What's New in Financial Aid for 2018-2019?
Each year changes are made to federal, state and institutional financial aid. These changes impact both students and institutions. In order to help you prepare for these coming changes, the Financial Aid Office is providing you with the following updates.
Year Round Pell Grant — Year round Pell Grant funding has returned. Students can now receive more than 100% of their annual Pell Grant award in an academic year. For instance, a full-time student enrolled for both the Fall 2017 and Spring 2018 semesters receives 50% of their award for each term. When Summer 2018 begins, the same student who is enrolled full-time, can receive another award of 50% (150% total). The Year Round Pell Grant Program allows students to complete their programs faster by enrolling in Summer, winter or mini-sessions by receiving additional funding for educational costs. The same lifetime limits apply of 600%.
BOG Fee Waiver Name Change — Beginning Fall 2018, the Board of Governor’s Fee Waiver (BOG) is being renamed to the California College Promise Grant (CCPG). Eligibility is determined exactly the same as before with students completing the FAFSA application, California Dream Act Application (for AB540 students) or the CCPG application (online or paper).
Student Success Completion Grant — The California Community College Chancellor’s Office and State of California are replacing both the Full-time Student Success Grant (FTSSG) and Community College Completion Grant (CCCG) with the Student Success Completion Grant (SSCG). Students still must be enrolled full-time and be a recipient of either a Cal Grant B or C, however, the amounts vary depending upon the # of units a students is taking. Students enrolled in 12-14.99 units per term, will receive a grant totaling $1,298, whereas students enrolled in 15 or more units each term would receive $4,000 per year. The reason for the change is that the State is wanting students to complete college faster which is why students enrolled in more units which count towards their local program of study are rewarded with a larger grant amount.
Campus Logic — The Financial Aid Office implemented a new online system to help students and their families complete the financial aid process easier and receive their money faster. With Campus Logic (CL), students can complete documents online and sign electronically and upload supporting documentation. Students will first need to create an account online at https://ivc.verifymyfafsa.com to complete their financial aid file. If you need assistance with completing your financial aid file please contact the Financial Aid Office.