How to Apply for Financial Aid
To be considered for federal financial aid at IVC, students must complete a Free Application for Federal Student Aid (FAFSA) and list Irvine Valley College's Title IV School Code on the application (025395). Students should complete the FAFSA beginning October 1st of each year. The FAFSA should be completed and submitted to the processing center as soon as possible after October 1st for the next academic year. To be considered for state financial aid, students who qualify for AB540 status may apply for the California Dream Act Application.
California College Promise Grant Fee Waiver
The California College Promise Grant (formerly known as the BOG Fee Waiver (BOGFW))for California residents eligible for the California College Promise Grant it is recommended that you complete the Free Application for Federal Student Aid (FAFSA) application, or the California Dream Act Application (for AB540 students only) in order to receive maximum financial aid eligibility. Students can also complete the online CCPG application at OpenCCC. Beginning Fall 2016, CCPG recipients must have a 2.0 GPA and complete more than 50% of their coursework in order to retain eligibility to receive the grant. Students failing to meet academic progress standards, may be able to file an appeal with the Admissions and Records Office. For more information please visit the Admissions & Records website.
The Cal Grant application requires either the FAFSA (or CA Dream Act Application) and the GPA verification form. The form which can be downloaded from the California Student Aid Commission (CSAC) website (www.csac.ca.gov). Please note that Irvine Valley College transmits GPA information to CSAC each February for current or former students. If you have completed:
- 0-15 transferable units at IVC; you must submit your High School GPA
- 16 transferable units at IVC; your College GPA will automatically be sent. you do not have to complete a GPA Verification Form.
- 16-23 transferable units; you have the option to use your High School GPA or College GPA (whichever is higher).
- 24 or more transferable units you must submit your college GPA.
The application deadline for the Cal Grant is March 2nd of every year, to be awarded for the upcoming year. There is an additional deadline date of September 2nd for community college students. For additional information on Cal Grants, visit CSAC's website (http://csac.ca.gov/).
Irvine Valley College Foundation Scholarships
The IVC Foundation Scholarship Application will be available in November and closes on March 2. Scholarships will be awarded to students the following school year. For more information please go to the IVC Foundation Scholarship.
What to Expect After you File Your FAFSA
After IVC has received your information electronically from the Federal Processor, the Financial Aid Office will contact you to let you know if there are additional forms you may need to submit, such as copies of IRS Tax Return Transcripts, verification of family size, number of family members in college, untaxed income and other information you reported on your FAFSA. After all forms and documents are reviewed and processed, you should receive an estimated Financial Aid Award Notification email indicating what financial aid you are eligible to receive at Irvine Valley College.
Verification and the IRS Data Retrieval Tool
The Dept. of Education selects students for a process called verification. As part of this process financial aid offices are required to collect IRS tax return transcripts from both students and their families. In order to expedite the process of your application, it is recommended that students and their families use the IRS Data Retrieval Tool so that tax return transcripts do not need to be submitted as these could take several weeks to receive from the IRS.
If a Tax Return Transcript must be submitted it must be ordered from the IRS. There are three options available for students to obtain a tax return transcript:
- Online: Go to www.irs.gov
- Under Tools, select: "Get Your Tax Record"
- Select "Get Transcript Online" or "Get Transcript by Mail"
- Follow instructions on page
- Under "Type of Transcript", be sure to order a "Return Transcript" for the required Tax Year
- By Phone: Call 1-800-908-9946
- By Paper: IRS Form 4506T-EZ may be downloaded at: http://www.irs.gov/pub/irs-pdf/f4506tez.pdf
- In person: Click here to find your local IRS office
Students should complete their FAFSA and other related materials as soon as possible each year, but no later than March 2nd to ensure that they are awarded in a timely manner and receive any subsequent refunds.