Financial Aid Overview                                        

 
 
 
 
 
 

The FAFSA (Free Application for Federal Student Aid):

This is the application to apply for all federal and state grant and/or loans. Starting with the 2017/18 FAFSA, all applications will be available to completed starting on October 1st for the next academic year. Submit your now at www.fafsa.gov. Our federal school code is 001289  
Note: ​​You must have an Admissions Application on file including your social security number. 
 
 

 

Estimated Processing ​Timeframes

Timeframes vary dependent​ on the number of files received​ ​
March 1 - April 30 ​2 to 3 weeks
​May 1 - June 30 ​2 to 4 weeks
​July 1 - October 30 ​4 to 6 weeks
November 1 - December 31 ​3 to 4 weeks
​January 1 - February 28 ​2 to 3​ weeks
 
 
 
 
Common Mistakes 
 
 
 
How to Correct The Information  
Listing marital status incorrectly      Enter the marital status as of the date you signed the FAFSA 
Student not included in number in college Always count yourself and others (except parents) attending college at least half-time and in a program leading to a degree/certificate
Have not registered with Selective Service Males must register with Selective Service. Requirements found at: www.sss.gov.
College(s) were not listed Review the schools listed on your summary page and make any appropriate changes
Forgetting to sign and date the FAFSA  Be sure you have create your FSA ID to electronically sign the FAFSA or print, sign, and mail a signature page to FAFSA

 

*This information courtesy of CASH FOR COLLEGE* 

General Financial Aid Information:

What happens after required forms are submitted to the FA Office?

We determine eligibility for grant funds when all requested forms have been received. Check MyShasta frequently; if follow-up is needed, a comment requesting further documentation will be placed in the "My Forms" screen and an email will be sent.

Proof of Graduation:

High School and Home School students must turn in a copy of your High School Diploma or final High School transcript with the graduation date posted. Students with a GED or High School Proficiency must submit a copy for the financial aid file. If these documents are not on file with Admissions and Records we will request a copy and this will delay processing.  
Note: Students that do not have one of the documents listed above will not be eligible for financial aid funding.  For questions regarding this requirement please feel free to email our office.

Selective Service Requirement

Almost all male US citizens who are 18 through 25 years of age are required to register with Selective Service.  Male students 18 or older must be registered as one of the requirements to qualify for federal financial aid. If you were designated female at birth, you do not need to register for Selective Service for more information visit: Sex Gender Change/Transgender.

 Financial Aid Deadlines:

Federal Policy:
All documents must be received as well as a valid FAFSA while the student is enrolled. Students selected for verification must submit all documentation within 120 days of the students last day of attendance to be processed for Pell grant funding.  After that date the student loses any eligibility of aid for that academic year.

Financial Aid Determination:

Once you receive an email stating you have been processed and eligibility has been determined. You may view your Financial Aid Award letter available through MyShasta account. The Award Letter will indicate what types of grant funding you are eligible to receive, such as Pell Grant (FPELL), Supplemental Educational Opportunity Grant (SEOG), Federal Work Study (FCWS), BOG Fee Waiver (BOGFW), Full Time Student Success Grant (FTSSG)  and Cal-Grant (A, B, or C). Read more on eligibility criteria for each grant at: Award/Disbursement Information.

Student Loans:

Borrowing loan funds for your education has additional requirements. For more information visit our Direct Federal Loans webpage.

Financial Aid Disbursement Process:

Disbursements are made through your BankMobile account. For more information on the BankMobile account visit: BankMobile Disbursements.
 
Adding or dropping units will affect your disbursements. For more information on disbursements visit: Disbursement Schedule.
 
Note: Money owed to Shasta College will be deducted before funds are uploaded to your BankMobile Disbursements account. 

Frequently Asked Questions

How do I qualify for federal financial aid? 
You must meet general eligibility criteria:  

  • You must have a valid Social Security Number.
  • You must be enrolled in a federally recognized program of study leading to a degree or certificate.
  • You must have a high school diploma, GED, high school proficiency or ATB
    Certification completed by an academic counselor.
  • You must be a U.S. Citizen, a permanent resident, or eligible non-citizen.
  • Male students over the age of 18 must be registered with Selective Service.
  • You must not be in default on a prior student loan or owe a repayment on federal grants.
  • You must be maintaining SAP (satisfactory academic progress) in your degree or certificate program.​

Why do I need to use last year’s income on my FAFSA?
Because actual income information from the previous year is more accurate and verifiable than estimating income for the current year and fairly measures a family's ability to pay for college the next year. Starting with the 2017/18 FAFSA income from two years prior will be required (ex: 2017/18 will require 2015 years income). If you have experienced an reduction of income or extenuating financial circumstances visit: Appeal Information.

Why am I considered a dependent even though I do not live with or receive financial support from my parents?
The federal criteria for being an independent student does not take into consideration where a student lives or whether or not they provide their own support. Refer to "Section 2 -Student Dependency Status" on the FAFSA.

​How should I fill out the FAFSA if I have not yet filed my Federal Tax Return?
If your tax return is not complete, estimate as accurately as possible the prior or prior prior year's income and taxes paid using your W-2s 1099’s or pay stubs. As soon as you have completed your federal tax return, log back into your FAFSA and make any necessary corrections. It is recommended that after completing your taxes to select the IRS Data Retrieval Tool (DRT) for efficient processing. It is important that you do not make any changes to your FAFSA once you have selected to use the DRT.  

I'm getting married next month. How do I answer the question that asks if I am married?
Answer according to your marital status the day you sign the FAFSA. Answer "Yes" if you are married on the day you sign the FAFSA; otherwise, answer "No". 

My parents are separated but they filed a joint tax return and claimed me as an exemption. Do I report both their incomes?
No, report only the income and assets of the parent whom you lived with most during the past 12 months.
Note: Be prepared to submit a Wage and Income Transcript for both parents to verify that the income on the FAFSA is reported correctly. 

If my parents are divorced, whose information do I need to report on the FAFSA?
Report the income and assets for the parent whom you have lived with the most during the past 12 months. It does not make a difference which parent claims you as a dependent for tax purposes.
If you did not live with either parent or lived equally with each parent, the parental information must be provided for the parent from whom you received the most financial support or the parent from whom you received the most support the last time support was given. 

What should I do if the parent with whom I live with is remarried?
If you are a dependent student and your parent is remarried, the stepparent’s information must be provided in order to be considered for federal student aid.

If I am separated or divorced, but filed a joint tax return, how do I fill out my FAFSA?
You will provide only your own portion of the income, exemptions, taxes paid, and assets on the FAFSA.
Note: Be prepared to submit your and your ex-spouse’s IRS Wage and Income Statement to verify that the income on the FAFSA is reported correctly. 

What if I live with a girlfriend or boyfriend who pays the rent?
Do not report any information for a friend or roommate unless the two of you are married or are considered to have a common-law marriage under your state law. You do, however,  report any cash given to you by the friend or roommate as untaxed income. 

I am now a US Citizen but have an Alien Registration Number (ARN). Which box do I check on the FAFSA?
Check the U.S. Citizen box only; if you have attained your U.S. Citizenship, do not give the ARN.

If I am an emancipated minor or in a legal guardianship, am I considered an independent student?
Yes and you may be required to provide documentation to the Financial Aid Office.  

What if I earned a Bachelors (BA) and returning to Shasta College?
Once you have completed a Bachelor's Degree, you are not eligible to received federal and/or state grants. You have limited eligibilityy for the following programs:

Why do you need my prior transcripts?
All prior official College /University and Final High School Transcripts with the graduation date should be on file with Admissions and Records when you apply for admittance.  If they are not on file with Admissions and Records we must have ALL transcripts from ALL colleges or universities you have attended to complete the evaluation of your financial aid file. 

Do I have to be full-time (12+ units) to receive financial aid?
Awards listed on your Award Letter are based on full-time enrollment; The FPELL grant program does not require full-time enrollment (12 or more units), however payments are based on the number of units you are enrolled in at the time we disburse funds. Some grants do require full time enrollment status. Read more at: Disbursement Schedule.

If I drop all my classes after I have received financial aid, do I have to pay the money back?
Possibly. You will be notified in writing by the Financial Aid Office of how much you owe. Read more at: Return To Title IV Consumer Information. Note: Failure to repay funding will prevent any future financial aid at all colleges. 

I plan to go to Shasta College in the Fall and transfer to a different college in the Spring. Will my financial aid transfer with me?
No, financial aid does not transfer. If you are transferring to another college, you must add the other school's federal code to your current FAFSA. Contact the new school's financial aid office to find out what steps you need to take to complete the financial aid process.

I'm enrolled at two colleges. Can I receive financial aid from two different schools at the same time? 
No, you cannot receive aid from more than one school during the same term. To have your units from another college count towards your enrollment status at Shasta College, for FA purposes, Visit our Consortium Agreement webpage, listed under the FORMS Menu tab for more information.

What is a consortium agreement?
In certain cases, the school you are receiving aid from may agree to fund units being taken at another school if the units at the other school are needed to complete your educational goal. This agreement between schools is called a Consortium Agreement. Visit our Consortium Agreement webpage, listed under the FORMS Menu tab, if you are taking at least six units at Shasta College and attending another college. If you are taking less than six units and units at another college, please contact the other school your are attending for their policy on consortium agreements.

Shasta College Prescribed Appeal Process:

  1. Contact the Director of Financial Aid and Veteran Services in one of the following ways:
    Via email: bmccall@shastacollege.edu
    Via phone: 530-242-7719
    In person: Shasta College Main Campus, Building 100, Room 108, 11555 Old Oregon Trail, Redding CA 96003
  2. If the Director of Financial Aid and Veteran Services is not able to resolve your issue you can submit an official complaint through our Dean of Enrollment Services. The complaint forms can be obtained by contacting the Dean of Enrollment office at 530-242-7656 or by visiting the Shasta College Main Campus, Building 100, Room 124, Redding CA 96003.
  3. If the college is not able to resolve your issue you may contact The California Community College Chancellor Office, 1102 Q Street #4 Sacramento CA  95822, 916 445.8752. The link to the CCCCO complaint process and form is http://californiacommunitycolleges.cccco.edu/ComplaintsForm.aspx  
OFFICE OF INSPECTOR GENERAL REFERRAL: 
It is important to provide accurate information in regards to financial aid. If the Financial Aid Office has reason to believe that a student or parent has purportedly misrepresented facts relevant to the student’s financial aid application, or has committed forgery or fraud, the student will be contacted to meet with the Financial Aid Director to determine if misrepresentation was intentional.  If it is determined that the student’s intent was forgery or fraud, the information will be forwarded to the office of Inspector General in writing by the Director of Financial Aid.