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Federal Pell Grant
The Federal Pell Grant program is for undergraduate students who have not yet completed a first baccalaureate or professional degree. Awards are based on your Expected Family Contribution (EFC) and enrollment status. Grants range from $400 to $5,350 per academic year (based upon 2009-2010 information).
Unlike other federal financial aid programs, the receipt of a Pell Grant does not depend upon the availability of funds at a particular school. Also, if a student applies, demonstrates financial need and meets all eligibility criteria, he or she can be eligible to receive a Pell Grant at any eligible school. Students, though, are limited to receiving Pell Grant from only one school at a time, even if they are attending two schools during the same period of enrollment.
Pell Grants are designed to help the neediest students. A student who is not eligible for a Pell Grant may be eligible for other financial aid. The total amount of aid a student receives, including a Pell Grant, cannot exceed the student's cost of attendance. As with all other federal aid programs, student must reapply for a Federal Pell Grant every academic year by completing the Free Application for Federal Student Aid (FAFSA).
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Academic Competitiveness Grant (ACG)
ACG is a federal grant given to students who meet the following criteria (updated for 2009-2010):
- Federal Pell Grant eligible,
- 1st and 2nd year undergraduate, and
- completed a rigorous secondary school program of study.
First-year undergraduate students may be eligible for up to $750 per academic year. Second-year undergraduate students may be eligible for up to $1,300. Eligibility and award amounts may be pro-rated based upon enrollment status.
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Federal Supplemental Educational Opportunity Grant (SEOG)
The SEOG program is a campus-based federal financial aid program. This means that each college participating in the program receives a set amount of money to distribute to students. The regulations governing SEOG require that funds be awarded first to the "neediest" financial aid students or those with the lowest income. In addition, priority is given to Federal Pell Grant recipients. Because the amount of funding in SEOG is limited, awards will be given first to those applicants who have completed their financial aid files by the priority deadline of May 1st. The annual award at Los Angeles Mission College is $400 per student.
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Federal Work Study (FWS)
The FWS program is a federal program which enables students the opportunity to earn part or all of their financial need by working on or off campus while attending school to help pay for college costs. This type of part-time work can add to a student's educational experience and can be a valuable asset when seeking employment after college graduation. The FWS award reflects the amount of money that a student is eligible to earn as wages. The placement in a job depends upon skills, availability of jobs and the hours available for work. Because program funding is limited, awards will be given first to those applicants who have completed their financial aid files by the priority deadline of May 1st and who have indicated an interest in FWS on the FAFSA.
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Federal Perkins Loan
The Federal Perkins Loan program is a low interest (5%) loan designed to help students with exceptional need. Since program funding is limited, priority is given to students with a zero EFC and with an earlier priority date.
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Federal Stafford Program
The Federal Family Educational Loan Program is a fixed interest rate (5.6% for subsidized loans for 2009-2010, 6.8% for unsubsubsidized loans) loan program for students who are attending college at least half-time (6 units or more) and who are eligible to received financial aid. Loans are made by a lender such as a bank. There are two types of Stafford Loans: subsidized and unsubsidized.
The subsidized Stafford loan is based on financial need. The federal federal government pays the interest on the loan as long as the student is enrolled for at least 6 units at LAMC. The unsubsidized Stafford loan is available to eligible students regardless of financial need. Interest on unsubsidized loans accrues from disbursement of loan proceeds to repayment of the loan.
At LAMC, we do not automatically package federal student loans. Students who are interested in student loans must attend an Entrance Counseling workshop. for more information about loan workshops at LAMC, contact the Financial Aid Office at (818) 364-7648 or check out the Student Loan Process webpage.
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Cal Grant Program
Cal Grant awards are state grants that are awarded and administered by the California Student Aid Commission (CSAC). To apply for a Cal Grant, you must complete the Free Application for Federal Student Aid (FAFSA) and have your Grade Point Average information sent to CSAC by March 2nd for the following academic school year you are applying for.
At LAMC, we participate in the Cal Grant B and Cal Grant C programs. The Cal Grant B program is intended to help students from disadvantaged/low income families. Awards are up to $1551 per academic year and may be renewed up to four years. The Cal Grant C program assists students enrolled in vocational programs.
To find out more on the various Cal Grant Programs, visit the California Student Aid Commission's website at www.calgrants.org
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Chafee Grant
The Chafee Grant is a federal grant administered by the California Student Aid Commission and provides financial assistance to current and former foster youth to use for college and vocational training. Eligible students may receive up to $5,000 per academic year. To learn more about this program, visit the Chafee Grant webpage at www.chafee.csac.ca.gov.
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Child Development Grant Program
The Child Development Grant Program is a need-based grant designed to encourage students to enter the field of child care and development in a licensed children's center. Students who plan to enroll at least half-time in coursework leading to a Child Development Permit as teacher, master teacher, site supervisor or program director, are eligible to apply through the institution they plan to attend. To be eligible, an applicant must meet each requirement:
- be a U.S. citizen or an eligible noncitizen,
- be a California resident,
- meet federal Selective Service filing requirements (if male),
- submit a completed Free Application for Federal Student Aid,
- enroll in approved courses leading to a Permit,
- be nominated by an eligible postsecondary institution or nominated by the employing agency,
- maintain at least half-time enrollment in approved courses leading to a Permit,
- maintain satisfactory academic progress as defined by the postsecondary educational institution,
- commit to full-time employment in a licensed children's center in California for a period of one year for each year of benefits received.
Selected grant recipients attending a two-year postsecondary institution are eligible to receive up to $1,000 per academic year. Grants may be renewed for one additional year, with a two year maximum, pending budget approval. To learn more about this program, visit the California Student Aid Commission website at www.csac.ca.gov.
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Board of Governors (BOG) Fee Waiver Program
The Board of Governors (BOG) Fee Waiver Program is offered by the California Community Colleges. Under this program, enrollment fees are waived for eligible students. Applicants do not have to be enrolled in a specific number of units or courses to receive the waiver and no repayment of funds is required.
You are eligible to apply for a waiver if:
1. You are a California resident, and
2. You are enrolled in at least 1 unit.
Remember: The BOG Fee Waiver program only waives your enrollment fees. If you need more help to cover some of your educational expenses, you must complete the Free Application for Federal Student Aid (FAFSA). To learn more about the Fee Waiver Program, click here.
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| Disclaimer: Some websites to which the Financial Aid Office provide links are for the convenience of users and are not managed or maintained by Los Angeles Mission College. The College and the Financial Aid Office do not review, control, or take responsibility for the contents of those sites. |
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