CougarWeb Login

给予援助

首页Financial Aid给予援助

Awarding Financial Aid

 

The process of awarding aid without exceeding the student’s Need 和 Cost of Attendance is traditionally called packaging. 

  • The general 规则 in packaging is that the student’s total financial aid 和 other Estimated Financial Assistance (EFA) must 不 exceed the student’s Cost of Attendance (COA).  
  • In addition, schools must ensure that any need-based funds packaged do 不 go over the student’s need as defined by the formula COA – EFC = Need.

Packaging Timeframes

Packaging financial aid awards for the upcoming award year generally begins in November/December for the next Fall term 和 is ongoing throughout the award year.

  • Financial aid awards packaged during this time are split equally between the Fall 和 Spring term. 
  • Packaging awards for the Spring semester generally begins in November for students who are 不 attending the Fall term. 
  • Packaging awards for Summer usually begins in March.

Priority Deadline

Applicants whose financial aid files are complete (all required documents submitted 和 processed) by the College’s priority deadline (January 15) will receive maximum consideration in the distribution of funding resources according to funding criteria. 

 

Eligible applicants completing a file 后 the priority deadline will be packaged with Federal Pell Grant (if eligible), Federal Work Study* (dependent on availability of funds 和 if student indicates interest) 和贷款. Due to limited funding, the College 不能 attempt to meet 100% of the financial need of students with grant money. 

Guidelines for 给予援助

Guidelines for awarding financial aid:

  • The Expected Family Contribution (EFC) is determined as a result of the Free Application for Federal Student Aid (FAFSA). 
  • Need-based aid is determined by the formula: Cost of Attendance minus Expected Family Contribution = Need.  (COA – EFC = Need) 
  • The Federal Pell Grant is the foundation (the first award if student is eligible) of the financial aid package.  请注意: Per federal regulations, students 不能 receive Pell Grant from 2 schools at the same time. 
  • Federal Supplemental Educational Opportunity Grant (FSEOG) is awarded according to federal guidelines. Federal Pell Grant recipients with the lowest Expected Family Contribution ($0) have first priority for FSEOG funding. 
  • Collin’s philosophy is to award one supplemental grant per student in order to award as many eligible students as possible.
  • Students can receive aid for a class they already passed one time only.
  • Students can only receive aid for developmental classes up to 30 semester hours. 任何 developmental coursework taken beyond 30 hours will have to be paid from the student’s own resources (i.e., out of their pocket). 
  • Generally speaking, students must be enrolled in 所有类 by the 人口普查日期* in order to receive grant funds for those classes. 这意味着 that if a student anticipates taking an express class, they must be enrolled in that class by the 人口普查日期 (12th class day of the long semester) or they will 不 receive grant funding for the class. Loans 和 work study are 不 affected by this 规则.
  • Award packages are created based on expected full-time enrollment. Adjustments will be made at the end of the add/drop period (人口普查日期**) for changes in enrollment status. These adjustments will affect assigned budgets 和 award amounts 和 may result in reduced or cancelled awards.

 

请注意: Due to the large applicant pool 和 limited funding allocations, 不 all students meeting the priority deadline are awarded funds from all programs.

 

*To read more about the 人口普查日期 和 how it affects your awards, 点击这里.