How Aid Works

These are the most frequently asked questions by students to understanding how financial aid works.

Am I eligible for financial aid?

Eligibility for financial aid is determined by completing the FAFSA. You must reapply each year for financial aid and meet the following requirements:

  • Be a U.S. Citizen or eligible non-citizen.
  • Have a high school diploma or GED
  • Be working toward an eligible degree or certificate program at TBCC.
  • Be registered with Selective Service, if required.
  • Maintain satisfactory academic progress as defined by the college.
  • Not be in default on a student loan.
  • Not owe a repayment on a federal grant.
How is my financial need calculated?

Once you apply for financial aid, your Expected Family Contribution (EFC) will be calculated. This is an estimate made by the federal government of what you and your family can afford to pay towards your college education.

The amount of money you can get is calculated like this:

Cost of Attendance (COA) – Expected Family Contribution (EFC) = The amount of aid you need

How do I apply?

To apply for federal and state aid, you need to file the Free Application for Federal Student Aid (FAFSA). You must renew your FAFSA each school year. You can learn all about applying for the first time or reapplying here!

How do I get help with FAFSA?
  • Use the Help and Hints boxes on the application online at www.FAFSA.ed.gov
  • Call 1-800-4-FED-AID
    3. Get Live help via chat at www.FAFSA.ed.gov
  • Contact the TBCC Financial Aid Office at (503) 842-8222 X 1135 or financialaid@tillamookbaycc.edu
What is “verification”?

When the college receives your Student Aid Report (SAR) from the FAFSA, the school may require you (and your parents if you are a dependent student) to submit documentation to verify the information you provided on your FAFSA.

Items required for verification vary for each student, TBCC will notify you of any financial aid requirements through your Tillamook Bay email address. Promptly fill out and return any financial aid requirements. Incomplete or late forms can result in a delay of financial aid. Keep a copy of all the documents you submit for your records.

What are the different kinds of aid?

You can learn all about the types of aid here!

How do I make sure I keep receiving my financial aid?

This is called “maintaining eligibility,” and here are some tips on making sure you stay eligible to keep receiving your financial aid while in college:

  1. Register for and complete all classes each term.

Students must complete 66.67% of the credits attempted with an A, B, C, D or P (pass) in order to maintain satisfactory academic progress. Dropped classes and courses that receive a grade of F, NP (No Pass) , I (incomplete) and W (withdraw) are NOT counted toward completed credits. Notify the financial aid office as soon as possible if you plan to change your enrollment status for a current or future term.

  1. Make sure you maintain and achieve an overall GPA of at least a 2.0.
  1. Complete your degree within a maximum timeframe.

Students are not eligible to receive financial aid after they have attempted the maximum credits allowed. The financial aid office determines maximum credits on an individual basis. You will be notified by the financial aid office when you are approaching your maximum timeframe. Students should be aware that changing colleges or degrees can affect timeframe. 

  1. Keep your contact information up to date.

You should update your information regularly with the college, FAFSA, and the PIN site. If there is a change of name, address or phone number login online or contact the financial aid office for information on how to update your information.

  1. Reapply for financial aid each year.

Make sure you reapply for financial aid [link toPaying for College Financial Aid] each year. Apply early, the application is available at FAFSA each year beginning on October 1st.

  1. Notify Financial Aid when taking a break from school.

Students withdrawing from school officially or unofficially may be required to repay all or a portion of their financial aid for the term. Make sure you contact the financial aid office before withdrawing from school. Loan repayment begins 60 days after the student is no longer enrolled in at least 6 credits.

How much will college cost me?

Tillamook Bay’s Cost Calculator is a helpful and quick tool to estimate how much your TBCC education will cost you.