Types of Financial Aid | Chandler-Gilbert Community College
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This service has been relocated to the new Coyote Center.

 Financial Aid - Scholarships



​Scholarship Opportunities

The links below list the various scholarship opportunities available to CGCC students.  Be sure to review each section as well as how to apply.  This site is updated regularly as new scholarships become available.
 
Only those with lawful presence in the US may qualify for MCCCD scholarships or federal financial aid.  Any information you provide about your legal status when you apply for financial aid or scholarships may be subject to mandatory reporting to federal immigration authorities under AZ law.
 
Students apply for MCCCD scholarships must submit acceptable documentation as evidence of lawful presence in the US with their scholarship application.  Please review the list of acceptable documents.

​Financial Aid Programs


Name of Program: Federal Pell Grant

Does it have to be repaid?
No
What is it? Who is eligible?
Grant assistance for undergraduate students.  Annual awards range from $585-$5730 (at time of posting)
Student eligibility is determined according to a congressionally mandated formula which computes the expected family contribution.  Students may be eligible at less than half time.  Funds are not limited.

Name of Program: Federal Supplemental Educational Opportunity Grant (FSEOG)

Does it have to be repaid?
No
What is it? Who is eligible?
Grant assistance for undergraduates with exceptional need; priority is given to Federal Pell Grant recipients.  Annual award $1000* maximum
Eligible students must have exceptional financial need, enroll at least half time, and qualify for a Federal Pell Grant.  Funds are limited and awarded on a first come, first serve basis.  Student may be eligible at less than half time.

Name of Program: Federal Work Study

Does it have to be repaid?
No
What is it? Who is eligible?
Part time employment during the academic year. Wage per hour varies based on job description. Students can work up to 20 hours/week.
Eligible students must have a minimum of $2750 of need.  Once they have been notified that they are work study eligible, interested students must contact Career Services.  Funds are limited and awarded on a first come, first serve basis.

Name of Program: Federal Direct Loan

Does it have to be repaid?
Subsidized:  Yes.  Repayment of principal and interest will begin 6 months after student graduates, leaves school, or drops below half time status.

Unsubsidized:  Yes.  Interest is charged from the time student receives their loan until paid in full.  Repayment begins 6 months after student graduates, leaves school, or drops below half time status
What is it? Who is eligible?
A subsidized with a fixed interest rate of 4.66% and/or unsubsidized loan with a fixed interest rate of 4.66%, if the loan was disbursed on or after July 1, 2013.  Annual limits range from $3,500 to $4,500.  Students are eligible for additional loan funds; however, they must complete additional loan counseling if interested.  This additional loan amount ranges from $2,000 to $6,000.
Subsidized: Eligible students must have financial need and enroll at CGCC at least half time (6 credit hours or more).

Unsubsidized: Eligible students must enroll at CGCC at least half time.

Name of Program: Federal Direct PLUS Loan

Does it have to be repaid?
Yes.  Repayment begins 60 days after the full amount has been disbursed.
What is it? Who is eligible?
A loan available to parents of dependent undergraduate students.  This is not a need based loan.  Loans disbursed on or after July 1, 2006 have a fixed 7.21% interest rate.  Maximum amount is cost of attendance minus any other financial aid the student is receiving.
Eligible student must be enrolled at CGCC at least half time and their parents must be approved through the Direct Loan credit check process

Name of Program: Alternative Loans

Does it have to be repaid?
Yes.  Repayment options vary with each lender.
What is it? Who is eligible?
A loan which is available without regard to financial need.   Maximum amount is cost of attendance minus any other financial aid the student is receiving.
Eligibility requirements vary with each lender.  You can review these different requirements at the lenders website.

Grants

Grants are gift aid, which does not need to be repaid, from federal or state sources. They are awarded to students on the basis of need. The various grants available at CGCC are listed below.

Federal Pell Grant

The Federal Pell Grant is awarded to undergraduate students who have not previously earned a bachelor's or professional degree. The size of the award is based on the students' Expected Family Contribution (EFC) and their enrollment status. Students are eligible for the maximum award, as determined by their EFC, if they are enrolled in a minimum of twelve credit hours per semester. Students enrolled in fewer than 12 credit hours will receive a prorated award. The Federal Pell Grant program is an entitlement program, which means if a student completes the financial aid process and is eligible for a Pell Grant they are entitled to that award. These funds are not limited.

Federal Supplemental Educational Opportunity Grant (FSEOG)

The Federal Supplemental Educational Opportunity Grant is awarded to undergraduates who demonstrate exceptional financial need. At CGCC, eligible students must complete the FAFSA, have exceptional financial need, and qualify for a Federal Pell Grant. Funds are limited.  Students who have already earned a bachelor's degree are not eligible for FSEOG assistance.
 

Leveraging Education Assistance Partnership (LEAP) Grant

LEAP is a state grant program that provides financial assistance to students who have financial need. Federal funds are provided to match appropriated state funds supplied by the states on a dollar for dollar basis. At CGCC, eligible students must complete the FAFSA, be a resident of Arizona, and enroll at least half time (6-8 credit hours). Funds are limited and awarded on a first come, first serve basis.
 

​Loans

What is a Loan?

Loans are borrowed funds which must be repaid, with interest, after you are no longer a student. As college costs climb, many families find that supplemental borrowing by the student or parent becomes an important resource for financing educational expenses. When applying for financial aid, the CGCC Financial Aid Office will automatically consider you for student loans if you have indicated an interest in loans on your FAFSA. Please visit the Overview of Programs page for more detailed information on the various loan programs.
There are two basic loan categories:
  1. Need based loans
  2. Non-need based loans

Need based loans 

Need based loans include the Federal Perkins and Federal Direct Subsidized loan.

Non-need based loans 

Non-need based loans include the Federal Direct Unsubsidized Loan, Federal Direct PLUS (Parent) loan, and alternative/private loans.
 
Students interested in the Federal Direct PLUS (Parent) Loan will need to contact our office for additional paperwork. There are also many alternative loans available. Students must apply separately for these loans. In order to apply for alternative loans, you must contact the lender.  The internet is a good place to research alternative loans.  The CGCC Financial Aid Office does not know your specific needs so be sure to review the various lenders carefully. It is the students' responsibility to carefully compare the terms and interest rates of these loan programs.
 
Chandler-Gilbert Community College participates in the Federal Direct Loan Program. In order to be eligible for a student loan you must enroll in a minimum of six credit hours (half-time) at CGCC per semester. Additionally, if you are first-time borrower, first-year student (less than 30 credits completed) your loan funds will not be disbursed until 30 days after the first day of classes per federal guidelines.
 
Loan Resource Calculators
  • Direct Loan Interactive Calculators
    Calculate your budget, monthly payment, and read more about the various repayment plans at this site.
  • Loan Consolidation Calculator
    This calculator from the Department of Education's Direct Loan Service will help borrowers determine if you will save money by consolidating your federal loans.
  • Cost of Interest Capitalization Calculator
    This calculator computes an estimate of the accrued interest and the new loan balance at the end of the deferment period. It also presents the impact of capitalization on the total amount paid over the lifetime of the loan.

​Federal Work Study

Federal Work Study (FWS) is a limited, federally funded program that provides part-time job opportunities for students with financial need. The program encourages community service work and gives students the opportunity to gain valuable work experience at a professional level before leaving school. Notification of FWS eligibility does not guarantee that you will be hired under this program.

Criteria

In order to be eligible for Federal Work Study students must meet the following criteria:
  • Demonstrate financial need. Financial need is determined by the CGCC Financial Aid Office. Please review the Determining Financial Need page for details on how need is determined.
  • Enroll in a minimum of 6 credit hours at CGCC.
  • Maintain Satisfactory Academic Progress.  See CGCC's SAP Policy.

How to Apply

Step 1 - The first step is to apply for financial aid. The financial aid office will then notify you of your eligibility based on your level of need, as determined by the FAFSA.
 
Step 2 - Step 2 Once you are notified of your eligibility, visit the federal work study web site www.cgc.edu/fws for available positions and to download the application. Also visit Career Services, in the Coyote Center, for assistance with your resume.
 
Step 3 - View the FWS Job postings and submit applications for the jobs you would like to interview for.
 
Step 4 - You will be contacted by the departments you apply with. You may earn up to the amount on your Financial Aid Award Notification.

Types of Federal Work Study Jobs

Every department on campus is approved to hire FWS students, so there are a wide range of jobs available. On-campus jobs have included positions within a department performing general office duties, including using a computer and providing customer service. The College Safety office usually has positions available as well.
 
Off-campus jobs are available through the America Reads/America Counts Program. In this program, students are employed as reading or math tutors to preschool through elementary age children at local schools. Background checks are required.
 
Disbursement of Funds Students will receive their FWS funds in the form of a paycheck every two weeks. The hourly wage rate varies based on job description. Students may work up to 20 hours per week and may not earn more than the amount indicated on their Financial Aid Award Notification.

Advantages of Federal Work Study

  • The income that you earn through FWS is a financial aid award and will not be used to determine you financial aid eligibility for the next year.
  • Your work schedule is arranged around your class schedule. And, because your academic success is first priority, employers are flexible in allowing time off for studying for exams.
  • Even if you work in an environment not related to your course of study, FWS gives you the work experience you will need when you are ready to enter the professional world.
  • Some FWS positions are community service oriented and can be an asset to your academic and professional resumes.