Questions and Answers
Q. Who has access to the information
on the forms filed as part of the financial aid application?
A. Only the financial aid office staff at DCC has access
to this confidential information.
Q. If my parents are separated or
divorced, do they both have to contribute to my education?
A. For federal student aid (Pell grant, SEOG, and
work-study), the custodial parent and current spouse, if any,
must complete the FAFSA. The non-custodial parent is not
required to report information for federal student aid purposes.
Q. How do I become an independent
student for federal aid purposes?
A. If you meet one of the following: are 24 years old,
are a veteran of the U.S. Armed Forces, are married, are a ward
of the court, have no living parents and have no legal guardian,
or have a legal dependent who gets more than half of their
support from you. The Free Application for Federal Student Aid (FAFSA)
has more details about these categories.
Q. What is my Expected Family
Contribution (EFC)?
A. Expected Family Contribution (EFC) is the amount you
and your family are expected to contribute toward your
education. You receive an EFC based on the processing results of
your Free Application for Federal Student Aid (FAFSA).
Q. What if I have a credit balance
on my student account?
A. If you have a credit balance in your account (after
tuition and, if applicable, textbook charges have been paid) you
will be mailed a check during the semester.
Q. How do I get a work-study job?
A. You must first complete a FAFSA form. All eligible
financial aid applicants will be mailed a DCC Federal Work-Study
Application. If you are interested, complete the form and submit
it to our office. Once all current positions are filled we will
start a waiting list. Students often drop or change jobs during
the year, thus vacancies may arise. Student must enroll in at
least 6 credits.
Q. When and how do I get paid for my
work-study job?
A. You will be paid twice a month for the hours that you
work. It is your money to spend as you see fit on your education
related expenses.
Q. Do I have to work if I am given a
job as part of my financial aid package?
A. The job is an opportunity to earn money to pay for
ongoing personal and book expenses during the year. One can
decide not to work and pay for these expenses some other way,
such as through summer job earnings or work during vacation
periods.
Q. Will I have to pay back any
financial aid money if I drop out or withdraw from school?
A. If you receive federal financial aid and drop out or
withdraw from school during the first 60% of the semester you
may be required to repay a percentage of the aid that you
received.
Q. Will my financial aid award be
reviewed while I am at DCC?
A. Each year you will be asked to re-apply for aid by
completing the current FAFSA form so that changes in your
family's financial situation and changes in DCC’s fees can be
considered.
Q. How do I apply for a Pell grant?
A. When you complete a FAFSA, you are automatically
considered for a Pell grant.
Q. What do I do with a Student Aid
Report (SAR) that I receive in the mail?
A. Submit it to the Financial Aid Office if you did not list
DCC on your original FAFSA
application. If you listed DCC on your application we will
receive your information electronically and you should keep your
original Student Aid Report for your records.
Q. Why did my financial need change
from last year?
A. Since need represents the difference between total costs
of attending DCC and the ability of you and your family to
contribute; any change in your family's situation or in DCC’s
charges may mean a change in need.
Q. What is the difference between
the Business Office and the Financial Aid Office?
A. These two offices are located in the Wyatt Building and
are separate from one another administratively. The Financial
Aid Office awards grants, loans, and work-study.
The Business Office sends bills and collects payments for
college charges not covered by aid. The Business Office also
mails your financial aid balance checks to you.
Q. If my or my family’s current year
income (year 2008) will be drastically
lower than last year’s income (year 2007)
what do I do?
A. Contact the Financial Aid Office and request a Reduced
Income Statement Form. Complete and submit the form, along with
the appropriate documentation, to the Financial Aid Office for
consideration. Often projected year income can be considered.
These considerations are made at the family’s request and on a
case by case basis.
Q. What is DCC’s Title IV Code?
A. Our Title IV School Code is 003758.
Q. If I have corrections that need
to be made to my Student Aid Report, can I bring the forms into
the Financial Aid Office for electronic submission?
A. Yes, Make all the necessary corrections and make sure
you have the required signatures on Part 2 of your SAR. Drop off
your SAR and we will submit the corrections electronically. We
normally receive the corrections back in about a week. It is
also a good idea to submit copies of your tax returns to our
office so that we may verify the corrections.
Q. What is my Data Release Number (DRN)?
A. Your Data Release Number is a four-digit number assigned
to your application by the U.S. Department of Education and
printed on the top right corner of your Student Aid Report
(SAR). Anyone wanting to receive or change your FAFSA
information must have your DRN in order to do so. Do not give
out your DRN to anyone unless you have agreed to give him or her
access to your FAFSA information.
Q. What is a PIN?
A. Formerly known as the Electronic Access Code (EAC), a PIN
is the code that you need to: Sign your FAFSA electronically;
Retrieve your Renewal FAFSA information over the Internet; File
your Renewal FAFSA using the FAFSA on the Web site; Access the
National Student Loan Data System (NSLDS) web site and view
information about other federal student aid you may have
received. Your PIN is similar to the PIN you use to access your
bank account. To protect the privacy of the information you are
submitting, you must keep your PIN secret. If you need a PIN,
have lost or forgotten your PIN, or if you think someone else
knows your PIN, you can request a new one at
http://www.pin.ed.gov/
Q. Must I be accepted before I can
apply for financial aid?
A. No, but you must be accepted before you receive aid
award.
Q. Are my parents required to submit
their financial information?
A. Yes, if you are under the age of 24 and do not meet any
other requirement for independent.
Q. What if my parents are separated
or divorced? Which parent fills out the Financial Aid
Application?
A. The parent that you live with.
Q. Do I have to report my
stepparent's financial information?
A. Yes, if the parent that you live with or that
contributes over half of your support is remarried, you must
report the stepparent's financial information also.
Q. How do I apply for a student
loan?
A. You may visit our website
www.ecmc.org/link/003758/plus.html
Q. How do I apply for a Plus Loan?
A. You may visit our website
www.ecmc.org/link/003758/plus.html
Q. When will I receive my financial
aid check?
A. Students enrolled in standard courses should start
receiving their balance checks 4-6 weeks after the refund date.
Q. Why did I receive a bill from the
Business Office? I have financial aid.
A. If your financial aid award is insufficient to cover
your tuition and fees, you will receive a bil.
Contact Information:
Financial Aid Office
1008 South Main Street
Danville, VA 24541
DCCFinAid@dcc.vccs.edu
Telephone: 434 797-8567 or 434 797-8439
Other areas in VA: 800-560-4291 Ext 8567
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