Cosumnes River College's Financial Aid Office, located in L-107, provides a wide range of financial assistance to students in the form of grants and loans. All awards are contingent upon availability of funds and academic performance.
The basic premise for all need-based financial aid programs is that the primary responsibility for financing a student’s post-secondary education rests with the student and his/her family. Student financial aid is intended to assist with those educational costs that remain after the student’s resources and an expected contribution from the family have been taken into account. To be considered for financial aid, a student must complete a Free Application for Federal Student Aid (FAFSA) each academic year. The FAFSA is available on the Internet for those students who wish to apply for financial aid electronically.
Cosumnes River College participates in the following programs:
BOGW (Board of Governors Enrollment Fee Waiver)
The Free Application for Federal Student Aid (FAFSA) and a GPA Verification form must be completed by March 2 prior to the award year. The completed GPA Verification must be received by the California Student Aid Commission for consideration.
CAL GRANT A
Cal Grant A helps low- and middle-income students with tuition costs at 4-year colleges and universities. Grant recipients are selected on the basis of financial need and grade point average.
The California Student Aid Commission will hold tuition fee awards, for those who qualify, until the student transfers to a four-year college. Students must maintain eligibility each year.
CAL GRANT B
Cal Grant B is administered and processed by the California Student Aid Commission and aids high-potential students from low income and disadvantaged backgrounds. Applicants must be a new freshman in college, completed no more than 16 units or a full-time semester of college, or have completed 4.5 months at a vocational/technical college by June 30 of the prior school year.
CAL GRANT C
Cal Grant C is administered and processed by the California Student Aid Commission and provides assistance for low- and middle-income students who are formally enrolled in and pursuing a vocational training program at Cosumnes River College.
FEDERAL PELL GRANT
The Federal PELL Grant program is an aid program designed to provide financial assistance to students who have not yet received a bachelor’s degree from any institution. The Federal PELL Grant is intended to be the “foundation” of a student’s financial aid package with other sources of aid to supplement it.
In order to determine a student's eligibility, a Free Application for Federal Student Aid (FAFSA) must be completed.
A Student Aid Report (SAR) will be mailed directly to the student and duplicate information is transmitted electronically to the designated school. The student may be asked to complete verification documentation as required by federal guidelines.
Eligibility will vary according to enrollment status and federally determined Expected Family Contribution (EFC).
FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS (FSEOG)
The Federal Supplemental Educational Opportunity Grants (FSEOG) program is limited to undergraduate students with exceptional financial need who, for lack of financial means, would be unable to enter or remain in college. Funding for this program is limited; therefore, students are encouraged to apply early.
FEDERAL WORK-STUDY PROGRAM (FWS)
The Federal Work Study program allows students to earn money for their educational expenses while in school. Students are encouraged to find jobs relating to their program of study. Work study wages are based on federal minimum wage guidelines. Students may qualify by virtue of their need, satisfactory academic standing, availability and feasible work skills.
FEDERAL DIRECT LOAN PROGRAM (Subsidized)
To apply for a Federal Direct Loan, Institutional policy requires that a student must:
Instructions to apply for the Federal Direct Loan Program are available in the Financial Aid Office or the CRC Financial Aid webpage.
Accepting any federal student loan is accepting a responsibility. Defaulting on any federal student loans will result in disqualification from all financial aid, adverse credit and severe legal action. By accepting a Federal Direct Student Loan, the student accepts the responsibility to repay it.
Ability to Benefit: Applies to students who are admitted to college but do not have a high school diploma or the equivalent. To receive
Federal student aid, a student must pass a standardized placement test which measures the student's ability to complete the course of study.
Eligibilty for financial assistance is determined by:
Satisfactory Academic Progress Policy:
Congress and the Federal Department of Education want funds awarded only to students who are making satisfactory progress toward their educational objective. Therefore, the Financial Aid Office is required to monitor this progress and deny aid to any student who fails to meet satisfactory academic progress policies. Please check with the Financial Aid Office for specific details or the CRC Financial Aid website at:
Basis for Denial of Financial Aid:
Financial Aid may be denied for the following reasons:
Student may file a Financial Aid Appeal to reinstate financial aid if there are extenuating circumstances that caused the dismissal. A student may be placed on financial aid probation for one semester if the Financial Aid Appeal is approved. If the student fails to make satisfactory academic progress during the probationary semester, the student will no longer be eligible for aid within the academic year.
Selective Service Notice to Men: Federal and State laws require that men must be registered with the U.S. Selective Service System to be eligible for school Financial Aid (50 U.S.C. App. 451 et seq.)
The Financial Aid office maintains a list of local and national scholarships available to students. Scholarship information is available at the CRC website.