Financial Aid Programs | Financial Aid Office
Financial Aid

Financial Aid Programs

 

What Types Of Federal Financial Aid Are Available?

There are three types of federal financial aid programs available at Irvine Valley College: grants, work-study, and Direct Loan. A grant (Pell or FSEOG) is money that does not need to be paid back. Federal Work-Study consists of a part-time job on or off-campus that provides income to help students pay for educational expenses. Federal Direct Loan is money that has to be paid back.

What Is A CCPG Fee Waiver?

A "CCPG Fee Waiver" or the California College Promise Grant is an enrollment fee waiver program provided by the state of California to California residents attending a California community college. This state fee waiver was designed to provide educational assistance for eligible students by waiving the enrollment fees. Students can apply by completing the online California College Promise Grant application and/or the Free Application For Federal Student Aid (FAFSA). Students (or the California Dream Act Application (for AB540 students)) may qualify for the CCPG Fee Waiver based on receipt of certain forms of public assistance, by meeting specific income standards or by completing the FAFSA / California Dream Act Application and having "financial need". This is the most accessible form of all financial aid programs offered at Irvine Valley College.

Do I Have To Pay A Student Loan Back?

Yes. Payments for student loans begin once a student leaves school for six months (or falls below half-time enrollment for six months).

Are There Any Scholarship Opportunities?

There are scholarship opportunities offered through IVC Foundation Office in addition to other external scholarship opportunities found here: https://financialaid.ivc.edu/scholarship/external-scholarship-opportunities

IVC Foundation Scholarships application period opens in November and closes the first week of February each academic year. Make sure that your College of Record is IVC and that you have an IVC email address. All students must have a FAFSA or California Dream Act Application (for AB540 students only) submitted for that academic year while international students won’t need to submit either.

How Can I Apply For Federal Work-Study?

To be considered for the Federal Work-Study (FWS) program, follow these steps:

  1. submit a FAFSA application as early as possible due to limited funding,
  2. mark “Yes” to the “Interested in Work-Study” question on the FAFSA,
  3. complete your financial aid file,
  4. enroll in at least 6 units and meet academic progress requirements, and
  5. visit the Financial Aid Office to be added to the wait list.

Read our IVC Federal Work-Study program page for further details.

How Many Hours Do I Have Left From My Federal Work-Study?

The number of hours that you can work is limited by 1) the amount of your Federal Work-Study award for the academic year and 2) the pay rate. To find out how many hours remain, take the number of hours you have worked since July 1 of the academic year and subtract from the number of hours you can work based on your FWS award and the pay rate.

If your FWS award is $2,000 for the academic year and the pay rate is $13.5 per hour, then you can only work 148 hours. Check with your work supervisor or District Human Resource at 949-582-4850 if you wish to find out how many hours you have worked so far to perform your calculation.

[Hours can work = award $ ÷ pay rate)] – Hours have worked so far = Hours remaining

Can I Increase My Federal Work-Study Hours?

No, you cannot exceed your FWS award as your FWS hours are limited by the amount of your FWS award which is limited by program funding. If you exhausted your FWS hours and have already earned the maximum of your FWS award, you will need to stop working.

Why Should I Submit A FAFSA Instead Of The California College Promise Grant Application To Be Considered For The Fee Waiver?

It is recommended that those California residents eligible for the California College Promise Grant (CCPG) also complete the Free Application for Federal Student Aid (FAFSA), or the California Dream Act Application (for AB540 students only), in order to receive maximum financial aid eligibility.

The CCPG application considers students for only 2 types of fee waiver – either based on 1) the student receiving government assistance or 2) meeting specific income requirement. Most importantly, the CCPG application only determines students for the CCPG fee waiver whereas the FAFSA or the California Dream Act Application will determine students for a third type of CCPG fee waiver if the other 2 types doesn’t work and consider the students for any other financial aid grants that the student may be eligible, grants which the students won’t have to pay back.

Is It Too Late To Apply For Cal Grant?

The deadline to apply for Cal Grant is March 2 of each year.

If you missed the March 2 filing deadline, you may still qualify by meeting the September 2 deadline for community college students only; students are not guaranteed the Cal Grant award even if they meet all of the eligibility criteria as there are only a limited number of Cal Grant awards if students missed the March 2 deadline. Therefore, submit the FAFSA or California Dream Act Application and your GPA Verification as early as possible to be considered!

Is It Too Late To Submit The GPA Verification To The California Student Aid Commission (CSAC) To Be Considered For The Cal Grant Award?

The deadline to submit your GPA verification is March 2 of each year.

If you have completed at least 16 units at IVC by mid-February of each academic year, IVC automatically sends your GPA to CSAC so you wouldn’t need to submit a paper GPA Verification. If that doesn’t apply to you, bring the GPA Verification form to your high school to complete if you’re an incoming freshman.

If you have not completed at least 16 units at IVC by mid-February and therefore missed the March 2 filing deadline, you may still qualify by meeting the September 2 deadline for community college students only; students are not guaranteed the Cal Grant award even if they meet all of the eligibility criteria as there are only a limited number of Cal Grant awards if students missed the March 2 deadline.