Types of Aid
Financial Aid Office
Student Services Building, 2nd fl.
Los Angeles Pierce College
6201 Winnetka Ave.
Woodland Hills, CA 91371
(818) 704-8221 fax
How Financial Aid Works
Determining Financial Need
Most financial aid awards are based on demonstrated financial need, which is the difference between the Cost of Attendance (COA) and the Expected Family Contribution (EFC). EFC is the amount that the government believes you and your family can be reasonably expected to contribute towards your college costs during the academic year and is based on the information you provided on the FAFSA (or CA Dream Application).
Cost of Attendance
In order to treat all students equally, standardized budgets (Cost of Attendance) are established and applied to all applicants. This means all students with similar circumstances will receive the same allowance for tuition and fees, books and supplies, room and board, personal expenses, and transportation.
Other expenses may include, but are not limited to, dependent care, vocational/technical, and disability related expenses. Exceptions may be made to the budget in cases where need can be shown and documented. If you are paying for other expenses such as child care during the academic year, contact the Financial Aid Office to request an adjustment.
The Cost of Attendance is based on the Student Expenses and Resources Survey (SEARS) data and updated for three years of inflation using the estimated California Consumer Price Index.
The table to follow shows the estimated 2019-2020 nine-month Cost of Attendance budget for a California resident.
(living with parents)
|Off Campus (not living
|Tuition & Fees||$1,220||$1,220|
|Books & Supplies||1,917||1,917|
|Room and Board||6,786||15,084|
Other categories may be added to the Cost of Attendance, such as:
- Non-resident tuition cost plus $46 enrollment fee
- Child Care cost of $1,000 annually
- Direct Loan Origination/Insurance Fee - determined annually
Net Price Calculator
In accordance with the Higher Education Act of 2008, Los Angeles Pierce College is providing all current and prospective students and parents with this Net Price Calculator (NPC). The NPC will provide you with the estimated net price for attending Los Angeles Pierce College based on the student's individual circumstances.
How Financial Aid is "Packaged"
Once the student's financial aid eligibility is established, a "package" of aid is provided which may be a combination of grants, work-study, loans, and scholarships.
Grant amounts are based on the number of units a student is enrolled in at the time of disbursement. Full-time is considered 12 or more units per term, three quarter-time is considered 9-11 1/2 units per term, half-time is considered 6-8 1/2 units per term, less-than-half-time is 1/2 - 5 1/2 units per term.
Pell Grants are scheduled for payments twice per term. FSEOG, SSCG, and Cal Grants are scheduled for payment once per term. Federal Work-Study is paid twice a month. Loans are disbursed twice per loan period (period of enrollment for which the loan covers).
In certain cases, a family's situation change after the submission of the FAFSA. Below are examples of special circumstances:
- Death in the family
- Separation or divorce
- Loss of employment or other income
- Loss of non-taxable income or benefits
- Unusual medical expenses not paid by insurance
- Unusual dependent care expenses
If you are experiencing a special circumstances listed above, you may contact the Financial Aid Office at firstname.lastname@example.org for additional information and next steps.
Change in Enrollment Status
The college is required to review payment of funds to students each enrollment period to determine if the student have received an overpayment. If you did not attend any of your classes prior to the first day of instruction, and were dropped by the instructor after you already received financial aid funds, you will have to repay all of the funds you received.
If you received a disbursement and then drop units, you may be subject to repayment of some or all of the funds you received.
Students who received federal financial aid funds and then withdrew from all classes at their home school will not receive further disbursement and may owe an overpayment.
Winter Financial Aid
The Winter session is considered part of the Fall term for financial aid program purposes. Courses taken during the Winter session are defined as short-term courses. Winter session units count toward the total unit enrollment payment for the Fall term. If you enroll in a Winter course, you must complete the course in order to be eligible for financial aid disbursement. If you withdraw from the Winter course, you may be subject to an overpayment or Return to Title IV (R2T4) regulations.
Enrollment at Other Colleges
Consortium Agreements are in effect for all colleges within the Los Angeles Community College District (LACCD). If you are attending more than one college within the LACCD in the same term, your enrollment status will be the sum total of all approved units in which you are enrolled throughout the DIstrict.
Approved units are courses within a student's academic program. For students who have had an Extension Petition approved, approved units refer to the units listed on their Student Educational Plan (submitted with their petition) that have been approved by the Financial Aid Office for financial aid eligibility.
If you plan to enroll in courses outside of the LACCD and wish to have these courses count for enrollment and financial aid disbursement, you must complete a Consortium Agreement Form. The institution outside of the LACCD must be an eligible institution to be eligible for Consortium Agreement.