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.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.
