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Financial Aid

Changes to Financial Aid for 2012-2013 & 2013-14

Federal Pell Grant

12-13 – The 600% Pell lifetime limit went into place. De Anza College started running weekly reports to identify students at 450% or more. The minimum and maximum expected family contribution (EFC) used to calculate Federal Pell Grant Award also changed.


13-14 – The amount of the maximum Pell Grant award went up. In 12-13 the maximum award was $5550.00 and for 13-14 it is $5645.00.


Federal Direct Loans

12-13 – Direct Loans eliminated the interest subsidy during the grace period for loans made after 7/1/12. Due to sequestration, the origination fee on subsidized/unsubsidized and PLUS loans changed to 1.051% for subsidized/unsubsidized and 4.204% for PLUS loans with a first disbursement after 3/1/13.


13-14 – On July 6, 2012, the Moving Ahead for Program in the 21st Century Act (MAP-21)(Public Law 112-141) was enacted.  MAP-21 added a new provision to the Direct Loan statutory requirements that limits a new borrower’s eligibility for Direct Subsidized Loans.  Limits Direct Subsidized Loan eligibility for first-time borrowers as of July 1, 2013 (no effect on Direct Unsubsidized or PLUS Loan eligibility).  First-time borrower is a borrower who has no outstanding balance of principal or interest on a Direct Loan or FFEL loan on July 1, 2013, or on the date the borrower obtains a Direct Loan after July 1, 2013.  Borrower who had loan balance and paid off in full prior to receiving loans on/after July 1, 2013, becomes “first-time borrower”.  First-time borrower is no longer eligible for Direct Subsidized Loans once the borrower has received Direct Subsidized Loans for a period of 150% of the length of the borrower’s education program.


13-14 - President Obama has signed the Bipartisan Student Loan Certainty Act of 2013.  The new law amends the Direct Loan interest rate section of the Higher Education Act of 1965, as amended (HEA).


The interest rate for undergraduate students on Direct Subsidized and Unsubsidized Loans for the first disbursed on or after July 1, 2013 through June 30, 2014 will be a fixed interest rate of 3.86%. Direct PLUS Loans (Parents of Dependent Undergraduate Students) for the first disbursed on or after July 1, 2013 through June 30, 2014 will be a fixed interest rate of 4.60%.

Ability to Benefit

12-13 – Effective July 2012, new students who did not have a standard high school diploma or GED were not eligible for Title IV aid.  Current students without a standard high school diploma or GED who had received aid under the Ability-to-Benefit provision of the federal regulation were allowed to continue to receive financial assistance. Some students were grandfathered in based on their prior college experience.


13-14 – The same rules apply.Ability-to-Benefit is also now reported to the Department of Education through our disbursement process. Student's should be sure to correctly report high school diplomas received, whether from the US or a foreign school on both the FAFSA and their supporting documents turned in to the school so that their disbursements are not affected.



12-13 – All colleges and universities had to start collecting actual IRS data as part of the verification process. Students had to start submitting either a copy of a tax transcript or use of the Data Retrieval Tool on the FAFSA if selected. Verification of SNAP (food stamps) and child support paid also became required.


13-14 – Some students will need to verify their identity and educational purpose, while others may need to verify their high school diploma/GED.

Dream Act

12-13 – AB540 students completing the Dream Act application in California became eligible to apply for the BOG fee waiver beginning January 2013.


13-14 – AB540 students completing the Dream Act application became eligible to apply for Cal Grant, Chafee Grant, and BOG Fee Waiver.

Financial Aid
Baldwin Winery


Last Updated: 8/13/13