Financial Aid – Glen Oaks Community College

Regular Hours

Monday, Thursday & Friday
8:15 a.m. to 4:00 p.m.
Tuesday & Wednesday
8:15 a.m. to 6:00 p.m.
Closed – Saturday & Sunday

Summer Hours

Monday & Thursday
7:00 a.m. to 5:00 p.m.
Tuesday & Wednesday
7:00 a.m. to 6:00 p.m.
Closed – Friday, Saturday & Sunday

Helping you finance your future…

Welcome to the Glen Oaks Community College Financial Aid Office. The Financial Aid Office provides various options for assisting students with their educational expenses. Options include grants, scholarships, work opportunities, and loans.

The first step in applying for federal student aid is completing the Free Application for Federal Student Aid (FAFSA) at www.fafsa.gov. Apply as soon as possible after October 1st for the following academic year. The 2019-2020 FAFSA will become available October 1^st, 2018.

Loan Request Form

Apply for Aid

FAFSA4caster

Prior to submitting the FAFSA students
can get an estimate of their federal aid
eligibility by using the FAFSA4caster.

Preferred Deadlines

Students should apply for aid as soon as possible, allowing at least two months before the start of their first semester of enrollment. A FAFSA must be completed each year. For maximum consideration of funds, students should complete the FAFSA application process by the following deadlines:

Fall Semester – Complete by March 1
Winter Semester – Complete by October 1
Summer Semester – Complete by April 1

Students can apply after the deadline but there may be a delay in processing the aid in time for registration.

Steps to Apply:

Create a FSA ID to electronically sign your FAFSA application at http://fsaid.ed.gov.
Complete the Free Application for Federal Student Aid (FAFSA) at http://www.fafsa.gov after October 1st prior to the fall semester you plan to attend a college or university
List GOCC school code #002263 on the FAFSA to have your FAFSA results sent electronically to the Glen Oaks Financial Aid Office.
A Student Aid Report (SAR) which summarizes the information reported on the FAFSA will be sent directly to you by the Department of Education.
When you receive your Student Aid Report, look it over carefully to make sure the information is correct. The information on the SAR will be used by our office to determine your eligibility for the Federal Pell Grant program, and for most other types of aid. If corrections are needed, return to fafsa.gov, login as a returning user, make the correction(s), sign and submit.
The Financial Aid Office may request additional verification documents. Please respond to document requests promptly. You can check the status of your FAFSA and verification documents via myGOCC.
When all requested documents have been submitted you will be notified by mail of your financial aid eligibility.

Calculators

The following calculators can be used as estimate tools only and should not be considered exact numbers. Actual figures may vary. Please speak with a Financial Aid advisor for more definitive information.

Net Price Calculator

Pell Grant Calculator

The Pell Grant Calculator is for estimates only. Glen Oaks Community College is not responsible for misinformation. These amounts are estimated. The amounts shown after calculation are for one semester and may or may not be accurate depending on your academic performance. Please remember that this calculator is for you to estimate your Pell grant, and is not considered official information.

These are the instructions for the Pell Grant Calculator. This calculator will use the EFC from your Free Application for Federal Student Aid (FAFSA) and will calculate your Pell grant estimate by enrollment level.

Use these steps to calculate a Pell Grant estimate per semester for the academic year:

Enter the amount of your Expected Family Contribution (EFC), which is located on your Student Aid Report (SAR).
Select your enrollment level using the drop down list in the Enrollment Level field.
Click on the calculate button.

Direct Loan Repayment Calculator

Repayment Calculator

Go to the Interactive Calculators site, select the appropriate monthly repayment calculator (Standard/Extended/Graduated or Income Contingent), and provide the following information:

Loan Type: Select “Direct Stafford/Ford” (not PLUS).
Loan Amount: Type in the “Projected Total” amount of your Direct Stafford Loan

Once you’ve typed in the above information in the calculator fields, click on the “Calculate” button. If you select the “Details” button next to the appropriate repayment plan, you will see more information about your loan repayment (how much of your repayment will be interest, etc.)

Contact Us

Financial Aid Staff

Tax Returns

Federal Tax Return Transcripts

Tax filers can request a tax return transcript, free of charge, from the IRS in one of three ways; online, by phone or by completing a Form 4506-T.

Submit the tax return transcript to Glen Oaks Community College; make sure to include the student’s name and ID# on the transcript.

Mail, fax, scan or bring the federal tax return transcript to:

GOCC Financial Aid Office
62249 Shimmel Road
Centreville, MI 49032

Phone: (269)294-4260
Fax: (269)467-9068
Contact Form

1. Online Request

Visit the IRS wesite

Navigate to the IRS Web site at www.irs.gov
Under Tools select “Get Your Tax Record”
Click “Get Transcript by Mail”
Enter the tax filer’s Social Security Number, date of birth, street address, and zip or postal code. Note: use the address that was listed on the tax return filed.
Click “Continue”
In the Type of Transcript field, select “Tax Return Transcript” and in the Tax Year field, select “year” required with FAFSA you are submitting.
If successfully validated, tax filer can expect to receive a paper IRS Tax Return Transcript at the address he transcript, within 5 to 10 days from the time the online request was submitted.

**IRS Tax Return Transcripts requested online cannot be sent directly to a third party by the IRS. Tax transcript will be sent to student and student will need to forward to GOCC Financial Aid Office.

Note: Make sure to include the student’s name and ID# on the transcript.

2. Telephone Request

Contact the IRS by calling 1-800-908-9946
Tax filers must follow prompts to enter their social security number and the numbers in their street address. This will be numbers of the street address that was listed on the latest tax return filed.
Select “Option 2” to request an IRS Tax return Transcript and then enter “year” required with FAFSA you are submitting.
If successfully validated, tax filer can expect to receive a paper IRS Tax Return Transcript at the address that was used in their telephone request within 5 to 10 days from the time the IRS receives the request.
IRS Tax Return Transcripts requested by telephone cannot be sent directly to a third party by the IRS.
Submit the tax return transcript to Glen Oaks Community College; make sure to include the student’s name and ID# on the transcript.

Paper Request

Form 4506-T

Download form 4506-T
Complete lines 1-4, following the instructions on page 2 of the form.
Note that line 3 should be the most current address as filed with the IRS. It is the address where the IRS Tax Return Transcript will be sent. If the address has recently changed, include the address listed on the latest tax return filed on line 4.
Line 5 – Not available
On line 6, enter “year” to receive IRS tax information for the tax year that is required for the FAFSA you are submitting.
The tax filers (or spouse if requesting information from a joint tax return) must sign and date the form and enter their telephone number. Only one signature is required to request a transcript for a joint return.
Mail or fax the completed IRS From 4506-T to the appropriate address (or FAX number) provided on page 2 of Form 4506-T.
Tax filers can expect to receive their transcript within 5 to 10- days from the time the IRS received and processes their signed request.
NOTE: Processing form 4506-T means verifying/validating the information provided on the form. If any information does not match the IRS records, the IRS will notify the tax filer that it was not able to provide the transcript.

When Is Financial Aid Paid?

If your tuition and fees are paid, and your financial aid award is greater than the amount of your tuition and fees paid, this will result in a credit balance on your student account. This credit balance will be available for you to use at the Follett Bookstore and/or as a credit balance refund check.

The earliest date your credit balance refund check could be available to you is 6 weeks after the start of the semester. Disbursement dates can vary based on your class start dates. Please see below the credit balance refund dates for students who are attending classes starting the first week of the semester.

Students must meet class attendance standards before federal financial aid disburses to their account. Class attendance standards include participation as defined by each instructor.

For classes with different start dates: Financial aid funds will not disburse until a minimum of two weeks after the start date of the class and following determination of student meeting class attendance standards.

Semester: Fall 2018

Class Start Date:	August 27, 2018
First Credit Balance Refund Check Sent to Student:	Friday, October 5, 2018

Loans:
1st Disbursement posted to student’s account (first half of loan award minus loan fees):	Friday, October 5, 2018
2nd Disbursement posted to student’s account (second half of loan award minus loan fees):	Friday, October 19, 2018

Semester: Winter 2019

Class Start Date:	January 7, 2019
First Credit Balance Refund Check Sent to Student:	Friday, February 15, 2019

Loans:
1st Disbursement posted to student’s account (first half of loan award minus loan fees):	Friday, February 15, 2019
2nd Disbursement posted to student’s account (second half of loan award minus loan fees):	Friday, March 1, 2019

Semester: Summer 2019

Class Start Date:	May 13, 2019
First Credit Balance Refund Check Sent to Student:	Thursday, June 27, 2019

Loans:
1st Disbursement posted to student’s account (first half of loan award minus loan fees):	Thursday, June 27, 2019
2nd Disbursement posted to student’s account (second half of loan award minus loan fees):	Thursday, July 11, 2019

(The above dates apply if class attendance standards have been met for at least 6 credit hours)

Note: Please be informed your financial aid credit balance refund check will be mailed to your current address on file with the GOCC Registration Office.