Financial Aid Student Guide

This student guide is designed to help you understand what financial aid may be available to you and what you can do so that you may receive that financial aid. If this information does not answer your questions, our staff is available to assist you. Please call us at (619) 660-4201 or visit the Financial Aid Office in the One-Stop Student Services Center (Building A300) near the corner of Fury Lane and Rancho San Diego Parkway.

 


Withdrawals and Repayment of Financial Aid funds

If you receive federal financial aid and

 

withdraw from all of your classes during the first 60% of a term, you may be required to repay a portion of the federal grants that you have received but not earned. Financial aid is said to be “earned” each day that you are enrolled in the semester.

If you stay in classes past the 60%  of  the term you may not owe anything back to the federal government. For the fall 2019 semester, students must be enrolled and attend classes until

 

10/30/2019

 

to be considered eligible for all the financial aid received. If all classes are dropped before

 

10/30/2019

 

you may be billed for a portion of the Pell Grant, FSEOG or Direct Loan received in the fall. For the spring 2020 semester, you must be enrolled and attend classes until

 

04/15/2020

 

to be eligible for all the financial aid received. If all classes are dropped before

 

04/115/2020

 

you may be billed for a portion of the Pell Grant, FSEOG or Direct Loan received in the spring.

 

Please Note:

 

If you fail all classes in a term, you will have only earned 50% of the Pell, SEOG or Direct Loan received and may be billed for the amount not earned. This rule applies even if you were enrolled in classes for the whole term.

 

If required to

 

repay funds

 

to the federal government, you may be billed and will have

 

45 days

 

to repay the funds

 

in full.  You

 

may not

 

be eligible for any further financial aid at

 

any college

 

in the United States until the funds have been

 

repaid in full.

 

– Overpayments

You can be considered to have received an overpayment of federal funds if, for example

  • Payments are made to you and you already have a Bachelor’s degree (or the equivalent from another country) – for Federal Grants only.
  • Payments are made to you based on incorrect information on your financial aid or admissions application.
  • Payments are made to you after you are no longer enrolled in the required number of units.
  • Payments are made to you, but you drop all of your classes.
  • Payments are made to you while you are in default on a student loan or you owe a refund on a federal grant.
  • Payments are made to you when you receive financial aid from Cuyamaca College and from another institution.

If you have an overpayment or are repaying an overpayment, you will not be eligible for any federal aid at any school until the amount you owe is repaid.

 

 

 

Related Resources

Financial Aid Workshops

Exit Counseling PDF

Annual Security Report

Apply and Enroll