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Awarding Process

In order to be awarded…

In order for the awarding process to begin it is important that the financial aid office has received any requested documentation.  All correspondence will be sent via mail so students should ensure that Red Rocks Community College has your most current contact information. 

Your Financial Aid Awards

Awards are based on the assumption that students will enroll full-time for both the Fall and Spring semesters. If you enroll part-time some awards may be pro-rated based on the number of credits in which you are enrolled. For information about enrollment requirements for each type of award, see Types of Aid. The amount and type of financial aid you will be offered is based on your financial need and the availability of funds.

Click here for information on other factors affecting your eligibility.

Your Award

 Once you receive your award notification, please read the instructions and maintain a copy for your records.

• Awards are made assuming full time enrollment.
• Disbursement of financial aid is made in equal amounts over the semesters of enrollment.
• Enrollment in less than full time credits may result in the proration of certain types of aid programs.
• When awards are made they are made for the entire academic year. Meaning that if you apply by April 1st for financial aid you will be awarded for Fall and Spring terms. There is no need to file separate FAFSAs for each semester.
• Disbursement of funds begins after the census date for the respective term. Any eligible funds will be paid into student accounts. The cashier’s office will then begin the process of creating refund checks that are due to students.
• Refund checks are mailed out regularly. It will be imperative that students provide accurate contact information to the college so refund checks are mailed to the correct address.
• Financial assistance received from sources outside the college may affect aid eligibility that RRCC can award.  Other financial assistance includes but is not limited to, the following: veteran's benefits, private scholarships, any tuition benefits, vocational rehabilitation benefits, and scholarships.

Stafford Loan Applications

If you are interested in applying for a Stafford loan you will need to complete an application through Student Loan Online or Wells Fargo Online (Wells Fargo has a separate web site for loan applications). Information on the application process can be found on our Stafford Loan page.

If this is your first Stafford Loan at Red Rocks Community College you must complete an entrance interview. (If you have completed an entrance interview at a previous school, you must still do an Entrance Interview for your first Stafford Loan at RRCC.)

Timing of Disbursement / Financial Aid Refunds

If the financial aid that you are eligible to receive for the term is in excess of the charges you will have for tuition for that term you should receive a financial aid refund. 

Please keep in mind when making personal financial arrangements:

• Disbursement of aid does not begin until the recognized census date for the semester. Typically, this is approximately two weeks after the start of classes for the respective term.

• Refund checks will start being mailed shortly after the disbursement of funds to student accounts that show a credit balance.

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