Financial Aid and Fees
Get the Financial Help You Need
Money shouldn't get in the way of getting a college education. The Financial Aid Office is here to help you get the financial support you need to pay your tuition and fees and afford college.
Apply for Financial Aid
Fill out the Free Application for Federal Student Aid (FAFSA) or California Dream Act Application (CADAA), and we will help you identify the aid for which you are eligible. The FAFSA is for US citizens and permanent residents, while the CADAA is for students who are not US citizens, permanent residents, or eligible non-citizens.
Make sure you are aware of the financial aid deadlines for each semester.
Folsom Lake College's federal school code is 038713.
Explaining the Financial Aid Process
Receiving financial aid can be confusing. The following are the basic steps of the financial aid process.
Complete Online Financial Aid Application
Complete the Free Application for Federal Student Aid (FAFSA) or the California Dream Act Application (CADAA) online.
- Academic year 2022-2023: Fall 2022, Spring 2023, and Summer 2023
- Academic year 2023-2024: Fall 2023, Spring 2024, Summer 2024
College Receives Financial Aid Application
About one week after your application is processed, your home college will send a "Welcome Notice" to your eServices Message Center.
If the Financial Aid Office need documents or any actions on your part, then we will place items on your eServices To Do List. Be sure to check your eServices and Los Rios Gmail.
After all documentation is submitted, your file will be reviewed to determine your financial aid eligibility.
After file review is completed, the types of financial aid and amounts of financial aid will be awarded. The number of Financial Aid Applicable units you are enrolled in impacts your financial aid award amounts.
At this time you may apply for federal student loans. You can view your awards in eServices by clicking Financial Aid and then selecting the correct aid year.
Award disbursement happens once per week throughout the semester as students become ready to receive aid. You can view if your aid is disbursed in eServices by clicking on Financial Account, then Account Activity.
Refunds are sent using BankMobile; be sure to set up your refund preference.
Maintain Financial Aid Eligibility
Students who drop classes or withdraw completely from all classes may owe a repayment of funds. Dropping classes also affects satisfactory academic progress (SAP) status.
Be sure to speak with and academic counselor and financial aid before you drop classes, and be sure to know the financial aid dates and deadlines and the academic calendar.
Tuition and Fees
The current tuition fee is $46 per unit for residents and $480 per unit for non-residents (beginning in summer 2023).
Types of Financial Aid
Learn how you can save money with grants, loans, scholarships, and more.
Financial Aid Policies
More Financial Aid Info
Please review the following requirements for financial aid:
Our general eligibility requirements are that you must:
- Demonstrate financial need (for most programs)
- Be a U.S. citizen or an eligible noncitizen
- Have a valid Social Security number (with the exception of students from the Republic of the Marshall Islands, Federated States of Micronesia, or the Republic of Palau)
- Be registered with Selective Service (see below), if you’re a male (you must register between the ages of 18 and 25)
- Be enrolled or accepted for enrollment as a regular student in an eligible degree or certificate program Ineligible and Eligible Certificate Programs
- Be enrolled at least half-time to be eligible for Direct Loan Program funds
- Maintain satisfactory academic progress in college or career school
- Sign the certification statement on the Free Application for Federal Student Aid (FAFSA®) stating that:
- You are not in default on a federal student loan and do not owe money on a federal student grant and
- You will use federal student aid only for educational purposes
- Show you’re qualified to obtain a college or career school education by:
- Having a high school diploma or a recognized equivalent such as a General Educational Development (GED) certificate
- Completing a high school education in a homeschool setting approved under state law (or—if state law does not require a homeschooled student to obtain a completion credential—completing a high school education in a homeschool setting that qualifies as an exemption from compulsory attendance requirements under state law); or
- Enrolling in an eligible career pathway program and meeting one of the "ability-to-benefit" alternatives (see below).
If you were enrolled in college or career school prior to July 1, 2012, or if you are currently enrolled in an eligible career pathway program*, you may show you're qualified to obtain a higher education by:
- Passing an approved ability-to-benefit test* (if you don’t have a diploma or GED, a college can administer a test to determine whether you can benefit from the education offered at that school) or
- Completing six credit hours or equivalent course work toward a degree or certificate (you may not receive aid while earning the six credit hours).
*For information about these criteria, talk to the financial aid office at your school. Your financial aid counselor can tell you whether your school offers an eligible career pathway program and can advise you about any ability-to-benefit tests the school uses.
Main Folsom campus
El Dorado Center
Rancho Cordova Center
Monday through Thursday:
8:30 am to 5:00 pm
8:00 am to 12:00 pm
Main Folsom campus
Student Services, Aspen Hall/FL1
El Dorado Center
Rancho Cordova Center
RCC1, Front Counter