Purpose
This policy establishes guidelines for the allocation of State University Grant funds to eligible students.
Background
A policy is needed to allocate scarce financial aid resources.
Accountability
The Financial Aid Office
Applicability
All registered students at º£½ÇÉçÇøCI
Policy
State University Grant funds are awarded in accordance with the system- wide policy statement issued on March 8, 2001, to º£½ÇÉçÇø Presidents from Executive Vice Chancellor, David Spence.
The March 8, 2001 document set system-wide eligibility requirements, annual limits and award priority groups. The following summary is a summary of that policy statement.
Eligibility for awards
- Be admitted or enrolled at a º£½ÇÉçÇø campus
- Be classified as a California resident for fee purposes
- Pay the State University fee (excludes students in self support programs)
- Demonstrate financial need
- Not be in default on a student loan
- Not owe a repayment on a student grant
- Be making satisfactory academic progress
- Have an expected family contribution not exceeding fifty percent of the campus standard off-campus budget.
- Academic year award limits are $3600 for full time students and $2400 for less than full time enrollment.
- Summer award limits are $1800 for students enrolled in 12 units and $1200 for student enrolled in less than 12 units.
- Twelve month limits for students enrolled in both academic year and summer are $4800 for full time enrollment and $3200 for less than full time enrollment.
- Have an expected family contribution of $800 or less
- Be enrolled on at least a half-time basis in a degree or credential program
- File a FAFSA by the campus designated priority date
- Have not received a Cal Grant or a waiver of the State University fee
- a State University Grant is awarded up to the full amount of fees minus any fee based Cal Grant awards or waivers. Additional amounts may be awarded up to the maximums established by the Chancellor on a case-by-case basis;
- a State University grant is awarded only to students accepted in degree or credential programs. Post baccalaureate unclassified students are not eligible for financial aid;
- priority is given to on-time applicants with an expected family contribution of $800 or less and no award is made to students whose expected family contribution exceeds $4000; and
- this procedure is subject to change as the system-wide policy is amended or as allocations limit the ability of the Financial Aid Office to completely fund eligible students.