First, find out the estimated cost for you to attend Cochise College. All students seeking financial aid and/or scholarships will need to fill out a FAFSA and follow the rules and procedures associated with it, to include completing orientation and maintaining satisfactory progress.
Related Links
Grants & Loans
Federal Pell Grants
Grants are financial aid that don’t have to be repaid. Grants are often need-based and can come from the federal government, state government, college or career school, or a private or nonprofit organization.
The Pell Grant is awarded to traditional and nontraditional undergraduate students who have not earned a bachelor’s or professional degree. Eligibility is based on information provided on your FAFSA, as well as your enrollment status. The U.S. Department of Education guarantees that each participating school will receive enough funding to pay the grants to all its eligible students. The Pell Grant does not have to be repaid.
If you have attended college for four years or longer and received the Federal Pell Grant each semester of attendance, you are likely to exhaust or have already exhausted your lifetime limit of 12 semesters of Federal Pell Grant eligibility during the 2020‐21 school year. If you have attended college for three years or less and received the Federal Pell Grant each semester of attendance, you will likely not surpass the lifetime limit during the 2020‐21 school year. Whether you have used all of your Federal Pell Grant eligibility or only half, be conscious about the lifetime limit of the Federal Pell Grant when changing majors and/or scheduling classes.
- A student attending in the academic year 2022‐2023 at full time status and receiving their maximum annual award, the percentage used for 2022‐2023 is 100%.
- If the student attends only 9 credits (3/4 time) for each semester, the percentage used is 75%.
- If the student attends only 6 credits (1/2 time) for each semester, the percentage used is 50%.
- Step 1: Create an FSA ID. Students and parents are required to use an FSA ID, made up of a username and password, to submit their FAFSA form online and to access sensitive information on the U.S. Department of Education Websites. Your FSA ID is used to confirm your identity and electronically sign your federal student aid documents. Your FSA ID has the same legal status as a written signature. You can obtain an FSA ID on the FAFSA website by clicking Create an FSA ID on the login page.
- Step 2: Access the NSLDS website and click Financial Aid Review
- Step 3: Read the privacy statement on this screen. If you agree, click Accept to find your Lifetime Eligibility Used. A security configuration question may or may not prompt depending on your browser’s security configuration. If you are comfortable with your browser’s current security configuration, click Accept to continue. The Confirming Your Identity screen will appear after you click Accept.
- Step 4: Enter your Social Security number (SSN), the first two letters of your last name, your date of birth, and your PIN to confirm your identity.
- Step 5: View the Financial Aid Review screen listing your total Lifetime Eligibility Used.
For additional information on Pell Grant Lifetime Eligibility contact ‐ Federal Student Aid Information Center (FSAIC), call 1‐800‐4‐FED‐AID (1‐800‐433‐3243).
Loans
College does not automatically award student loans. Students must notify the Financial Aid Office of their need for student loans.
Official Cohort Default Rate Information
The U.S. Department of Education (the Department) publishes cohort default rates based on the percentage of a school’s borrowers who enter repayment on Direct Loan Program loans during a federal fiscal year (October 1–September 30) and default before the end of the second following fiscal year.
Cochise College’s rates:
2020 0
2019 2.9
2018 4.9
Student Loan Steps
- Request a loan from Cochise College Financial Aid.
- Be processed for financial aid at Cochise College.
- Be enrolled in at least six credits. We will certify current enrollment, satisfactory progress and verify that you do not have any other student loans in default. You must maintain at least half-time enrollment throughout the loan period to receive the funds. If you enroll in fewer credits than you originally planned, your loan eligibility may be reduced.
Loans may be subsidized or unsubsidized and are available to eligible undergraduate students. Eligible students may receive both subsidized and unsubsidized loans for the same enrollment periods. All students requesting loans must complete an Entrance Counseling and a Master Promissory Note at the government student loans website.
Federal Subsidized Student Loan Limit
First-time borrowers taking out federal Direct Subsidized loans on or after July 1, 2013 are subject to the 150% Direct Subsidized Loan Limit, which limits the amount of time a student is eligible to borrow subsidized loans to 150% of their published program length. This means that the actual time limit on your borrowing of subsidized loans varies based on the length of your program.
For example:
2 YEAR ASSOCIATE 3 YEAR LIMIT
1 YEAR CERTIFICATE 1.5 YEAR LIMIT
If you change your major, your limit may change as well, if this happens, the subsidized loans you received in your previous program usually count against your new maximum eligibility period.
If you reach the subsidy limit, you are no longer eligible to take out any more subsidized loans. However, this does not affect your eligibility for unsubsidized loans.
The interest on your existing subsidized loans is no longer subsidized by the government when you’re in school, a deferment, or in certain income-driven repayment plans. This means you are responsible for ALL interest that accrues on your subsidized loans moving forward.
Department Contacts
Director of Financial Aid
Karen Emmer | emmerk@cochise.edu
Financial Aid Advisor
Icela Faber | faberi@cochise.edu
(520) 515-3639
Douglas Campus
Student Services – 1000 Building
(520) 515-5417
Sierra Vista Campus
Student Union – 1000 Building
(520) 515-5417
Fax Number: (520) 515-5304