Financial Aid is for You!
The Office of Financial Aid offers a variety of financial support services which are designed to help students with the educational related expenses involved in obtaining your educational goal. We will assist students with the process of applying for and receiving financial aid through federal, state, institutional and private organizations to support their success!
Fall 2025 Quarter Financial Aid Disbursement: 9/19/2025
- Did you complete your 2025-2026 FAFSA or WASFA?
- Are you meeting Satisfactory Academic Progress?
- Is your financial aid file complete with no remaining checklist items in ctcLink?
- Were you awarded aid for the quarter?
- Are you enrolled for the quarter?
If you answered YES, your financial aid should be applied to your tuition by September 19th. Any refunds due back to you will be processed by BankMobile Disbursements using your chosen refund preference. *Please note that disbursement dates may change without notice.
If the Fall quarter starts before your review is done, don't panic! Set up a Tuition Payment Plan in ctcLink while you wait for your aid decision.
Start with Your Financial Aid Application (FAFSA/WASFA)
Did You Know? Students must complete and submit their financial aid application EACH year to be considered for financial aid. Financial aid applications are good from Summer to Spring each year at Peninsula College. The student must complete the correct application year for the time they plan on attending Peninsula College to avoid processing delays.
- Students Enrolled Between Summer 2025 – Spring 2026
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Complete the Free Application for Federal Student Aid (FAFSA) if the student is a U.S citizen or eligible non-citizen or the Washington Application for State Financial Aid (WASFA) if the student is ineligible to complete the FAFSA due to immigration status.
The Peninsula College Office of Financial Aid may begin receiving and reviewing 2025–26 FAFSAs in April 2025. Summer 2025 aid applicants enrolled in Summer classes will be prioritized.2025-2026 FAFSA 2025-2026 WASFA Financial Aid Priority Consideration Dates
Note: Please only complete either the FAFSA or the WASFA, and not both. If you are unsure if you should complete a FAFSA or a WASFA, complete the questionnaire below.
- Students Planning to Enroll Between Summer 2026 - Spring 2027
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Mark your calendar and be early! The 2026-2027 FAFSA and WASFA opens 10/1/2025. Don't miss your chance to apply for financial aid.
Learn More About Applying for Financial Aid
Next Steps
Congratulations on applying for Financial Aid! At any time, you can log on to your ctcLink account to check the status of your financial aid application. Additionally, use the information below to stay informed on the application review and award notification process.
- Step 2: Financial Aid File Review
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Once either the student's FAFSA or WASFA is successfully submitted and Peninsula College receives it, they will be notified via email if there are any further documents required. Our office reviews applications within 4-6 weeks (may increase during peak times) of receiving them. If the quarter starts before their review is done, don't panic! Students can set up a Tuition Payment Plan in ctcLink while they wait for their aid decision.
Important: Students must complete their financial aid file by submitting any required documents listed in the ctcLink Tasks Tile through the Student Portal. Please respond promptly to any requests (made primarily via email) for information by the Office of Financial Aid in order to avoid delays in processing their financial aid application.
Did You Declare a Financial Aid Eligible Program of Study? As a reminder, if the student is currently Undeclared, they must make sure to choose their program of study to be considered for financial aid. If they need to update their program of study, please submit the Program of Study Update Form.
- Step 3: Award Notification
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Once the review is complete, the student's preliminary financial aid is awarded. A preliminary award is an award that they may be eligible for that appears on their ctcLink portal. After clicking on the Financial Aid tile, students will be able to access their student financial aid file and any award info. (Award information from academic years prior to 2021 will not be viewable in ctcLink.) The student will also receive an emailed copy of their Award Letter.
Preliminary awards may change due to student academic progress standards, and/or enrollment, therefore students may not receive the award amount that was originally posted.
Financial aid awards are subject to the availability of federal and state funds, the student's enrollment status at Peninsula College and meeting all financial aid eligibility criteria. The total amount of aid the student may receive cannot exceed their budget (Cost of Attendance), including aid from outside sources. The Office of Financial Aid may withdraw, reduce, or modify student's aid at any time due to funding limits or changes in their eligibility status.
It is critical for the student to notify the Office of Financial Aid of any of the following changes:
- Changes in the student's contact information such as a name or address
- A change in the student's state residency status
- If the student receives other types of financial assistance such as Veteran's Benefits, Worker Retraining assistance, or scholarships
Important: Some types of aid can be affected by Summer enrollment. If planning to apply for financial aid during the Summer quarter, there may be additional steps to be completed prior to the Summer quarter deadline.
- Step 4 : Understand How Your Enrollment Level Impacts Your Aid
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Enrollment Levels and Enrollment Intensity
The amount of aid you receive depends on your enrollment level at the time of disbursement.
Enrollment Level Number of Credits Percentage of Award Full Time 12+ credits 100% 3/4 Time 11 credits 92% 10 credits 83% 9 credits 75% 1/2 Time 8 credits 67% 7 credits 58% 6 credits 50% Less than 1/2 Time 5 credits 42% 4 credits 33% 3 credits 25% 2 credits 17% 1 credit 8%
Eligibility for Different Types of Aid
3+ Credits Required: State Grants and Scholarships (i.e., WA College Grant, College Bound Scholarship, Passport to College Scholarship, WA State Opportunity Scholarship, etc.)
6+ Credits Required: Federal SEOG, Federal Student Loans, Work Study, PC Grant, PC Tuition Waiver
Enrollment Monitoring
The Office of Financial Aid monitors your enrollment for aid adjustments at two critical times during each quarter:
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If you add or drop units before the Census Date (10th Instructional Day), your aid will be adjusted accordingly
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If you formally or informally withdraw from all of your classes (including completing zero credits) on or after the first day of the quarter
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- Step 5: Understand Your Responsibilities to Keep Your Financial Aid
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Congratulations on your financial aid award! To keep receiving your aid, you'll need to meet certain requirements.
- Step 6: Set Up a BankMobile Disbursement Account
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Students will receive a Refund Selection Kit from BankMobile Disbursements via email and in the mail (green envelope) with instructions on how to choose your preference for receiving financial aid refunds.
Transferring from another school that used BankMobile?
Each college creates their own BankMobile profile for students. These profiles cannot be merged by transferring from one school to another school. Peninsula College will create a new profile for you in BankMobile. The student's current email address on-file with the college can only be listed as the “primary” email in one BankMobile account. If the same email address is used for Peninsula College and another college, it will cause problems with our disbursement process until the student changes their primary email address in BankMobile or change it in their ctcLink account through the Student Portal. - Step 7: Estimate Your Expenses for College
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Though Tuition and Fees are a big part of the costs you will have while attending Peninsula College, there are other fees to consider as well. Some expenses are fixed (tuition and fees) and others are influenced and controlled by the your lifestyle (housing and personal expenses).
Need to submit a SAP Appeal? Did your income change from your financial aid application? Got selected for verification? Requesting a student loan?
We're bringing online Financial Aid forms to you! Access all your financial aid forms online with clear instructions and support every step of the way.
Types of Financial Aid
- Grants
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A grant is a type of financial aid that you don’t need to pay back. The amount of grant money awarded to you is based on demonstrated financial need (which is decided by your FAFSA/WASFA application).
- Student Loans
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A student loan is money that you borrow from the government, but must pay back.
- Scholarships
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Scholarships are awarded funds that you do not have to pay back. Many scholarships are based on academic merit or other achievements, while some are also need-based.
- Work-Study
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Our Federal Work-Study (FWS) and State Work-Study (SWS) programs offer on and off-campus employment opportunities for Peninsula College students with a demonstrated financial need. If you are granted Work-Study, you may work up to 19 hours per week while school is in session to earn money to go towards your cost of tuition, books, and fees.
Explore More in Financial Aid:
| Additional Financial Resources Financial Aid FAQ Funding for College |
Payment Options WorkForce Programs Worker Retraining |
Office of Financial Aid Hours & Contact
Fall, Winter & Spring Quarter:
Monday: 9:00 am – 2:00 pm
Tuesday - Friday: 9:00 am – 4:00 pm
Closed Saturday, Sunday & Holidays
Summer Quarter:
Monday: 9:00 am – 2:00 pm
Tuesday - Thursday: 9:00 am – 4:00 pm
Closed Friday, Saturday, Sunday & Holidays
Email: financialaid@pencol.edu
Phone: (360) 417-6390
Fax: (360) 417-6395