Types of Financial Aid Available
Financial aid available at Evergreen Valley College includes: Board of Governors Fee Waiver, Federal Pell Grant, Federal Supplemental Educational Opportunity Grant (FSEOG), Academic Competitiveness Grant (ACG), CalGrant, Federal Work-Study, and Federal Stafford Loans.
Each type of financial aid has different eligibility requirements.
Board of Governors Fee Waiver (BOGFW)
California residents who attend community colleges may be eligible to have their enrollment fees waived under the Board of Governors Fee Waiver program. There are three ways to qualify. Use the Board of Governor’s Fee Waiver application for Method A or B. Use the FAFSA for Method C.
Method A (requires verification documents): For families who are receiving TANF/CalWorks, SSI/SSP or General Assistance.
Method B |
2011-2012 Income Standards |
|
Family Size |
2010 Income |
|
1 |
$16,245 |
|
2 |
$21,855 |
|
3 |
$27,465 |
|
4 |
$33,075 |
|
5 |
$38,685 |
|
6 |
$44,295 |
|
7 |
$49,905 |
|
8 |
$55,515 |
|
Each additional family member |
$5,610 |
|
Method C
The Financial Aid Office will determine unmet need after a valid Expected Family Contribution (EFC) has been established after completing the FAFSA. A fee waiver is awarded to anyone with at least $1 of unmet need (Unmet Need = Cost of Attendance – EFC).
Special Classifications
The following special classifications are also eligible for fee waivers:
- Some dependents of veterans or the National Guard
- Recipient or the child of a recipient of the Congressional Medal of Honor
- A dependent of a victim of the September 11, 2001 terrorist attacks
- A dependent of a deceased law enforcement officer or fire suppression personnel killed in the line of duty
Federal Pell Grant
The Pell Grant program is the largest grant program in the country. It is the foundation for an award package. Pell Grants provide financial assistance to eligible part-time and full-time students, and are calculated based on a student’s enrollment status and Expected Family Contribution (EFC). Awards range from $659 to $5500 for the 2010-2011 academic year (amounts may change each year).
There is no minimum unit requirement for the Pell Grant program, so a student may be enrolled in as little as one-half unit. If a student applies late in the award year and qualifies for a Pell Grant, he/she may be paid retroactively.
Federal Supplemental Educational Opportunity Grant (FSEOG)
The Federal Supplemental Educational Opportunity Grant is a limited grant fund for Pell-eligible students with the lowest EFCs, who meet the priority filing deadlines and are enrolled at least half-time.
Academic Competitiveness Grant (ACG)
These grants are for full-time, Pell-eligible students who have completed a rigorous high school program of study, maintain a 3.0 grade-point average while in college and are U.S. Citizens.. First year students must have graduated from high school after January 1, 2006 and cannot have attended college before, and for second year students must have graduated from high school after January 1, 2005. The award amounts are $750 for freshmen and $1,300 for sophomores.
Federal Work Study (FWS)
Federal Work Study is a program that provides jobs for students who demonstrate financial need and are enrolled at least half-time. Eligible students are placed into work-study jobs, usually on campus. The Work Study program is very limited and only available to a handful of students.
Federal Subsidized Student Loans
Subsidized student loans are need-based loans designed to assist students with educational expenses while attending college at least half-time in an eligible program of study. Loan amounts are based on the unmet need after grants, scholarships, and resources are awarded. The interest is subsidized by the federal government as long as the student is enrolled at least half-time. The interest is also paid for the student during the six-month grace period. The grace period begins the day the student drops below half-time status.
Federal Unsubsidized Student Loans
Eligibility for subsidized student loans will be reviewed first. The unsubsidized student loan is not need based. The interest on this loan begins to accrue when it is funded. Students have the option of making interest-only payments or deferring the interest.
Cal Grant B
Cal Grant B provides a living allowance and tuition and fee assistance for low-income students. Awards for most first-year students are limited to an allowance for books and living expenses. For Cal Grant B, your coursework must be for at least one academic year.
There are two types of Cal Grant B awards: Entitlement and Competitive. There is also a Cal Grant B award for students transferring from a California Community College to a four-year college.
Cal Grant B Entitlement Award
- Students who meet all the Cal Grant eligibility requirements, and have at least a 2.0 GPA and apply by March 2 of the year they graduate from high school or the following year are guaranteed a Cal Grant B.
- The Cal Grant B Entitlement award provides up to $1,551 for books and living expenses for students in their first year of college.
- For the second and subsequent years, the award also provides for tuition and fees at the California State University and the University of California., as well as tuition support at participating independent colleges and universities and career colleges.
Cal Grant B Competitive Awards
- Students who are not eligible for a Cal Grant B Entitlement award may compete for a Cal Grant B Competitive award.
- Cal Grant Competitive awards are the same as a Cal Grant Entitlement awards, except that they are not guaranteed.
- Each year, 22,500 Cal Grant Completive awards are available. Of these, 11,250 are for students who do not qualify for a Cal Grant Entitlement award, but who otherwise meet the Cal Grant requirements and apply by March 2.
- The remaining 11,250 awards are set aside for eligible California Community College students who meet the September 2 deadline.
Cal Grant C
Cal Grant C awards assist with tuition and training costs for occupational, technical, and vocational programs. The award includes up to $576 for books, tools and equipment — and up to $2,592 more for tuition and fees if you’ll be attending a school other than a California Community College (community colleges don’t charge tuition and your fees will be waived as a Cal Grant recipient). Funding is available for up to two years, depending on the length of the program. To qualify, you must enroll in a occupational, technical, or vocational program that is at least four months long at a California Community College, an independent college, or a vocational/career school. Even though a GPA is not required to apply for a Cal Grant C, you are still encouraged to submit yours because it can only help your chances of receiving an award.
In order to determine an applicant’s eligibility for a Cal Grant C, additional information must be provided on the Cal Grant C Supplement form. Supplements are scored based on your work experience, educational history and vocational aptitude.
California Chafee Grant
If you are or were in foster care and have financial need, you may qualify for up to $5,000 a year for career and technical training or college. You don’t have to pay this money back. You may also be able to use your grant to help pay for child care, transportation and rent while you’re in school. You can use your Chafee Grant at any eligible California college or university or career or technical school, as well as schools in other states.