Financial
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Financial Aid Contacts
David Pineschi
Financial Aid Director
dpineschi@epic.edu.
916.348.4689
Satenik Sedrakian
Financial Aid Clerk
ssedrakian@epic.edu
916.348.4689
EPIC Bible College, formerly Trinity Life Bible College is here to help you achieve all that God has for you. We are so happy that the financial aid department can help you receive the education needed to fulfill your destiny in God. Therefore, we offer Federal Title IV programs, state funding, and institutional scholarships to help you pay for the cost of education and achieve your goals. If you haven’t already, please fill out a Free Application for Federal Student Aid (FAFSA), at www.fafsa.ed.gov. For more information please see Financial Aid Application.
We understand that the financial aid process can be difficult, but the financial aid office at EPIC Bible College is here to assist you in every possible way to help you through the process and as stress free as possible.
EPIC Bible College strives to offer quality education at affordable prices, and yet we recognize that the high cost of education can make your academic goals seem financially out of reach. If you believe the Lord is calling you to EPIC but cannot imagine how you would afford it, please read through our Financial Aid information for more assistance.
Financial Aid News, Deadlines and More Info
Cal Grant Application due March 2, 2011. The upcoming year’s FAFSA is not available to complete until January 1, 2011.The following forms need to be submitted by March 2nd:
1. 2011-12 FAFSA – www.fafsa.ed.gov
2. 2011-11 GPA Verification Form
The Health Care and Education Affordability Reconciliation Act of 2010 will change how most student loans are administered. In this act congress has decided to replace FFELP loans with Direct lending. FFELP loans were funded and administered through lenders where as Direct lending is funded directly from the federal government. More details on how to apply available July 1, 2010.
There is a new repayment plan called the Income Based Repayment Plan (IBR) for federal education loans that bases monthly payments on income, not debt. it is designed to make repaying loans easier for students who have careers in public service or Non-Profit organizations. This repayment plan can drastically reduce your payments and also include loan forgiveness after 10 years. For more information contact your lender or financial aid office.
Great news! In the new stimulus package the Pell grant Maximum was raised to $5,550.00 for the 2010-11 school year. Also, for those eligible to receive a Hope Credit Scholarship on your tax return for 2009, the maximum benefit is now $2,500.00. In addition, it is not limited to two years. You can now use this benefit for your first four years of school.
A. Please file your 2010-11 FAFSA today by visiting fafsa.ed.gov. To complete a FAFSA you should apply for a PIN number @ www.pin.ed.gov. This number is your electronic signature to your FAFSA. I recommend using your 2009 tax returns to complete the application, but if those are not available yet you can estimate using your W2′s. Our school code at TLBC is 034033.
B. Please contact David Pineschi with any questions.
Eligibility
To be eligible for financial aid the following items must be met. If you have any questions about any of the items please contact our Financial Aid Officer.
- Submit a FAFSA (www.fafsa.ed.gov School Code 034033)
- Demonstrate financial need (Cost of Attendance – Expected Family Contribution = Need)
- Have a High School Diploma, GED, or pass the Ability to Benefit Test
- Be a U.S. citizen or an eligible non-citizen
- Have a Social Security number
- Register for Selective Service (males 18-25)
- Be enrolled in an eligible program
- Maintain Satisfactory Academic Progress
- Not be in default on a federal student loan
- Submit verification forms (Please see Financial Aid Verification)