GENERAL ANNOUNCEMENTS FOR STUDENTS
DACA STUDENTS: The President's recent actions regarding DACA status do
not affect access to state financial aid through WASFA or YVC’s Beyond DREAMing
CHECK THE STUDENT PORTAL: The student financial aid portal will show if any required documents are missing. Instructions for using the student financial aid portal and copies of policies and forms with instructions can be downloaded from the FORMS page.
LOOK HERE FOR WORK STUDY ORIENTATION ANNOUNCEMENT
We will post the fall quarter orientation schedule when it is available.
The Financial Aid Portal provides you with detailed information about application information, awards, loans, processed loans, appeal decisions and personalized messages for you.
About Financial Aid
Financing a college education is an investment in the future. Federal and state financial aid programs, as well as privately funded scholarships, are designed to provide additional financial resources for students who are serious about attending Yakima Valley College but do not have adequate resources to pay the full cost of attendance on their own.
The staff in the financial aid office is committed to helping you qualify for financial aid. However, financial aid is no substitute for good planning and preparation. Please read the informational pages of our website. Be sure to apply early. Financial aid processing, especially during peak periods, takes longer than you might expect. In particular, allow at least two months for the office to process appeals or complete verification, and allow at least a month for loans to process before the start of a term.
If you are from out of town, have some start up money when you arrive for establishing your residence and arranging transportation. Start each term with some savings in hand so you can buy your books and be fully participating from the first day. Respond to any requests from the financial aid office in a timely manner and be sure to check the financial aid portal weekly.
If you need to drop off forms at the Yakima office outside our service hours, please leave forms at the Financial Aid Drop Box located on the front of the Financial Aid counter in Deccio Higher Education Center. Forms may also be mailed
Do you feel that money is always tight? We recommend you take a look at CashCourse as a free guide to learning how to manage your money better. Whether you are looking for ways to borrow less in students loans, or plan your future, CashCourse can help you get there. It's 100% free and sponsored by the National Endowment for Financial Education (NEFE). Take a look for yourself! Click Here!
The State of Washington has many pathways for residents to pursue career and educational opportunities. For more information about State Need Grant and other state financial aid programs to pursue higher education, explore Washington's Opportunity Pathways at the Ready, Set, Grad website. Click Here!
Access to data that is helpful to claim education credits when you file with your tax return. Official 1098-T forms for the 2015 tax year were mailed by a servicer before the end of January. If you need an official form and you have not received your 1098-T form by mid-February, contact the YVC Business Office.
For further information on federal tax credits and other benefits please see IRS Publication 970, "Tax Benefits for Higher Education" on the IRS website at http://www.irs.gov. The financial aid staff cannot provide advice on tax filing.
With school underway, the scammers are out. Protect your personal information, cash, and credit; beware of scammers out to get your money! Here are some of the college money scams to watch out for:
Giving money to get money. No proper scholarship should require an application fee, especially a costly one. Legitimate scholarships organizations are charitable groups that want to give money, not take it.
The U.S. Department of Education is calling. Beware of calls or emails from someone claiming to be from the U.S. Department of Education. This individual may try to tell you that you can have a grant instead of a loan, and will ask for your bank account number for a processing fee. Hang up! The federal government does not charge a processing fee for student loans or grants.
Paying for the FAFSA. The Free Application for Federal Student Aid is just that: free! Any FAFSA website that asks for payment information is not affiliated with the U.S. Department of Education. Some companies may offer services to fill it out on your behalf, but keep in mind that doing it yourself is easy if you follow each step in order. If you need help, see YVC and CWU resources including FAFSA/WASFA workshops.
"Guaranteed" money. Every genuine scholarship comes with some sort of requirements, whether it's a certain GPA, religious affiliation, or attending a specific school. But if a scholarship claims it is "guaranteed" or has no requirements, keep scrolling. The fine print will reveal this is far from true, with extensive red tape designed to prevent the funds from ever making their way into the hands of the recipient.
Unsolicited offers. If you are contacted about a scholarship or loan that you haven't heard of or asked for, be wary. This is especially true if you're told you've been pre-selected for aid by an organization that doesn't have any information about you; an authentic scholarship organization always requires and reviews applications.
Advance-fee loans. Be suspicious of loans that come with an upfront cost. These typically reel victims in with an exceedingly low interest rate or overly beneficial terms. They are likely a scam that will take your money and disappear into the sunset. Bona fide lenders wouldn't charge a fee in advance.
Exclusive scholarships. Nearly all scholarship information is freely available online. Real scholarship organizations want applicants to know about their grants and apply to them. It is unlikely someone can get you access to information you can't get yourself.
Financial aid seminars, services, and consultations. Not all financial aid services are fraudulent, but that doesn't mean they're a good idea. But we're not talking about things like the FAFSA night at your high school or college (those are good. Go to those); rather, this is about those paid services that promise you financial aid help and lots of scholarships and grants as a result. Aside from being unable to deliver on lofty promises, these costly services may offer decidedly bad advice, like encouraging you to cheat the system by moving money around to appear as though you have less. If caught, this could prevent you from receiving any help at all.
Never give your social security number to a telephone caller.
If you receive a call that you think may be legitimate, get as much information as possible