A FAFSA Submission Summary is a receipt of all the information that you have supplied to the Department of Education. The Department of Education will email you a FAFSA Submission Summary to the email you listed on your FAFSA. It will also tell you if there are any errors that you need to correct. If there are errors, you will need to log in to your FAFSA and make those as soon as possible. If your application was rejected, it will be noted on the FAFSA Submission Summary and UCC will not accept it until it is corrected.

Your FAFSA Submission Summary will also give you an estimate of how much financial aid you have been offered. Please be aware that this is merely an estimate and not a financial aid offer letter. You will only receive a financial aid offer when you’ve completed all the steps at UCC.

Even if you don’t have any errors, reviewing your FAFSA Submission Summary for any typos is a very good idea. It will really help expedite the financial aid process and prevent delays in payments.

About 30% of all FAFSAs are randomly selected for verification. It is a process by which the Department of Education requires Umpqua Community College to collect and review some additional information. We will send you an email with instructions on how to access and resolve these requirements.

Verification Worksheet

The verification worksheet is comprised of sections that will ask you about your family size and if you filed taxes for the selected year.

Tax Information

The best way to provide your tax information is by the direct data exchange (DDX) on the FAFSA. If you can link your FAFSA with the IRS information, it will save you a lot of time. Otherwise, you will have to submit either a signed copy of your 1040 tax return or a tax return transcript from the IRS. See information regarding Requesting a Tax Transcript or Get a Verification of Non-filing Letter from the IRS.

Your financial aid offer may consist of grants and loans. The college assumes that you would like the ‘free’ grant money. But, if you want a loan, you will need to accept it and complete the loan requirements. When your financial aid offer package is ready, we will send you an email to your UCC student email with instructions on how to access it.

You will need to acknowledge the terms and conditions of your aid offer to finalize your financial aid. You are responsible for understanding your rights, responsibilities, and the conditions of your financial aid offer. Once you review the terms and conditions, you may view your offer letter and accept your loans if you desire.

There are three basic types of financial aid you receive from filing a FAFSA: grants, work study, and student loans. Typically, students are offered a combination of these financial aid offers. Students must apply for financial aid each academic year to be considered for the types of aid listed below. Some program funding is limited, therefore, students should apply as soon as possible each year for the upcoming academic year.

Grants:

Federal Pell Grant: This need-based program is available summer, fall, winter, and spring terms.

• Award is prorated for less than full-time enrollment levels. (see Enrollment Intensity Chart)
• Students may receive up to 150% of the scheduled Pell award in the aid year.
• Lifetime limit of six full-time years (600%).

Federal Supplemental Educational Opportunity Grant (SEOG): This is a need-based program and is available summer, fall, winter, and spring terms.

• Must be enrolled at least half-time.
• Students must apply for financial aid early each year and demonstrate exceptional financial need.

Oregon Opportunity Grant: Administered by the Office of Student Access and Completion (OSAC). Available fall, winter, and spring terms.

• Must be enrolled at least half-time.
• The award is reduced by half for students enrolled in 6-11 credits.
• Lifetime limit of four full-time years.

Oregon Promise: Administered by the Office of Student Access and Completion (OSAC). Find out more about this grant and up-to-date information at Oregon Student Aid. This grant is available fall, winter, and spring terms.

• Attend at least half-time at an Oregon community college within 6 months of high school graduation or GED completion.
• Award is prorated based on enrollment level.
• Limited up to 90 attempted college credits.

Work Study:

Federal Work Study (FWS): This is a need-based program and is available summer, fall, winter, and spring terms. Employment opportunities are available on and off campus.

• Must be enrolled at least half time.
• Students must apply for financial aid early each year and demonstrate financial need.
• Additional steps are required to accept and complete the FWS offer.

Student loans can be a very effective tool to help you complete your education in a timely fashion. But, if you overborrow, they can become a real headache after you graduate. There are a few types of loans you can take out at UCC. Additional steps are required to receive your loan disbursement.

Federal Direct Subsidized Student Loans

These are the only loans that UCC will offer you as part of your initial financial aid package. These are the best student loans because the Department of Education pays the interest on the loan while you’re in school and during your grace period.

• Must be enrolled in at least half time (6 credits).
• Annual and aggregate limits

Federal Direct Unsubsidized Student Loans

These are not as good as subsidized loans because the interest starts accruing the minute you get the loan. The good news is that they have a low, fixed interest rate and are available to almost any student, regardless of how much money is reported on their FAFSA. This is a requested student loan.

• Must be enrolled in at least half time (6 credits).
• You will need to submit a Loan Request and Revision form
• Annual and aggregate limits

Alternative Student Loans

These alternative loans should only be taken out in emergencies or when all other aid has been exhausted. They can have variable interest rates and may not have the same protections that federal student loans have, like deferment and loan forgiveness. UCC does not have a preferred lender list, but most banks and financial institutions have student loans available. Be sure to ask lots of questions if you are considering taking out a private student loan.