• Student Rights and Responsibilities

  • Financial Aid Availability


    Coastal Bend College has numerous resources to help you meet the financial obligations that are part of attending college.  Assistance available through the financial aid office includes government grants, scholarships, loans, and college work-study. 

      

    Eligibility for Financial Aid 

    To be eligible for financial assistance, students must (1) be in good standing and maintain satisfactory progress in their course of study; (2) not be in default on any loan made, insured or guaranteed under a government student loan program for attendance at any institution; (3) not owe a refund on grants previously received under the Federal Pell Grant or the Federal Supplemental Educational Opportunity Grant (FSEOG) programs; (4) be enrolled to obtain a degree or certificate; (5) have a high school diploma or GED; (6) be a U.S. citizen or eligible non-citizen; (7) have a valid Social Security number; (8) register with the Selective Service if required; and (9) demonstrate financial need. 

      

    Students receiving funds from William D. Ford Federal Direct Loan Program, Federal Pell Grants, Federal Supplemental Educational Opportunity Grants, Federal College Work-Study, Texas Public Educational Grants, Texas Equal Opportunity Grant, and TEXAS Grants are monitored for satisfactory progress. 

    Maximum Eligibility  

    Students must complete their program of study within 150% of the length of the degree or certificate program measured in semester hours. All courses taken, including transfer courses and courses in which grades of “I”, “W”, “Q” or “F” were earned, apply toward the 150% rule. Transfer hours accepted into the institution count towards the 150% rule. 

    Furthermore, a student may only receive the Federal Pell Grant for a maximum of 12 full-time semesters, or 600%, per the Department of Education. This limit applies to all institutions (i.e. trade schools, technical schools, community colleges, universities) that a student has attended and received a Pell Grant award. 

    Application Procedure 

    To apply for a Federal Pell Grant award, or to be considered for additional financial aid based upon need, students have to complete the Free Application for Federal Student Aid (FAFSA).  Students must apply for financial aid online at www.FAFSA.gov. Students interested in Direct Loans (student loans) or college work-study programs also must complete the FAFSA application. Please check with the financial aid office for details on financial aid deadlines for grants, loans, and scholarships at (361) 354-2238 or toll free at (866) 722-2838 Ext. 2238. 

      

    After a student has applied once, he or she can choose to complete a Renewal FAFSA using their pin number which will populate some responses from the previous year.  The student will only answer questions that may have changed for from the previous year. The student may choose to complete a completely new application.  

    The FAFSA is also available in Spanish. 

    The CBC federal school code for the FAFSA application is 003546 

    Priority Deadline Dates 

    Priority for additional grants is given based on when a student completes the financial aid process and how much documented need the student has.  The priority deadline for grants is May 1. However, applications for financial aid are accepted year round. 

    Scholarship Deadline 

    The deadline for scholarships is April 1.  Applications are not accepted after this date. 

    Types of Aid 

    Coastal Bend College provides many types of aid. For greater detail, go to http://www.coastalbend.edu/Finaid/ 

    Grants 

    Federal Pell Grant  

    Federal Supplemental Educational Opportunity Grant (FSEOG) 

    Texas Public Educational Grant (TPEG) 

    Toward Excellence, Access, and Success (TEXAS) Grant 

    Texas Educational Opportunity Grant (TEOG) 

    Child Care Grant 

    Scholarships 

    CBC has various scholarships available including Academic, CBC, Outreach, Athletic and Dorm Scholarships 

    Student Loans 

    William D. Ford Federal Direct Loan Program (subsidized and unsubsidized) 

    Federal Parent Loans for Undergraduate Students (FPLUS) 

    Private Loans 

    Employment Programs 

    Federal Work-Study Program (FWSP) 

    Texas Work-Study Program (TXWSP) 

    Steps for Receiving Financial Aid  

    1. Complete your FAFSA (Free Application for Federal Student Aid) at www.fafsa.gov  

        You will need:   

    a. 2011 Income Tax Returns and W-2’s (if under the age of 24, not married, and not monetarily supporting a child over 50%, you will also have to use parent(s) tax information)  

    b. Parent(s) social security numbers, date of birth, marital status, and  date of marital status.  

    c. PIN (personal identification number): You can apply for a PIN at www.pin.ed.gov. If using parental information, a parent will have to utilize a PIN as well. 

    d. Use CBC’s federal school code of 003546 to ensure we receive your application.  

    2. The Financial Aid Office will receive the information from the Department of Education 3-5 business days after you submit your FAFSA.  

    3. The Financial Aid Office will then send out a pink packet of paperwork to the mailing address reported on your FAFSA.  

    4. Complete the paperwork and return it along with any documentation requested by our office. Financial aid will not be awarded until all documents are received and complete.  

    5. It will take our office approximately 1-2 weeks to complete your financial aid application once you turn in paperwork/documentation.  

    6. You will receive paperwork letting you know if we are missing items. Once you are awarded financial aid, you will be sent an award letter.  

        Students who are not eligible for financial aid will also be notified via mail.  

      

    If you should have any questions or concerns, please contact our office at 361.354.2238.  

    You can also check your status online via Campus Connect.  

      

    Satisfactory Progress for Financial Aid 

    Students must meet the following minimum standards each semester and maintain the 

    acceptable cumulative GPA as defined in the college catalog to avoid scholastic probation or suspension. 

    Financial Aid Warning/Suspension 

    A student who does not meet the satisfactory progress requirements will be placed on 

    financial aid warning. The student may receive financial aid for one semester after he/she is put on warning. If after this one semester the student does not meet the satisfactory progress requirements, the student’s financial aid will be suspended. Students whose aid is suspended are not eligible for any type of financial aid/student loans until they have met the satisfactory progress requirements. 

    Appeals Process 

    Students on financial aid suspension may appeal for reinstatement of financial aid due to documented, extenuating circumstances such as illness, death in family, or undue hardship. Appeals will be processed by the financial aid director and reviewed by the financial aid committee. All appeals must be in writing. Appeal forms are available in the financial aid office or online at www.coastalbend.edu/finaid. 

    Withdrawing or Dropping 

    It is advised that you contact the financial aid office before withdrawing or dropping a course or courses.  Withdrawing or dropping can impact your financial aid.  

    Return of Title IV Financial Aid 

    Withdrawing while on Financial Aid 

    A student who is withdrawing and has received financial aid assistance for the current semester should visit the financial aid office to see if the amount of aid received is more than the actual assistance that he or she has earned. All students must complete the Notice of Withdrawal form in the Admissions/Registrar’s Office. For more information contact the financial aid office at (361) 354-2238 or toll free (866) 722-2838 Ext. 2238. According to federal regulation (HEA, Section 484B34CFR668.22), when a student 

    withdraws during a payment period the amount of financial aid assistance earned up to that point is determined by a specific federal formula. Students receiving less assistance than the amount 

    earned will be able to receive those additional funds. Students receiving more assistance than the amount actually earned must pay back the excess funds. The amount of assistance earned is determined on a pro-rata basis. The percentage of the refund is equal to the number of days attended divided by the number of days in the semester. For example, students who complete 30 percent of the payment period earn 30 percent of the assistance they were originally scheduled to receive. Students who complete more than 60 percent of the payment period have earned all of their assistance. 

      

    Coastal Bend College must return a portion of the excess funds equal to the lesser of: 

    • Student institutional charges multiplied by the unearned percentage of student funds; or, 
    • The entire amount of the excess funds. 

    If CBC is not required to return all of the excess funds, the student must return the remaining amount. Coastal Bend College will return the unearned aid for which the school is responsible by repaying funds to the following sources in order, up to the total net amount disbursed from each service: 

    • William D. Ford Federal Direct Loan Program; 
    • Federal Pell Grant; 
    • Federal Supplemental Education Opportunity Grant (FSEOG); and, 
    • Other Title IV Programs. 

    Students who receive more financial aid than they have earned must return the excess funds. Students are allowed 45 days to return the excess funds in full or make arrangements with Coastal Bend College or the Department of Education to return the funds. Any unreturned amount is considered a grant overpayment. A student having an overpayment is no longer eligible for federal financial aid at CBC or any other institution. A hold will be placed on the student’s account preventing them from ordering transcripts and registering until the federal funds are repaid in full.