Wednesday, August 20, 2014

Southwestern College Left Navigation

Federal Aid

To apply for Federal Financial aid, you must complete a “Free Application for Federal Student Aid” (FAFSA). You may pick up a FAFSA in the Financial Aid office in the Student Services Center, 1st floor, or you may find one online at www.ed.gov. To complete the online application you must request a pin through this link, which will allow you to sign the application electronically and make subsequent corrections to your original application via the web.

Federal Aid programs available include:

  • Federal Pell Grant: The Federal Pell Grant program provides need-based grants to low-income undergraduate students to promote access to postsecondary education. Grant amounts are dependent on the student's Expected Family Contribution (EFC), cost of education, enrollment status, and whether the student attends for a full academic year or less. Students may not receive Pell Grant funds from more than one school at a time.

  • Federal Supplemental Educational Opportunity Grant (FSEOG): The FSEOG program also provides need-based grants to low-income undergraduate students to promote access to post-secondary education. The Financial Aid Office determines eligibility by using extensive criteria. Priority is given to students with "exceptional need" (those with the lowest EFC at the institution) and who are Pell Grant recipients. Availability depends upon the allocation of the school.

  • Federal Work-Study (FWS): FWS is a program that provides jobs for undergraduate students who demonstrate financial need. The maximum amount awarded varies upon the total cost of education versus the financial need. Once an amount is awarded, the student contacts the campus Student Employment Services to obtain assistance in finding a job. Students will be paid on an hourly basis within the maximum number of hours allowed to work during the period of enrollment. Students must be enrolled and maintain a minimum of six (6) units

  • Federal Subsidized Student Loan*: The Federal Subsidized Student Loan is a need-based student loan program designed to assist students with their educational expenses during a period of enrollment in an eligible program of study. This student loan is insured by the federal government and guaranteed by the California Student Aid Commission (CSA). All students must submit a FAFSA to "Federal Student Aid Programs" and receive a valid Student Aid Report (SAR) back in the mail. Students must then submit their SAR and complete any other requirement documents for their Financial Aid file. Subsequently, the student is processed and must receive an Award Letter prior to applying for a student loan.

  • The Subsidized Student Loan is available to students based on their remaining need and student loan request. The interest is subsidized or paid by the government for the student while the student is enrolled in at least a minimum half-time status. The interest is also paid for the student six months after completion date or their last date of attendance.

For more information, visit the Financial Aid office in the Student Services Center, 1st floor, or call 619-482-6357.