The Financial Aid Office processes financial aid disbursements on a regular basis. You can download the current disbursement schedule and information at the following link.
Evergreen Valley College delivers your refund with BankMobile Disbursements, a technology solution, powered by BMTX, Inc.
Visit this link for more information: https://bankmobiledisbursements.com/refundchoices/
To view our third-party servicer contract for refund management, click here.
Key Definitions of Awards
All awards listed in the award letter are based on full-time enrollment (12 or more units). If you are enrolled in less than 12 units, your awards will be adjusted.
Example: if your Federal Pell Grant indicates $6345 for the award year, and you are enrolled in only 9 units (3/4 status), you will actually receive $4760 for the year (one year is Fall and/or Spring semesters).
During the Fall and/or Spring semester, if you change your enrollment status before the census date (see Academic Calendar for the date) , your award will be adjusted accordingly.
Late starting classes are not counted as part of enrollment status until they start. In order to receive financial aid for late starting classes, you must be registered for these classes before the census date (see Academic Calendar for the date) for the Fall semester.
Full Time = 12+ units; ¾ Time = 9 to 11.5 units; ½ Time = 6 to 8.5 units; less than ½ Time
Key Definitions of Awards
This amount is the estimated Cost of Attendance (COA) for EVC. See a breakdown of all budget items here .
|EFC||Expected Family Contribution - This is the calculated amount a student (or family) is expected to contribute towards the cost of attending EVC. Your EFC is calculated by Federal Student Aid based on the information you provided on your FAFSA.|
|Need||This amount is the difference between the Budget and your EFC.|
|Total Award||This the total amount of financial aid awards given to a student for the whole school year based on full-time enrollment.|
|Unmet Need||This amount is the difference between the COA and your EFC, resources and financial aid awards. Most colleges are unable to meet all of the student's need. Therefore many students choose to work part-time outside of school to cover any expenses not met by financial aid.|
For details for each type of financial aid please see Types of Aid Available here.
|FPELL||Federal Pell Grant|
|FSEOG||Federal Supplemental Educational Opportunity Grant|
|EOPS||Extended Opportunity Program and Services|
|CARE||Cooperative Agencies Resources for Education|
|Cal Grant B or C||Cal Grant Award|
|SSCG||Student Success Completion Grant|
|CPEG||California Promise Enrollment Grant|
|CPRG||California Promise Retention Grant|
|CPBS||California Promise Books & Supplies Grant|
|CPRP||California Promise Emergency Grant|
|CARG||Federal CARES Act Emergency Grant|
|MISC||Federal CARES Act Emergency Grant|
|MISB||Federal CARES Act Emergency Grant - Basic Needs|
|CRSA||Federal CARES Act II Emergency Grant|
|ESEG||Federal SEOG Emergency Grant|
|CARP||Covid Emergency Grant|
|Federal Work Study||Federal funds earned by students with financial need. Students need to attend an orientation and complete additional documents before being placed on a job.|
|Subsidized Direct Loan||Loan funds that must be repaid. Award based on request, eligibility, and need.|
|Unsubsidized Direct Loan||Loan funds that must be repaid. Award based on request and eligibility .|
|Scholarships||Scholarship funds are identified as either: 2SCHO, 2SCBO or 2SCHI, depending on the source.|
|Resources||Resources include the estimated amount of your College Promise Grant, books and supplies/meal vouchers, etc. Amounts listed as Resources are credited to your account. They are not treated like financial aid disbursements.|