How does SMC disburse Financial Aid?
Once an award has been posted on the Financial Aid portal screen, the processing for that disbursement takes approximately 7 to 10 days. The first computer disbursement will be during the first week of the fall and spring terms. The actual check will be mailed 7 to 10 days later.
Does SMC offer Financial Aid?
Welcome to Financial Aid & Scholarships. SMC will award over $75 million in financial aid and scholarships to help you achieve your goals. We offer a variety of financial aid and scholarships to help you reach your goals. At $46/unit SMC offers you a world-class education at half the cost of a 4-year university.
How many units can I take in summer SMC?
eight
What is the maximum number of units I can take in a semester or winter/summer session? The maximum number of units a student may enroll in is sixteen (16) units in the fall and spring semester and eight (8) units in the winter and summer session.
How long does it take for financial aid to come in?
If you submitted your Free Application for Federal Student Aid (FAFSA®) form online, then the U.S. Department of Education (ED) will process your application within three to five days. If you submitted a paper FAFSA® form, your application will be processed within seven to ten days.
What is a passing grade SMC?
The grades used (and their value) to indicate scholarship at Santa Monica College are: A (Excellent; 4.0), B (Good; 3.0), C (Satisfactory; 2.0), D (Less than satisfactory; 1.0), F (Failing; 0.0), P (Pass; at least satisfactory; units awarded, but not counted in GPA), NP (No Pass; less than satisfactory; no units …
What does Eops mean?
Extended Opportunity Programs and Services (EOPS) is a state and college funded program designed to assist students with economic, linguistic, and educational challenges (as defined by Title V) enroll and succeed in higher education.
When should I expect my financial aid award letter?
If you have applied to a college under a Regular Decision admissions plan, you should expect to receive your financial aid award letter by the end of March. As students generally need to make an admissions decision by May 1st, you will have a month to make a decision and assess your financial aid package.
When should I expect my FAFSA money?
If you’re a first-year undergraduate student and a first-time borrower, you may have to wait 30 days after the first day of your enrollment period (semester, trimester, etc.) before your school is allowed to give you your loan money.
Can I spend FAFSA money on anything?
Even though college financial aid may seem like free money, you can’t spend it on anything you want. You can only spend your federal financial aid money on purchases that are necessary for you to continue your studies. These necessary purchases may be defined under your school’s itemized cost of attendance.
What is dean’s honor list SMC?
A student’s transcript will be annotated with the designa- tion “Dean’s Honor List” if the student completes 12 or more graded units in a Fall or Spring semester at SMC with a 3.0 GPA or higher.