Remember to check your RSC student email account for important financial aid information.
Priority deadline for fall 2014 (2014-2015 FAFSA) completed and all documents submitted to the Financial Aid Office is June 1, 2014. You may still receive aid if you submit your FAFSA or required documents after the deadline however your application may not be processed before classes begin.
The Financial Aid census date for the spring 2014 semester, 1st 8 and 16 week classes, is February 4, 2014. Census date for students enrolled in 2nd 8 week classes only is March 28, 2014. Any classes added after the census date are not eligible for financial aid.
Student Loans - Loan funds will begin posting to your student account the week of January 13, 2014 for those students that are eligible (completed MPN and entrance counseling). 1st time students that are borrowing a student loan for the 1st time must wait 30 days into the semester before their loan can be applied to their student account. Once applied to your student account the Business Office will begin processing refunds of excess funds. You must be enrolled and continue to attend a minimum of 6 credit hours that begin on January 21, 2014 to be eligible for this disdursement.
Federal Pell Grant - Federal Pell Grants are applied to your student account after the 100% refund period for the semester. This is normally after the 2nd week of class for enrollment in the 1st 8 week or 16 week semester. The Business Office will prepare refunds of excess funds after funds are applied.
Rose State College school code: 009185
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The Office of Student Financial Aid provides students with assistance in acquiring resources to attend Rose State College. Students who meet eligibility requirements may qualify to receive federal, state or institutional funds. Assistance may be in the form of scholarships, grants, loans or work programs.
Students are encouraged to complete an application for assistance in January, February or March for the upcoming school year. Early application and completion of all required verification assures the student of best consideration for all programs. Program funding is limited. Usually, students who have applied and completed their files before June 1 are able to receive awards early enough to assist them for the fall semester. Students that wait until later to apply do not allow sufficient time for the process to be completed for a fall semester. A new FAFSA must be completed each school year.
The Office of Student Financial Aid is located in the Student Services Building in Room 200. Our federal school code is 009185
Student financial aid applicants who are enrolled in the spring 2014 1st 8 week term and 16 week term and have been awarded can begin charging books at the bookstore December 9, 2013 and will continue until January 31, 2014 .
In order to charge books, you must have been awarded a Federal Pell Grant that exceeds your tuition charges. RSC Financial Aid cannot determine federal aid eligibility for any student until the student has:
■completed the Free Application for Federal Student Aid (www.fafsa.gov), listing RSC’s federal school code: 009185,
■submitted all requested supporting documentation to RSC,
■submitted all academic transcripts from previously attended schools.
If you are not eligible for a pell grant to charge your books and need a plan for your book expenses; we encourage you to explore the Rent-A-Text option offered by Follett Bookstore. For more information, visit www.rent-a-text.com.
IMPORTANT CHANGES STARTING 2013-2014
Beginning in 2013-2014, some Free Applications for Federal Student Aid (FAFSAs) will be flagged for “unusual enrollment history”. Please click link to read more Click here
IMPORTANT CHANGES TO FEDERAL PROCESSES FOR 2012-2013 AND BEYOND
LIMITATION ON NUMBER OF SEMESTERS OF PELL GRANT ELIGIBILITY
Beginning with the 2012-2013 FAFSA all students who are Pell Grant recipients (including students who have previously received Pell Grant) have a limit of 12 full-time equivalent semesters (600%) of eligibility. After 12 full-time equivalent semesters, eligibility ends. Students can check their eligibility used by going to http://www.nslds.ed.gov .
ABILITY TO BENEFIT
Beginning with July 1, 2012 and thereafter, a student enrolling in a college, university, technical center or career school will no longer be eligible for Federal Title IV student financial assistance unless they have a high school diploma, GED, or has completed requirements for high school through home schooling. New students will no longer have previous options such as testing or completing 6 credits of college level coursework to qualify for Federal Tile IV assistance.
Students who, prior to 7-1-12, were enrolled in an academic program that was eligible for Federal Title IV assistance may still be able to utilize those options to include previous ATB tests. Check with the Financial Aid Office for more information.
Students borrowing a Subsidized Direct Stafford Loan between 7/1/12 and 7/1/14 (a two year period) should be aware that for this two year period the interest on these loans, though in all prior years was paid by the U.S. Department of Education will not be paid during the six month grace period provided to students when they are no longer enrolled on at least a half time-time basis. Like the Unsubsidized Direct Stafford Loan the interest will accrue during grace periods. During deferment periods the interest on Subsidized Direct Stafford loans will still be paid by the U.S. Department of Education. The Fixed interest rates for Unsubsidized Loans disbursed on or after 7/1/12 will be 6.8%. Any Direct Plus Loan disbursed on or after 7/1/12 will have a fixed interest rate of 7.9%.
Effective for loans first disbursed on or after July 1, 2012, the law eliminates the authority of the Department to offer any repayment incentives to Direct Loan borrowers to encourage on-time repayment of loans, including any reduction in the interest rate or origination fee. As a result, the up-front interest rebate that has been provided to Direct Loan borrowers at the time of loan disbursement will not be offered on any Direct Loan with a first disbursement date that is on or after July 1, 2012.
RSC Financial Literacy
Code of Conduct
Federal Student Aid - an Office of the U.S. Department of Education
7 Easy Steps to the FAFSA A tutorial for completing the FAFSA
Balance Track - Personal Finance Education
Cash Course- Help with finances
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Tues-Thurs - 8am - 6pm
Friday - 8am - 5pm
Rose State College
6420 S.E. 15th Street.
Midwest City, OK 73110-2704
Phone: 405-733-ROSE (7673)
Toll Free: 866 621-0987
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