- The Yuba College Financial Aid Office administers financial aid (including student loans). Please note that financial aid is handled in accordance with federal and state regulations. Funds are distributed to students who have documented financial need determined by the total resources available to them.
- Parents are considered to have the primary responsibility for assisting the dependent student in meeting the cost of education. Financial aid is available along with parental contributions to meet the student’s academic expenses.
- Aid for independent students is available based on student contribution and the student’s academic expenses.
- Use the Free Application for Federal Student Aid (FAFSA) online to apply for campus-based aid and the Pell Grant. List Yuba College as the college of choice. The Yuba College (includes Lake County Campus) federal school code is 001344.
- Once the Yuba College Financial Aid Office receives an Electronic Student Aid Report (SAR) from the Federal Processor, you will be notified (by e-mail or U.S. Mail) of the required documentation needed to complete your file. Documentation requested is confidential and must be furnished in order for you to receive aid.
- The priority date for funding is March 2. Applications dated after this date will be funded as long as funds are available. Students awarded financial aid will be notified by e-mail or postcard with link to the WebAdvisor page. Average processing time of Federal Student Aid is eight to twelve weeks.
Financial Aid Basics
Cost of Education 2014-2015
Cost of attendance budgets include average costs associated with all of the educational expenses a student will incur during the academic year. This includes tuition and fees, room and board, miscellaneous personal expenses, books and supplies, local transportation costs. While students must determine their own budget, in keeping with needs and resources, the following is an approximate annual cost of education for financial aid students attending Yuba College:
|Category||Living With Parents||Living on Own – Off Campuss||
Living with Parents
Living on Own
|Student Services Fees||$20||$20||$20||$20|
Based on Federal Regulations, students who receive Federal Grants and have received payments and drop classes prior to the 60% completion of the semester may be required to repay a portion of the aid they received. Failure to repay or make payment arrangements by the deadline given will result in the student becoming ineligible to receive any Federal student aid at any institution until the overpayment is resolved.
Return to Title 4 (R2T4)
Based on Federal Regulation students who receive any type of federal student aid and drop and or stop attending ALL their classes prior to 60% completion for the semester, will be responsible to repay any portion of aid the college is required to return to the Department of Education as a result of them withdrawing or stop attending from classes. In addition students who stop attending before the 60% completion of the semester and receive ALL F, W, and or NP grades may also owe money back to the Department of Education.
Students are encouraged to check with Financial Aid Office on the impact of dropping classes prior to actually dropping them.