AWARD GUIDE 2015-16 (pdf)
financial aid award,
Important Processing Dates and When to Expect Changes to Your To Do Lists/Holds
Verification - Updating your "To Do List" from requested to received takes a minimum of four weeks if you submit hard copies via mail, at our window or drop box and a minimum of 72 hours if your documents are faxed. Preliminary review of verification documents will take a up to twelve weeks from the date your last required "To Do List" item was submitted to our office.
IRS Data Retrieval - It can take up to 21 days from the date you successfully used the Data Retrieval Tool on the FAFSA before our office is able to upload this change. This process has been completed when you will no longer see the required documentation on your "To Do List."
Satisfactory Academic Progress Appeal (SAP) - Review of SAP appeals take a minimum of four weeks from the date the last required item is received. Deadline to submit appeal for Fall 2015 is September 18, 2015.
Maximum Unit Appeal - Review of Maximum Unit Appeals take a minimum of four weeks from the date the last required item is received. Deadline to submit appeal for Fall 2015 is September 18, 2015.
Exceptional Circumstance Appeal (All types) Appeals are reviewed in the order they are received. Processing time may take until the end of the Fall semester.
Federal Direct Stafford Loan Application - Applications take at least 30 days to process.
Federal Direct PLUS Application (PLUS Loan) - We initially award the requested amount as a conditional estimate which will show up in the student's financial aid package while we are processing the credit check. The loan is not approved until you receive notification from the lender that your credit was approved. Applications must have been received by July 16 to have an initial award entered in time for the fee payment deadline of July 29. PLUS applications can take up to eight weeks to process.
Alternative Loan Application - Applications take up to eight weeks to process. The first possible disbursement date for Fall term is September 3, 2015.
External Scholarship - After the Financial Aid and Scholarship Office has received a student's external scholarship check(s), the scholarship is entered into the student's financial aid award. The student will receive an e-mail informing them of a change in their award. The turn-around time for complete processing of external scholarships is up to three weeks.
CSU, Chico Scholarships - The 2015-16 CSU, Chico Scholarship application deadline was February 15, 2015. If selected, the scholarship should be posted in your Student Center 2015-16 Financial Aid Award Summary Account by late July 2015.