Applying for and Renewing Financial Aid

All US citizens and eligible non-citizens are required to file the Free Application for Federal Student Aid (FAFSA)  each year.  Undocumented student, who are California residents, should complete the Cal Dream Act application instead of the FAFSA each year.  First time international need-based aid applicants and all new and continuing domestic need-based aid applicants are also required to complete and submit the CSS Profile each year.  Students should submit signed copies of their and their parent(s) completed 2016 U.S. income tax return(s) to the College Board’s IDOC Document Imaging Service to begin the evaluation of their financial aid eligibility. Students should also check the IDOC website after completing the CSS Profile to see if other documents are required. Continuing students should check their Scripps College My Financial Aid portal to see their required documents.

  • The Department of Education or Scripps may select a student for Federal Verification. This means families must submit Tax Return Transcripts and information and other documents to our office to ensure accuracy. If you have been selected for Verification, we will post the required items as missing requirements to your Financial Aid portal. We cannot accept 1040 federal tax returns as fulfillment of the verification requirement. Instead, you can fulfill the tax return obligation by using the IRS Data Retrieval Tool on the FAFSA once your tax return is completed; or you can request a 2016 Tax Transcript from the IRS website (irs.gov).
  • Verification does not result in a change of aid unless information submitted does not match what was initially reported on your FAFSA.
  • We will NOT disburse aid to your student account until all required verification documents have been submitted and reviewed by the Office of Financial Aid.

If your parent(s) owns a business, a farm, a partnership or a corporation, it is important that you provide copies of their business tax returns as well as Business/Farm Supplement Form for each separate entity. Many parents have Sole Proprietorship or LLC which may reported on IRS Schedule C.  Some parents have rental properties that are reported on IRS Schedule E. Farms are often reported on IRS Schedule F. If your parents have an IRS Schedule C, Schedule E, or Schedule F, they should include it when they submit their federal tax returns.

If you parent has a partnership,  an LLC, or a corporation that reports income or losses on page 2 IRS Schedule E, you must also provide a copy of all pages their IRS Corporate Tax Return (Form 1120S) or Partnership Tax Return (Form 1065) as well as their K-1 statement(s). Again, a Business/Farm Supplement Form should be completed and submitted for each separate business entity.

Although the business equity from some small businesses are excluded from the federal need analysis, both the business equity and income or losses derived from the business will be considered in the determination of  your estimated family contribution under our institutional methodology.

Prospective students should check the Financial Aid tab on their Admission Applicant Status Page to see which documents and applications have been received and which are still pending. Enrolled students will be given access to the My Financial Aid Portal to view your documents and messages. These are important tools to keep you connected to the process, as documents are added at various stages of the application and awarding process. Documents submitted to the IDOC website will take 7-10 business days to appear on the Admission Applicant Status Page and the My Financial Aid portal.

You and your parents may need to borrow, use current income and/or pay over time using the Scripps College payment plan. For your specific options, please contact the Office of Financial Aid.

  • Because a family’s financial resources can vary from year-to-year, students and families must re-apply for financial aid each year. If the family’s financial circumstance remain relatively stable from year-to-year, the Estimated Family Contribution (EFC) should remain fairly stable.  If a family’s financial circumstances change from year-to-year (e.g., changes in income, changes in assets, changes in number of siblings who are undergraduates in college), then the EFC will change.Families should note that the cost of attendance will change each year.  Historically, this change has been approximately 3 to 4 percent each year. In addition, the maximum annual amount of need-based student loans you will receive in your financial aid award will change each year. We cannot guarantee your financial aid award will not change in future years; however, for families whose financial circumstances do not change year-to-year, the amount of need-based grant aid will generally remain the same or increase slightly.
  • The student must also meet Satisfactory Academic Progress.
  • Merit scholarships may be renewed from year to year as long as the student is meeting Satisfactory Academic Progress.
  • The maximum period for any Scripps College award is 8-semesters of full-time enrollment.

Scripps’ Satisfactory Academic Progress (SAP) guidelines are outlined in detail in the Scripps College Course Catalog. We encourage you to review these guidelines and contact our office with questions. In short, SAP requires that students:

  • Maintain a minimum cumulative 6.0 GPA (on a 12.0 scale)
  • Successfully Complete a minimum (pass) 67% of the courses attempted
  • Must remain enrolled full-time each semester
  • Complete your degree objective within 4-years for Scripps College aid and within 6-years for federal aid.

Financial aid recipients, who change their enrollment status during the institutional refund period or who drop all of their courses any time during the semester are required to notify the Office of Financial Aid. Students who are recipients of Title IV federal student aid are covered by federal Return of Title IV Funds (R2T4) regulations.

Financial aid is awarded to a student under the assumption that the student will attend for the entire period for which the assistance is provided and thereby “earn” the award. When a student ceases academic attendance prior to the end of that period, the student may no longer be eligible for the full amount of federal, state or institutional funds that the student was originally scheduled to receive.

If a Title IV recipient withdraws from all classes on or before the session is 60 percent complete, based on their withdrawal date, federal policy requires that any “unearned” Title IV federal student aid be returned to the U.S. Treasury, even if the student is not entitled to a refund of tuition.

Institutional Funds are considered to be earned after the first 30-days of instruction. Students who withdraw on or before the 30th day of instruction and receive a tuition refund, will have their institutional aid recalculated based upon their lower tuition expense.

For more information, please review the Scripps College Catalog section on Withdrawal Implications for Financial Aid and Scholarship Recipients.