WHAT'S NEW IN FINANCIAL AID FOR 2019-2020? | Financial Aid Office
Financial Aid

WHAT'S NEW IN FINANCIAL AID FOR 2019-2020?

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.

Cal Grant

Students with dependents under 18 can receive Cal Grant B awards up to $6,000 (vs. $1,672 in 2018-2019).

Program of Study

Students are required to be in an eligible program to receive federal and state financial aid. A counselor approved MAP with a Local Program of Study at IVC is required for all students who have completed 15 or more units of coursework. Students who have earned less than 15 units of coursework can use their Major/Uniformed Program of Study to qualify for financial aid. Students without approved MAP’s (15 or more units) or with Majors that are blank, undecided or undeclared, will need to update their academic information before receiving financial aid.

Appeals

Beginning with the 2019-2020 school year, all appeals (satisfactory academic progress, income reductions and dependency overrides) will need to be submitted through the Student Forms website.

Connecting with the Financial Aid Office

The Financial Aid Office has just launched Cranium Café in addition to email and phone to help students contact staff during business hours.  Students can contact the department using this technology to video chat, send messages, and schedule an appointment. This is the same technology that students are encouraged to use when contacting the Counseling Center and Admissions and Records.

My Financial Aid Portal

Students can now access the My Financial Aid Portal using their same login credentials as MySite to view important information on their financial aid status. For more information, read the FAQ related to Account Access.

EW Grades and SAP

Students requesting an EW grade due to COVID-19 will not have their financial aid academic progress adversely affected.  This includes students on Warning, Probation or Monitor status.

EW Grades and R2T4

Students who withdraw from all of their Spring 2020 classes due to COVID-19 between 3/13/20 and 6/8/20, and were required to return federal funds, will no longer owe the school or federal government.  Grades must be listed as EW due to COVID-19.

Emergency Grants (HEERF Grant)

The Financial Aid Office has already disbursed almost 1.5 million dollars in federal emergency grants to approximately 3,000 students enrolled for the Spring 2020 semester.  More information will be emailed to students with instructions on how to apply for the emergency grants for Summer or Fall. Until then, more info is located on the Emergency Grants or Emergency Fund and HEERF FAQ pages.