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Applying for Financial Aid

Applying for Financial Aid

 

The Office of Financial Aid at Charter Oak State College understands that financing an education can be an expensive endeavor.  Charter Oak is committed to helping students find the resources necessary to complete their education. Financial assistance may include grants, scholarships, and loans. Financing is also available through the College's Payment Plan.  All students are encouraged to apply for financial aid.

Students can begin the application process by checking the eligibility requirements for federal student aid and by visiting Federal Student Aid for additional information.

Note:  Charter Oak's six digit federal school code is 032343.

To receive financial aid at Charter Oak State College, a student must:

  1. Be matriculated into a Title IV eligible degree granting program.
  2. Comply with federal and state regulatory requirements, as well as Charter Oak polices and procedures.
  3. At this time, undocumented students do not qualify for state or federal financial aid.  Under state law, undocumented students may be eligible to receive institutional financial aid.

Other important information:

  1. Students must complete the Free Application for Federal Student Aid (FAFSA) each year in order to be considered for federal, state, and institutional financial aid.

  2. Use the IRS Data Retreival Tool (DRT) to electronically transfer federal tax return information to the FAFSA form. 

  3. To allow adequate time for processing, students should file the 23-24 FAFSA as soon as possible on or after October 1st, with a recommended priority deadline date of April 1st for the fall semester.  This priority date ensures that the Office of Financial Aid can review and determine a student's eligibility for financial aid before the semester's payment due date.  If the priority date is missed, students should apply for financial aid as soon as possible to be considered for funding that may be limited, such as institutional and state grant aid.   

Once a FAFSA is processed by the U.S. Department of Education, a Student Aid Report (SAR) is generated and sent to the student. The SAR summarizes all of the information listed on the application. Student's should review their SAR data to make sure information is correct and make changes at the FAFSA  website.

The results of a student's FAFSA will also be sent to the Office of Financial Aid.

  • Students are required to check their Charter Oak email on a regular basis to monitor the status of their financial aid and to respond to requests for additional information.
  • Students should also log into MyCharterOak, "Financial Aid" tab and click on  "My Financial Aid" to access missing documents, check messages, and to accept/reduce/decline financial aid packages.
  • If it is determined that a student is eligible for financial aid, an email notification will be sent to the student. Students should follow all instructions provided in the notification in order to access their financial aid package and complete applicable fund requirements.

Note: All student financial aid eligibility issues must be resolved prior to packaging aid. FAFSA applications that are incomplete, have conflicting or discrepant data, or require additional information cannot be processed. Students are responsible for checking the status of their financial aid application and may be required to submit additional documentation to validate data from any source.

* Only degree applicable tuition and fees are eligible for financial aid.  Financial aid does not cover the admissions application fee or the graduate program deposit fee. On a case-by-case basis, eligible undergraduate students may receive an undergraduate deposit deferral waiver. Only students enrolled in a U.S. Department of Education approved certificate program are eligible for federal financial aid. Students are encouraged to contact the Office of Financial Aid to confirm if their certificate program is Title IV aid eligible. 


Applying for Financial Aid

 

The Office of Financial Aid at Charter Oak State College understands that financing an education can be an expensive endeavor.  Charter Oak is committed to helping students find the resources necessary to complete their education. Financial assistance may include grants, scholarships, and loans. Financing is also available through the College's Payment Plan.  All students are encouraged to apply for financial aid.

Students can begin the application process by checking the eligibility requirements for federal student aid and by visiting Federal Student Aid for additional information.

Note:  Charter Oak's six digit federal school code is 032343.

To receive financial aid at Charter Oak State College, a student must:

  1. Be matriculated into a Title IV eligible degree granting program.
  2. Comply with federal and state regulatory requirements, as well as Charter Oak polices and procedures.
  3. At this time, undocumented students do not qualify for state or federal financial aid.  Under state law, undocumented students may be eligible to receive institutional financial aid.

Other important information:

  1. Students must complete the Free Application for Federal Student Aid (FAFSA) each year in order to be considered for federal, state, and institutional financial aid.

  2. Use the IRS Data Retreival Tool (DRT) to electronically transfer federal tax return information to the FAFSA form. 

  3. To allow adequate time for processing, students should file the 23-24 FAFSA as soon as possible on or after October 1st, with a recommended priority deadline date of April 1st for the fall semester.  This priority date ensures that the Office of Financial Aid can review and determine a student's eligibility for financial aid before the semester's payment due date.  If the priority date is missed, students should apply for financial aid as soon as possible to be considered for funding that may be limited, such as institutional and state grant aid.   

Once a FAFSA is processed by the U.S. Department of Education, a Student Aid Report (SAR) is generated and sent to the student. The SAR summarizes all of the information listed on the application. Student's should review their SAR data to make sure information is correct and make changes at the FAFSA  website.

The results of a student's FAFSA will also be sent to the Office of Financial Aid.

  • Students are required to check their Charter Oak email on a regular basis to monitor the status of their financial aid and to respond to requests for additional information.
  • Students should also log into MyCharterOak, "Financial Aid" tab and click on  "My Financial Aid" to access missing documents, check messages, and to accept/reduce/decline financial aid packages.
  • If it is determined that a student is eligible for financial aid, an email notification will be sent to the student. Students should follow all instructions provided in the notification in order to access their financial aid package and complete applicable fund requirements.

Note: All student financial aid eligibility issues must be resolved prior to packaging aid. FAFSA applications that are incomplete, have conflicting or discrepant data, or require additional information cannot be processed. Students are responsible for checking the status of their financial aid application and may be required to submit additional documentation to validate data from any source.

* Only degree applicable tuition and fees are eligible for financial aid.  Financial aid does not cover the admissions application fee or the graduate program deposit fee. On a case-by-case basis, eligible undergraduate students may receive an undergraduate deposit deferral waiver. Only students enrolled in a U.S. Department of Education approved certificate program are eligible for federal financial aid. Students are encouraged to contact the Office of Financial Aid to confirm if their certificate program is Title IV aid eligible.