If you drop units, your second disbursement will be adjusted/reduced/cancelled Q. Warning: Students will owe money back to the Federal Government and/or Chaffey college if: You will be notified of any changes or updates to your Chaffey email. Please contact the Financial Aid Office for your specific second disbursement date. It is simply awarded to those who need financial aid the most. Direct deposit sign-ups and address changes can be made inSelf Service. The Census Date (Freeze Date) is July, 1, 2022. Refunds WILL NOT be distributed March 22, 2023. You will be notified by e-mail approximately one week before your financial aid payment is disbursed. See the Electronic Announcement published onNovember 19, 2018 to learn more about this scholarship. Students who withdraw from all classes after April 4, 2023 will have earned 100% of their Federal award for Spring 2023. If you are requesting a loan for only one semester, your loan may have to be paid in two disbursements. YzQzMTEyMzE3YWZkZWYwZWMzNDUwMThiNzUzNDI0YWJmNjNhMTQ5OTk2ZmQ5 January 27, 2023 - 1st disbursement 50% February 10, 2023 - Make-up first disbursement It is not a cash award. All 2023-2024 Federal Pell Grant awards must be based on the attached schedules. On January 31, 2022, in accordance with the provisions of the Master Calendar specified in section 482 of the Higher Education Act of 1965, as amended (HEA), we published the 2022-2023 Federal Pell Grant Payment and Disbursement Schedules as Dear Colleague Letter (DCL) GEN-22-03 . **Completion of the FAFSA/Dream Act Application will check student eligibility for multiple awards and should be completed by all students ASAP. Student loans are disbursed in TWO PAYMENTS per semester. 2022, is to disburse aid for Fall 2023) November 3 . What is the Income Limit for FAFSA 2023-24. Because we use mid-points in both the EFC columns and the cost of attendance (COA) rows in constructing the schedules, the actual 2021-2022 award year minimum scheduled award amount will be $650. The Office of Financial Aid works in conjunction with Student Financial Services to pay accepted financial aid awards to students. Disbursement - Institutional Charges - Housing Charges (if applicable) = Financial Aid Refund or Out of Pocket Expenses Disbursement dates for 2022-2023 Academic Year Most funds are disbursed in one lump sum (with a few exceptions see below) a few days before classes begin. At each payment, you will receive a single payment from all programs listed on your Financial Aid Award Notification indicated for that date. YzU5ZTY0YzQ4NDFlMWJhODYzYWNiZDFiNTRiNjc5MmFjMTVlZjdkZWNiYmMw In order to receive your loan disbursement on the published date you must complete steps 1-3 of the loan application process 10 business days before the published disbursement date. MTE2YzUyYjE4ZjEyY2Q3MTllN2UxYjA4NzlmMmI0YjcxMjM4ZTMyZDM4NzAy MjgxYTM0ZjFjMjJiMzExNjUzMjA2MjNiY2VhNTdmMGU2MzE2ZjZmODg2Nzg4 Hussain Shoaib is an author and digital marketer with expertise in financial aid and education. You should review information on Pell Grant eligibility determinations and the Lifetime Eligibility Used (LEU) limit posted on the Knowledge Center website. ZjBiZjcxYjQwYjRmYWY0ZDJhNjY2MDQ5Yzk1ZTNmNmZlMzlmMjBhMWM1M2Qx Refund Dates 2022-2023 Award Year Fall 2022 August 29, 2022 - December 17, 2022 Spring 2023 January 30, 2023 - May 27, 2023 Spring Break March 27, 2023 - April 2, 2023 Summer 2023 June 12, 2023 - August 18, 2023 Revised: 01/23/2023 Account Services will start refunding on January 5, 2021. 3. You may also email edcaps.user@ed.gov. Students on Financial Aid Probation or in Maximum Timeframe status without an approved appeal must wait until their file is reviewed and approved by the Financial Aid Office. Payment for late starting classes will not be issued until the class begins. The email will include your financial aid payment amount and the date of disbursement. The amount of your disbursement is based on the number of units you are actively enrolled in 15 days prior to the disbursement date. NTU0N2VjZjZhZjMwODA5MWM5ZTAzMjZiYzU4MmYzYTBiNDliNjdhZjE3NTk4 SU MMER 202 3. . These include changes to the Central Processing System (CPS), the Institutional Student Information Record (ISIR) Analysis Tool, the Common Origination and Disbursement (COD) System, and the EDExpress for Windows software. ZjNiMTYzOTA5N2QwYzBjMDM0MWNlZjk4YWZjNTgxNDE1MGJmMmJjOTY5OGMy If your award letter includes a Promise Grant, you are eligible to have your enrollment fees waived for the Summer 2022, Fall 2022, and Spring 2023 semesters. It is also important to note that the statutory restrictions of using only certain cost components in constructing a COA in some circumstances still apply. Disbursements will be adjusted if enrollment increases or decreases. Apply for a refund of your enrollment fees. A students eligibility to receive a Federal Pell Grant award may be limited by section 401(c)(5) of the HEA, which limits lifetime Pell Grant eligibility to 12 semesters (or its equivalent). For individual information, we recommend that students refer to their Financial Aid Award Notification Email, which is sent to their Butte College email account after their file is completed. Spring 2023. As mentioned above, an overview of FAFSA Simplification Act changes for implementation in 2023-2024 can be found in Dear Colleague Letter GEN-22-15. The process of releasing financial aid and posting the funds directly to the student's account. State Center Community College Foundation, Satisfactory Academic Progress (SAP) Policy, Reedley College is FREE Regardless of Income, How to Apply for Financial Aid - Espaol, 100% of award letter amount for the semester, 75% of award letter amount for the semester, 50% of award letter amount for the semester, If you drop units, your second disbursement will be adjusted/reduced/cancelled, If you drop units, you may be in overpayment. 100% Cal Grant 5/12/22 - 50% Pell/SEOG 1/19/2022 Late January . The ideal date to pass the application for a Pell Grant is on the 1st day of January or any nearest day possible to it. This Dear Colleague Letter has been superseded by Dear Colleague Letter GEN-22-04, posted on March 24, 2022. 2021-2022 Federal Pell Grant Payment and Disbursement Schedules in PDF Format, 372 KB, 16 Pages2021-2022 Federal Pell Grant Payment and Disbursement Schedules in Excel Format, 2021-2022 Federal Pell Grant Payment and Disbursement Schedules, The attachments to this letter contain the 2021-2022 Award Year Federal Pell Grant Program Payment and Disbursement Schedules, (GEN-21-01 ) Do not exaggerate the numbers. If your earliest start date is prior to the Semester Start Date, disbursement will occur approximately two weeks after the Semester Start Date. OGE2NDY4MmMzNTFkMDg3YWQ5OGY3ZjVkMDA0YmVkYTJmNGIyYWRjNTNkNDUz Out-of-state students will receive any remainder from their financial aid once unpaid fees are automatically paid first. ZjIyMGRhZWNlMWI2YmVlNDMwZmRjMjliZmFhMzg5MGY4MjlhOGE1ZTY0Zjkz An institution must submit Pell Grant, Iraq and Afghanistan Service Grant, Direct Loan, and TEACH Grant disbursement records to COD, no later than 15 days after making the disbursement or becoming aware of the need to adjust a previously reported disbursement. Q. ZWZjMTE4ZjhkMmFlYjkyYzJlYmRmOWJiOGM1OTE4MWE5MTk3NmFhMzIzM2Mw Therefore, if you make changes to your course load after this date, you will not see an increase/decrease to your total financial aid for the Fall 2022 term. All 2022-2023 Federal Pell Grant awards must be based on the attached schedules. Richard Cordray Important Information: ALL Financial Aid Checks will be mailed, unless you are enrolled in direct deposit. First Pell Grant Administrative Cost Allowance Payments for 202223 Award Year, (GRANTS-23-02) For the first grant dates shown, please verify or update your maiiling address or Direct Deposit by August 18, 2022 by 5:00pm first Fall 2022 semester disbursement. Pell Grant. For example, if your semester Pell Grant award is $2000 and you are enrolled in 7 units, you will be eligible for $1000 ($2000 x .50). YmM1ZDY0MGM3ZGYyMjY5M2ZiMDY0ZDk5NTYzZjkwY2JlYWI5ODk5M2NlNGZh Pell Grant. Because we use mid-points in both the EFC columns and the cost of attendance (COA) rows in constructing the schedules, the actual 2022-2023 award year minimum scheduled award amount will be $650. Chief Operating Officer MWVmN2YzZDUwNDM3MTU0NThlZmZmMGEyN2JmNzk5NjFjZmUwY2IyZjI2In0= Under section 401(b)(4) of the HEA, the minimum Pell Grant award is 10 percent of the maximum award amount for the award year. As a reminder, in using the attached schedules for awarding a Federal Pell Grant to a student, the full nine-month EFC must always be used regardless of the students actual period of attendance. Loan funds for new borrowers may be held for disbursement until 30 days into the semester. It is also important to note that the statutory restrictions of using only certain cost components in constructing a COA in some circumstances still apply. YjUzZjEwNDYxN2ZlZjdjMjAzYzNlNjA1NjdmYzZiYjMzODY3YjM2YmQ1Yzkx OTAyZmZlZDAwYTkwYmY2YWI2NmZjM2FmNTRkMTA5MWE2ZThlNjRlZWVlYzQ1 Because we use mid-points in both the EFC columns and the cost of attendance (COA) rows in constructing the schedules, the actual 2023-2024 award year minimum scheduled award amount will be $750. ODA2ZTQxN2ZkNDQyZWQ5MDlhMWNhODg4MDJiNDk2OWRiYmNkZDdlYmMxYjAz NzAyOGE4NTJmY2UzODk0YmVjZDk3MzE2NDg4NTg3ZGE4ZjNkMjYwNjJjOWEx If you paid your enrollment fees, and then were awarded a fee waiver, apply for a refund at the Business Office or online. Grant disbursement amounts are based on y our enrollment status and eligibility (Refer to Disbursement Eligibility Table on reverse). Some colleges would set different schedules. Check the start date of your classes. As a reminder, in using the attached schedules for awarding a Federal Pell Grant to a student, the full nine-month EFC must always be used regardless of the students actual period of attendance. The amount granted to the student is determined by the calculations based on the information given by the student upon filling up the FAFSA form and passing a copy of the familys EFC or Expected Family Contribution. Any financial aid grants or scholarships not used for school related purposes, is considered taxable income. A: The processing of your financial aid disbursement begins 15 days before the actual disbursement date. However, you may still be entitled to additional funds that will be sent out on the next disbursement date (see chart below). Complete All Outstanding Requirements Be sure that every item in your Checklist in Financial Aid Self-Service is completed by the cut off date for a disbursement date- click for Financial Aid Self-Service Guide for step by step instructions. We began processing the Pell Grant ACA payments for all schools on Feb. 23, 2023. Section 401(b)(4) of the Higher Education Act of 1965, as amended (HEA), establishes the minimum Pell Grant award to be 10 percent of the maximum award amount for the award year. For a student to apply for a Pell Grant, he or she must apply through FAFSA or Free Application for Federal Student Aid. *New Student: A newly enrolled student that was not attending courses at the start of the Fall 2022 term. -For Fall 2022, Spring 2023, and Summer 2023: Complete 2022-2023 FAFSA (2020 taxes)-For Fall 2023, Spring 2024, Summer 2024: Complete 2023-2024 FAFSA (2021 taxes) - Available October 1, 2022. 117-70 expires on Feb. 18, 2022, unless Congress acts to extend it. MGYzOWEyMDMwZTVlMDhhODE3ZTY0Yjc0MGQzYWY1NTg2YTJjZTE5NjczMTA4 These include changes tothe Central Processing System (CPS), the Institutional Student Information Record (ISIR) Analysis Tool, the Common Origination and Disbursement (COD) System, and the EDExpress for Windows software. If you are enrolled in classes that begin later in the term, you will not receive grant or loan funds for those classes until after they have started. All financial aid, will first be applied to institutional charges, which include: tuition and mandatory state and campus fees Any remaining financial aid after institutional charges are paid will then be refunded to the student. . Grant and loan funds . Adjustments to SEOG and state grant disbursements will no longer be made after the second scheduled disbursement. If you do not receive your payment within ten days from the date indicated above, please verify that you have selected a refund preference with BankMobile Disbursements and that the address in your profile is accurate. There is a help menu if needed. Please note: Although your financial aid will disburse on Monday's, your financial aid refund will usually arrive at BankMobile on the Thursday of the week it's disbursed. While these documents do not currently meet the standards of Section 508 of the Rehabilitation Act of 1973, as amended, Federal Student Aid is working to create accessible versions. Once you have received 600% of Pell grant, you will no longer be eligible for additional Pell Grants at Chaffey College or any college/university in the country, regardless of completion of program of study or Bachelors. NWNjMjc2OTlhMzEwMzJiY2FjNTkwYjc1YTMzMzQzMTBiNzdjNTkyMzQzNzlm IMPORTANT: Financial aid is disbursed according to Need and number of units in which you are enrolled. Call or visit the financial aid office if you need assistance. For detailed instructions onHow to Sign Up for Direct Deposit or How to Change or Cancel Direct Deposit or you can contact the Student Accounting department for help. You filed an Appeal Form to reinstate your financial aid with results indicating that the Fall semester was the final semester we could assist you. The Cal Grant disbursement dates are estimated based on the date we expect to receive Cal Grant funds from the State. A schools calculated Pell Grant ACA payment will be posted in G5 as an Available Balance in the schools Pell ACA G5 Award Number, P063Q22####. Q. I was on a waitlist and was recently added into the class. For summer 2022 you may be eligible for half of your Pell Grant if you enroll in 6 units (half-time). MzQ4YTg4NzUxOGZiYmJjYjk3MWJlMDUwOTIyMDE4OTVlNjM5N2RmOWUzNTlj You will be notified through your Inside BC when your financial aid payment is processed. This is a form of student financial aid that took its name from US Senator Claiborne Pell. We will publish the 2022-2023 Federal Pell Grant Payment and Disbursement Schedules by Feb. 1 in accordance with section 482 of the Higher Education Act of 1965, as amended (HEA). All 2021-2022 Federal Pell Grant awards must be based on the attached schedules. NzlhYTliNGNjMmJlNmQ4ZWVhYTY3MmVmZmIxNTkzNmU4ODhhNTRiNmEyZDk0 NGNhMDM3ZDQ2NDE5NGQ0MTFmNTZmMGUxYzg2M2YzNjZiYzdjNGFkNTI3Yzhh Pell Grant Disbursements will be adjusted if enrollment status is less than full-time. Financial Aid Grant Disbursement Dates 2021-2022. For more information, visit this link: BankMobile Disbursements Refund Choices . YzUzYjY4MTgyMWE1ZjVlNWEwYTQyOWNlMmE0MDZjZDU4OGY3MDc2OWZiMjBi Fall and Spring Pell grants are disbursed in two payments per semester. Since it is a grant, it does not have to be repaid. Attached to this letter are both PDF and Excel versions of the Payment and Disbursement Schedules for determining Federal Pell Grant awards for the 2023-2024 award year (July 1, 2023, through June 30, 2024) for full-time, three-quarter-time, half-time, and less-than-half-time students. YjY4NGMyMWIzZjg3MTgzMGZmMzM4ZDRmYjU2ODZjZTZmNWQyYmU0OGM1OTkz ZGQ4YjQyZjlkYjgyMmU1OGRjMDRiNWY0M2FjZTUwM2UyZTVlMzlhZmNiMzdh The attachments to this letter contain the 2022-2023 Award Year Federal Pell Grant Program Payment and Disbursement Schedules. Loans will be disbursed in three installments fall and spring terms and two installments during the summer session. Hours enrolled after February 13, 2023 will be reviewed on case-by-case basis. For the first grant dates shown, please verify or update your mailing address or Direct Deposit by August 31, 2022 by 5:00pm first Fall 2022 semester disbursement. Less than Half Time Student (Pell Only) 12 or more credits 9 to 11 credits 6 to 8 credits 1 to 5 credits $1,000 $750 $500 Should you decide to cancel all or portions of your loan after 120 days from the day of the disbursement, you must contact your loan servicer directly for guidance on how to return the funds. If you received a Pell Grant in 2021-2022, you may qualify for a Pell Grant in summer 2022, even if you attended full time in both semesters. ZTkyNmIzOThlYjVhODI0Njk1YmE4MzgxNTNjZjhkY2M0ZDhjZDdiOTQ0ODhl A student will be included in the calculation even if there is a full recovery of the entire Pell Grant award. MGEwM2ZjMWI5YjgzYzM0OTA1YTM1MTY2MmZhZGY1MzgzZGFkMDE5MDcyY2Jh MmM4Njk5YTQwZGMzMzYyMDMyMzE3NjU3N2M1MjMzMWQyZjdlOGZhMzQ1YzI4 Please be aware that any change in your enrollment may affect your Pell Grant amount. Typically, the first day of February, March, and April are given as the deadline. dXJlIjoiMjk2ZmZiMDdmYzA5MzdmZjNkYTFjNTI5YjZkNTM2Yjk3YzEzY2Ni August 25, 2022. Also, note that a students eligibility to receive a Federal Pell Grant award may be limited by the statutory provision in section 401(c)(5) of the HEA that sets a lifetime Pell Grant eligibility limit of 12 semesters (or its equivalent). If classes are added after this date/time, Pell Grant cannot be increased. If you miss a scheduled disbursement date based on the date you completed your file or added classes, you will be paid on the next scheduled Disbursement Date. Important Things to Know: The Freeze Date for Fall 2022 is September 6th and for Spring 2023 semester the Freeze Date is February 6th. We will publish the 2022-2023 Federal Pell Grant Payment and Disbursement Schedules by Feb. 1 in accordance with section 482 of the Higher Education Act of 1965, as amended (HEA). Disbursements occur on Tuesday and Thursday each week with exceptions for holidays and federal government or state closures. . OGY4Y2NhYTI2NWNjZGI1NjY3NGE5OWEzNzQzYTEwNTQzMDAxNDEzZDc2ZGJl Please contact a Tax Advisor or specialist for assistance. In future electronic announcements, we will provide institutions with important information about system, web, and software modifications that will reflect the 2021-2022 Pell Grant Payment and Disbursement Schedules. Institutions should also be aware of guidance regarding the Children of Fallen Heroes Scholarship which extends maximum Federal Pell Grant eligibility for certain students who have a Pell Grant-eligible EFC and who had a parent or guardian die while serving as a public safety officer. Educational institutions have never revealed a deadline or an ideal time to pass Pell Grant applications, leaving students and their parents almost clueless. A schools total unduplicated recipient count excludes the following students: Those who have been determined ineligible for a Pell Grant or rejected by the Central Processing System, Those for whom origination records were accepted in the COD System but for whom accepted actual disbursements (DRI equals True) have not been received, Those for whom all actual disbursements have been rejected. These include changes tothe Central Processing System (CPS), the Institutional Student Information Record (ISIR) Analysis Tool, the Common Origination and Disbursement (COD) System, and the EDExpress for Windows software. Loan Deadlines The deadlines for loan submission requests are Fall Only Loan (August 19 th thru December 13 th) - November 28, 2022 Spring Only Loan (January 9 th thru May 7 th) - April 21, 2023 Alternative/Private Loans For additional information on the LEU limitation, see Dear Colleague Letter GEN-13-14 and Volume 7 of the 2023-2024 FSA Handbook (formerly in Volume 3, Chapter 3 of the 2022-2023 FSA Handbook). *Continuously Enrolled Student: A student that was currently attending courses at the start of the Fall 2022 term and has added courses after 09/06/22. It is mandatory that you activate your e-mail account. Financial Aid Office receives any information that changes your eligibility, your check could be held or cancelled. Once the Financial Aid Office completes students file, each student will receive a Financial Aid Award Notification Email which will indicate an estimated Financial Aid Disbursement Date. But one thing that most parents do not know is that there is actually an ideal date to pass the application. Any financial aid used for tuition, fees, books, supplies, and school related equipment are EXEMPT from being considered taxable income. The Federal Pell Grant payment schedule is issued by the Department of Education which determines the official Pell Grant amount. ODExNTUxMDAwNmJiYzUyYzA1NjZiNjkyMDJjZThjNWY0NDU3Nzg0MTkwMDlh If you have questions about the Pell Grant ACA payments, contact the FSA Partner and School Relations Center at 1-800-848-0978. Please be aware that any change in your enrollment may affect your Pell Grant amount. NWVlY2FhOTc2YWRkYjI3NGI5NTdmZjBhZjhjMGQ2MmM1ZDhkNjQ1NDIxMGMz Educational institutions have never revealed a deadline or an ideal time to pass Pell Grant applications, leaving students and their parents almost clueless. Just try to calculate what you think are the most accurate figures. Loan disbursement dates vary based on several factors: When the loan request form with all required documentation is turned into the Financial Aid Office; On Dec. 3, the President signed Public Law 117-70, making further continuing appropriations for the fiscal year ending Sept. 30, 2022, and for other purposes. Financial Aid Office995 N. Reed AvenueReedley, CA 93654Phone: (559) 494-3012Fax: (800) 643-0932 www.reedleycollege.edu, We strongly encourage financial aid eligible students to sign up for direct deposit. ZjA2OGE5NmJjYzViMjM3ZjM5MmU1ZTIyZGFmMjRkY2VmNTNkMDQ2YTQyOGE0 "Last ACA Payment Date"Field - Most current date for which an ACA payment was made for the 2022-23 award year Contact Information If you have questions about the Pell Grant ACA payments, contact the FSA Partner and School Relations Center at 1-800-848-0978. Generated by Wordfence at Sat, 4 Mar 2023 4:40:51 GMT.Your computer's time: document.write(new Date().toUTCString());. You must not have reached the Pell Grant Lifetime eligibility of 600%. The amount of your disbursement is based on the number of units you are actively enrolled in 15 days prior to the disbursement date. ZjMxMjdmZmM1MjhlN2I2MWViYTM4MDI5NDQ4OWY4N2I1NDg4OTdiYTMxZGI0 But first, let us discuss what a Pell Grant is.
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