Welcome to Central Arizona College Financial Aid
The federal government places primary responsibility of educational costs on the student and the student's family. The student and the student's family are expected to contribute financially toward the student's cost of attendance (COA). The expected family contribution (EFC) is based on the family's income and assets, and it is not uncommon for an expected family contribution to be zero. Costs in excess of the expected contribution are considered financial need. COA-EFC=Need.
As the cost of education continues to rise, decisions on how students and parents will pay for college become very important. Sources of assistance, such as Federal Financial Aid or scholarships, can help cover some of these expenses. Students and parents should begin determining how they will meet outstanding educational costs with family resources such as earnings, savings etc. You may use the Net Price Calculator/Estimator to get an approximate amount of your educational cost here at Central Arizona College.
These web pages are intended to help you discover the many financial aid opportunities that are available at Central Arizona College. They will help you understand the various types of aid - grants, scholarships, loans, waivers and work-study. Also, they will help guide you through the financial aid process and explain the sometimes confusing language of financial aid.
Central Arizona College presently offers the following federal financial aid programs:
Federal Pell Grant
Federal Supplemental Educational Opportunity Grant
Leveraging Educational Assistance Partnership Grant
Federal Direct Stafford Loan
Federal Direct PLUS Loan
Students with an EFC of 5082 or greater
Your eligibility is limited to federal direct student loans. If intrested, please initiate the process by visiting our student loan website: www.centralaz.edu/x1353.xml
Federal Student Aid Information
The Student Guide is available through the Federal Student Aid Information Center.
For more information on Federal financial aid programs, visit Student Aid on the Web or get additional information from the U.S. Department of Education or visit FinAid, The Smart Student Guide to Financial Aid.
For additional information, contact the Federal Student Aid Information Center at 1-800-4-FED-AID (1-800-433-3243), TCC Number 1-800-730-8913.
How to Apply for Federal Financial Aid
The first step in applying for federal financial aid is completing the Free Application for Federal Student Aid (FAFSA). Be sure your application is complete and accurate. Incomplete or incorrect information may delay your application and your financial aid. Students and Parents can use the IRS data retrieval tool to ensure accuracy when completing the FAFSA. The IRS data retrieval tool allows students and parents to import the IRS income information directly to the FAFSA application. The Central Arizona College Title IV School Code is 007283. Students must apply each academic year.
After filing your FAFSA a Student Aid Report (SAR) will be made available for you to review for accuracy and retain for your records. The SAR contains the EFC figure.
Some applications will be selected for a federally required verification process. You and your family may be required to present copies of the IRS tax transcript and/or other financial documents in order for the financial aid office to verify for accuracy and complete the packaging.
After the financial aid office completes the packaging, it sends an award letter which gives you the types and amounts of aid you qualified for. Also the award terms, conditions, requirements and messages.
Student Eligibility for Federal Financial Aid Programs
To be eligible for federal financial aid, the student must:
- have financial need, (except for some loan programs)
- have a high school diploma, General Education Development (GED) Certificate, or pass a test approved by the US. Department of Education, (see the Financial Aid Office for details on current tests)
- be admitted as a "regular" student according to the admission requirements listed in the college catalog
- be a U.S. citizen or eligible non-citizen
- have a valid Social Security number
- maintain satisfactory academic progress (see below)
- sign a statement of educational purpose and a certification of statement on overpayment and default (on the Free Application for Federal Student Aid, FAFSA)
- register with the Selective Service, if required
- file your income tax return with the IRS, if required
Academic Progress Required for Federal Financial Aid Eligibility
In accordance with federal regulations, Central Arizona College must develop and apply a consistent and reasonable standard of academic progress. The satisfactory progress policy is established to carry out the statutory requirement that a student must be making satisfactory progress to be eligible for funding under the Federal Student Financial Assistance (SFA) programs. Academic progress is evaluated after every semester.
Signal Peak Campus
8470 N. Overfield Road - M102
Coolidge, AZ 85128
Business Hours: 8a.m.-6p.m, Monday through Thursday