Financial Aid Presented by: Jocelyn Vila Program Services Coordinator Foster Youth Liaison Skyline College Financial Aid Office.

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Presentation transcript:

Financial Aid Presented by: Jocelyn Vila Program Services Coordinator Foster Youth Liaison Skyline College Financial Aid Office

Tuition Cost… Community CSU UC Private $1,200 $6,500 $12,800 $43,000 The above amounts are estimates and based on full-time status for one year and California Residents Being Informed = Great Savings! $$$

Understanding Cost of Attendance ItemDescription TUITIONThe cost of taking courses. ROOM & BOARDLodging and food cost FEESNon-institutional fees, such as parking permits, student body fees, student health fees, etc. BOOKS & SUPPLIESCost of books, backpacks, notebooks, supplies, etc. TRANSPORTATIONCost of travel, such as the commute to and from school, travel during school break back home, etc. PERSONAL/ MISCELLANEOUS Other cost not included in items above (i.e. utilities, personal hygiene, clothing, etc.) Cost of Attendance: An estimate of the student’s educational expenses for the period of enrollment

Pell Grant CAL Grant B & C BOG = Free Classes Scholarships  From State of California  Cal Grant B (2.0 GPA) = $1,648  High School Seniors = Entitlement  CC Transfer Student (2.4 GPA) = Entitlement  Cal C (Career Technical Education) = $547  WebGRANTS for Students Account  From State of California  Cal Grant B (2.0 GPA) = $1,648  High School Seniors = Entitlement  CC Transfer Student (2.4 GPA) = Entitlement  Cal C (Career Technical Education) = $547  WebGRANTS for Students Account  California Resident  Students can apply via one of the below:  (allows higher income)  Submit CA Dream Act Application  California Resident  Students can apply via one of the below:  (allows higher income)  Submit CA Dream Act Application  On Campus  Off Campus  On Campus  Off Campus Community College  From Federal Government  U.S. Citizen or Permanent Legal Residents  $5,730 maximum award per year  EFC ≤ 5157  From Federal Government  U.S. Citizen or Permanent Legal Residents  $5,730 maximum award per year  EFC ≤ 5157

Pell Grant State University Grant Cal Grant A & B Scholarships  From the specific campus (CSU)  EFC ≤ 5200  From the specific campus (CSU)  EFC ≤ 5200  From the State of California  High School Entitlement  Cal Grant A (3.0 GPA) = $5,472  Cal Grant B (2.0 GPA) = $5,472 + $1,648 stipend  Transfer Entitlement (age 28 or under, 2.4 GPA)  Meet income and asset ceiling limits  From the State of California  High School Entitlement  Cal Grant A (3.0 GPA) = $5,472  Cal Grant B (2.0 GPA) = $5,472 + $1,648 stipend  Transfer Entitlement (age 28 or under, 2.4 GPA)  Meet income and asset ceiling limits  On Campus  Off Campus  On Campus  Off Campus Information re CSU provided by Rose Carmona – Arbulú – San Francisco State University  From Federal Government  U.S. Citizen or Permanent Legal Residents  $5,730 maximum award per year  EFC ≤ 5157  From Federal Government  U.S. Citizen or Permanent Legal Residents  $5,730 maximum award per year  EFC ≤ 5157 California State University (CSU)

Pell Grant UC Grant Blue & Gold Plan Cal Grant A & B Scholarships  From the university/campus  EFC ≤ $9750  From the university/campus  EFC ≤ $9750  From state of California  High School Entitlement  Cal Grant A (3.0 GPA) = $12,192  Cal Grant B (2.0 GPA) = $12,192 = $1,648 stipend  Transfer Entitlement (age 28 or under, 2.4 GPA)  Meet income and asset ceiling limits  From state of California  High School Entitlement  Cal Grant A (3.0 GPA) = $12,192  Cal Grant B (2.0 GPA) = $12,192 = $1,648 stipend  Transfer Entitlement (age 28 or under, 2.4 GPA)  Meet income and asset ceiling limits  On Campus  Off Campus  On Campus  Off Campus Information re UC provided by Yolanda Santiago Venegas – UC Santa Cruz  From the university/campus  Families with income of $80,000 or less  From the university/campus  Families with income of $80,000 or less  From Federal Government  U.S. Citizen or Permanent Legal Residents  $5,730 maximum award per year  EFC ≤ 5157  From Federal Government  U.S. Citizen or Permanent Legal Residents  $5,730 maximum award per year  EFC ≤ 5157 University of California (UC)

Pell Grant Grants Cal Grant A & B Scholarships  Varies. Check with the university for specific details.  From the State of California  High School Entitlement  Cal Grant A (3.0 GPA) = $9,084  Cal Grant B (2.0 GPA) = $9,084 + $1,648 stipend  Transfer Entitlement (age 28 or under, 2.4 GPA)  Meet income and asset ceiling limits  From the State of California  High School Entitlement  Cal Grant A (3.0 GPA) = $9,084  Cal Grant B (2.0 GPA) = $9,084 + $1,648 stipend  Transfer Entitlement (age 28 or under, 2.4 GPA)  Meet income and asset ceiling limits  On Campus  Off Campus  On Campus  Off Campus  From Federal Government  U.S. Citizen or Permanent Legal Residents  $5,730 maximum award per year  EFC ≤ 5157  From Federal Government  U.S. Citizen or Permanent Legal Residents  $5,730 maximum award per year  EFC ≤ 5157 Private Universities

Additional Resources Federal Work Study Get a job on campus and get a paycheck: America Counts – tutor elementary kids: Middle Class Scholarship (CSU and UC) Families with income up to $150,000 For information: Chafee Grant for Former Foster Youth $5,000 per year – must be enrolled at least 6 units Apply at: CSS/Financial Aid Profile Many private or public out of state colleges For information: Western Undergraduate Exchange (WUE) Save money – pay reduced tuition For information: Foster Youth Private Out of State FWS MCS

Scholarships Prepare Early and Be Organized Research and Apply Personal Statement Letter of Recommendation Don’t Miss Deadline!

Student Loans Direct Loans – Department of Education Subsidized vs. Unsubsidized Direct Loans For information: Parent PLUS Loan – Department of Education PLUS loans can help pay for education expenses not covered by other financial aid For more information: Plus Loans Direct Loans Interest Rates for Direct Loans First Disbursed on or After July 1, 2013 Loan TypeBorrower Type Loans first disbursed on or after 7/1/13 and before 7/1/14 Loans first disbursed on or after 7/1/14 and before 7/1/15 Direct Subsidized Loans Undergraduate3.86%4.66% Direct Unsubsidized Loans Undergraduate3.86%4.66% Direct PLUS Loans Parents PLUS6.41%7.21%

How to Apply… Free Application for Federal Student Aid For U.S. Citizens & Permanent Legal Residents California Dream Act For AB540/Undocumented Students OR Never use fafsa.com – charges a fee! Submit One Application = To See What Types of Aid You Qualify For! Renew every academic year!!!

Don’t Wait ~ Estimate Meet the March 2 nd Deadline! Do an estimate of your income and select: □ Will File Taxes □ Already Filed Taxes □ Not Required to File Taxes After taxes are filed, go back to your FAFSA or CA Dream Act Application and update from □ Will File Taxes □ Already Filed Taxes Input actual numbers from the tax forms Private and Out-of-State School may have earlier deadline dates

Questions??? Thank You! Jocelyn Vila For a copy of this presentation you can Jocelyn Vila at: