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| FINANCIAL AID |
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1. General Comment on Consumer Information
Each Financial Aid Officer within the Financial Aid Office is apprised of the information here within and will be able to direct enrolled and/or prospective students and their families as required during normal business hours. Visit http://ifap.ed.gov/sfahandbooks/attachments/0203V2C7.pdf for all financial aid consumer information.
2. About Financial Aid
Angeles College of Nursing offers a variety of financial aid programs to help students with education-related expenses. These include grants and loans. Detailed information, application forms, and professional aid advising are available in the Financial Aid Office. Application Workshops are available to assist students with Financial Aid applications. Call or visit the Financial Aid Office for workshop schedules.
 3. Financial Aid Office & Business Hours
Financial Aid Office is located at
3440 Wilshire Blvd., Rm #313, Los Angeles, CA 90010.
| DAYS |
HOURS |
| Monday through Thursday |
9:30 a.m. - 6:00 p.m. |
Phone (213) 487-9911
Fax (213) 487-2299
E-mail admin@anglescollege.com
4. Financial Aid Links
www.fafsa.ed.gov - View general information and apply for financial aid
http://ifap.ed.gov/sfahandbooks/attachments/0203V2C7.pdf - For all financial aid consumer information
www.edfund.org - Find out more about financial aid and planning for your education
www.nslds.ed.gov - View the history of your own loans and grants
www.elmresources.com - View your 2009-2010 Stafford Loan status
https://studentloans.gov/ - This site is your source from the U.S. Department of Education about how to manage your student loans
5. Financial Aid Student Eligibility
To qualify for financial aid and maintain eligibility for the programs, federal and state regulations indicate that you must:
Apply for financial aid using the Free Application for Federal Student Aid (FAFSA), the renewal FAFSA, or online at www.FAFSA.ed.gov;
Be a United States citizen, permanent resident or eligible non-citizen;
Must show proof of 12th grade education or equivalent that is approved by the Secretary of the Department of Education;
Be enrolled in good standing;
Maintain Financial Aid Satisfactory Academic Progress;
Demonstrate financial need;
Be registered with the Selective Service System (for male students between 18 and 25 years old and not a current member of the active armed forces);
Enroll in the Vocational Nursing* program;
Not be in default on nay educational loan and not owe a refund on a grant received for attendance at any post-secondary institution.
*Currently applies to Vocational nursing program only.
6. Available Financial Aid Programs
Federal Pell Grant
The Federal Pell Grant is a type of post-secondary, educational federal grant that does not require repayment and is awarded on a "financial need" formula determined using criteria submitted through the FAFSA. For 2009-2010, the maximum Pell Grant awarded is $5,350.00. Pell Grant awards are available only to students who have not received a Bachelor¡¯s Degree.
Federal Direct Loans
Loans are guaranteed by the full faith of the U.S. Government, are lowered at a lower interest rate than private loan, and are available both as subsidized and unsubsidized.
Stafford Loan for Students
Subsidized Loan - Offered to students based on demonstrated financial need. Interest is paid by the federal government while the student is in school, during the grace period (6-months after graduation), and during authorized deferment.
Unsubsidized Loan - Students are responsible for all the interest that accrues while enrolled in school. Interest may be deferred throughout enrollment. Unpaid interest that is deferred until after graduation is capitalized (added to the loan principal).
Federal Parents Loan For Undergraduate Students (PLUS)
PLUS loans provide funds to qualified parents of dependent students.
7. Loss of Eligibility
Academic progress for financial aid will be reviewed at the end of each term throughout the program. Students who do not meet the Standards of Academic Progress for financial aid after on term will be placed on probation for a year or denied a term. You will continue financial aid during a probationary year. Successful completion of the term will clear the denied status. Unsuccessful completion of the term will result in a termination of financial aid. Eligibility will not be reinstated until the Standards of Academic Progress are met. Students may appeal a termination of aid if the circumstance that caused the termination was the result of extreme/unusual circumstances and documentation can be provided to support the cause. Appeals will be reviewed on a case-by-case basis.
8. Steps to Apply for Financial Aid
Step 1. FAFSA
Complete 2009-2010 or 2010-2010 Free Application for Federal Student Aid (FAFSA) on-line at www.fafsa.ed.gov.
Step 2. Acknowledgement Email
After we receive your application, we will review the information to determine if additional documents are needed from you. You should receive an acknowledgement email account 1-3 weeks after your submission.
Step 3. Submit Documents
Submit all documents requested on your acknowledgement email. Make copies of all documents before submitting. Documents may be submitted by mail or in person to the office.
Step 4. Verification
Your application along with the supporting documents is reviewed for accuracy. During this process, it may be necessary to request additional information for clarification or to resolve discrepancies.
Step 5. Award Notification Email
A financial aid award notification email detailing amounts and the types of aid programs offered to you is mailed to the address on record with ACN Enrollment services.
Step 6. Disbursement
To receive you funds, you must accept your award(s) on the award notification letter. If you choose to apply for a loan, promptly submit required loan documents.
Note: You must meet Satisfactory Academic Progress requirements to receive your financial aid check. Refer to the Satisfactory Academic Progress Policy (included in this Catalog) for more information on this requirement.
9. Tips for Students
Apply On-line: Statistics show that students who apply on line make fewer errors and get faster results.
Do no wait to enroll before completing the FAFSA. Apply as early as possible. The quality of your award will depend in part on the timing of your application.
Students with special circumstances may need to see a financial aid representative at Angeles College of Nursing before filling the FAFSA. Contact the Office of Financial Aid (Rm #313) for more information.
For more information, please contact ACN at (213)487-2211.
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