How Do I Get Financial Aid?
If you qualify as AB540, you may complete the Dream Application in order to apply for State aid. Go to www.csac.ca.gov to complete your application today!
If you want to begin exploring your financial aid options and get an early start on the financial aid process, FAFSA4caster is for you! By using FAFSA4caster, you and your family will receive an early estimate of eligibility for federal student aid. This Web site provides you with an opportunity to increase your knowledge of the financial aid process; become familiar with the various types of federal student aid that are available; and investigate other sources of aid, such as grants and scholarships.
When you're ready to apply for aid, you can easily transition from FAFSA4caster to FAFSA on the Web. Much of the information that you enter in the FAFSA4caster will populate your FAFSA on the Web application, making the experience of applying for federal student aid a lot easier. So help make your future forecast a bright one by planning now for college.
Step 1: Complete a FAFSA
Submitting the Free Application for Federal Student Aid (FAFSA) allows you to be considered for federal and state grants, federal and state work study programs, and federal student loans. If you filed a FAFSA last year you will be able to save time by starting a pre-fill FAFSA. You must know your Federal PIN to file a pre-fill FAFSA. The FAFSA asks for financial information found mostly on tax returns. If a parent and/or student has not filed a tax return yet, a student can use estimates from December paystubs and other end-of-year records. The numbers can be corrected later, if necessary. There are paper and electronic versions of the FAFSA, you can file electronically at www.fafsa.gov . Be sure to add our school code (008597) to your FAFSA, this will allow us to view your application.
Request a Federal PIN
You can save time by using a Federal PIN to "sign" your FAFSA electronically. Parents can also apply for a PIN. If you provide an e-mail address you will receive your PIN via e-mail. If not, you will receive your PIN through postal mail. If you have misplaced your PIN, you can visit www.pin.ed.gov and request a duplicate PIN. Make sure to verify your e-mail and mailing address at the same time and update the information if it has changed. You do not need to have a Federal PIN to file a FAFSA. You can also sign by printing a signature page and mailing it. You can apply for a PIN when you come to the end of completing your FAFSA by clicking on the 'Apply for a PIN' link on the signature page of your FAFSA.
Step 2: Review your Student Aid Report (SAR) and make any necessary changes.
After you have completed your FAFSA application, a Student Aid Report (SAR) will be emailed to you within 72 hours if you have provided an email address. If you have not provided an email address your SAR will be mailed to you within 2 weeks. The SAR will contain all the information you submitted on your FAFSA. Once you receive your SAR be sure to review all of the information for accuracy right away, and make any necessary corrections.
Step 3: Email confirmation FAFSA received by Financial Aid office
Once the Financial Aid Office receives the electronically processed financial aid application from the federal processing center, it will be evaluated. The Financial Aid Office will send an email out notifying the student if their FAFSA was successfully received and will indicate what the next steps that need to be taken are in order to complete the financial aid file.
Step 4: Complete Unsatisfied Requirements listed on MyFRC
Students will need to login to MyFRC and check the Award Status screen which will tell students if there are unsatisfied requirements that need to be completed. There will be forms that need to be printed out and submitted to the office, online authorizations to complete, and if the student has been selected for verification there may be additional documentation that is requested. This documentation may include tax return transcripts which can be requested by visiting www.irs.gov. For a complete list of requirements the student can check his or her financial aid status on MyFRC, and the forms can be printed off of the FRC Financial Aid website on the forms page. Students failing to provide the requested documentation WILL NOT be eligible to receive federal assistance.
Step 5: Continue to check the status of your financial aid file on MyFRC
Once you have submitted all of the required paperwork and completed all of the requirements listed on MyFRC, wait about 1 week before checking the status of your file. This will give us time to log in your paperwork. If there is any additional information that is being requested or if there is a change to your award, our office will contact the student via email.
Continuing To Receive Aid
Students receiving aid will be required to make satisfactory academic progress. Federal regulations require that all students receiving Title IV aid and some state aid must meet or exceed the Satisfactory Academic Progress Policy standards established at this institution. Please Note: The policy has been posted on our website and is available in the Financial Aid Office.
Student Loans are optional, those interested in taking student loans will need to request a Student Loan packet from our office. Those students who are first-year as well as a first time borrower at Feather River College must complete both an Entrance Counseling and sign the Master Promissory Note.
How much can I borrow?
FRC is a two-year institution, therefore, students are only eligible to apply for a first-year (less than 30 units completed) or a second-year (30 units or more completed) student loan.
|Base Amount Subsidized||Unsubsidized||Unsubsidized|
|(All Students)||Dependent* Students||Independent* Students|
|Dependent Students whose parents cannot borrow PLUS|
*As defined by the Department of Education for financial aid purposes.