Financial Aid

Before requesting a Consortium Agreement with BC acting as the home institution, a student must meet the following criteria:

• Must have a 2.0 or higher GPA or no established GPA.
• Minimum of 6 units at their homeschool.
• Must have an in-state address.
• Only 2 exchange courses are allowed per term.
• Can only register during the Teaching College’s open registration.
• Home School must be enrolled at a CCC Home College.
• Consent to share data with the Teaching College.
• Students can visit CVC.EDU for course information and participating colleges.

Please note, the Consortium Agreement allows a student to receive full eligibility for Title IV Aid, such as the Pell Grant, Cal Grant, and other types of aid. The Consortium Agreement does not honor those applying for a student loan. You will need to be enrolled in 6 degree-applicable units with BC to be eligible.

There will be no adjustments to your financial aid if you add or drop courses after the census date for each term.

Students are advised to request a Consortium Agreement at least four (4) weeks prior to the beginning of the semester so proper eligibility can be determined.

Disbursement of aid cannot take place until your enrollment can be certified at both institutions.

A Consortium Agreement must be completed for each semester a student registers to take classes simultaneously and receive financial aid.

It may be difficult to obtain an in-school deferment for prior loan payments when a student is enrolled at two institutions. Contact your lender or servicer for details on obtaining an in-school deferment while simultaneously enrolled.

All other federal regulations and BC policies and procedures are applicable while a Consortium Agreement is in place. For questions regarding the Consortium Agreement procedures, please call the Office of Financial Aid & Scholarships at (661) 395-4428.

Next Steps:

1. Complete the Free Application for Federal Student Aid (FAFSA) and list BC (code: 001118) as your home school to receive the information and respond to all requests for additional information. The student's Institutional Student Information Record (ISIR) will be processed, and an award letter will be sent to the student with estimated financial aid eligibility amounts based on total enrollment/tuition for the semester. The student's cost of attendance will reflect actual tuition/fees assessed by the host and home institutions. The remaining cost of books, supplies, room and board, transportation, and miscellaneous expenses will be based upon BC's standard cost of attendance. Adjustments will be made at the time of disbursement if enrollment changes or original estimates of expenses differ from actual expenses.
2. Determine enrollment level and make any desired changes before any federal financial aid is disbursed. Aid eligibility cannot be changed, for any reason, after the census date.
3. To request a Consortium Agreement, visit cvc.edu. A formal institutional Consortium Agreement will then be submitted by the Financial Aid Office to the other school for enrollment certification. Note: some institutions cannot certify enrollment until after 30 days of class; therefore, it is the student's responsibility to make whatever arrangements are necessary for fee payment and books at each school. Financial aid cannot be disbursed until the Consortium Agreement has been certified and returned to the BC Financial Aid Office.
4. The Business Services office will apply all available funds to any outstanding college charges. It is the student's responsibility to make fee payment arrangements at both the home and host institutions. If you are eligible for a refund, make sure to update your refund selection with Bank Mobile at www.refundselection.com
5. The teaching college will send the official academic transcript to the BC Admissions & Records Office at the end of the Consortium Agreement semester for determination of satisfactory academic progress.