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Financial Aid 101

How To Pay For Your College Education


Overview
❏ College Costs
❏ UC’s, CSU’s, CC’s, and Privates
❏ Paying for college
❏ FAFSA
❏ Federal Aid
❏ State Aid
❏ Dream Act (CADAA/AB540)
❏ Webgrants4students
How Much Does
College Cost?

UC’s
How Much Does
College Cost?

CSU’s
How Much Does ❏ $46/unit
❏ Health Fee $19/semester
College Cost? ❏ Student representation fee
$1/semester
❏ Additional Fees
❏ Parking
California ❏ AS
❏ Transcripts
Community ❏ Instructional material

College ❏ Books and supplies


Point Loma, USD, and USC Comparison

How Much Does


College Cost?

Privates
How do YOU
pay for
college?
❏ FAFSA
❏ California Dream Act
❏ Scholarships
❏ Grants
❏ Loans
❏ Personal Savings
❏ Family & Friends
❏ FAFSA
❏ California Dream Act
❏ Scholarships
❏ Grants
❏ Loans
❏ Personal Savings
❏ Family & Friends
❏ Federal
❏ Pell Grant

FAFSA
❏ Work Study
❏ Loans

Free
Application
❏ California
❏ Cal grant

Federal
Middle Class Scholarships
❏ BOG Fee Waiver

Student
Aid ❏ Foster Youth Grant

❏ Institutional Aid/Scholarships
October 1st -March 2nd
Documents Needed For FAFSA

❏ SSN or Alien Registration Number (if not a US citizen)


❏ Income tax records from previous year (2016)
❏ W2 forms from employers
❏ Other records of income earned
❏ Current bank statements and records of stocks, bonds, and other investments
❏ Records of untaxed income received such as welfare benefits, social security benefits,
child support, etc
Step 1:
Create an FSA ID

Step 2:
Have Parent/Legal
Guardian create FSA
ID (if applicable)

Step 3:
Begin FAFSA

Note: This is how you


electronically sign the
FAFSA.
❏ $ you receive is based on EFC: Expected family
contribution

Total Cost of Attendance

- Expected Family Contribution


How is your
financial aid Financial Need

determined?
College Cost of EFC Need
Attendance

UCSD 30,000 2,000 28,000


Federal and State Aid

Federal Aid State Aid


Pell Grant → $5,920 Cal grant→ A, B, C

Loans California Chafee Grant Program


● Subsidized
Dream Act
● Unsubsidized
● Private Middle Class Scholarship

Work-Study California College Promise Grant

And more...
State Aid: Cal Grant

General Eligibility Requirements: How to Apply:

❏ California resident or AB540 eligible ❏ Submit a HS GPA verification form to


❏ US Citizen or eligible non citizen or AB540 CSAC
❏ Males must meet selective service ❏ Complete the FAFSA or DAA
requirements ❏ Create an account at Webgrants for
❏ Attend a cal grant eligible school students after you submit your FAFSA or
❏ Not have earned a BA DAA
❏ Not be incarcerated
❏ Enroll at least half time to receive payment
❏ Maintain satisfactory academic progress
Cal Grant A
❏ UC: $12,630
❏ Low to middle income ❏ CSU: $5,742
❏ 3.0 GPA + ❏ Private, Non-Profit / Private,
For-Profit (WASC Accredited):
❏ 2-4 years $9,084
❏ Tuition and fees ❏ Private, For-Profit (Non-WASC
❏ Held for 2 years until student transfers Accredited): $4,000

Cal Grant B
❏ Low income
❏ 2.0 GPA min.
❏ At least a 1 year program
❏ Include living expenses amount

Cal Grant C
❏ Students pursuing associates or
certification program (Technical)
❏ Up to $2,462 for tuition and $547 for
books, etc.
State Aid: California Chafee Grant

Eligibility: Application:

❏ Be a current or former foster youth who was a ❏ Submit the Free Application for Federal
ward of the court, living in foster care, for at Student Aid (FAFSA) online;
least one day between the ages of 16 and 18. ❏ If you do not have a Social Security Number
❏ Youth who are/were in Kin-GAP, a non-related (SSN), submit the California Dream Act
legal guardianship, or were adopted, are Application (CADAA) online. (Dream Act Id
eligible only if the youth was a dependent or required to submit a Chafee Grant
ward of the court, living in foster care, for at Application)
least one day between the ages of 16 and 18. ❏ Submit the California Chafee Grant
Application online;
State Aid: Middle Class Scholarship

❏ Available to students attending UC or CSU


❏ Family income and assets can not exceed
$165,000
❏ Eligible for no less than 10% and no more
than 40% of the tuition and fees
❏ Varies by students and institutions
California College Promise Grant

❏ Eligibility
❏ California residents
❏ Meet income standards
❏ Enrolled at CC
❏ Financial need
❏ Waives enrollment fees
❏ Assistance for books and
supplies → separate application
❏ CCCApply
❏ icanaffordcollege.com
What kind of aid can
Dreamers apply for?
❏ Cal Grant, Chafee Grant, Middle Class
Scholarship
❏ UC Grants, State University Grants
❏ California College Promise
❏ University or private scholarships
❏ Dreamer Cal Grants include:
❏ High School Entitlement Cal
Grant A & B
❏ CCC Transfer Entitlement Cal
Grant A & B
❏ Cal Grant C
California
Dream
Act
Application
(CADAA)
Cal Grant for
AB 540 Requirements:

Dreamers
❏ Attended a CA high school for at least 3 years or
attained the equivalent of at least 3 years
❏ Graduate for CA high school or passed GED
❏ Will enroll in accredited college or university
● Meet AB 540 eligibility ❏ Complete an affidavit to legalize immigration
● Apply for Dream Act status as soon as eligible
● Have GPA sent to CSAC ❏ Do not hold a valid non-immigrant visa
❏ F, J, H, L, A, B, C, D, E, etc
Applying for aid as a
dreamer does NOT impact
your immigration status!
If you completed the FAFSA instead of the CADAA...
I completed and
successfully submitted my
FAFSA/CADAA, and my high
school uploaded my GPA.
What is next?
Webgrants4students.org
❏ Students may be
presented with up to
2 requirements:
Confirmation of
School of Attendance
and/or Submit High
School Graduation
Confirmation.
❏ These requirements
must be completed in
order to claim the Cal
Grant award
Any Questions?

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