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Financial Aid

We are excited you are considering College of the Redwoods (CR) in your educational plans.  CRparticipates in a wide variety of state and federal financial programs to help you reach your educational goals.  If you receive financial aid, it is expected that you will enroll in courses needed to complete your chosen program, work hard at learning, and move responsibly toward successful completion of your educational goal.  When you make a commitment to attend college, you need to plan your resources efficiently and understand the commitment you are making. We understand that the rules that govern financial aid programs can be complicated.  The Financial Aid Office staff is available to assist you through the process and answer any questions you may have. 

IMPORTANTRemember it is your responsibility to stay informed of deadlines and other important information. Check this page regularly for important announcements.  Also be sure to check your student redwoods.edu email account on a regular basis.  This is not the same as the MyCR course management system - to access your email, click on the Student Login link from the bar at the top of the page. 

ANNOUNCEMENTS.

 

FIRST IMPACTED SEMESTER ANNOUNCEMENT SUMMARY- you can click on some of the titles below for more information
  Have questions about financial aid? Click below to watch short videos about important financial aid topics.
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SUMMER 2014

If you were awarded a BOG fee waiver for the 2013-2014 year, it is still applicable for summer.

For information about Pell Grant eligibility for summer classses, click here.

FALL 2013/ SPRING 2014 Federal regulations do not allow financial aid payment for coursework below the Secondary Level, such as Math 372 (effective Fall 2013) and Math 376 (effective Spring 2014).
SPRING 2014 De-registration for non-payment of fees occurs each Wednesday (other than holidays).  It is your responsibilty to ensure your account is up-to-date. 
 

Make sure you have paid any outstanding balances for Fall 2013 Registration. D-REG, the process by which the College de-registers (drops) students from classes for non-payment of tuition and fees, will begin on July 17th and will occur every Wednesday until Fall classes begin. 

Click on the link below for more information:

De-Registration (D-Reg) FAQ

 

New Satisfactory Academic Progress (SAP) codes can now be viewed on WebAdvisor under the "My Documents" section:

There is a code for each semester (SAP Elig Fall 2013, SAP Elig Spring 2014, SAP Elig Summer 2014). These codes will show as MISSING until you are determined to have a SAP status that is eligible for financial aid purposes (either Satisfactory, Warning, or Probation). They are not an actual document that you must submit (your progress is evaluated at the end of each semester, after grades are available). More information about Satisfactory Academic Progess can be found here.

 

PROCESSING TIMELINES for 2013-2014:

It is currently taking 1-2 weeks after forms are received before they will show as received on WebAdvisor (under My Documents).

It is currently taking approximately 4-6 weeks after forms are received before the paperwork is reviewed for eligibility and students are notified by email (in some cases, the email is to request additional information; in other cases, the email indicates that an award letter is updated and ready to view).

Continue to check WebAdvisor and your student email account for changes in your status.

 

 

PRIORITY DEADLINE for 2013-2014:

Priority deadline for COMPLETED financial aid files (FAFSA and all required documents) to qualify for disbursement at the beginning of the fall term (if otherwise eligible) = June 1, 2013. Students may still submit applications after this date, but the first disbursement will be delayed.

SUMMER 2013

Summer Pell Grant Information

SPRING 2013

Financial aid for the spring semester is based on the 2012-2013 FAFSA. Be sure to choose the correct year when applying. 

It is time to start planning to complete the 2013-2014 FAFSA, which is for terms beginning next fall.  Consider waiting until your taxes are completed so you can use the IRS Data retrieval, which can greatly reduce the processing time; however, you should apply by March 2 to be considered for the Cal Grant. Students applying after March 2 will still be considered for the Pell Grant. 

  AB 540 Dream Act -- Under the provisions of AB 131, students who are exempt from paying nonresident tuition under Education Code Section 68130.5 (AB 540) are eligible to participate in the BOG Fee Waiver program for terms beginning on or after January 1, 2013.
FALL 2012 The Financial Aid Office is now located in the lobby of the NEW Student Services/Administration Building (located near the gymnasium and the LRC).
  Have questions about financial aid? Click below to watch short videos about important financial aid topics.
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  IRS Tax Transcript will be required for some students; we are no longer able to accept copies of tax returns.
  BOG Fee Waiver eligibility changes
  Decrease in Maximum Lifetime Eligibility for a Pell Grant - Change from 9 full years to 6 full years of Pell Grant eligibility
  Elimination of the Ability to Benefit (ATB) provisions
  Increase in Direct Loan interest rates
  Elimination of interest subsidy for Direct Loans during the grace period
SPRING 2012 New regulations regarding financial aid eligibility for repeat courses- students are no longer eligible for financial aid for the third attempt of a course

TIPS:

Here are some helpful hints that will assist you during the financial aid process ...

 

Return all requested forms and documents to the Financial Aid Office!

Educate yourself by reading all forms, emails, brochures and documents!

Do apply for financial aid early!

Waiting in line is not necessary, go on-line!

On-time submission of forms, means timely disbursement of financial aid!

On-time disbursement of financial aid means students have met all requirements!

Do check the financial aid website & your student email account regularly for important announcements!

Students are our #1 priority, your success matters to us!

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Disbursements are made through the CR Access Card program. In order to avoid delays in your disbursement, you must activate your CR Access Card online to indicate how you want to receive your funds.  The card will be mailed to you after you have enrolled in classes at CR.  DO NOT THROW THIS CARD AWAY, it is not a credit card. Go to :  www.CRaccesscard.com  to activate your refund preference. For more information, click here for a list of Frequently Asked Questions about the CR Access Card. There is a Higher One ATM on the Eureka Main Campus in the LRC Breezeway.

The funds disbursed to your CR Access Card are disbursed sometime during the indicated disbursement date (normally by noon).  Please be patient and allow for the transfer of funds to be processed.  You will be notified by Higher One once the transfer is complete. Thank you.

Click here for more helpful links regarding financial aid


DISCLAIMER
We provide this information for students, prospective students, and parents to help you make informed choices about your financial aid options.  The information on this web site is compiled from a variety state, federal, and College sources. This information is subject to change due to changes in federal or state regulations, College policy, Financial Aid procedures, or budgeting by any agency supplying financial aid funding.  The information on these web pages is superceded by any federal, state, or College publications.

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Operating Statement: In support of the college's mission and Objective 1.6 of the College of the Redwoods Strategic Plan (Support staff and faculty development and instructional innovation), the Professional Development Committee provides a comprehensive professional development program to include assessment of needs, planning and evaluation of activities.