Financial Aid Eligibility

Students must first complete the online Free Application for Federal Student AID (FAFSA) to determine eligibility for all federal aid programs. Additionally, students may be considered for the Cal Grant A or B program by completing the FAFSA by March 2 each year and completing all other application requirements as outlined by the California Student Aid Commission. Further details regarding Cal Grant programs and eligibility requirements may be found on the California Student Aid Commission website.

Students in the Online Business degree-completion program may be eligible for Pell Grant, Cal Grant, Middle Class Scholarship, and Subsidized and Unsubsidized Federal Direct Loans. Additionally, parents of dependent students may apply for a Parent Plus loan. Eligibility is based upon family income, assets, and SAI (Student Aid Index), along with academic program costs and standard allowances for room and board, transportation and personal expenses. Your enrollment status will impact the eligibility and amount of the grants. A minimum of half-time enrollment status (6 units) per term is required to receive Direct and Plus Loans. The State University Grant is not available for the Online Business program.

Yes, but funding may be limited. Middle Class Scholarship and Cal Grant is not available in summer. Summer Pell Grant is available if you received a Pell Grant for Fall and Spring. Pell Grant is disbursed based upon enrollment status per term. Students are awarded 2/3 of their annual maximum loan for Fall and Spring, reserving 1/3 for summer attendance. The Summer Session Grant may be available if you are in your fourth year. You will receive an email with a deadline to register for summer for priority consideration.

No additional application is required if you are receiving Financial Aid for the Fall and Spring semesters. Summer is considered a trailer term to the preceding Fall and Spring terms. The Office of Financial aid starts reviewing summer eligibility during the months of April and May, coinciding with summer registration. If you’re not required to enroll for summer during a particular academic year, you are awarded academic year maximums of loan eligibility in the preceding Fall and Spring terms.

Students are subject to academic year maximums for Subsidized and Unsubsidized Federal Direct loans based on their FAFSA dependency status and academic grade level. For details on Federal Direct Loan academic year and undergraduate career aggregate maximums by dependency status, refer to our Federal Loans webpage.

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