Stair railing in Science Building

Financial Aid

Financial Aid FAQs

Where are you located?

 

Financial Aid is located in the Enrollment Center (room 1020) in Sage Hall. 

 

What are your office hours?

 

We are open Monday – Thursday, 8:30 am to 5:30 pm and Friday, 8:30 am to 5:00 pm.

 

 

How do I apply for financial aid?

 

To apply for financial aid, students are required to complete and submit a Free Application For Student Aid (FAFSA) to the Central Processor. Or you may file your FAFSA online at www.fafsa.ed.gov. Once this form has been processed, you will receive a Student Aid Report (SAR). Students should review the information on their SAR and keep it for their records.

 

 

Do I need to submit tax forms?

 

The Financial Aid office will send a document request letter if you are required to submit your tax return(s). The federal government performs a random selection of applications in order to verify that the information submitted on the FAFSA is accurate. If your application was selected for this process, then you will be asked to submit your parents' and/or your federal tax return(s) along with a Verification Form.

 

 

What type of financial aid is available?

 

Based on your calculated financial need, you will be considered for grants, loans, and/or student employment. The federal programs are: Federal Pell Grant, Supplemental Educational Opportunity Grant, Federal Perkins Loan, and Federal Direct Loan. The State of California offers to its residents: Cal Grant A, Cal Grant B, Cal Grant T (a GPA verification Form is required), and a State University Grant.

 

 

How do I apply for scholarships?

 

The University offers a variety of institutional scholarships based on a student’s academic record. Scholarship applications are usually available in the Financial Aid office by mid-January via our website: http://www.csuci.edu/financialaid/scholarships.htm.  The deadline for University scholarships is March 2. By completing the CSU Channel Islands scholarship application, you will be applying for all of the university scholarships available. Please note that you must also submit a Free Application for Student Aid (FAFSA) to be eligible for university scholarships. Another source for scholarships is available online at http://www.fastweb.com/.

 

 

When will I receive my financial aid check?

 

If you are enrolled in the proper number of classes and all of the required documents are received in the Financial Aid office, you will be mailed your balance check during the first week of classes.

 

 

If I do not live with my parents, will I be considered an independent student?

 

NO. Whether you reside with your parents or not, the federal government has specific criteria to determine your dependency status. You will be considered an “independent” if you are: a) an undergraduate student and 24 years old; b) have dependents other than a spouse; or c) are a graduate student. There are, however, specific situations that can determine “independent” status for undergraduates younger than 24 years of age on an individual basis, which require special review and required documentation by a financial aid counselor.

 

 

How do I apply for a student loan? Is there a separate application?

 

When you apply for financial aid, you will automatically be considered for a student loan. CSUCI does not require a separate application. There are three types of loans programs offered at CSUCI: Federal Stafford loans, Grad PLUS loans, and Parent PLUS loans. Each of these loans offer different terms and interest rates.

 

 

What is Federal Work Study and how do I apply?

 

The Federal Work Study (FWS) program provides funds for employing students who qualify for financial aid. If you qualify for FWS, application instructions will be included in your offer letter. FWS does not guarantee job placement to all who are offered participation in this program. FWS students work in a variety of jobs, both on and off campus, and are paid once a month. Students may not work more than 20 hours per week while classes are in session.

 

 

What is Satisfactory Academic Progress (SAP)?

 

Satisfactory Academic Progress (SAP) is the process in which the Financial Aid office monitors whether a student is in good academic standing. This is determined by reviewing the following standards: 1) the number of cumulative units a student attempts vs. the number of units earned; 2) the total number of undergraduate units completed are not in excess of 150 units for undergraduate students or not more than 48 units for graduate students.

 

 

What is CSU Channel Islands’ federal Title IV school code?

 

The federal school code for CSU Channel Islands is 039803.

 

 

What is an Entrance Interview session?

 

If you plan to borrow a student loan, federal regulations require that students complete the online  Entrance Interview session at: www.edfund.org. The purpose of this session is to provide students with information about the Federal Family Education Loan Programs. Discussion will include information about student’s rights and responsibilities, repayment options, deferments, and the consequences of default.

 

 

What happens to my financial aid if I decide to withdraw from the University?

 

Students are required to notify the Financial Aid office before withdrawing from all classes. This must be done so that a student’s financial aid eligibility can be reevaluated. If you withdraw prior to the end of the semester, you will be expected to repay the funds which exceed those expenses required to cover your educational and related living expenses for that portion of the semester which you were enrolled. Any fee refunds due you from the campus will automatically revert to the financial aid account(s) from in which they were disbursed.

 

Revisions based on complete withdrawal will be made in accordance with Federal Title IV Return of Funds regulations. Title IV refunds and repayments are calculated on the basis of the period of enrollment for which the student was charged. The University determines whether any portion of refund will be returned to a Title IV program and whether a disbursement, made directly to the student, is entitled to a refund. For more information, download the document: "Treatment of Title IV Aid When a Student Withdraws",(PDF, 33KB)

 

 

What does it cost to attend CSU Channel Islands?

 

University fees are charged based on your enrollment status. For the spring 2007 semester:

Residents:               

      Undergraduate Full-time (6.1 units or more)             =    $1,490

      Undergraduate Part-time (0 to 6.0)                          =    $   962

Non-Resident Fees = $339 per unit

 

For mor information, visit our Cost of Attendance website.

 

What is the financial aid deadline?

 

The priority filing deadline is March 2. The FAFSA must be postmarked by this date to receive priority consideration for funds.

 

 

What if my (and/or my parent's) income has been reduced since I filed the FAFSA?

 

Complete and submit an Income Adjustment Appeal Form to the Financial Aid office. With your appeal you must submit a copy of your (or your parents) final paycheck stub, documentation of unemployment benefits, and an estimate of earnings income for the remainder of the calendar year. An adjustment to your contribution will then be based on the projected 2007 income (January 1 – December 31, 2007) instead of 2006 income.

 

 

Where can I get my loan deferment form completed?

 

Submit your loan deferment form to the Records and Registration office (Sage Hall, Enrollment Center) for completion.

 

 

How do I contact the Financial Aid office?

 

Address:   CSU Channel Islands

                Attn: Financial Aid Office

One University Drive

Camarillo, CA 93012-8599

 

Phone:     (805) 437-8530, TDD (805) 437-8510

Fax:         (805) 437-8509

 

Email:      financial.aid@csuci.edu 

Website:  http://www.csuci.edu/financialaid/