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CONGRATULATIONS TO THE 2013-14 SCHOLARSHIP RECIPIENTS!
Welcome to Miramar College’s Financial Aid Website!
The Financial Aid Office is committed in assisting students who are looking to continue their education but lack the financial resources. We recognize that every student may have unique circumstances that should be considered. Every application is carefully analyzed with complete confidentiality to protect your personal and financial information.
IMPORTANT NEWS/CHANGES FOR THE 2013-2014 SCHOOL YEAR
All changes are effective July 1, 2013 and apply to all students unless otherwise indicated.
Interest Rates for Direct Loans
The interest rate for Direct Loans has increased from 3.4% to 3.86% on July 1,2013. This will affect loans disbursed between July 1, 2013 through June 30, 2014.
Origination fees for Direct Loans (effective December 1, 2013)
The origination fees for Direct Loans will increase to 1.071% for loans with first disbursements on or after December 1, 2013. Loans disbursed before December 1, 2013 will have an origination fee of 1.051%
Subsidized Direct Loan Lifetime Eligibility (Effective July 1, 2013 for New Borrowers only)
As Part of last year's agreement to keep interest rates at 3.4% for 2012-2013, Congress approved a new lifetime limit on receiving Subsidized Direct Loans. This new limit applies to new loan borrowers only. If a student previously borrowed a Subsidized loan from any college before July 1, 2013, this limit does not apply to them.
For new loan borrowers with loans disbursed on or after July 1, 2013, these students will be limited to 150% of Subsidized loan eligibility based on the length of their program. For example, a student is enrolled in a 2 year program at San Diego Miramar College. The student will only have 3 years of Subsidized loan eligibility and after the third year the student will no longer be eligible for a Subsidized loan at our school. Click here for additional information on the 150% loan limit.
Appeals for Fall 2014
Appeal forms can be downloaded and printed from our website.
Important Reminder: Appeal forms can only be submitted once you are officially enrolled for Spring 2014. Since this is one of our peak periods, appeal reviews may take longer than normal for a decision. We thank you in advance for your patience.
Satisfactory Academic Progress
The Satisfactory Academic Progress (SAP) policy has changed effective Summer 2011 and supersedes any previous standards. The SAP standards have been strengthened and the appeal process and the reinstatement process are now enforced more rigorously. Students who previously appealed and were approved must meet the SAP standards and any conditions set by the appeal decision or they will be disqualified again.
Online Classes And Out-Of-State Students
If your legal or mailing address is located in another state and you are enrolled in all online (web) classes, you will not be eligible for federal financial aid. If you feel your status is incorrect, you must come into the Financial Aid Office and provide appropriate documentation to show you reside in California.
For more information, download this document (Adobe® Reader required)
New Federal regulations require educational institutions to provide students with Gainful Employment information for specific certificate programs offered at our college. Visit Gainful Employment to view the information for each program offered at San Diego Miramar College.
Net Price Calculator
Using institutional data and data you enter, the Net Price Calculator will calculate the average net price of attendance at San Diego Miramar College. Please keep in mind, the final value is not an actual offer of financial aid or the actual cost you will pay. These are only estimates based on the previous attendance of students.
To use the Net Price Calculator, go to https://webprod.cccco.edu/npc/073/npcalc.htm.