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    Guam Community College
   
 
  Aug 20, 2017
 
 
    
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Guam Community College 2017-2018 Catalog

Financial Aid Services



Financial Aid Services

The College believes that each individual should have the opportunity to develop his or her potential to the fullest extent possible. As part of the commitment to that principle, the College makes available financial aid programs which can provide students with money to pay for tuition, books, supplies, transportation and living expenses while they attend college.

Financial Aid

The Financial Aid Office provides information and advice on how students can gain financial assistance from various sources. Such assistance is available to students with financial need through the Federal Student Aid Programs that include Pell Grant, Federal Work Study, and Federal Supplemental Educational Opportunity Grant. The College is also approved to certify Veteran’s benefits. In addition, various independent scholarship programs are available based on a combination of factors such as merit, interest in certain degree programs, and in some cases, need. The College does not administer federal student loan programs. However, the Government of Guam Student Assistance Loan program is available through the office. Applications are available in January and due on April 30 of each year. Students may receive complete financial aid counseling services at the College’s Financial Aid Office located on the 1st floor of the Student Services & Administration Building.

Application Deadlines

The College processes financial aid applications throughout the year. However, most scholarship programs have application deadlines established by the grantor. In the case of Federal Student Aid Programs, students must have completed both the government forms and the entire admissions process at the College in order to qualify. This process should be started well in advance of the semester to be attended in order to prevent delays in payment. Students should complete their applications early to insure maximum awards. No applications will be accepted after the end of the school year. For further information, contact the Financial Aid Office at (671) 735-5544.

Types of Financial Aid

Pell Grant - This is a grant, which does not need to be prepaid. It is based on financial need, and upon maintaining satisfactory progress at the College. Depending on income, students can be eligible for up to $5,550.00 per year for full-time enrollment.

Federal Work Study Program (FWSP) - Students who qualify for the Pell Grant and who still have remaining financial need may sign up for College Work Study as a means of earning income. These awards are made on a first-come, first-served basis until the funds are spent. Job placement is done by the Financial Aid Office. The awards usually range between $500 and $1,000 per year, depending on need.

Federal Supplemental Educational Opportunity Grant (FSEOG) - Students who qualify for the Pell Grant and who fall into the greatest need category may also receive FSEOG awards. Typical awards are around $300 per year.

Veterans Educational Benefits - The College is approved for Veteran’s benefits. Counseling regarding individual eligibility is available either at the Financial Aid Office or at the Veteran’s Administration Offices in Guam. Veterans must comply with established Financial Aid Office policies in order to receive benefits, and must meet established standards of progress.

Federated States of Micronesia Scholarship Programs - The neighboring island states have scholarship funds for their students. The island states have generally made the applications and information available to the College. Students who wish to apply may contact either their island’s scholarship program office, or the Financial Aid Office.

Scholarships - Various private groups and organizations provide scholarships for GCC students. Information about these scholarships is available at the Financial Aid Office and at www.guamcc.edu

Eligibility

Financial Aid, with the exception of gift aid and merit-based scholarships, is awarded on the basis of a student’s financial need. A student’s financial need is defined as the difference between the cost of the student’s education and the student’s resources to meet that cost. In general, a student may be eligible for financial aid under the following conditions:

  • The student can demonstrate that a financial need exists;
  • The student is making satisfactory progress toward a postsecondary educational goal;
  • The student is enrolled as a Declared Student;
  • The student is a U.S. Citizen, U.S. National, U.S. Permanent Resident, a permanent resident of the Federated States of Micronesia, or a permanent resident of the Commonwealth of the Northern Marianas Islands, or the Republic of the Marshall Islands and the Republic of Palau; and
  • The student, if required by federal law, attests to his/her Selective Service status.

Application Procedures-Students must complete the Free Application for Federal Student Aid in order to be considered for any Federal assistance. These applications are available on-line at www.fafsa.ed.gov. Students must apply and qualify annually on the basis of demonstrated financial need. To apply, students should first obtain a personal identification number or PIN at www.pin.ed.gov and then go to www.fafsa.ed.gov to fill out the form or click on the Financial Aid links at www.guamcc.edu, then select the “Financial Aid Checklist” and follow the directions on that list. The Guam Community College school code is 015361.  In addition to the FAFSA, students will need to complete an “Application for Admission as a Declared Student” which is available on the GCC website or at the Admissions desk in the Administration building.

Awards- To be eligible for Title IV funds, a student must be a regular student as defined in section 600.2 of the General Provisions regulations.  A regular student is defined as: “A person who is enrolled or accepted for enrollment at an institution for the purpose of obtaining a degree, certificate or other recognized educational credential offered by that institution.”  Therefore, students are not eligible to receive Title IV assistance for credit hours/course work, which will not count towards the completion for that student’s degree program requirements. Pell grants are awarded by the Financial Aid Office and disbursed at mid-term. Students can view their account information online at www.guamcc.edu.

Student Responsibilities

In order to receive any form of assistance from the Financial Aid Office, all applicants must:

  • Complete all necessary application forms and pertinent documents on or before the established deadlines of each school year.
  • Be admitted as a “Declared Student.”
  • Enroll in a program of study leading towards a postsecondary degree or certificate program. (Adult High School Diploma may be eligible for some financial assistance, e.g., VA Benefits).
  • Enroll in courses required for declared program of study.
  • Satisfactorily meet progress standards for financial aid. (For further explanation, please read the Financial Aid Guide).
  • Inform the Financial Aid Office of any changes that may affect their financial assistance.
  • Pick up award checks on the scheduled disbursement dates.
  • Comply with all other policies established by the Financial Aid Office as described in the Student Handbook and Financial Aid Guide.
  • VA students must have previous education credits/military training evaluated. Submit an evaluation request form along with transcripts, DD-214’s etc. to the Registrar’s office.

Students who fail to comply with the above requirements may jeopardize their eligibility for assistance. Furthermore, students are urged to work closely with their program advisors and/or counselors in planning their course of study at GCC.

For more information regarding Financial Aid, contact:

Financial Aid Office
Guam Community College
P.O. Box 23069
Barrigada, Guam 96921
(671) 735-5543/44
www.pin.ed.gov
www.fafsa.ed.gov

Housing Information

Guam Community College has no housing facilities. The College does not supervise, recommend or assume responsibility for any housing facility. Private housing is available in the community and prospective students should make their own arrangements.