HOW FINANCIAL AID IS PACKAGED
Once the student’s financial aid eligibility is established, a “package” of aid is provided which may be a combination of grants, work-study, and loan funds.
Grant eligibility is based on the number of units a student is enrolled in at the time of disbursement. Full-time is considered 12 or more units per semester; three quarter time is considered 9-11 ½ units per semester; half-time is considered 6-8 ½ units per semester; less than half-time is 1-5 ½ units per semester.
Federal Pell Grants are scheduled for payments twice a semester. FSEOG and Cal Grants are scheduled for payment once per semester for students enrolled in six (6) or more approved units. Federal Work-Study is paid twice a month. Loans are disbursed twice per loan period.
THE FINANCIAL AID AWARD
FATV Video: What is an Award Letter?
The campus processing the student’s aid produces an Award Letter and Award Guide. These are made available online. The Award Letter lists the COA, the EFC, Total Awards, Resources, and Unmet Need amounts applicable to the academic year. Students may receive revised versions of the original Award Letter throughout the academic year. The revisions may reflect additional fees or allowances added to the cost of attendance, educational resources which must be accounted for, semesters of enrollment (partial year vs. full year and vice versa) changes, and addition or deletion of specific awards. Award letters can be viewed online through the LACCD Student Information System.