The first step to applying for financial aid is completing a Free Application for Federal Student Aid (FAFSA). Information provided on the FAFSA is calculated by the U.S. Department of Education to determine your financial need before sending the results to PHCC. The Financial Aid Office has a June 1 priority deadline for guaranteed award notification for the beginning of each academic year. All students meeting this deadline will be processed in time for fall registration in August. Financial aid applications received after June 1 are still processed on a first-come, first-served basis; however, they may not be processed in time to receive aid before fall classes begin. For assistance completing the FAFSA, view step by step instructions or online videos.
There are two main types of federal and state financial assistance:
Grants – The largest percentage of PHCC students qualifying for aid receive federal and state grants. These do not need to be paid back.
Loans – Loans are borrowed and must be repaid. PHCC does not participate in the Federal Family Education Loan Programs (Federal Stafford, Federal Perkins, and Federal Plus). Students considering loans need to seek private or alternative student loans.
2. Processing of FAFSA
After submitting the FAFSA, it normally takes approximately 3-5 business days for the U.S. Department of Education to process it. However, approximately 30% of applicants are randomly selected for a verification process. If selected, the applicant is contacted by PHCC to provide additional information. Once the additional information is submitted by the applicant, it can take an additional 10-14 business days to receive the results.
Once a decision is made, an award letter is sent to the applicant via US mail with the academic requirements to receive the award. The funding is available on the student's account to charge tuition and/or books based upon the award amount.
Once the award is received, students are encouraged to receive academic advising to assure the classes being taken are in their program of study. An academic advisor will instruct students on how to register for classes. If a student registers for classes before receiving financial aid, it’s the student’s responsibility to pay for classes. If payment is not made, then the student may be backed out of classes and have to register again.
Any balance after classes are paid for is refunded to the student approximately the sixth week of classes. There are three modes of receiving a refund (See refund page-COMING SOON):
- Visa refund card
- Direct deposit
- Check (Only sent if no other option is selected)
- Free Application for Federal Student Aid (FASFA) (School code 003751)
- Satisfactory Academic Progress (SAP) appeal form
- Verification Form for Dependent Student
- Verification Form for Independent Student
- Verification Form for Child Support Paid
- Untaxed Income Verification Form
- Prior Degree Form
Financial Aid Award Package Information
For more information: http://mysupport.patrickhenry.edu | 855-874-6692