News You Can Use
Financial Aid Update - January 5, 2016
The Deadline to apply for a Board of Governors Fee Waiver refund for the 2015-2016
academic award year is as follows:
Fall 2015 - December 18, 2015
Spring 2016 - May 27, 2016
Summer 2016 - July 7, 2016
Due to year end processing deadlines, no exceptions for refunds can be made past the
above mentioned deadlines.
Financial Aid Update - January 4, 2016
2016-2017 FAFSA RENEWAL INFORMATION
If you have not yet completed your 2016 - 2017 FAFSA Application online you need to do it right away to make sure your BOG Waiver is in place for
the Fall 2016 semester. Make sure you complete your 2016-2017 FAFSA Application before
the March 2nd, 2016 deadline!
- Submit your 2016- 2017 FAFSA application online at www.fafsa.gov and the results of your BOG Waiver eligibility will be displayed on WebAdvisor to cover your enrollment fees if you complete the FAFSA before you register.
The San Bernardino Valley College Financial Aid Office will start processing 2016-2017
FAFSA/Dream Act applications as early as May 1st, 2016.
DO NOT delay, complete your 2016-2017 FAFSA today!
If you have not yet completed your 2015-2016 FAFSA Application for the Spring 16 or
Summer 16 semester, you can still apply. The priority deadline was March 2, 2015 but
it is not too late to apply. After applying you will receive notification from the
Financial Aid Office by email or you can use WebAdvisor to stay informed about the next steps required to process your financial aid. Completing
your FAFSA can result in “free money” for you to go to college. Do not wait until
the last minute, apply early and enjoy your summer knowing your Fall registration
process will be easier to complete.
Apply online at www.fafsa.gov.
SBVC School Code is 001272
Read the 4 Simple Steps to Financial Aid to learn about new regulations and changes that could IMPACT your financial aid application.
New Financial Aid Regulations for 2014-2015 award year
All first-time SBVC students without a high school diploma or a GED enrolling in classes
on or after July 1, 2012, will not be eligible for federal financial aid as a result
of the Consolidated Appropriations Act of 2012 passed by Congress. This law applies
to all colleges and universities. Students without a high school diploma or GED can
still apply for scholarships and the Board of Governors (BOG) Waiver if they meet
income and residency qualifications.
A copy of your Federal Tax return is NO LONGER
considered acceptable documentation to verify your income. You MUST
request an IRS Tax Transcript through the IRS office for the income verification
process. To obtain an IRS Tax Transcript go to www.irs.gov or call 1-800-909-9946.
You can also visit the local IRS office at 290 N. D. Street, San Bernardino, CA 92401.
They are open Monday - Friday from 8:30 am - 4:30 pm, hours subject to change. For
more information call 909-388-8108.
Students are encouraged to use the IRS Data Retrieval when completing the FAFSA. The
IRS Data Retrieval Process is a way to get your tax information directly from the
IRS without having to have a copy of your taxes with you when completing the FAFSA.
If you have filed a Federal tax return, you will be asked if you want to retrieve
your information directly from the IRS. If you select this option, you will be guided
through the process. Once your information is transferred from the IRS to your FAFSA,
it will be marked that it has been transferred from the IRS. This verifies that the
information on the FAFSA has been matched and verified with the IRS.
Life time limit for the Pell Grant has been changed from 18 full time semesters to
12 full time semesters. The Life time Pell Grant limit is applicable to all continuing
and new students.