Types of Financial Aid
Grants are considered gift assistance and are provided from federal, state, and institutional sources. In general, students must be enrolled in a minimum of six credit hours per semester in order to receive funds from most of the following programs. Any exception to this six-credit-hour rule is noted in the actual program description.
- Federal Pell Grant (PELL) Program
This program is the foundation for other forms of aid. It is federally funded and designed for undergraduate students. Eligibility is determined by the Free Application for Federal Student Aid (FAFSA). The amount of the grant is determined by a federal funding formula, the cost of attendance, and the enrollment status of students. Rules regulating eligibility are set at the national level and apply to students no matter where they attend school.
- Colorado Student Grant (CSG) Program
This program is funded by the State of Colorado General Assembly. The primary purpose of this grant is to provide financial resources to undergraduate Colorado residents who would otherwise be unable to pursue a post-secondary education. Eligibility is determined by the formula for Pell eligibility, determined by completion of the FAFSA and funds are awarded on a first-come, first-served basis.
- Federal Supplemental Educational Opportunity Grant (FSEOG) Program
This program is for undergraduate students with exceptional financial need and priority is given to students who receive Federal Pell Grants. Eligibility is determined by the FAFSA and funds are awarded on a first-come, first-served basis.
The Community College of Aurora participates in the Federal Direct Loan Program and Direct Loans services all loans for the Colorado Community College System.
Students wishing to borrow a Federal Stafford Loan must have a completed FAFSA on file with CCA as well as submitting the following documentation:
- Direct Loan Request Form (Find the loan request here)
- Direct Loan Entrance Counseling (sent to us electronically, find it here)
- Direct Loan Master Promissory Note (sent to us electronically, find it here)
If you are offered a student loan on your award letter you must provide the above documentation to accept your offer. Loans are not processed if a request is not made by the student.
*Subsidized Loan Limitations*
As of July 1, 2013, federal limitations were implemented on borrowing Direct Subsidized Stafford Loans. More information regarding this regulation can be found in the Federal Student Aid document: Time Limitation on Direct Subsidized Stafford Loans.
Parents of dependent students may also take out loans through the Direct Loan PLUS Program by submitting a PLUS Direct Loan Master Promissory Note and a PLUS loan Application.
*You can find our Loan Request and PLUS loan applications here.
CCA will also work with alternative lenders for loans. Please contact us for assistance.
Students who have withdrawn from school or graduated are required to complete Direct Loan Exit Counseling.
CCA participates in two work study programs with award amounts based on the applicant’s documented need. These programs provide part time employment for eligible students to earn money to fund their education. To be considered for work study awards, students must indicate on the FAFSA that he or she wants student employment. Work study positions are located on both the CCA CentreTech and Lowry campuses.
Positions are also available to tutor math and reading to elementary, middle and high school students at various community schools and non-profit community agencies.
To the extent practical, CCA will attempt to provide employment that complements and reinforces the educational and vocational career goals of each student. Students earnings are restricted to the amount of their award.
The State of Colorado provides limited funds for employment of students who do not necessarily have a financial need; these students may qualify for Colorado No-Need work study. Applicants must be Colorado residents for tuition purposes.