Connecticut State Colleges and Universities
Charter Oak State College Official Catalog

Applying for Financial Aid

The Office of Financial Aid at Charter Oak State College realizes that financing an education can be an expensive endeavor and we are 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. With this said, we encourage all eligible students to apply for financial aid.

  1. Students can begin the application process by checking the eligibility requirements for federal student aid and by visiting Federal Student Aid for additional information. To receive financial aid at Charter Oak State College, a student must:

    • Be matriculated into a degree granting program. For federal loans a student must be enrolled at least half-time (6 or more credits).
    • Comply with federal and state regulatory requirements, as well as College polices and procedures.
  • Please note that financial aid does not cover the admissions application fee, undergraduate or graduate admissions deposit, late registration fee, payment plan set-up fee, bad check fee, non-credit or non-degree applicable courses, COSC exams, CLEP/DSST testing, proctoring fee, transcript fee, graduation fee, diploma replacement fee, credential fees, contract learning fees, credit registry fees, portfolio assessment fees, non-credit assessment fees, practicum fees, Connecticut credit assessment program (CCAP) review, or certificate program costs.
  • At the time of this publication for academic year 2018-2019, there is no federal or state aid for undocumented students. Students are encouraged to seek scholarship opportunities from private sources.  CT Students for a Dream is a resource available to undocumented students with an active list of scholarship resources. 
    • Please watch for announcments from the Connecticut Board of Regents for Higher Education regarding Senate Bill 4 (An Act Assisting Students without Legal Immigration Status Wtih The Cost Of College) which was signed into law by Gov. Malloy on April 27, 2018.
  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.

    • To allow adequate time for processing, students should file the FAFSA as soon as possible after October 1st, with a recommended priority deadline date of April 1st for the fall semester.
    • This priority date ensures that the College 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 as soon as possible to be considered for financial aid that is still available.
    • The six-digit federal school code for Charter Oak State College is 032343.
  2. IRS Data Retrieval Tool (IRS DRT) 2018-2019 Cycle:

    • Beginning October 1, 2017, the IRS DRT will be available for students to use with the 2018-2019 FAFSA application.  Additional security and privacy protections have been added to address identity theft concerns.  Due to these concerns, tax information transferred from the IRS onto the FAFSA application will not be visible to the applicant.  Students and parents will see "Transferred from the IRS" in the appropriate fields as displayed below:

Screen shot of FAFSA page indicating 'You have successfully transferred your 2016 IRS tax information' and showing three FAFSA questions with 'Transferred from the IRS' next to them.

 4.   What Happens after the FAFSA is Completed?

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 College's Office of Financial Aid.

  1. 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.
  2. Students should also log into their ACORN account, "My Financial Aid" portal to access missing documents, check messages, and to accept/reduce/decline financial aid awards.
  3. If it is determined that a student is eligible for financial aid, an award notification will be sent to the student. Student's should follow all instructions provided in the notification in order to access their financial aid award and other funding requirements.

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