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SMC|Enrollment Development|Financial Aid and Scholarships|AWARD LETTER TEST 2 - 061809

AWARD LETTER TEST 2 - 061809

Understanding Your Award Letter Titlebar with Theatre Building


CONGRATULATIONS!

You have successfully completed the financial aid application process for the 2009-10 school year! Here you will
find answers to questions you may have about the financial aid process. Please note that you are required to
complete the "online" Financial Aid Orientation at: www.smc.edu/financialaid/orientation
  

Do I receive all the money on the award letter? 

For Grants
- the amount listed for the Pell, SEOG, ACG, and Cal Grants is based on full-time attendance. Students usually get 2 checks (for each grant) per semester. If you are enrolled at the following enrollment levels:

Full-time (12 or more units)......you will receive 100% of the grant.

3/4 time (9 to 11/5 units).........you will receive 75% of the grant.

1/2 time (6 to 8.5 units).......... you will receive 50% of the grant.

Note: If you are enrolled in less than 6 units, you will not qualify for an  SEOG Grant or Cal Grant. You may qualify for a "Less than 1/2 Time" Pell Grant.

For Work-Study - the award amount listed for Federal Work study or Cal Works is an allocation. You have
to work to earn the money.

Note: The Work-Study Allocation is based on the availability of funds.

What happens if I drop my classes after I receive my financial aid checks(s)?
If you receive your first payment based on an enrollment level of Full-time, 3/4 time, or 1/2 time and then DROP to "lessthan 1/2 time" BEFORE the FACD you will be considered to have been overpaid. You will need to repay the OVERPAYMENT in order to continue to receive financial aid.

What is the Financial Aid Census Date (FACD)?
The Financial Aid Census Date FACD is the day SMC will take a "snapshot" of your enrollment for the semester. This enrollment snapshot will determine your eligibility for the Pell Grant, SEOG Grant, ACG Grant, and CAL
Grant B & C.

What is the Return to Title VI Federal Law?
Federal Law states that if you completely withdraw from all of your classes before completing 60% of the semester, you may be required to pay back the "unearned" portion of the federal aid that you received.

If possible, before withdrawing, please see an SMC Financial Aid Counselor and discuss your academic or personal reasons for completely withdrawing from college. Perhaps you can stay in school, but take fewer courses. 

How do I get a Work-Study Job?
If you are awarded a Federal Work-Study (FWS) allocation you must do the following:

§   Go to the Student Employment website: http://www.smc.edu/studentemployment to find a job through SMC.

§   After you find a job that interests you, contact the supervisor for an interview. Print out the Student Employment Application/Contract and Payroll Forms from the SMC website.

§   Complete the "Student Section" and take it with you when you meet the potential supervisor of the job.

§   If you are hired, you will need to have the supervisor complete the rest of the application/contract. The supervisor will give you two payroll forms that you will need to complete.

§   Submit the completed application/ contract, the two payroll forms, and bring a copy of your signed Social Security Card and Drivers License to the Financial Aid Office. Students can begin working and using their Fall Semester allotment July 15, 2009-if they meet SMC’s enrollment requirements.

Note: Students enrolled in less than 6 units are NOT eligible to receive Federal Work-Study.
After employment begins, if a student changes their enrollment status to less than 6 units, the student must stop working immediately and the FWS employment will be terminated.

What about Loans?
In addition to the BOG Fee Waiver, federal and state grants, and work-study programs offered at SMC, the college also participates in the Federal Family Education Loan Program (FFELP), offering the Stafford Loans (subsidized and unsubsidized) and the Parent Loan for Undergraduate Students (PLUS).

If you are interested in a Federal Stafford (and/or a PLUS Loan) and you have received an AWARD NOTIFICATION or a "NO NEED LETTER" from the Financial Aid Office, you must contact the Financial Aid Office for a loan packet.

 

Picture of cartoon person taking mail out of a mailbox

 

RETURN OF TITLE IV
DATES FOR 2009-2010


Fall 09........Nov 8, 2009
Spring 10.......April 25, 2010

 

FACD
FINANCIAL AID CENSUS  
DATES FOR 2009-2010


Fall 09........Nov 2, 2009
Spring 10.......April 26, 2010

 

 


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