Cal Grant Programs or www.calgrants.org
Cal Grants A, B, and C are for undergraduate students who meet the financial, academic, and eligibility requirements, and apply on time. Awards may be used only at qualifying colleges in California and do not need to be paid back. Cal Grant T is for students who will be attending a teaching credential program, in exchange for teaching service.
Cal Grants B and C are the only programs that are offered at MiraCosta College. You must be enrolled at least half-time to receive this award. All students may apply for Cal Grants A, B, and C by filing a FAFSA and the California Student Aid Commission’s GPA Verification Form no later than the postmark deadline of March 2nd for the upcoming school year. If you are in high school, you may apply in your senior year.
If you fall into one of the first two categories below, MiraCosta College will submit your verified GPA electronically to the California Student Aid Commission. You do not need fill out the Cal Grant GPA Verification Form.
Students who will be attending a California Community College in the fall and miss the March 2nd deadline, have until September 2nd, to apply for the California Community College Cal Grant. Since the number of awards available in September is limited, it is best to have your FAFSA and GPA Verification form in no later than the March 2nd deadline. Individuals meeting the March 2 filing deadline by submitting both the FAFSA and the GPA Verification form, will be given optimal consideration.
Students who are offered a Cal Grant A but choose to attend a California Community College first, can reserve the award for up to three years until transferring to a four year college, if still financially qualified. If your Cal Grant A is held in reserve, you can activate it any time. If you list a California community college before a four-year California college on your FAFSA, it will be assumed the community college is your first choice. If you receive a Cal Grant A, the award will be placed in reserve for your first year unless you transfer to a tuition or fee-charging college and request to activate your award. When you do transfer, be sure to let your school know you have a CC reserve grant.
The Cal Grant B provides a living allowance and tuition and fee assistance for very low-income students. Awards for community college students and all first-year students provide up to $1,656 for books and living expenses. When renewed or applied for beyond the freshman year at a four-year college, the award also helps pay for tuition and fees. The top awards for tuition and fees are the same as those for Cal Grant A. For the Cal Grant B, your course work must be for at least one academic year.
Cal Grant C assists vocational students with tuition and training costs. Students must be enrolled in and attending a vocational training program lasting from four to 24 months in length. The maximum award amount is $576 at MiraCosta College.
The Federal Work Study Program offers part-time on-campus jobs to eligible financial aid applicants. Students are paid from funds the college receives from the U.S. Department of Education. The award is part of the student’s aid package; therefore a student must re-apply through the Financial Aid Office each year. There is no guarantee that a student will continue to receive work study awards from one award year to the next. Federal Work Study funds are limited, so awards usually go to those applicants who complete their financial aid file early and demonstrate financial need. You must complete any and all items requested on your SURF "To-Do List". To request Federal Work Study, email Lucy in the Financial Aid Office at Lfonseca@miracosta.edu.
Students who are awarded this type of aid are notified of the dollar amount they are eligible to earn during each semester, and must accept the offer to work by a specified deadline date. The hiring process is then completed through the Career Center/Student Employment Office, located in Building 4700 on the Oceanside Campus, phone 760-757-2121 x6493. If the student does not respond by the deadline the offer is cancelled and the funds are taken away.
In order to be eligible to work on campus, students must maintain at least half-time enrollment (at least 6 units) during Fall or Spring. Eligibility can also be affected by enrollment in late start, short term and all on-line classes; unsatisfactory academic progress; and dropping to less-than-half-time enrollment. There is no summer Federal Work Study.
Once the student has completed the hiring process, the Financial Aid Office will email a "Confirmation of Assignment" form to the supervisor and the student. This form confirms how many hours the student can work each term, using federal funds. It is the supervisor's and student's responsibility to keep track of the hours used to ensure they are not exceeded. Any hours worked beyond those authorized are automatically charged to the department's district account.
Federal Work Study student workers are permitted to work no more than 19.5 hours per week while classes are in session. During periods of non-attendance, such as Spring Break, students can work up to 40 hours per week, but cannot exceed 8 hours per day.
Timecards must be completed, signed and submitted to the Payroll Office on or before the third workday of the following month. Late timecards may result in the department's district account being charged. Students should indicate on their timecard that they are being paid using Federal Work Study funds by writing "FWS" on their timecards.
The earliest possible start date for Federal Work Study funding is August 1, 2016 for Fall 2016 award and January 3, 2017 for Spring 2017. The last possible working date for Federal Work Study funding is the last day of Spring semester, May 26, 2017 (or the last day of attendance), if your award includes Spring 2017 work study. The period of time from the last day of the Spring semester thru July 31 cannot be funded through federal work study.
Federal Pell Grant
Your Pell Grant award is based on your Financial Aid Enrollment Status. Pell Grant awards must be recalculated if your Financial Aid Enrollment Status has changed from what is printed on your Award Letter. All calculations are based on the 34 week Academic Year definition.
If you have a Pell Grant award and you want to use those funds to purchase books, you may apply for a Pell Advancement. A Pell Advancement will authorize credit in the Bookstore at the beginning of each term (Fall and Spring only) for up to half of your term's Pell award up to a maximum of $500.00. Contact the Financial Aid Office for the specific dates each term. Advancement forms may be completed ahead of time. The amount of your charges on the Advancement will be deducted from your Pell disbursement and paid to the Bookstore on your behalf.
Federal Supplemental Educational Opportunity Grant (FSEOG)
FSEOG funds must be awarded to Pell-eligible students who have the lowest family contribution. You must be enrolled in at least six (6) units to receive FSEOG funds (see Enrollment Status).
MiraCosta College partners with a third party servicer, Higher One, to disburse financial aid funds. By doing so, we are able to disburse funds to students faster and more frequently. You may choose direct deposit to your current bank account, direct deposit to a Higher One account, or a paper check by U.S. mail as your preferred method of financial aid delivery. A Higher One debit MasterCard will be mailed to financial aid students in a bright green envelope; this packet will have instructions for account authentication and choosing the preferred disbursement method.
The regulations and policies governing financial aid are complicated and lengthy. It would be impossible to include them all in a publication of this size. Here, we have attempted to outline the basic financial aid requirements. This brochure is as accurate as possible as of the date printed. Federal, state, and institutional policies and procedures may change after this document is printed.
There are difficult situations where students and/or parents purposefully misrepresent information in hopes of obtaining financial aid assistance. The Financial Aid Office is required to have a policy of referral when confronted with actual or suspected cases of fraud and abuse [668.53(a)(5), 668.14(g)].1. Policy for Fraud
Students and/or parents who willfully submit fraudulent information and/or alter documentation to obtain financial aid funds will be investigated to the furthest extent possible. All cases of fraud and abuse will be reported to the proper authorities.2. Procedures for Fraud
If an Aid Administrator determines intentional misrepresentation of facts, false statements, or alteration of documents which resulted or could result in the awarding or disbursement of funds for which the student is not eligible, the case shall be referred to the Director for further review and possible disciplinary action. If the Director determines fraud exists, all information will be forwarded to the Vice President of Student Services, the Office of Inspector General of the Department of Education, and/or the local law enforcement agency.
Processing of the application or disbursement of funds shall be suspended until the Director has determined that fraud is evident.
Evidence of fraud will be reported to the Office of Inspector General.
Regional Office and Telephone Number: Long Beach, CA (562) 980-4141
Inspector General's Hotline: 1-800-MIS-USED
Office of Inspector General
U.S. Department of Education
400 Maryland Avenue, SW
Washington, DC 20202-1510
A Few Words of Advice...Borrow only if absolutely necessary.
MiraCosta Financial Aid Office does not participate in certifying alternative/private education bank loans or Parent Plus loans.
Attention Direct Loan Borrowers
Beginning July 1, 2013 the Department of Education began limiting the amount of time that NEW borrowers can receive a Direct Subsidized loan. New borrowers are students that have NEVER borrowed a Direct Subsidized loan and borrowed for the first time during the 2013-14 school year OR who have borrowed a Direct loan in the past and paid it off in full. You may not receive Direct Subsidized loans for more than 150% of the published length of your program. If you are enrolled longer than the time needed to complete your program, you will lose the subsidy portion of the loan and interest will accrue. Please access this link for more information:
Federal Direct Loans
Direct Loans are low-interest loans for students to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education, though most of the contact will be with your loan servicer. To find the current interest rate and loan fee click on the following link: Federal Loan Interest Rate
The maximum eligibility for grade level 1 (freshmen 0 - 29 college units) is $3,500 per academic year, and the maximum eligibility for grade level 2 (sophomores 30 college units or more) is $4,500 per academic year. Students receiving loan funds for one semester at MiraCosta in order to complete their educational program may receive prorated amounts.
Direct Subsidized Loans
Subsidized loans are based on financial need. The U.S. Department of Education pays the interest on a Direct Subsidized Loan:
*Note: If you received a Direct Subsidized Loan that is first disbursed between July 1, 2012, and July 1, 2014, you will be responsible for paying any interest that accrues during your grace period. If you choose not to pay the interest that accrues during your grace period, the interest will be added to your principal balance.
Direct Unsubsidized Loans
Unsubsidized loans are not based on financial need. Interest is accruing while you are in school and added to the principal loan amount when you go into repayment. MiraCosta’s Financial Aid Office strongly encourages you to explore all options before requesting an unsubsidized loan.
You will not be required to make principal payments while you are in school at least half-time. Six months after leaving school, dropping below half-time or graduating, you will begin to make regular monthly payments on both the principal (the amount you borrowed) and the interest (the amount charged to you for borrowing the money). Depending upon the total amount you borrowed, it may take up to ten years to repay your loan(s).
Apply for a Direct Loan at MiraCosta College
Please complete the ENTIRE loan form steps in order to avoid delays in the processing of your loan request.
The DEADLINE to submit a loan form is as follows:
Direct Loan funds are disbursed in equal payments throughout the entire loan period. No loan checks will be released under any circumstances prior to the thirtieth day of a semester. ALL loan disbursements will be delivered according to your preferred disbursement method using BankMobile.
A Few More Words of Advice. . . Borrow only what is absolutely necessary. You may be paying back this loan for a long time. Take the time now to ask questions and make the right decision, that decision can save you money.