Klamath Community College
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2008 - 09 Catalog

Money Matters

To apply for Federal Financial Aid:
Submit a FAFSA as early as January of the year preceding enrollment in courses. FAFSA can be filed throughout the year. A FAFSA form must be filed for each school year. This process takes time, and students must pay careful attention to each detail.

FAFSA forms are processed in the order that they are received at the Department of Education and then sent to the KCC Financial Aid Office. Please note the amount of Financial Aid offered depends on a student’s financial need [determined by the Department of Education from the information the student supplies] and the availability of funds. Therefore, students are advised to apply early to maximize their Financial Aid award.

Financial Aid paper applications are available at KCC and area high schools. However, electronically filing the application is the preferred method. To file an application electronically log on to www.fafsa.ed.gov. Applying on the Internet will cut the application processing time by as much as 50%. Corrections are also processed quicker when done electronically. When students file their FAFSA electronically, they will sign it electronically with the PIN number issued by the Department of Education. A PIN number can be obtained at www.fafsa.ed.gov.

To check your Financial Aid Status:
Students can check their Financial Aid status with KCC at www.klamathcc.edu. Click on “Web Registration” and log in using their user name and pin. Click the Financial Aid button and select the award year. Students will see their current status including available awards, any transactions that have been made, and any documents still required before Financial Aid can be awarded or disbursed.

Types of Financial Aid
The four basic types of Financial Aid are Grants, Scholarships, Loans, and Work-Study [Student Employment].

Grants - are considered to be “gift aid” because there is no requirement to repay or to work in exchange for the funds.

Federal Pell Grant
The Pell Grant Program was established by the federal government to provide a basic core of aid for eligible undergraduate students. Eligibility is determined by the Department of Education.
Eligibility requirements:
    • Students must not have a Bachelor’s degree.
Available amounts:
  • Amounts are based on federal funding;
  • The highest award for 2007-2008 was $4,310;
  • This amount may be adjusted annually by the federal governmen.
 
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