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Financial Aid What every student should know! Presented by:

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1 Financial Aid What every student should know! Presented by:
Jocelyn Vila Program Services Coordinator Skyline College Introduce each other

2 $$$ Tuition Cost… Being Informed = Great Savings!
Community CSU UC Private $1, $6, $12, $43,000 The above amounts are estimates and based on full-time status for one year and California Residents Being Informed = Great Savings! $$$

3

4 Community College From Federal Government
U.S. Citizen or Permanent Legal Residents $5,730 maximum award per year EFC ≤ 5157 Pell Grant CAL Grant B & C BOG = Free Classes EOPS Scholarships From State of California Cal Grant B (2.0 GPA) = $1,646 High School Seniors = Entitlement CC Transfer Student (2.4 GPA) = Entitlement Cal C (Career Technical Education) = $547 WebGRANTS for Students Account California Resident Students can apply via one of the below: (allows higher income) Submit CA Dream Act Application Community College Academic Counseling and Support Textbook Voucher ($ per semester) Calculator Loan Program On Campus Off Campus

5 State University Grant
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 EOP Scholarships From the State of California High School Entitlement Cal Grant A (3.0 GPA) = $5,472 Cal Grant B (2.0 GPA) = $5,472 + $1,646 stipend Transfer Entitlement (age 28 or under, 2.4 GPA) Meet income and asset ceiling limits From the specific campus (CSU) EFC ≤ 5200 California State University (CSU) From the State of California Must Apply for EOP during admission application EFC ≤ 5200 File CA Dream App by March 2nd $800 EOP Grant On Campus Off Campus Information re CSU provided by Rose Carmona – Arbulú – San Francisco State University

6 University of California (UC)
From Federal Government U.S. Citizen or Permanent Legal Residents $5,730 maximum award per year EFC ≤ 5157 Pell Grant UC Grant Blue & Gold Plan Cal Grant A & B EOP Scholarships From state of California High School Entitlement Cal Grant A (3.0 GPA) = $12,192 Cal Grant B (2.0 GPA) = $12,192 = $1,646 stipend Transfer Entitlement (age 28 or under, 2.4 GPA) Meet income and asset ceiling limits From the university/campus EFC ≤ $9750 University of California (UC) From the university/campus Families with income of $80,000 or less Must Apply for EOP during admission EFC ≤ 9750 EOP book loan program, internships On Campus Off Campus Information re UC provided by Yolanda Santiago Venegas – UC Santa Cruz

7 Additional Resources 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: MCS Foster Youth Private Out of State

8 Prepare Early and Be Organized Letter of Recommendation
Scholarships Prepare Early and Be Organized Research and Apply Personal Statement Letter of Recommendation Be Proactive Be Grateful

9 How to Apply… OR www.fafsa.gov www.dream.csac.ca.gov
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 in the Spring Semester/Quarter

10 Don’t Wait ~ Estimate Meet the March 2nd 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

11 Financial Aid Office/Website
Action Plan FAFSA or CA Dream Act Apply by March 2 – Don’t Assume – Apply! Private/Out-of-State: Check with college Financial Aid Office/Website Visit college’s Financial Aid Office & Website Student Loans Direct Loan vs. Private Save and Budget On Campus vs. Off Campus vs. Commuting SparkPoint – Financial Coaching – IDA’s

12 Must Do…. www.calgrants.org www.nslds.ed.gov CAL GRANTS Pell Grant
Create a WebGRANTS for Students Account Pell Grant Lifetime Limit Check how much Pell Grant you have used Federal Work-Study Contact your college’s Financial Aid Office about Federal Work-Study jobs on/off campus Scholarships Visit scholarship page on college website Never pay a fee for scholarships

13 Financial Aid is More than Just Money…
It allows YOU to… and have academic and personal…

14 Financial Aid gives me support in my education and life…
~ James Salonga Rodriguez Thanks to Financial Ad’s help I’ll be transferring to San Jose State this Fall… ~Bianca Porras Questions? Thank you! For a copy of this PowerPoint please Jocelyn Vila at Financial Aid’s sole purpose is to help people like me, facing economic issues and disadvantages… ~ Jose Milan Having financial aid has given me hope to go to college… ~Julie Ann Sabangan


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