Sources of financial Aid  

 

1. Pell Grants,(Free Money!) Including additional State and Federal Grants (Free Money!)

    a. This money does not have to be paid back if you maintain Satisfactory Academic Progress

    b. You apply for the Pell grant when you apply for FAFSA

    c. SEOG and CSG grants, you apply for these when you apply for the FAFSA.

    d. SEOG and CSG grant awards are based on: School funding, when you apply for FAFA and your need level.  
 
2. Scholarships (Free Money!)

    a. Check the school’s website for available scholarships at the school you attend 

    b. Attend a one-on-one appointment with an EOC Advisor to learn how to apply / search for scholarships

    c. Good website for scholarship information: ccd.edu\scholarship – Then click scholarship info link 
 
3. Work Study (You work for your financial aid and do not have to pay it back)

   a. Funding from Federal financial aid that does not have to be paid back but must be earned via work on campus

   b. There is need and non-need based work study.

   c.  Talk to your school’s financial aid office for more info   
 
4. Institutional based grants (Free money!)

   a. Check the school’s website for available institutional grants; however, not all schools offer this.

   b. There are often day care and book store scholarships via the student life office! 
 
5. Loans (Least preferable method of payment for tuition or living expenses – you must pay back)

   a. Subsidized Direct Loan: You will not have to pay interest while in School, 3.8 % interest (variable)

   b. Unsubsidized Direct Loan: Your loan will start gathering interest from day one, 3.8% interest.(variable)

   c. You will not have to repay your either loans until you either complete your program or drop below 6 credit hours a

       semester. Repayment based on 10 year schedule, alternative payment plans offered.  d. Subsidized loan offer

       amount is based on student need level (EFC) 

​

6. Tax Credits

    a.American Oppotunity Tax Credit (AOTC) is a tax credit of up to $2,500 of the cost of tuition, fees and course

       materials paid during the tax year. Also, 40 percent of the credit for which you qualify that is more than the tax you

       owe, up to $1,000 is refundable. This means you can get the credit even if you owe no tax.

​

​

​

​

​

​

​

​