Ask us in the Financial Aid Office for more information on the following New Rules.
There are many proposed changes to other elements of financial aid. For updated information check this often.
Lifetime Limit for Pell Grant Back to the Top
Students are now limited to 6 full-time years of Pell grant, which equals 12 full-time semesters of Pell or 600%. This calculation is monitored by the federal government for every college a student has attended. Please plan you coursework carefully so that you do not run out of Pell grant eligibility before you are ready to graduate.
Ability to Benefit Back to the Top
Effective with the 2012-13 financial aid award year, students must have a high school diploma, GED or High School Proficiency to qualify for a Pell grant. Students are no longer able to waive that requirement by taking an Ability to Benefit exam.
Repeating Classes for Financial Aid Back to the Top
Students may be paid once to repeat a class for which they received a satisfactory grade. If they received a sub-standard grade, they may be paid to repeat the class as many times as the college allows. PLEASE NOTE: Once it is clear that the student cannot repeat a course that is required for their academic goal, they become ineligible for financial aid at Mendocino College until they have passed that course at another college.
Board of Governor Fee Waiver Back to the Top
Students must now demonstrate $1104 dollars of need to be eligible for a BOG C waiver.
Freeze Date Back to the Top
Financial aid disbursements will be based on your enrollment as of the day after the Last Day to Drop without a Grade Notation. Check dates and deadlines.
For the first disbursement we will pay you based on your enrollment at the time we process your check. At the second disbursement we will adjust your aid based on your enrollment on the financial aid freeze date (day after last date to drop without a grade notation). Your Satisfactory Academic Progress will be calculated by calculating your successful completion of these classes. As always - only enroll in courses you think you can successfully complete. Continued financial aid depends on you completing 67% of the courses you enroll in a semester and maintaining a cumulative GPA of 2.0 or better.
You must be enrolled in late start courses by the financial aid freeze date. Late start enrollment after the freeze date will not be included in your financial aid calculation.
Statisfactory Academic Progress Changes Back to the Top
Beginning July 1, 2011, the 2011-12 Satisfactory Academic Progress (SAP) standards will change in accordance with new federal regulations. These new SAP standards will be effective beginning with the fall 2011 semester and supersedes all previous policies.
Federal regulations require that a student receiving federal financial aid make satisfactory academic progress in accordance with the standards set by Mendocino College (MC) and the federal government. These limitations include all terms of enrollment, whether or not aid was awarded or received. At Mendocino College (MC), Satisfactory Academic Progress (SAP) standards apply also to non-federal aid, including state funds, and some scholarships. Progress is measured throughout the academic program by the student’s cumulative grade point average (Qualitative) and by credits earned as a percentage of those attempted (Quantitative or Pace of Completion). In addition, students must complete their program of study before the total number of attempted units equals 150% of their declared academic program. PLEASE NOTE: All units on a student’s transcript count as attempted units, whether they were completed with a W; were retaken for a better grade; or eliminated from the transcript calculation by Academic Renewal.
The College Financial Aid Office will evaluate satisfactory academic progress after each term, before aid is awarded for the following term. The process will be completed as soon as all faculty have posted grades. Some certificate programs are ineligible for student financial aid, but those credits will be counted toward all SAP requirements (GPA Completion Rate, Maximum Timeframe, and Developmental Maximum) if the student later enrolls in an eligible program.
Appeal Forms - Link
Priority Deadline Back to the Top
Students must complete their FAFSA and the FA (Financial Aid) Process by May 31st, if they want to receive their first check in August for the fall semester term.
Elimination of the Interest Subsidy for Direct Loans during the Grace Period
For new loans first disbursed on or after July 1, 2012 through June 30, 2014, the federal government will no longer subsidize (pay) the student loan interest during the six month grace period. The grace period is the time between when the student graduates or drops below half-time status and the time when the student must start repaying the loan. Students are encouraged to check with their Loan Servicer for any available options to assist with their loan repayment.
Effective for loans first disbursed on or after July 1, 2012, the U.S. Department of Education is prohibited from offering any repayment incentives to Direct Loan borrowers, except interest rate reductions to borrowers who agree to have payments automatically electronically debited from their bank account.
150% Direct Subsidized Loan Limit Back to the Top
Limits Direct Subsidized Loan eligibility for first-time borrowers as of July 1, 2013.
- No effect on unsubsidized or PLUS eligibility.
First-time borrower is a borrower who has no outstanding balance of principal or interest on a Direct Loan or FFEL loan on July 1, 2013, or on the date the borrower obtains a Direct Loan after July 1, 2013.
2014-15 Clarification of IRS Requirements Back to the Top
Verification of 2013 Income Information for Individuals with Unusual Circumstances
Individuals Granted a Filing Extension by the IRS
If an individual is required to file a 2013 IRS income tax return and has been granted a filing extension by the IRS, provide the following documents:
- A copy of IRS Form 4868, "Application for Automatic Extension of Time to File U.S. Individual Income Tax Return," that was filed with the IRS for tax year 2013;
- A copy of the IRS's approval of an extension beyond the automatic six-month extension if the individual requested an additional extension of the filing time for tax year 2013; and
- A copy of IRS Form W-2 for each source of employment income received for tax year 2013 and, if self-employed, a signed statement certifying the amount of the individual's Adjusted Gross Income (AGI) and the U.S. income tax paid for tax year 2013.
Individuals Who Filed an Amended IRS Income Tax Return
If an individual filed an amended IRS income tax return for tax year 2013, provide both of the following:
- A signed copy of the original 2013 IRS income tax return that was filed with the IRS or a 2013 IRS Tax Return Transcript or the 2013 tax year; and
- A signed copy of the 2013 IRS Form 1040X, "Amended U.S. Individual Income Tax Return," that was filed with the IRS.
Individuals Who Were Victims of IRS Identity Theft
- A victim of IRS identity theft who is not able to obtain a 2013 IRS Tax Return Transcript or use the IRS DRT must contact the IRS at 1-800-908-4490. Upon authentication of the tax filer's identity, the IRS will provide, by U.S. Postal Service, a printout of the tax filer's 2013 IRS income tax return information.
Individuals Who Filed Non-IRS Income Tax Returns
- An individual filed or will file a 2013 income tax return with Puerto Rico, another U.S. territory (e.g., Guam, American Samoa, the U.S. Virgin Islands, the Northern Marianas Islands), or with a foreign country, must provide a signed copy of that 2013 income tax return(s).
Contact us for more information.
Enrollment Fees Back to the Top
Increase from $36 to $46 a unit starting in 2012 summer.
Income Tax Verification Back to the Top
Starting in 2012, the Department of Education will allow students and parents to import their income tax information directly from the IRS. Students who are unable to do this will be required to submit an IRS transcript. Financial Aid will no longer take tax forms and W-2s.
Repayment Incentives Back to the Top
Created: March 16, 2010 @ 12:49 PM
Last Modified: November 17, 2014 @ 09:22 AM