The first Federal Pell Grant payment of this semester was disbursed August 20th, totaling 1.6 million dollars to Yuba College students. The amount received by each student varies based on the number of units the students are enrolled in each semester.
Pell makeup payments will be issued September 17th, October 1st and October 15th. The second Pell payment is scheduled for November 17th. Pell Grants can be applied for anytime throughout the year, simply fill out the FAFSA application. In some cases, back payment is made to students who meet the eligibility requirements.
Pell can be used for classes, books, school supplies, gas, and other personal expenses. A recent law allows the Federal Department of Education to offer an additional Pell Grant that will go to eligible students in summer if they meet the strict qualifications for it.
Board of Governer’s Fee Waiver (BOG) is also easily applied for by filling out a FAFSA. BOG waives enrollment fees for eligible California residents, with an added bonus of reducing your parking permit fee’s from $40 to $20 per semester.
The Cal Grant is a one time per semester payment available to qualified residents of California who filed a FAFSA and GPA Verification form by March 2nd. Cal Grant payments are scheduled to be sent out November 17th but may come out as early as October.
Student loan applications will be accepted at the Financial Aid office until Oct 22nd. Direct loans are available to students who demonstrate financial need, provided the student is making Satisfactory Academic Progress. The Federal government pays the interest on subsidized loans while you are in college and for a six month grace period after graduating, leaving school, or enrolling for less than half-time.
Daleen Chapman, Financial Aid Analyst says, “We are here to help ANY student, no matter where, when, or how they started their education but we try to strongly discourage students from getting loans in a two year college, recommending they seek other forms of available funding.” For information on grants and loans or scholarships, visit the financial aid office in the administration building 100B, Log onto the web at yccd.edu or call (530)749-7999