Money that the federal or state government gives or loans
students. FAFSA=Free Application for Federal Student Aid FAFSA
Website: www.fafsa.ed.gov
Slide 3
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U.S. citizen or Permanent Resident Have a Social Security
Number High school diploma, GED, or equivalent. Demonstrate
financial need Register with Selective Service (males only). Enroll
in an eligible degree or certificate program. Good academic
progress.
Slide 5
Cal-Grants Pell Grants University Grants Loans Work Study
Slide 6
Grants=Free Money Cal Grant A Cal Grant B Cal Gran C
Loans=Borrowed Money Subsidized Loan Unsubsidized Loans Work Study
=Work for your money Scholarships=Free Money
Slide 7
Program Who can applyAnnual awards up to.. Application deadline
Forms requiredEligibility requirements Cal Grant Aundergraduates
CSU: $5,472 UC: $12,192 March 2 Verified GPA 3.0 High school GPA
Cal Grant Bundergraduates $1,473 (first yr) Fees/Tuition plus 1,473
in 2 nd, 3 rd, 4 th year March 2 Verified GPA 2.0 high school GPA,
financial need Cal Grant CTechnical and career students March 2
Verified GPA Financial need Federal Pell Grant undergraduates
$5,550March 2 Fafsa.ed.gov Financial need (EFC and COA)
FSEOGundergraduates $4,000March 2 Fafsa.ed.gov Financial need (EFC
and COA)not all colleges offer it University of California Student
Aid UC undergraduates/Gra duate $14,000March 2 Fafsa.ed.gov
Financial need State University Grant Undergraduates/gra duates
Full system- wide fees March 2 Fafsa.ed.gov Financial need
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On July 1, 2013 Governor Jerry Brown signed a historic
legislation aimed at making higher education more affordable.
Starting in the 2014-15 academic year, the Middle Class Scholarship
(MCS) program would apply to undergraduate students with family
incomes up to $150,000 and who attend a University of California or
California State University campus.
Slide 10
Who qualifies for the Middle Class Scholarship? New, transfer
and returning undergraduate students to California State University
or University of California with a family income of up to $150,000
may be eligible for the Middle Class Scholarship. What are the
requirements to receive a MCS? You must be a U.S. citizen,
permanent resident, or have AB 540 status; not be incarcerated; not
be in default on a student loan; be a California resident; maintain
a 2.0 GPA; meet certain income and other financial aid standards;
and attend a California State University or University of
California campus
Slide 11
Eligible students can earn part of their financial aid through
working on or off campus. 15-20 hrs per week Obtain experience
working in a career-related or community service employment.
Slide 12
Must have financial need. 4.66% fixed interest rate (for
2014-15) for undergraduate students. The federal government pays
the interest while student is in school: Must be enrolled half time
or more Grace period of 6 six months after graduation, withdrawal,
or enrolled in less than half time.
Slide 13
For eligible students, regardless of their financial resources.
The student is responsible for paying the 4.66% (fixed) interest
that accrues at the time loan is processed. Its to students
advantage to pay the interest while attending school in order to
avoid loan debt increase.
Slide 14
Loan borrowed by parents to help pay for students college
costs. Interest rate is fixed at 7.21% depending on the loan
program and college/university student attends. Amount borrowed
depends on credit eligibility and college costs. Can borrow the
total amount of undergrad study minus any aid received.
Slide 15
Loan to be considered if grants and Federal student loans do
not cover all college costs. Loan amount and interest rate are
based on credit eligibility of student and/or parents. Interest
rate is higher than federal student loans.
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Student Demographics: Name MUST match the Social Security Card.
School Selection: Students who applied to CSUs, UCs and Private
schools should include top school for each system. Emancipated
Minors: select yes ONLY if the student can provide a copy of a
courts decision that as of today, he/she is an emancipated
minor
Slide 18
Foster Care : Select yes if at any time since the student
turned 13, he/she was in foster care even if the student is no
longer in foster care today due to: 1. Adoption (even for a day) 2.
Reunification 3. Reached the age of majority (18yrs) Note:
Documentation may be required
Slide 19
Select yes if any time after July 1,2014, the student meets all
three criteria Homeless or at risk of being homeless Lacking fixed,
regular and adequate housing. Includes living in shelters, motels,
cars, or temporarily living with other people because you had
nowhere else to go. Unaccompanied Not in the physical custody of a
parent or guardian. Youth Under 21 years of age
Slide 20
The Financial Aid Office has authority to make a dependent
student independent if unusual circumstances exist: An abusive
family environment Abandonment by parents Inability to locate
parents
Slide 21
The following do not qualify as Unusual Circumstances: Parents
refuse contribution to education Parents unwilling to provide
information on the application or for verification Parents not
claiming the student as a dependent for income tax purpose Student
demonstrating total self-sufficiency
Slide 22
If your student and family have unusual circumstances, please
contact the financial aid office at the college you plan to attend.
The financial aid office will advise you on how to proceed.
Slide 23
On June 26,2013 the Supreme Court struck down the section of
DOMA that provided that for purposes of federal programs, a
marriage can only be between one man and one woman.
Slide 24
FAFSA & CA Dream Act applications: Language will be gender
neutral- Parent 1, Parent 2 as designated by filers, not processors
FAFSA & CA Dream Act applications now will collect the
information of unmarried parents living together and parents or
parent/step-parent in legally recognized same-sex marriage.
Slide 25
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Relationship of student to parent Includes both parents incomes
on the app? Only Includes one parents income on their app?? Parents
married living together YesNo Parents not married, living together
YesNo Parent is widowed, not married NoYes Parents are divorced or
separated, not living together NoYes ( Include the parent the
student lived with most during the last 12 months. If equal time,
include the income for the parent who provided most of the students
financial support during the last 12 months) Parent and step-parent
living together YesNo The FAFSA& Dream Act applications now use
relationship of parent to student, VS. Legal relationship between
parents for basis of collecting info.
Slide 27
Foster Parents *No Grandparents, brothers, sisters, uncles, or
aunts * No Parent means biological/adoptive parent- gender of
biological or adoptive parents is not relevant * Students living
with legal guardians, foster parents, or relatives are usually
considered to be independent students
Slide 28
1. Never Married 2. Married or Remarried 3. Unmarried and both
parents living together 4. Divorced or Separated 5. Widowed
Slide 29
Pin and Signature Terms of Agreement Provide documents to
verify accuracy of information IRS verification IMPORTANT: Parents
who are not legal residents must mail in the signature page when
FAFSA is submitted and when corrections are made!!
Slide 30
30 Allows students to transfer information from the FAFSA to a
state application Note: Option is only offered on the confirmation
page
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SAR- Student Aid Report is electronically sent within 3-5 days.
IMPORTANT: FAFSA is not complete until you add 2014 Tax
information!!!!!!!!
Slide 33
Scholarships = FREE MONEY!! Merit based scholarships (academic
performance) Need based scholarships (financial need). Scholarship
funds come from: Colleges/Universities Foundations, Companies
Individuals Community-Based Organizations Deadlines will vary
depending on the scholarship.
Slide 34
Involve a separate application process. Scholarships are
usually released in Fall. Deadlines vary (from late fall to early
spring). Personal Statement may be required. Letter of
Recommendation (from teacher, academic counselor, mentor,
supervisor, etc.) may be required. Transcripts may be requested.
Finalists may be interviewed by panel.
Slide 35
Allows specific non resident student to pay in state fees at
UCs, CSUs. and CCCs Saves students thousands of dollars in college
cost each year AB540 does not make a student: Eligible for federal
financial aid or A legal California resident
Slide 36
A Student who: Attended at least three (3) years at any Public,
Private, Home Schools or Combination of schools. OR Attainment of
credits earned in California from a California high school
equivalent to three or more years of full-time high school
coursework and a total of three or more years of attendance in
California elementary schools, California secondary schools, or a
combination of those schools. Graduated or received its equivalent;
and Files an affidavit with the college to apply for legal
immigration status when possible
Slide 37
Signed into law September 2011 Online application will be open
January 2014 Aid under CA Dream Act: 1. UC Grants, State University
Grants, BOG Fee Waiver, Chafee Grant, EOP/EOPS 2. Cal- Grants 3.
Middle Class Scholarship 4. Private scholarships administered by
campuses
Slide 38
DACA does not prevent students from applying to CA Dream Act
Financial Aid DACA does not confer a new legal status for students
California Students who have applied for or received approval for
DACA should complete CA Dream Act Application and NOT the
FAFSA
Slide 39
January 1 st : Begin applying for FAFSA January 20 nd : Ann
Sobrato Cash for College January 22 nd : Christopher High School
Cash for College January 27 nd : San Benito High School Cash for
College January 29 nd : Gilroy High School Cash for College March 2
nd : Priority filing deadline to apply for Cal Grants. March 12 th
: Common Application Scholarships Deadline!!! -Due by 4 pm in the
Career Center
Slide 40
Receive individual assistance completing your FAFSA! When:
Tuesday, January 27th Where: San Benito High School Room 477 and
482 English Room 191 and 192 Spanish Time: 6 8 pm
