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Financial Aid: September 18, 2018

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Presentation on theme: "Financial Aid: September 18, 2018"— Presentation transcript:

1 Financial Aid: September 18, 2018
New A&R Training Financial Aid: September 18, 2018

2 Agenda Financial Aid Relationship to Guided Pathways AB 19

3 Financial Aid

4 Sources and Types of Financial Aid
Federal State Institution Non-profit and private organizations Local

5 Sources and Types of Financial Aid
Grants Federal Pell Grant - FAFSA Cal Grant – FAFSA/Dream Act + GPA Chafee Grant – FAFSA/Dream Act + Chafee Application Scholarships National Organizations Institutional Individual application Local Organizations Work-study Federal Work-Study - FAFSA Categorical Program Work-Study - Institution Campus employment - Institution Loans Federal - FAFSA Private – Private loan application

6 Has the student applied for Financial Aid?
Application for the full range of Financial Aid programs requires completion of more than one application FAFSA – For citizens and permanent residents of the United States CADAA – California Dream Act Application – for undocumented students CCCApply – has a fee waiver application but the student must separately complete the FAFSA or CADAA The Financial aid Office can confirm if the correct application has been submitted

7 Am I too late to request financial aid for 2018-19?
Some FA Programs have hard or soft deadlines Cal Grant Deadline March 2 – All colleges and Universities September 2 – Very low income CC students only Chafee Grant for Foster Youth No statutory deadline, but… First come, first served Grants are recycled Some do not have deadlines California College Promise Grant (BOG Fee Waiver) Federal Pell Grant

8 Financial Aid Literacy
What can I spend my financial aid money on? Financial aid is first applied to institutional charges, such as tuition and fees. Any remaining credit balance is then refunded to the student to spend on other costs, such as textbooks, transportation and miscellaneous/personal expenses. The financial aid office does not know what the student spends the money on.

9 How can I spend my financial aid funds?
As an alternative to spending that refund check without care, here are some suggestions for when the student has more financial aid than needed at that time: Give it back.... If from a loan Only accept what you need. ... Hold the money in your account. ... Spend it on books or school supplies. ... Spend it on transportation. ... Spend it on living expenses. Don’t buy things you don’t need… (Nikes, I-phones, Spring Break)

10 Reporting Direct Assistance to the FAO
Direct assistance provided to students in the form of cash or vouchers, meal cards, transportation passes, etc. must be reported to the Financial Aid Office Report as early as possible Preferably not at the end of the term Must avoid an overaward/over payment situation Categorical programs that provide direct assistance should work out best way to inform the Financial Aid Office

11 Guided Pathways

12 What is Guided Pathways?
Guided pathways is a student-centered educational approach that can dramatically increase the number of students earning community college credentials, while closing equity gaps. Guided pathways is a college-wide undertaking that provides a framework for integrating California-based initiatives such as SSSP, Equity, Basic Skills Transformation, the Strong Workforce Program, and the California College Promise.

13 Shift in Priorities For a long time, Access to college was the goal
Required submission of public high school GPAs CASH for College – FAFSA and Dream Act completion Now, retention and completion have become a main focus Equity funding Student Success Completion Grant Guided Pathways

14 How does Financial Aid Fit into Guided Pathways?
Keeps the student in school Gives the student more time to study – They work less! Allows purchase of books and supplies Reduces financial worries Gives confidence for future educational expenses

15 AB 19 The California College Promise

16 California College Promise Goals
Increase the number and percentage of high school students who are prepared for and attend college directly from high school Increase high school graduates who are placed directly into transfer- level mathematics and English courses at a community college. Increasing the percentage of students who earn associate degrees or career technical education certificates Increasing the percentage of students who successfully transfer from a community college to the CSU or UC Reduce and eliminating regional achievement gaps and achievement gaps for students from groups that are underrepresented at the California Community Colleges

17 AB 19 Participation Requirements
Partner with one or more local educational agencies to establish an Early Commitment to College Partner with one or more LEAs to improve college preparation Partners might include high schools and nonprofit groups such as AVID, MESA, CalSOAP, Puente and others Utilize evidence-based assessment and placement as in AB 705. Participate in the CCCGuided Pathways Grant Program Maximize student access to need-based financial aid: by leveraging the California College Promise Grant, ensuring students complete the FAFSA or Dream Act Application Participate in the federal loan program

18 When the Legislation Passed…
News media painted AB 19 as “free college” Bill synopsis language: “This bill would… waive fees for one academic year for first-time students who are enrolled in 12 or more semester units or the equivalent.” Law language, CEC “The community college may use funding appropriated pursuant to this article to waive some or all of the fees for first-time community college students who are enrolled at the college full-time.”

19 The following are just suggestions…
What, if not fee waivers? The following are just suggestions… If college won’t be providing grants to pay enrollment fees for first time, full-time student’s: An enrollment fee reimbursement grant to be paid upon successful full-time completion of each term. Grants to pay student non-enrollment fees Grants to assist meeting child care, transportation, books and other costs. Support at Local Education Agencies (LEA) to promote college preparedness and attendance Other uses that support the goals of the legislation

20 Questions? Bryan Dickason


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