Financial Aid Overview
Learn about financial aid, including grants, scholarships, federal loans, and private loans that can help pay for college or career school.
Financial Aid Overview
What is financial aid?
Financial aid is money to help pay for college or career school. Aid can come from: the US Federal government, the state, the college, or a nonprofit or private organization.
Grants and scholarships are gift aid that do not typically need to be repaid.
Federal and private loans are borrowed funds that must be repaid.
Who can get financial aid?
To qualify for financial aid, you’ll need to meet these basic requirements:
- Complete your FAFSA using YC’s school code 001079.
- Be a US citizen or eligible non-citizen.
- Have earned your high school diploma or GED.
- Not be in default on previous loans or owe refunds on grants to the Department of Education.
- Be admitted to a financial aid eligible, certificate or degree-seeking program.
- Stay in good academic standing (Satisfactory Academic Progress).
How do I get financial aid?
- Apply for Admission to Yavapai College
Students new to Yavapai College must apply for admission before Yavapai College can begin to process your FAFSA application.
- Create an FSA ID (your StudentAid.gov account)
Whether you’re a student or parent, you’ll need to create your own account on studentaid.gov. You’ll use the same FSA ID every year.
See the FAFSA checklist of documents to have ready when you begin creating your FSA ID and filling out the FAFSA: https://studentaid.gov/articles/things-you-need-for-fafsa/
- Fill out the FAFSA (Free Application for Federal Student Aid)
Completing the FAFSA is the first step in determining federal financial aid eligibility. The FAFSA application typically opens October 1st each year. YC’s Federal School Code is 001079. Complete the FAFSA on studentaid.gov.
There are FREE resources and support to help you complete the FAFSA. You can explore the FAFSA Tool Kit here: https://collegereadyaz.com/fafsa/, set up a virtual appointment with CollegeReadyAZ.com by clicking here https://calendly.com/arizona-fafsa-assistance-virtual, or set up an appointment with Tamara Keiren by clicking here https://calendly.com/tamara-fafsa.
Note: you should never pay for help completing the FAFSA. If a person or website asks for payment, do not proceed and contact us right away at financial.aid@yc.edu.
- You will receive the FAFSA Submission Summary
This will be emailed to you from the Department of Education (ED) 3-4 days after your FAFSA has been processed by ED. The Department of Education will send your FAFSA to YC, and it may take up to two weeks for YC to receive it.
- Check that all financial aid tasks are satisfied
Once your FAFSA is processed by YC, you’ll receive an email from the YC Financial Aid Office confirming receipt and providing instructions on how to view your financial did offer by logging in to https://www.yc.edu/.
The financial aid disbursement is not immediately after we receive your FAFSA. See our disbursements page for more information.
Pell Grants for the fall and spring semester are announced after YC receives your FAFSA and you’ve completed all eligibility requirements. The summer Pell Grant will be announced before summer registration opens.
Please note: Federal student loans are not included in Yavapai College’s offer package. To receive a federal student loan, follow the steps listed on our loan page: https://www.yc.edu/financialaid/loan
- Apply for Scholarships
After you submit the FAFSA, you can explore scholarships on Yavapai College’s Scholarship Resources page https://www.yc.edu/financialaid/scholarship-resources
Scholarships are gift aid – money for college that you don’t have to repay. And there are tons of scholarships out there for all kinds of students based on interests, specific degrees/certificates, goals and lots more.
- Maintain good academic standing, called Satisfactory Academic Progress
You’ll need to maintain a certain GPA and complete relevant coursework in a certain timeframe. Read more about our Satisfactory Academic Progress (SAP) policy by going here: https://www.yc.edu/financialaid/SAP-satisfactoryacademicprogress
- Complete a FAFSA every year
The FAFSA is for fall, spring, and summer academic year. Once the academic year is over, you’ll need to submit a new FAFSA every year you’re in college to continue receiving federal financial aid.
Financial Aid Contact Information and Office Hours:
Prescott: Bldg 1 - Lobby
Mon- Thurs: 8am - 5pm
Fri: 9:30am - 4:00pm (phone and online only)
Verde Valley: Bldg i
Mon - Thurs: 8am - 5pm
Fri: 9:30am - 4:00pm (phone and online only)