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Division/Department Masthead Image
Paackaged

FINANCIAL AID TV

OFFICE HOURS :
The Student Financial Assistance
Office Will Be Closed Friday
May 17th for the Saddleback
College Scholarship Ceremony

Monday - Thursday
8am to 4:30pm
Tuesday - Wednesday
8am to 6:00pm
Friday 8 am - noon

Location: SSC-106 [map]
Phone: (949) 582-4860

scfinaid@saddleback.edu

HIGHER ONE ATM
CAMPUS LOCATIONS

Student Services Building
(SSC) - 2nd Floor
Math/Science/Engineering
Building (MSE) - Lobby
Saddleback Gymnasium
(PE 200) - Foyer

For your convenience a
Document Drop Box
is located outside our office.

Student Financial Assistance & Scholarship Office

How is Financial Aid Packaged?

Once your financial aid eligibility (or need) is determined, then our task is to provide a package of aid which best serves your particular situation.

We prefer to meet your need with grant money, which need not be repaid. However, our funds are always limited. We expect that at least a part of all awards will be as a grant, as we require all applicants to apply for the FPG also, all applicants are considered for the Board of Governors Fee Waiver (BOGFW).Whether or not you receive grant aid other than the FPG is indicated by your own financial need, plus the availability of funds.

If funds allow, a truly needy student might receive an FSEOG and if an EOPS student, an EOPS grant. How­ever, this cannot be guaranteed, due to fund limitations and legal restrictions.

Let’s take an example: Presume that you are a freshman student who will live at home. The college budget for this category of student is $11,238 for the academic year as a full time student.

Therefore: College Budget $11,238
LESS: Effective family Contrabution (EFC) 0
  Financial Need $11,238
LESS: BOGW $762
LESS: Federal Pell Grant $5,550
  Remaining Financial Need $4,962

If funds allow, we could meet this remaining need by awarding an FSEOG for $600 plus a Federal work-study job of $3,000. If you prefer a loan, there are additional steps that you must do. First, you must accept the award package that includes the grant funding. Complete and submit a Loan Request Form to the SFASO to determine your eligibility and the amount of loan money.

As another example, let us take the same case but this time assume a higher parental contribution.

Therefore: College Budget $11,238
LESS: Effective family Contrabution (EFC) 2,926
  Financial Need $11,238
LESS: BOGW $762
LESS: Federal Pell Grant $2,600
  Remaining Financial Need $4,950

 

This need could be met by a $3,000 Federal work-study job or a Federal Stafford Loan. Complete and submit a Loan Request Form to the SFASO to determine your eligibility and the amount of loan money.

 

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Saddleback College is located at 28000 Marguerite Parkway, Mission Viejo, California 92692 • (949) 582-4500
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