Financial Aid at Pacifica Graduate Institute
Welcome to Financial Aid at Pacifica
Pacifica Graduate Institute is a degree granting institution, accredited by the WASC Senior College and University Commission (WSCUC) and is approved by the US Department of Education for participation in the Federal Loan Programs. We would like to take this opportunity to extend our welcome to you. While the process of financing an education can be challenging, the Financial Aid Office is committed to making this process as manageable as possible.The purpose of financial aid is to provide financial assistance to students enrolled in at least a half-time basis (minimum of three units/quarter) in an eligible program at Pacifica. Pacifica’s Board of Trustees, administrators, faculty and staff do all they can to ensure a quality educational experience.
National Association of Student Financial Aid Administrators (NASFAA) release 3/25/2020
“Relief for Federal Student Loan Borrowers
The bipartisan proposal would suspend payments and interest accrual on federal Direct Loans and Federal Family Education Loans (FFEL) held by ED until Sept. 30, 2020. The bill would also count each month of suspended loan payments as if the borrower had made a payment for the purpose of income-driven repayment plan loan forgiveness or Public Service Loan Forgiveness, as well as for loan rehabilitation purposes. Suspended payments are to be reported to consumer credit reporting agencies as regularly scheduled payments made by the borrower. Involuntary collections such as wage garnishment, tax refund reductions, and reductions of federal benefits like Social Security benefits would also be suspended until Sept. 30, 2020.
The bill requires ED, within 15 days of enactment, to inform borrowers of the temporary suspension and of their option to continue to make payments. The bill also requires ED to send six notices to borrowers, beginning on Aug. 1, 2020, informing them that the temporary suspension period is ending, and reminding them of their obligation to resume repayment. Those notices would be required to include information about income-driven plans.
Related to repayment, the bill also provides a tax break for large employers who contribute to an employee’s student loan payment. Under the measure, employers could pay up to $5,250 in payments for employees tax-free.”
This Section only applies to Direct Loans and FFELs that are held by the Department of Education. If a borrower refinanced a federal loan and it is now held by a private company, this Section will not apply. It also does not apply to private education loans
For further information we recommend you refer to your National Student Loan Data System (NSLDS) and FED Aid at: https://studentaid.gov/announcements-events/coronaviru https://www.benefits.gov/benefit/4625s https://studentaidhelp.ed.gov/app/home/site/nslds. We will continue to monitor for updates.
Wishing you and all you love health and wellbeing.
– The Pacifica’s Department of Financial Aid
Financial Aid Consultation
All applicants and newly accepted students are now able to schedule a one-on-one phone consultation with a member of our financial aid office.
View the breakdown of tuition and fees minus financial aid.
Cost of Attendance 2020-2021
View the estimated cost of attendance for each program.
The financial aid information published in this handbook is current and accurate at the time of printing. Federal and state regulations governing the various federal and state programs may change periodically. Please consult the Financial Aid Office for the most current information.
All postsecondary institutions participating in federal financial aid programs are required to make available certain information to assist consumers in making more informed decisions about their education options. Visit our Student Consumer Information page to review our disclosures.
General Eligibility Criteria How do I qualify?
The Federal Direct Stafford Loan program is an entitlement program and is not based on your income or assets. To qualify you must:
- Be admitted and enrolled in at least a half-time basis in an eligible program at Pacifica.
- Complete the FAFSA each year to determine eligibility for federal financial assistance. Use Pacifica’s School Code: G31268
- Must be in good standing in order to qualify for federal financial assistance. Student may not be in default on or owe a refund for any federal financial aid programs or federal liens.
- Must be a U.S. citizen or legal permanent resident of the United States.
- Provide proof of compliance with selective service registration and drug conviction regulations.
- Must be making Financial Aid Satisfactory Academic Progress (FSAP) toward the completion of the degree requirements.
Financial Aid Process How do I apply? ~ How does this work?
For helpful information regarding the Financial Aid Process, please download the Financial Aid Process Flow Chart.
- Step one: Complete the FAFSA (Free Application for Federal Student Aid) on an annual basis at https://fafsa.ed.gov . Please remember to include Pacifica’s School code – G31268.
- Step two: Once the FAFSA results are received, Pacifica will determine your eligibility and email you an Award Notification with instructions on how to complete the financial aid process.
- Step three: You will have access to review the award and actively confirm your interest (accept or decline) the Award on Pacifica’s Financial Aid Online System. If you accept the Award, you must also complete an online Master Promissory Note and Entrance Counseling requirements through the U.S Department of Education website at https://studentloans.gov.
Cost of Attendance
Cost of Attendance (COA) is a budget determined by the institution to estimate the cost of education for the academic year. This includes direct costs, such as tuition and residential/nonresidential fees, plus estimates of indirect costs, including living expenses (outside of Pacifica), books, travel, personal, and miscellaneous expenses. The estimated figures of the indirect costs are provided by The College Board and are based on nine-month California regional and metropolitan budgets developed by the Bureau of Labor Statistics. These indirect costs are only estimates. Individual student costs may vary based on student’s standard of living and residential location. A breakdown of the COA is available here.
- Students may apply for the Federal Direct Unsubsidized Stafford Loan year-round by completing the FAFSA on-line at https://fafsa.ed.gov but plan ahead to make sure that you complete the required items by the start of the quarter. All items should be accurately completed and received by the Financial Aid Office at least 3 weeks prior to your tuition due date. Although loans will be originated throughout the academic year, students who do not submit the required items in a timely manner must be prepared to meet their tuition obligation.
- New Students: 2021 Spring Scholarship Application Deadline is March 1,2021
Contact Financial Aid
249 Lambert Road
Carpinteria, CA 93013
(In Room 1 of the Guest House Building)
OFFICE HOURS: Monday–Friday, 8:30am–4:00pm
PHONE: 805.679.6197 | FAX: 805.565.9887 | EMAIL: firstname.lastname@example.org
Director of Financial Aid
- Enrollment Agreements
- Peace Corps – Paul Coverdell Fellows Benefits
- Financial Aid Suspension Appeal Review
- Administrative Policies –ED, BPPE state authorization
Lead Financial Aid Coordinator
- Financial aid publications
- Dissertation Students
- Satisfactory Academic Progress Review
- Loan Adjustments
- Repayment Counseling
Financial Aid Coordinator II
- General Financial Aid
- Loan disbursements
- Tribal Benefits
- Veteran’s Benefits / Vocational Rehabilitation Benefits
- AmeriCorps Benefits
Financial Aid Assistant
- General Financial Aid
- Ladera Lunch Consultations
- New Students
- Phone Consultations
Pacifica is committed to a policy of non-discrimination and does not discriminate on the basis of race, color, national origin, religion, creed, gender, sexual orientation, or identity, physical or mental disability, citizenship status (within the limits imposed by law or Institute policy), marital status, medical condition, or age in any of its policies, procedures or practices.