A student's financial aid is not automatically transfered to the college. Students should first add Otis (Federal School Code: 001251) to their FAFSA. Transfer students who wish to take out federal and private loans will need to fill out new loan documents for Otis.
Students who have loans should make sure that they have exited their previous school properly and have notified the previous School's Financial Aid Department so that no disbursements occur. Disbursement from the previous school means that the Otis Financial Aid Office cannot offer the same amount of aid or may have to delay until the previous school has returned the funds. Students may have to turn in an in-school deferment for federal loans and an enrollment verification (from the Office of Registration and Records) for private loans.
Students with California State Grants (Cal Grants) should file a change of school through the webgrant portal. If a student is going to be away for a term or more, the student should file a leave of absence form.
ATTENTION: CALIFORNIA COMMUNITY COLLEGE TRANSFER STUDENTS
Students from a community college should be careful regarding taking out Calgrants since they reduce the yearly eligibility award level. Students may request a community college leave of absence to keep their eligibility at the full amount while going through community college.
Students currently attending a California community college should pay attention to the information on the www.calgrant.org website regarding transfer entitlements. This can be beneficial if you meet the criteria and have your GPA Verifcation form and FAFSA filled out by the March 2nd deadline.
You are considered for a California Community College Transfer Entitlement if you meet the following criteria:
- Graduated from a California High School or taken the GED after June 30, 2000
- Currently attend a community college with more than 24 semester or 36 quarter units
- Intend to transfer to a bachelor degree-granting college
- Have at least a 2.4 community college GPA
- Meet the Calgrant Income and Asset eligibity standards
- Are under the age of 28 as of Dec 31 of the award year
- Applied before the March 2nd deadline