Terms and Conditions

• The Office of Financial Aid uses email to direct students to MyFRC’s password protected website for online records access.  Information related to your financial aid status, requests from the Office of Financial Aid for required documents to support your financial aid application data, your financial aid offer/award information, and your satisfactory academic progress.  
• You must accept/decline your aid electronically.  You understand that you can contact the Financial Aid Office regarding alternative methods of communication; and that you can rescind your permission at any time by contacting the Financial Aid Office. 
• You may receive aid from only one school each term. 
• You are responsible for cancelling your registration if you do not enroll or choose not to attend. 
• You are responsible for all charges incurred on your account. 
• Your financial aid award offer is based on full-time enrollment and that your aid may be adjusted based on your actual enrollment. 
• You understand that if you withdraw or receive an “F” and your attendance and/or participation in academic-related activities cannot be confirmed that you may subject to recalculation of your financial aid, which may cause a balance due on your account. 
• The Cal Grant award, if eligible, is limited to four academic years. 
  •  If your educational goal is an associate degree or bachelor degree, then you must successfully complete 15 units per semester, or 30 units per year, within your education plan in order to complete your degree requirements in either 2 years (associate degree) or 4 years (bachelor degree).
  • Cal Grant awardees may elect to receive the full disbursement of their “Access” or “Book and Supplies” awards to use towards educational expenses instead of having it applied to any outstanding balances on the student’s account. By choosing the first option, Cal Grant awardees are responsible to resolve any account balances with their institution. Cal Grant awardees have the ability to rescind option at any time (up to disbursement). Please see your financial aid office for more information.
• An offer of financial aid is based upon anticipated full-time enrollment for the academic year and that offers are contingent on the availability of funds. Payments and Cost of Attendance (COA) may be adjusted for three-quarter time, half time, and less-than-half-time enrollment based on your enrollment as of census date.
• Financial aid offered is available for payment only if you have been officially admitted (not provisionally or conditionally admitted), are enrolled in the required number of units each semester and meet all other requirements.
• Educationally-related funds received from outside sources (i.e. scholarships, fee waivers, etc.) are coordinated with all other aid offered and may result in changes to the types and amounts of financial aid offered by FRC.  Each scholarship program has different obligations that must be met in order to continue receiving the award, awards can be reduced or canceled to incorporate changes.  
• Students must meet Satisfactory Academic Progress (SAP) standards according to the policies established by the Financial Aid Office, which are consistent with federal guidelines. These policies include:  1) meeting the PACE percentage requirement (ratio of units completed to units attempted); 2) maintaining the specified GPA requirement; and 3) completing your degree objective within the maximum timeframe.  Visit http://www.csusm.edu/finaid/policies/sap/index.html to review the full SAP policy.
• Withdrawing from all classes following payment of financial aid, subjects the student to repayment of funds already received based upon Return to Title IV calculations per the U.S. Department of Education.  The federal calculations determine the amount of financial aid earned as of the date of withdrawal from all semester classes.  Withdrawal from all classes may also result in a bill due.  In addition to a potential balance, future eligibility for financial aid may be impacted due to failure to meet Satisfactory Academic Progress standards.
• Financial Aid Office reserves the right to review, modify, or cancel your financial aid award at any time due to changes in financial status, eligibility for financial aid, or changes in federal, state or institutional fund availability.  In addition, financial aid awards may be cancelled, changed, or modified if the aid offered was based on error in determining eligibility for financial aid awarded, regardless of if the error was made by you or FRC. 
• Federal regulations limit the amount students may receive in Pell grant funds to approximately equivalent to six years of full-time awards.
• Federal Direct Subsidized Loan eligibility is limited to undergraduate students up to the full-time equivalency of 150% completion of the degree program (for example, up to 6 years for a 4-year bachelor’s degree).
• Financial aid may not be received for repeating classes more than once in which a grade of D or better has been received.
• Students must re-apply and re-establish eligibility for financial aid each award year.

The Financial Aid Terms & Conditions listed above remain in effect, for the current and future aid years. The Financial Aid Office reserves the right to make necessary updates and will notify students of any changes via email.