Financial Aid

Financial Aid
Financial Aid
Cost of Attendance
Financial Aid
Satisfactory Academic Progress Policy
Student Loans
Return of Financial Aid Funds Policy
WA State Conditions of Award
2024-2025 Financial Aid Updates
Financial Aid
Cost of Attendance
Financial Aid
Satisfactory Academic Progress Policy
Student Loans
Return of Financial Aid Funds Policy
WA State Conditions of Award
2024-2025 Financial Aid Updates
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Pay For College
Financial Aid
Follow these steps!
1. Apply for financial aid:
The FAFSA application:
The Free Application for Federal Student Aid (FAFSA) provides financial aid for U.S.
citizens and eligible non-citizens, such as permanent residents. Visit
the FAFSA website
to create your FSA ID and to complete your application.
The WASFA application:
The Washington Application for State Financial Aid (WASFA) is for DACA or undocumented
students. Visit the
Washington Student Achievement Council website
to complete your WASFA application.
Need help determining which financial aid application to file? Answer a few quick
questions to learn more:
WASFA Questionnaire
.
2. Look for an email from CBC Financial Aid for further instructions:
You will be able to check the status of your financial aid in your ctcLink Student
Center under Financial Aid.
Financial Aid Navigation:
Student Center (Full Site)
> Login to ctcLink > Student Homepage > Financial Aid
3. Submit all requested documents in-person at
Hawk Central
or fax to 509-545-3996:
Please respond to any requests for additional information and documents found on your
to-do list as soon as possible. Incomplete files will cause a delay in reviewing your
file.
Priority Processing Dates:
Fall Quarter: April 15
Winter Quarter: October 15
Spring Quarter: January 15
Summer Quarter: April 15
Applications are still processed past these dates in the order we receive them. Complete
your application as soon as possible to maximize your eligibility.
Priority is given to students enrolled in classes, so be sure to register early!
The Financial Aid office will accept documents for the current aid year through
August 1st
of each year.
To-Do List Navigation:
Student Center (Full Site)
> Login to ctcLink > Student Homepage > Tasks (To-do List)
4. Monitor your email and ctcLink Student Center for financial aid award information
or additional requirements.
Financial Aid Navigation:
Student Center (Full Site)
> Login to ctcLink > Student Homepage > Financial Aid
To-Do List Navigation:
Student Center (Full Site)
> Login to ctcLink > Student Homepage > Tasks (To-do List)
5. Check your email for award information and expected aid. Email
Financial%20Aid
if you will enroll in less than 12 credits so your award can be adjusted.
To be considered for Summer quarter financial aid, students
must
be registered for summer classes.
6.
BankMobile Disbursements web page
for financial aid disbursements.
What types of financial aid are available?
After completing your FAFSA or WASFA and all other additional requirements listed
in your to-do list, your application will be reviewed to determine if you qualify
for any of the following types of financial aid:
Grants
Grants are a type of financial aid that is awarded to students based on financial
need. It is considered “gift aid” which means it does not have to be repaid. CBC awards
federal, state and institutional grant funds to eligible students.
Federal Grants
Federal Pell Grant: Federal need-based grant program for undergraduate students. It
is available for full- and part-time students. For students who qualify, the grant
can be used for degree-required classes for a maximum of six years (or 18 quarters)
of full-time attendance.
Federal Supplemental Educational Opportunity Grant (FSEOG): Students who are Pell
recipients with the most financial need may be eligible for this grant.
WA State Grants
WA College Grant: Formerly called the WA State Need Grant, this is a need-based grant
available for undergraduate students who are also Washington State residents and are
enrolled in a minimum of three credits per quarter. For students who qualify, the
grant can be used for degree-required classes for a maximum of 15 quarters of full-time
attendance.
College Bound Scholarship: An early commitment program of Washington State financial
aid to eligible students who sign up in middle school, demonstrate financial need
and fulfill the scholarship pledge.
Passport to College: This program helps with the cost of attending college for students
who were foster youth and dependents of the state.
You are required to comply with specific conditions If you are a WA state aid recipient.
Learn more
Institutional Grant
CBC Grant: CBC uses a portion of tuition revenue to reinvest in its students through
the CBC Grant. This grant can be used to help with the cost of tuition, fees, books
and other educational expenses. Eligible students must be Washington State residents,
have financial need and be enrolled in a minimum of three degree-required credits
each quarter.
Work Study
Work Study provides students with financial need an opportunity to apply for part-time
(up to 19 hours per week) on-campus Federal Work Study and off-campus State Work Study
jobs. Most of the students who are employed at CBC have Work Study awards. Work Study
jobs allow students to work to earn money while attending classes. This kind of student
employment may also offer valuable career-related experience. CBC employers/supervisors
will accommodate students’ class schedules to provide the flexibility that allows
for a focus on education.
To apply for either Federal Work Study (FWS) or State Work Study (SWS) positions,
visit our
Student Employment webpage
.
Student Loans
Student loans are funds that can help students with any college-related expenses that
are borrowed and must be repaid after graduation or otherwise leaving the college.
Learn more
Financial Aid FAQs
Am I eligible?
Most financial aid programs (grants, work study and student loans) require that an
applicant/student have “financial need”. Financial need is determined by subtracting
the “Student Aid Index” (SAI) from the estimated “Cost of Attendance” at the college.
Cost of Attendance (COA):
The total estimate of direct and indirect educational expenses, such as tuition,
fees, books, room/board and transportation.
Student Aid Index (SAI):
A number calculated from the financial information provided on the FAFSA or WASFA,
such as household size, income, and assets. Colleges use the SAI to determine eligibility
for federal student aid programs. The SAI is an eligibility index, not the amount
the family must pay or the exact amount of aid the student will receive.
Financial Need:
The difference between COA and SAI, which represents the amount of college-related
expenses that is not covered by the amount a family can reasonably contribute. In
other words, it is the amount that financial aid can help with.
Satisfactory Academic Progress:
In addition to meeting other financial aid eligibility criteria, you must meet and
maintain satisfactory academic progress to be eligible for financial aid funding such
as federal, state or institutional aid. The Financial Aid Satisfactory Academic Progress
Policy (see more information about this policy under "What happens if I withdraw from
a class?" below) applies to all quarters of enrollment at CBC, regardless of how tuition
is paid. Satisfactory academic progress is evaluated for all financial aid recipients
at the end of each quarter of enrollment. You are responsible for understanding the
Satisfactory Academic Progress requirements.
How will I receive financial aid?
CBC delivers your refund with BankMobile Disbursements, a technology solution, powered
by BMTX, Inc.
Select your refund preference with BankMobile Disbursements. Visit
the BankMobile Disbursements web page
for more information.
To view our third-party servicer contract for refund management, click
here
.
How much does it cost to attend CBC?
The cost of attendance is an estimated student budget that includes tuition & fees,
books and living expenses. These costs can vary depending on enrollment level and
lifestyle choices.
Learn more
What if my financial situation has changed?
If your or your family’s (for dependent students) financial situation has changed,
you may be eligible to submit a Special Circumstances petition for your aid to be
reviewed for possible adjustments. Special circumstances include loss or change of
employment, divorce, death in the family, etc.
For more information, contact
Hawk Central
today.
What happens if I don't pass a class?
There are many factors that will determine the outcome of not passing a class(es),
depending on your situation:
Satisfactory Academic Progress (SAP) Policy for Financial Aid
All students receiving federal, state or institutional financial aid must maintain
satisfactory academic progress to remain eligible for financial aid funding. Satisfactory
academic progress is evaluated for all financial aid recipients at the end of each
quarter of enrollment. The Financial Aid Satisfactory Academic Progress Policy applies
to all quarters of enrollment at CBC, regardless of how tuition is paid, and is based
on two standard measures: Qualitative (grade-based) and Quantitative (time-based).
LEARN MORE
What happens if I withdraw from a class?
Are you considering withdrawing from a class? We recommend you meet with your counselor
or completion coach and your instructor first. You should also review the CBC withdrawal
policy.
If you are receiving financial aid, please contact the Financial Aid Office prior
to withdrawing. Withdrawing from a class(es) may result in:
A suspension of your eligibility for future financial aid (see our Satisfactory Academic
Progress policy) and
Owing a repayment of financial aid
Learn more
Can I get help managing my finances?
Yes! We’ve teamed up with iGrad to help you manage your money. iGrad offers videos,
calculators, articles, recommendations, games and other resources that can help improve
your finances. Their suite of interactive tools is designed to provide you with knowledge
on a variety of topics including budgeting, financial aid, banking, investing and
more.
The programs will assist you in answering questions on paying for college, managing
your money and preparing for your future.
Get Started
For those who do not have a MyCBC account,  begin by visiting
the iGrad website
to sign up. Once you log in, you will have access to iGrad’s content, tools and courses.
Can I get help managing my student loans?
Yes! We’ve teamed up with Solutions at ECMC to answer all of your student loan repayment
questions. Solutions is a service of the non-profit organization ECMC and is dedicated
to helping you manage educational loans. Their resources are available to you free
of charge. To contact a Solutions Student Loan Repayment Advisor, visit
the ECMC webpage
for email or web chat, or call them at 877-331-3262.
What happened to the Financial Aid Portal?
In April 2022, CBC transitioned to a new and improved mobile-friendly system called
ctcLink. You can monitor your financial aid and additional requirements in your
ctcLink Student Center
.
If you need access to past award information, please contact the Financial Aid office.
Financial aid forms
Financial Aid petition
Satisfactory Academic Progress Petition
Other types of aid:
BFET
CAMP
Opportunity Grant
Student Support Services
Scholarships
Veteran's Education Benefits
Worker Retraining
WorkFirst
Fast Facts
$22m
Total Financial Aid Awarded Last Year
4,759
Total Students Awarded Financial Aid Last Year
4,600
Average Student Financial Aid Awarded Last Year
$1.5m
Total Scholarships Awarded Last Year
contact
Email:
financialaid@columbiabasin.edu
Phone:
509-547-0511
Fax:
509-545-3996
Address:
2600 N. 20th Ave., Pasco, WA 99301
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