AWARD GUIDE 2013-14 (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 Spring 2014 is February 14, 2014.
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 aid for Spring 2014 is February 14, 2014.
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. The deadline to submit an appeal for students enrolled for the 2013-2014 academic year is April 1, 2014. Students enrolled for the Fall 2012 semester only must submit their appeal no later than November 1, 2013.
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 be received by December 2 to have an initial award entered in time for the fee payment deadline of December 12. PLUS applications can take up to eight weeks to process.
Alternative Loan Application -All certification requests received by November 29 will be certified by the fee payment deadline of December 12 if the file is complete (all other awards accepted or declined AND all To Do List items have been completed). Applications take up to eight weeks to process. Alternative loans disburse four weeks after certification. The first possible disbursement date for spring is January 30.
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 - December 15, 2013 is the application deadline for 2014-15 scholarships. CSU, Chico Scholarship recipients are selected in the spring for the following academic year. If selected, the Scholarship should be posted in your Student Center 2014-2015 Financial Aid Award Summary Account by late-July 2014.