

Parent or spouse death

Catastrophic Loss

Loss of employment

Divorce

Student cannot obtain

parental information


Adjustments can be made to information submitted on the FAFSA on a case-by-case basis. How do I appeal a Financial Aid award?

Refer to our “Appeal & Special Circumstance” page www.palomar.edu/fa/appeals

An Income Special Circumstance Form will require written explanation and supporting documentation to Financial Aid Office

A Dependency Override Request Form will require a written explanation of circumstance, an affidavit, and/or court legal documents (if applicable)

Palomar College will review and request additional information if necessary


Please note: You cannot be considered independent of your parents simply because they refuse to help you with the FAFSA form. This is not considered a valid reason for an appeal. Valid examples may include: Parental abuse,

abandonment, incarceration, etc.

http://www.palomar.edu/fa/appeals


Federal regulations required that colleges follow Satisfactory Academic Progress (SAP) standards for students applying and receiving federal aid.

Academic history is reviewed on an annual basis.

GPA: Cumulative Grade Point Average must be 2.0 or greater

Pace: Complete 67% of cumulative units attempted The pace is measured by dividing the cumulative number of units the student

has successfully completed by the number of units the student has attempted.

Unit Limit: Complete your major within 150% unit limit


Example: Joe needs 60 units to complete an Associate’s Degree at Palomar College

The maximum units that Joe is allowed to attempt and still be eligible for financial aid is 60 units x 150% = 90 units

All programs may have different maximum unit limit requirements


Appeals may be submitted if you had an extenuating circumstance that contributed to your SAP disqualification Examples: Medical problems, family emergency, other documented extenuating

circumstances

How do I appeal my SAP disqualification? Refer to our “Appeal & Special Circumstance” page

www.palomar.edu/fa/appeals Satisfactory Academic Progress Appeal Form must be submitted along with

supporting documentation that supports the extenuating circumstance Second Level Director Appeals are also available for consideration


Appeals eligibility will NOT be retroactive for prior terms

Submit all appeal paperwork by published deadlines located on the appeal forms

http://www.palomar.edu/fa/appeals

Palomar Promise

The Palomar Promise is designed to provide first-time college students with access to an affordable higher education!

For the 2021-2022 academic year, eligible Palomar Promise students will receive the following benefits*: Free tuition for up to two years ($46/ unit, up to 19 units per semester,

material fees not included) Promise textbook assistance (up to $100 per fall and spring semester) Priority registration for the first year Academic/career counseling services Individualized educational plan Academic enrichment, career, and social activities throughout the year Special events to help students connect with the Palomar college resources

and campus community *Program benefits subject to available funding


Palomar Promise 2021-2022 application deadline is August 13th!

Palomar Promise

Apply to Palomar College: www.palomar.edu/apply

Activate and Check your Palomar Student Email

Complete the FAFSA or CA DREAM Act Application for Palomar College

Complete New Student Orientation

Submit your Palomar Promise Application through MyPalomar

View your Promise Checklist through MyPalomar

Counseling: Schedule an appointment to develop your educational plan 760-891-7511

Register for Classes Full-time (12 units) Waiver of 12 units via DRC

(Disability Resource Center)

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For more information: www.palomar.edu/palomarpromise


http://www.palomar.edu/apply

http://www.palomar.edu/palomarpromise

Questions?


Contacting the Financial Aid Office

Types of Aid

Via phone: 760-744-1150 Extension 2366Monday-Thursday 8:00am-5:00pmFriday 7:30am-2:00pm

Via email: [email protected]

Virtual Help Desk via Zoom: www.palomar.edu/enrollmentservices/enrollment-services-virtual-front-desk/Tuesdays: 9:30 AM – 10:30 AMWednesdays: 9:30 AM – 10:30 AMThursdays: 2:00 PM – 3:00 PM


mailto:[email protected]

http://www.palomar.edu/enrollmentservices/enrollment-services-virtual-front-desk/

palomar makes it possible

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