Frequently Asked Questions About Financial Aid
Q. What is Financial Aid?
Financial aid is money made available by federal and state
funding and private sources in the form of grants, loans, wages, and scholarships.
Q. How is Financial Aid calculated?
Eligibility is based primarily on prior year income, assets,
and family size.
Q. When to apply for Financial Aid?
Applications are available after January 1 of each year
for the following academic year (January 1 for the coming Fall).
Q. How can I obtain an application?
You can contact our office and request one or obtain it
via the U.S. Department of Education website at http://www.ed.gov/about/offices/list/ope/plan.html
Q. How do I apply online?
Visit the Free Application for Federal Student Aid (FAFSA)
website at http://www.fafsa.ed.gov. Request
a PIN for yourself (the student) and one for parents if the student is a dependent.
Once the PIN is received via email in 2-4 days, the application can be completed
and submitted.
Q. Can I renew my FAFSA online?
Yes. All you will need is your PIN and updated financial
information.
Q. Is it quicker to apply online?
Yes. An online application is processed by FAFSA in 2-3 days.
A mailed application takes 4-8 weeks to process.
 Q. What are the deadlines?
The priority deadline is March 2 of each year. Adhere to
this deadline for consideration of funding from the California state sources.
If you miss the March 2 deadline, you will be considered for federal funding
only.
Q. What is the Title IV code for Ohlone College?
Our Title IV code is 004481.
For other school codes , visit the U.S. Department of Education
website at http://www.fafsa.ed.gov/fotw0405/fslookup.htm
Q. When do I get my check?
Disbursement dates are posted in the Financial Aid Office.
On this website, see Important Dates. Only completed
files will be awarded. To receive your check, make sure that your file is completed
at least 20 days prior to the next disbursement date. Stop by our office and
inquire if you are unsure of the status of your file.
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