ACC awards all students who have completed the FAFSA and met all documentation requirements on a first-come, first-served basis. Notifications of financial aid awards are emailed to students via their student email address. Loan offers must be accepted by the student in order to be processed (further details below), however grant aid awards are considered to be pre-accepted by the student.
ACC awards all aid based upon an estimated full-time enrollment status then adjusts all offers based upon actual enrollment status each term.
The FAFSA application is the base for all financial aid packages. Pell grant will be awarded to those students determined to be eligible for the grant.
First priority for additional funds will be made to those students who complete their financial aid file prior to May 1. Federal Supplemental Educational Opportunity Grant and Colorado Student Grant will be awarded, based on priority, to students who are classified as having high need (typically those with the lowest EFC). These awards will be adjusted based upon actual enrollment. Federal Direct Loans are made available to all students taking at least 6 semester credits.
Loans and Work Study offers require additional steps in order to be both accepted and paid. You can accept these awards online via the Student Finance tab on myACC or you can stop by the financial aid office for help accepting these types of financial aid. To learn more about loans or work study, just click!
First-time borrowers: If you have accepted federal direct loans and wish the loan to be applied to your account, two additional requirements must be completed at the StudentLoans.gov website.
Step 1: Loan Entrance Counseling
- If you are a student and have not previously received a Subsidized/Unsubsidized Loan under the Direct Loan Program or Federal Family Education Loan (FFEL) Program, you must complete loan entrance counseling for your loan type in order to receive a loan. This ensures you understand the responsibilities and the obligations you are assuming by receiving a Direct Loan.
- To complete Entrance Counseling for Direct Subsidized/Unsubsidized Loans and Direct Parent PLUS Loans, sign in using your Federal Student Aid ID (replaces the PIN). Select the "Complete Entrance Counseling" option and follow the directions.
Step 2: Direct Loan Master Promissory Note (MPN)
- The MPN is a promissory note that can be used to make one or more loans for one or more academic years (valid up to 10 years).
- To sign your MPN, sign in to StudentLoans.gov using your Federal Student Aid ID (replaces the PIN). Select the "Complete Direct Subsidized/Unsubsidized Loan Master Promissory Note (MPN)" option and follow the directions.
- Questions? Visit the StudentLoans.gov FAQ page.
Your Student Account
Accepted aid shows as a payment against your outstanding student account, even if they aid has not paid through to your student bill. As long as you have accepted aid in excess of your outstanding student bill for the term, your account is considered paid with financial aid. In this situation, you will not be dropped from courses for non-payment. Students who do have financial aid and are notified that they are at-risk of being dropped for non-payment should contact the Financial Aid Office immediately at email@example.com.
Disbursements and Refunds
Payment of your accepted financial aid applies to your student bill the day after the ADD/DROP deadline for the semester. Within two weeks of the ADD/DROP deadline, any excess balance of aid (financial aid refund) is placed on your CCCS Refund Card. Check the Financial Aid Calendar for dates refunds are made available to students.