Financial Aid
Notice
Cerro Coso Community College is actively reviewing the various executive orders and
other actions being taken by the new administration in Washington and assessing their
potential impact on higher education. Some of these actions are straightforward, while
others require more intensive analysis.
We understand many of you have questions. At this time, the College can share the following:
- As many news organizations have reported, a memo issued by the federal Office of Management and Budget yesterday (January 27) announced a temporary pause to federal financial assistance programs. The precise scope of this directive is not clear at this time.
- According to information provided today (January 28) by the U.S. Department of Education, no Pell grants or federal student loans would be paused or delayed at this time.
- Our best information as of today is that funding for the federal work-study program also will continue at this time.
- We will continue to monitor any additional federal guidance as it becomes available.
The potential for significant change brings uncertainty and anxiety. As an institution, and as a community that cares, we will work quickly and compassionately to understand the changes, if and how they impact us, and how we intend to move forward in accordance with the law and in support of our students.
Contact Cerro Coso Financial Aid Staff
Estimated Payment Schedules
Financial aid funds are now available through Direct Deposit! To receive your funds, you must select a refund preference with BankMobile Disbursements. For more information, visit this link: BankMobile Disbursements Refund Choices.
PAYMENT DATES AS INDICATED BELOW ARE SUBJECT TO CHANGE WITHOUT PRIOR NOTICE. Pell Grants will be disbursed in two payments each semester (50% in the first disbursement, 50% in the second).
Key Information:
- Payments are based on the funds listed on your Financial Aid Award Notification.
- Each payment will include funds from all programs indicated on your award notification for that disbursement date.
- The funding and disbursement timeline depends on:
- Submitting your financial aid application,
- Completing all required documents and
- Maintaining Satisfactory Academic Progress (SAP).
Important: The dates provided are financial aid processing dates. You will typically receive your funds a few days after these dates, depending on the refund preference you selected with BankMobile Disbursements.
Summer 2025 Schedule
| Month | JUN |
| FEDERAL PELL GRANT | 10 |
Fall 2025 Schedule
| Month | AUG | SEP | OCT | NOV | DEC |
| FEDERAL PELL GRANT | 22 | 12 | |||
| FEDERAL SEOG | 12 | ||||
| CAL GRANTS | 12 | ||||
| COMPLETION GRANT | 12 | ||||
| FEDERAL WORK STUDY | 15 | 15 | 15 | 15 | 15 |
| INST. SCHOLARSHIPS | TBD |
Spring 2026 Schedule
| Month | JAN | FEB | MAR | APR | MAY |
| FEDERAL PELL GRANT | 16 | 6 | |||
| FEDERAL SEOG | 6 | ||||
| CAL GRANTS | 6 | ||||
| COMPLETION GRANT | 6 | ||||
| FEDERAL WORK STUDY | 15 | 15 | 15 | 15 | 15 |
| INST. SCHOLARSHIPS | TBD |
All financial aid payments will be processed through BankMobile Disbursements, a technology solution, powered by BMTX, Inc. If you do not receive your payment within ten (10) days from the date(s) indicated above, please verify that you have selected a refund preference with BankMobile Disbursements and that the address in your profile is accurate.
You will be notified from Bank Mobile when they have funds ready for you. You may check your awards/refunds within your InsideCC account.
No Financial Aid Adjustments to Fall 2025 Awards After September 8, 2025 and Spring 2026 Awards After February 2, 2026 Due to Census/Enrollment Freeze
Late start classes that were registered after 09/09/24 for Fall 2024, 02/03/25 for Spring 2025, and 06/09/25 for Summer 2025, will not be included in a continuously enrolled student's total enrollment for financial aid purposes. Therefore, if you make changes to your course load after this date, you will not see an increase/decrease to your total financial aid for the term. Please note that new students who have just registered for a late start course (who were not attending any courses at the start of the term) can still be awarded Pell, the Promise Grant (BOG) Fee Waiver and potentially more if they enroll now. However, we do encourage that you visit our Virtual Lobby should you feel that changes to your course load were a result of an extenuating circumstance.
How will adjusting my course load after the freeze date affect my financial aid?
| New Student | Continuously Enrolled Student |
|---|---|
| A newly enrolled student that was not attending courses at the start of the term. | A student that was currently attending courses at the start of the term and has added courses after 09/09/24 for Fall 2024 and 02/03/25 for Spring 2025. |
| California Promise Grant (BOG) will be awarded to the student (if eligible) to cover tuition costs | California Promise Grant (BOG) will be awarded to the student (if eligible) to cover tuition costs |
| Pell Grant can be included up to eligibility | Pell Grant will not be adjusted after 09/09/24 for Fall 2024 and 02/03/25 for Spring 2025, and 06/09/25 for Summer 2025 |
**Completion of the FAFSA/Dream Act Application will check student eligibility for multiple awards and should be completed by all students ASAP
Financial Aid is For You!
The financial aid office offers a complete array of financial support services which are designed to help YOU with the educational related expenses involved in obtaining your educational goal.
We will assist you with the process of applying for and receiving financial aid through federal, state, institutional and private organizations to support your success!
FINANCIAL AID
There are several types of aid offered at Cerro Coso College which are funded from federal and state agencies and private organizations. The major categories are:
- SCHOLARSHIPS - Awards based on scholastic achievement and other criteria. These awards do not require repayment.
- GRANTS - Awards based upon financial need. They do not require repayment.
- WORK STUDY - Opportunity to earn money for school through part-time employment.
- LOANS - For you and/or your parents to help pay for educational expenses. Requires repayment.
Check Your Status
If you have already applied for Financial Aid and would like to check your status, follow these steps:
- Log into your Inside CC account
- Click on Financial Aid.
- Click on Eligibility.
- Select the current Academic year.
- If you have documents that must be submitted, you will be prompted to click the Verification Connection link.
- Create your account utilizing your student email. Be sure to use the same name you used to complete your FAFSA and your student email.
What is Financial Aid?
Financial aid is money awarded to help you meet your educational expenses. There are many types of aid offered at Cerro Coso, funded by federal and state agencies and private organizations and are either need-based or non-need based. The major types are grants, scholarships, work study, and loans.
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