Financial Aid

Overview

Did you know that three-quarters of current full-time Rose State students are receiving some type of financial assistance? There are many different forms of aid, find the one right for you.

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.

Priority Deadline

For Fall 2015 (2015-2016 FAFSA) and all documents submitted to the Financial Aid Office is June 1, 2015. 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.

If you are enrolled in 1st 8 week classes or 16 week classes for the Spring 2015 semester any class added after February 2, 2015 (census date) are not eligible for the Federal Pell Grant. Census date for students enrolled in 2nd 8 week classes only is March 27, 2015. Any classes added after the census date are not eligible for financial aid. 

If you are enrolled in 1st 8 week classes or 16 week classes for the Fall 2015 semester any class added after August 28, 2015 (census date) are not eligible for the Federal Pell Grant. Census date for students enrolled in 2nd 8 week classes only is October 19, 2015. Any classes added after the census date are not eligible for financial aid.

Book charges against the Federal Pell grant are currently open for the spring 2015 semester. Book charges for the fall 2015 semester will begin August 5, 2015 and end on August 30, 2015 for students that are enrolled in 1st 8 and 16 week classes

Disbursement

For students that were packaged with a fall 2014/spring 2015 loan, the first disbursements of spring 2015 loan funds will begin posting to your student account the week of January 12, 2014 for those students that are eligible (completed MPN and entrance counseling).  The second half of spring only loan funds will be posted to your student account the week of March 23, 2015. First-time students that are borrowing a student loan 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 20, 2015 to be eligible for this disbursement. Once classes begin refunds are processed twice a week.

For students that were packaged with a Fall 2015/Spring 2016 loan, the first disbursements of loan funds will begin posting to your student account the week of August 10, 2015 for those students that are eligible (completed MPN and entrance counseling). The second half of loan funds will be posted to your student account the week of January 11, 2016. First-time students that are borrowing a student loan 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 August 17, 2015 to be eligible for this disbursement.

Federal Pell Grant

Federal Pell Grants are applied to student accounts 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.  After the first disbursement is completed refunds will be processed once a week.

Student Aid PIN Update

Students, please read an update on Federal Student Aid PIN changing to FSA ID:

In order to eliminate the need for individuals to enter personal identifiers (Social Security number, name, and date of birth) when accessing Federal Student Aid's systems, on May 10, 2015, Federal Student Aid will implement a new login process for student and borrower-based websites, including FAFSA on the Web, NSLDS® Student Access, StudentLoans.gov and StudentAid.gov.

The new FSA ID, which will be comprised of a user-selected username and password, will replace the Federal Student Aid PIN as the process by which students, parents, and borrowers authenticate their identity to access their federal student aid information.
Existing users will be able to link their PIN information to the FSA ID.

Here is a step-by-step guide to create a new ID.
For more information on this subject please visit www.studentaid.ed.gov.

Bookstore Charge Information

Student financial aid applicants who are enrolled for the summer 2015 semester and have been awarded a Federal Pell Grant can begin charging books at the bookstore May 11, 2015 through June 5, 2015 . 

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:

■ Enrolled,
■ 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.

Office Hours & Contact Information
Hours
Monday - 8am - 7:00pm
Tuesday-Thursday - 8am - 6pm
Friday - 8am - 5pm
Phone
(405) 733-7424
Toll Free: (866) 621-0987
Fax: (405) 736-0359
Contact
finaid@rose.edu