MORENO VALLEY - PDF document

MORENO VALLEY COLLEGE 201 4 – 201 5 GRANT DISBURSEMENT SCHEDULE You have submitted the requested documentation on: 1. M any factors determine your financial aid eligibility. FINANCIAL AID AWARD or DISBURSEMENT DATE! 2. All disbursement dates are contingent upon funding and subject to change. Grant disbursements are based on your enrollment status and units will be checked approximately 2 weeks before each disbursement date. 3. To receive your full disbursement amount yo u must be in attendance and your class must have already started. Payment disbursement of the semester. If you have applied for a D irect Loan, you will be notified separately of your loan disbursement dates. 4 . If your Financial Aid staff has any questions or concerns regarding your paperwork, you will be notified via Web - Advisor under required documents as well as your student ema il or by phone. 5 . Once we have received all initial and/or additional documentation requested, your Financial Aid staff will review your paperwork and the reported information on your FAFSA to ensure accuracy. 6 . It is imp ortant to continue to check Web Advisor and student email to see if any additional/supporti ng documentation is required. 7 . Your vised Financial Aid Award email notificatio n via your student email account. 8 . You will receive your disbursement according to the processing deadline you me e t. Please refer to the reverse for disbursement dates. DEAD LINE DATES ARE SUBJECT TO CHAN G E WITHOUT WARNING. 9 . You will only be paid for class es you are actively attending. funds received. If you receive payment for a class and drop, you may be required to rep ay a portion or the entire grant/ loan you received. 10 . Cal Grant and Direct Loan Recipients must be enrolled at least half time (6 units) and must have an active academic program (major) other than undecided. See Admissions and Re cords if updates are necessary. IMPORTANT INFORMATION FOR STUDENTS UTILIZING FEDERAL RCCD is excited to announce a new method for receiving your financial aid funds. Starting in July 2014, Higher One will begin mailing bright lime green envelopes which will include a pre - printed Higher One card with the Master Card logo al ong with step by step instructions on how to sign up for your new disbursement method. Higher One o ffers students several options: 1. Higher One Card 2. Direct deposit into your bank account 3. Check Students will need to use the account number on the Higher One card to select their preferred choice of activating the Higher One card, selecting the direct deposit option or requesting a check. It is also important that your mailing address is curre nt to avoid a delay in receiving your Financial Aid funds MORENO VALLEY COLLEGE 2014 - 2015 GRANT DISBURSEMENT SCHEDULE *All required document(s) must be submitted to the SFS Office by this date. **Final adjustment s done for changes in enrollment 2014 Fall Semester Disbursement dates indicate when financial aid is released. Student Deadline* E - mail Eligibility Notification sent 1st Disbursement 2nd Disbursement 7/17/2014 Mid - August 50% of fall grants on 8/ 28/14 50% of fall grants on 11 /13/14 ** 8/14/2014 Mid - September 50% of fall grants on 10 /8/14 50% of fall grants on 11/ 13 / 14 ** 9/25/2014 Mid October 100% of fall grants on 11/13/14 N/A 10/23/2014 End of November 100% of fall grants on 12/ 10/14 N/A 12/4/2014 Early January 100% of fall grants on 01/ 22/15 N/A 201 5 Spring Semester Student Deadline * E - mail Eligibility Notification Sent 1 st Disbursement 2 nd Disbursement 1/8/2015 ( including all above deadlines ) End of January ( new applicants only) 50% of spring grants on 2/1 9 /1 5 100% Fall Retro 50% of spring grants on 5/ 1 3 /1 5 ** 2/5/2015 Early March 50% of spring grants on 3/2 5 /1 5 100% Fall Retro 50% of spring grants on 5/ 1 3 /1 5 ** 3/19/2015 Mid April 100% of spring grants on 5/ 1 3 /1 5 100% Fall Retro N/A 4/23/2015 Mid May 100% of spring grants on 6/ 11 /1 5 100% Fall Retro N/A 6/11/2015 End of June 100% of spring grants on 7/1 6 /1 5 100% Fall Retro N/A Grant Disbursement T able Enrollment Status Units Enrolled In Percentage of Grant Disbursement Full Time 12 or more units 100% Three Quarter time 9.0 – 11.5 units 75% Half Time 6.0 - 8.5 units 50% Less than ½ time 5.5 or less units Pell to be determined if eligible ( Not eligible for loans or Cal Grant) All applications for financial assistance programs (i.e., student loans, work compensation, grants, scholarship, special fund s, subsidies, prizes, etc.), will be considered by the Riverside Community College District without regard to ethnic group identification, national origin, religion, age, gender, gender identity, gender expression, race, color, ancestry, genetic information, sexual orientation, physical or mental disability, or any characteristic listed o r defined in Se ction 11135 of the Government Code or any characteristic that is contained in the prohibition of hate crimes set forth in sub division (1) of Section 422.6 of the California Penal Code, or any other status protected by law. Alternate formats for this materi al are available to individuals requiring disability accommodation. Please contact the office of Diversity, Equity and Compliance at (951) 222 - 8039. Todas las solicitudes para programas de asistencia financiera (por ejemplo, préstamos estudiantiles, compe nsación de trabajo, subvenciones, becas, fondos especiales, subvenciones, premios, etc.), serán considerados por el Distrito de Riverside Community College independientemente de identificación étnica, origen nacional, religión, edad, género, identidad de g énero, expresión de género, raza, color, ascendencia, información genética, orientación sexual, discapacidad física o mental, o cualquier característica listados o definidos en la Sección 11135 del Cód igo de Gobierno o cualquier característica que se encue ntra en la prohibición de los crímenes de odio establecidos en la subdivisión (1) de la Sección 422.6 del Código Penal de California, o cualquier otra condición protegida p or la ley. Formatos alternos para este material están disponibles para personas que requieran alojamiento de discapacidad. Por favor comuniquese con la oficina de Diversidad, Equidad y Respeto al (951) 222 - 8039.