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2014-15 Your Helping Hand to Understanding Financial Aid [PDF: 847KB]
Your Federal Student Loans. Learn the Basics and Manage Your Debt [PDF: 1.3MB]
How to Apply for Financial Aid?
8am - 7pm
8am - 1pm
Please provide student ID# with email message.
Gainful Employment Data
Complete the Free Application for Federal Student Aid (FAFSA) early each year. Los Angeles Valley College's Federal School Code is 001228.
After you submit your FAFSA, online or by mail, you will receive a Student Aid Report (SAR) and the college will receive your record electronically if you listed the college's federal school code on your FAFSA. Review the SAR to make sure it is accurate. If any information is wrong, contact the financial aid office to find out how to make corrections. By completing the FAFSA, you will also automatically be considered for the Board of Governors Fee Waiver (BOGFW); a separate BOGFW application is not needed.
Upon the college's receipt of your FAFSA information, you will receive a Document Tracking Letter requiring that you take additional steps to complete your financial aid file. If you are required to submit additional documents after you have completed the online process, you must submit these in person to the Financial Aid Office. Incomplete documents will not be accepted and will be returned to you with further instructions.
We will also compare your FAFSA data with your Admissions record at our college; therefore, it is very important that you answer the following items accurately on your Admission Application:
If there is a discrepancy on any one of the above items, you will be requested to resolve the discrepancy, which could delay the review of your financial aid file. Most financial aid programs use three components to calculate eligibility: Cost of Attendance (COA), Expected Family Contribution (EFC), and Financial Need. COA includes college fees, books and supplies, room and board, transportation and personal/miscellaneous expenses.
The EFC is the amount you (and if applicable your family) can contribute toward the cost of attendance. The federal processor calculates the EFC using the information you reported on your FAFSA. Sometimes corrections are required and may result in a change of the EFC. Financial need is determined by subtracting the expected family contribution from the cost of attendance.
Need is the maximum amount of need-based aid you can receive in a given academic year.
If you are eligible for financial aid, you will receive an Award Notification Letter (via email) and an Award Guide will be available in PDF format on this site for those who do not receive one in the mail/email. The Award Guide details the financial aid you have been awarded. The Award Guide also contains valuable information about your financial aid award and your responsibilities as a financial aid recipient. The way financial aid award amounts are determined is summarized below:
Cost of Attendance minus Expected Family Contribution = Financial Need
COA - EFC = FN
You may view your award status and disbursement schedule on the Los Angeles Community College District Student Information System (SIS). Financial Aid awards listed on your Award Notification Letter are based on the assumption that students will enroll full-time. Students do not have to enroll full-time to receive financial aid. The disbursement amount will reflect your approved active units at the time of disbursement. At LAVC, myLACCDcard by Higher One is the key to your financial aid disbursement. Click the myLACCDcard by Higher One tab for more instructions.