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Current Students

The earliest that a student can re-apply for aid is the January of the upcoming academic year. (Example: January 2015 for the 2015-2016 Academic Year)

Students applying for aid for the current academic year must complete the following steps immediately:

Step 1:
RENEW YOUR AID

FEDERAL AID: Submit your Renewal FAFSA
Update your FAFSA for the next academic year with your updated tax/family income information.
Submit your FAFSA by March 2nd, if you wish to be considered for California State Grants (first time eligible applicants only).

OTIS AID ONLY: Students who only want to renew their Otis Scholarship or apply for Otis Work-Study must fill out the Otis Financial Aid Renewal Application and return to the Financial Aid Office.


Step 2:
CHECK YOUR EMAIL
The Financial Aid Office will email you once your awards are ready and your eligibility has been determined.

If you are selected for a process called Verification, or if any other documentation is needed, you can view these in the Requirements section of your Otis Self Service.
Please note: your financial aid may be delayed if you do not submit the necessary documentation in a timely manner!
 

Step 3:
ACCEPT YOUR AWARDS
Log into your Otis Self Service account to Accept/Decline your Financial Aid awards and view any outstanding requirements (if any).

If you are required to submit your tax information you can do so by choosing one of the following options:

    - Use the IRS Data Retrieval Tool on the FAFSA
                                   OR
    - Submit an IRS Tax Transcript by requesting an electronic copy to forward to the financial aid office.
     

Step 4:
APPLY FOR LOANS (if needed)

- PARENT PLUS LOANS require a separate application and credit check. These applications must be submitted electronically via www.studentloans.gov
  To learn more about the Parent PLUS Loan program, click here.
  Please note: parents who think they will be denied based upon an adverse credit history should still apply. Students' whose parents are denied a PLUS Loan become eligible for an Additional Unsubsidized Direct Loan.

- PRIVATE LOANS: Students who wish to borrow a Private Loan must complete the application directly with the lender of their choice. To compare a few lender options, please click here.


Step 5:
DISBURSEMENTS/REFUNDS

Financial aid funds are credited to the student's account after school begins. Funds in excess of tuition and fees will be refunded to the student (or the parent, in the case of a PLUS Loan).
Students are highly encouraged to check their online account through Self Service. Any questions regarding your refund should be directed to the Student Accounts department.