Financial AidA Great Option For Financing College
Regardless of your financial status or your parents, you should consider applying for federal financial aid. This application is free. Take a few moments to review step-by-step process and the videos below. If you have questions, please email firstname.lastname@example.org.
Financial aid is any form of assistance that comes from some organized body that assists a student with the costs of attending college. These forms consist of federal, state, institutional and private funds that are used to assist students in funding their education. Scholarships and grants are “free money” that you do not pay back; however, loans are considered as self-help and you are required to pay them back when a student becomes enrolled less than half-time or graduates.
Complete the online Free Application for Federal Student Aid (FAFSA) by clicking here. You will need to use our CCBS school code 041542. Once you have completed the FAFSA and it has been processed by the Department of Education, your information will be forwarded to our Financial Aid Office.
You may be asked to provide additional documentation if selected for verification. Please click “Financial Aid Forms” below to access verification documents.
FAQ’s About Financial Aid at CCBS
How will I know if I am approved for financial aid?
The US Department of Education will send you an email of eligibility after your FAFSA is submitted.
When will my financial aid be processed?
Campus students will receive their aid after the third week of the quarter if they have not been selected for verification.
Online students will receive their aid after the the second week of the the second course of the semester if they have not been selected for verification.
If you are selected for verification, your aid will not be processed until all required documents are submitted.
How many disbursements will I receive?
If you are attending on campus, you will receive one disbursement every quarter. If you are an online student, you will received one disbursement each semester.
When will my I receive my excess funds?
If there are excess funds on your account, you will receive them after your Title IV funds have been applied to your account.
Campus students will receive their aid after the third week of the quarter.
Online students will receive their aid after the second week of the second class of the current semester.
What if I want to send the excess money back?
If you do not wish to keep your excess funds check, you can return the funds back to the school with a signed note stating that you are requesting the excess funds be sent back. You can also request a specific amount of aid to be processed so that you can avoid excess funds.
Can I limit the amount of loans I take out?
Yes, you can request a specific amount.
Are grants or loans applied first?
The Pell Grant is applied, then the Subsidized loan, then the Unsubsidized loan.
Is the excess money I receive ever Pell?
If you are a campus student, there is a possibility that your excess funds may be Pell.
If you are an online student, there will never be an excess of Pell. The tuition for the online Associate programs is $2970.00 and the Bachelor’s is $3090.00 per semester. The maximum amount per semester for 2016-2017 Pell is $2907.50.
Will my Federal Pell Grant cover the cost of my program?
If you are a campus student, there is a chance that your Federal Pell Grant can cover the cost of your program.
If you are an online student, your Federal Pell will not cover your entire degree program. You will need to apply for a Federal Direct Loan or pay cash for what your Pell Grant does not cover.
How much money can I borrow in federal student loans?
As an undergraduate student, you are eligible up to $5,500 to $12,500 per year in Direct Subsidized Loans and Direct Unsubsidized Loans depending on certain factors, including your year in college.