Am I eligible for Financial Aid at SBVC?
Financial Aid at San Bernardino Valley College is awarded based on calculated financial need. In addition, eligibility for federal financial aid requires that a student meet the following guidelines:
• Be a U.S. citizen or eligible non-citizen
• Have a valid Social Security number
• Register with the Selective Service (for men between the ages of 18 and 26)
• Be working toward a degree or certificate
• Have a high school diploma/GED effective July 1, 2012
•Maintain Satisfactory Academic Progress once in school
•Any other requirements, as determined by the Department of Education
How much does SBVC cost?
The enrollment fee at San Bernardino Valley College is $46.00 per unit (for California Residents) for the Fall 2015 semester. There are some additional mandatory fees that are also charged each semester. Students are responsible for paying all miscellaneous, mandatory fees the same day of registering for classes, otherwise they will be dropped for non-payment.
For financial aid purposes, however, each student is assigned a cost of attendance. The cost of attendance for the 2015-2016 school year for students living at home is $12,300 and $19,239 for students living on their own. The cost of attendance is made up of average costs for tuition and fees, books and supplies, rent and groceries, transportation and personal/miscellaneous expenses. The cost of attendance represents the average costs for a student who attends San Bernardino Valley College for a full academic year.
How is my aid calculated?
The information provided on the Free Application for Federal Student Aid (FAFSA) is used to calculate an Expected Family Contribution (EFC) for a student. This represents the amount that the student and/or student's family can contribute toward the student's education. The EFC is determined using a complex federal formula. Keep in mind that that your expected family contribution will not be what is actually paid out by the student and/or student's family. At SBVC, the EFC is used to determine the amount of aid eligibility a student has. The student will never be "billed" for the EFC amount. A student's financial need is determined by subtracting the EFC from the Cost of Attendance.
Cost of Attendance
-Expected Family Contribution
To preview an estimate of your Expected Family Contribution, Cost of Attendance and Financial Need please visit the FAFSA4Caster. The Financial Aid Office then awards a student all sources of aid for which he or she qualifies, not exceeding the student's financial need. Because SBVC is a public institution, financial aid resources are limited to federal and state funds -- no institutional funds are available. If a student's or student's family's income situation has changed from the income provided on the FAFSA, contact the Financial Aid Office for more information.
In the event a student withdrawals from all courses or there is a change in enrollment status, in any given semester, this may cause a student to be placed into overpayment status and a letter will be sent with the amount owed to the home address on file with the college.
Repayment of federal financial aid funds that had previously been disbursed to a student will be calculated based on the student’s enrollment status for the duration of the semester.
- In the event a student is placed into repayment, they will not qualify for any additional financial aid funds until the debt has been repaid in full.
- Ineligibility of federal financial aid funds, while in overpayment status, applies while a student is in attendance at San Bernardino Valley College as well as any other college.
- Overpayment of federal financial aid funds will be reported to the National Student Loan Database System and forwarded to collections should the student not repay the debt owed.