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Steps to Complete the Financial Aid Process

FINANCIAL AID  

School Year:  2015-2016 (use 2014 tax info)

For Financial Aid, you must complete a successfully processed FAFSA Free Application for Federal Student Aid, by - JUNE 1st for the FALL, AND, NOVEMBER 1st for the SPRING Semester.

First-Time Students
Applying for financial aid is a two-part process:

The first part is to fill-out, sign, and submit a FAFSA on the federal government website.

FAFSA Worksheet: You can view or print it from the FAFSA website (https://studentaid.ed.gov/sa/sites/default/files/2015-16-fafsa-worksheet.pdf). The worksheet lists some important information and the questions you will need to answer online.
How to fill-out, sign, & then submit a FAFSA: You must go to the Federal government's FAFSA website, www.fafsa.gov, to fill-out the application. When you are done, you should sign it with your FSA ID (and your parent's, if required), and then click "Submit".

In order to sign the FAFSA online: While filling out the FAFSA, you will be asked to sign it with your FSA ID (username & password are your electronic signature).  You can create one & then use it to sign the application. If you are "considered to be" a dependent student, your parent will also be asked to sign it with his/her FSA ID.
 
Note: You must enter Cumberland County College's Federal School Code, 002601, in order for the Financial Aid Office to receive your FAFSA information.
NJ State Aid: Requires that you answer some additional questions after completing the FAFSA.  There are two ways to do this. (Note: answer the questions - no blanks.)
  1. When you complete the FAFSA online, on the Confirmation screen, "click" on "Start your state application to apply for New Jersey state-based financial aid." 
  2. Another option: go to their website, www.njgrants.org, and click on "Answer New Jersey State Grants Questions."  

 

Approximately 3-4 days after you submit your FAFSA online, the Federal Government will email or mail you a Student Aid Report (S.A.R.). Check this report for any errors and to be sure that Cumberland County College is listed. The F.A. Office periodically downloads completed FAFSA applications.

 

The second part allows the F.A. Office time to determine what funding you may be eligible for.

After the F.A. Office receives your processed FAFSA (SAR - Student Aid Report), they will notify you by email as to which additional information, financial documents, and signed college and/or federal verification forms they will need.
Note: You must have applied for admission and been admitted to the college, and, have presented an official high school diploma or a HS/GED transcript to Enrollment Services.

Returning Students
Applying for financial aid is a two-part process.
The first part is to fill-out, sign, & submit a FAFSA on the Federal Government website - see above.
The second part allows the F.A. Office time to determine what funding you may be eligible for.
After the F.A. Office receives your processed FAFSA (SAR - Student Aid Report), they will notify you by email as to which additional information, financial documents, and signed college and/or federal verification forms they will need.
Note: You can also check your Financial Aid status, additional information required, and awards on your PORTAL Online account. 


MORE DETAILED INFORMATION

Applying for Financial Aid - starts with one form.
Applying for financial aid requires some work on your part. You won't get any money unless you ask for it, and asking for the money means completing the necessary forms.

To obtain financial aid, there are three very important things to understand:

You have to complete one financial aid application (FAFSA) per school year to start the financial aid process.
The F.A. Office at the college you plan to attend will be in charge of awarding you financial aid.
Deadlines matter. The earlier you submit your forms, the more likely you are to get a good financial aid package. Be especially aware of state deadlines!  
  • What Is the FAFSA?
    FAFSA stands for Free Application for Federal Student Aid. As the name indicates, the application is free and there is no charge for the processing of your application. No matter how many schools you are applying to, you only need to fill out one FAFSA application. Once your application is processed by the federal processor, you and the schools you have selected will be notified of the results and the school can then start the process of determining the funding for which you are eligible.

    Where Can You Find the FAFSA?
    To complete the application electronically, you can access the Web version at www.fafsa.gov.

    Note: Completing the FAFSA online is the fastest way to apply. The processing time for forms submitted online is about 3-5 days.  The processing time for paper applications is about six to eight weeks.  Students who do not have internet access should call 1-800-433-3243 for paper filing options.

    When Should You Complete the FAFSA?
    The FAFSA should be completed and processed as soon as possible after January 1 for students expecting to enroll in college the following fall – for Cumberland County College by JUNE 1st for the FALL, and, NOVEMBER 1st for the SPRING Semester.

    Remember: the financial aid for which you are applying has limits, so the sooner you complete your forms, the better your chances of getting a good financial aid package.

    How Should You Complete the FAFSA?
    To complete the form, you and your parents will need to share information on your financial condition (household size, income, assets, savings, etc.).  This is the same information you would be required to share with a bank or other lender when requesting a loan for a new car or home, or that you are required to put on your tax return each year.

    What's Next?
    Once you have completed the FAFSA, your next step is to allow time for the financial aid office to determine if there is any other information you need to provide.  Some colleges will require that you complete additional forms.  Watch your CCC email and check your
     PORTAL Online account for additional info requests &/or award notices.   Remember, you must have been admitted to the college before you will be considered for financial aid awards, so be certain to send in your application for admission.

    NOTE: financial aid offices are extremely busy places. The sooner you can complete the information required for financial aid, the better chance you will have of receiving aid.


    ALL STUDENTS REQUESTING FINANCIAL AID THROUGH CUMBERLAND COUNTY COLLEGE MUST COMPLETE THE FAFSA BY JUNE 1st FOR THE FALL, AND, NOVEMBER 1st FOR THE SPRING SEMESTER.

    * To learn more about Federal Financial Aid programs and services, and to apply, click on:
    http://www.studentaid.ed.gov/ or  http://www.fafsa.gov.
     




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