1. Financial Aid 101 www.sccollege.edu Presented by Griselda Morones
Santiago Canyon College
High School & Community Outreach

2. What is Financial Aid? “Stackable” money to help you pay for your education.
Based on if you meet the eligibility requirements for each program, You may qualify for a combination of many types of financial aid!

3. Types of Financial Aid Grants Scholarships Subsidized Unsubsidized
FREE
Grants
Scholarships
Borrowed (Loans)
Subsidized
Unsubsidized
Parent PLUS
Earned
Work Study

4. State Grant: CAL GRANT A
Low to middle income students who:
Meet the income ceilings and asset ceilings
Have financial need (low to middle income)
3.00 High School GPA minimum
Associate or Bachelor programs only within California
Can only be used for tuition and fees
Cannot be used at a Community College but can be in reserve for up to two years until student transfer to a university
CSU UC
Independent
For Profit
$5,742/year
$12,630/year
$9,084/year
$4,000/year

5. State Grant:
CAL GRANT B

6. State Grant:

7. State Grant: Student Success Completion Grant (SSCG)
The purpose of the SSCG grant is to provide students with additional financial aid to help offset the total cost of community college attendance, and to encourage full-time attendance and successful on-time completion.
The SSCG is for Cal Grant B and C recipients attending a California Community College full-time (12 units or more).  On top of the Cal Grant B or C award the SSCG pays full-time Cal Grant B or C recipients a maximum of:
$1,298 annually at $649 per semester for eligible students who enroll and attend 12—14.99 units per term or
A maximum of $4,000 at $2,000 per semester for eligible students who enroll and attend 15 units or more per term.
Eligibility Criteria
Must be a Cal Grant B or C recipient that received a full-time Cal Grant payment
Must be enrolled full-time (12 units or more)
Must be meeting Federal Satisfactory Academic Progress (SAP) standards
Must have unmet need to receive the SSCG

8. State Grant: Middle Class Scholarship

9. Federal Grant: Pell Grant
The government provides you money for school:
Awarded to undergraduate students
You can receive the Pell Grant for a maximum of 12 semesters or 6 years
Award depends on your financial need, cost of attendance, full or part-time status, etc…
Award amounts for is up to $6,195

10. State & Federal Grant Chafee Grant Program
For students who were in foster care and have financial need.
The Chafee Educational and Training Voucher (ETV) is federal and state funded with a current minimum amount of $5,000 per academic year; not to exceed cost of attendance.
To qualify, students must be a current or former foster youth and not have reached their 25nd birthday as of July 1 of the award year.
Additional criteria applies! Please check in with a Guardian Scholar Representative at your school site.

11. FREE Financial Aid From a Variety of Sources

12. Scholarships Athletic, musical, or other special talents
Money you do not have to repay, usually based on the student’s skills, interest, area of study or scholastic performance
Athletic, musical, or other special talents
Community Service
Good grades
High test scores
Beware of scams
Contact the Career Center Coordinator or
Counselor for more scholarships

13. Federal Program: Federal Work Study
Overview:
Part-time employment while you are enrolled in school
Administered by schools participating in Federal Work Study Program
Available to full-time or part-time students
Where can I work?
On or off campus (at some colleges)
Bookstore, Starbucks, Library, Recreation Center
Special Programs (Talent Search, Upward Bound, etc..)

14. Examples of Work-Study jobs:

15. Federal Program: Student Loans

16. What you will need to get started!
2018 Tax Return (1040, 1040A or 1040EZ)
2018 W-2 Forms
Soc. Sec.# for parents/students (if applicable)
Marital status
Date of marital status (parents)
Permanent Resident card (if applicable)
Parents date of birth
Parents educational level (Important to add!)
Students CA driver’s license number

18. Financial Aid Timeline
October 1 – March 2
Submit your FAFSA, Dream Act Application & Cal Grant GPA Verification Form (from high schools). Receive an right away from FAFSA Student Aid Report (SAR).
February - March
Receive a California Aid Report (CAR) via and Create your Webgrants4Students.org account.
October - March
March - April
Students receive admission letters from colleges
Students receive a financial aid award letter from each campus that accepts them
May 1
Students must file their Statement of Intent (SIR) to enroll in ONE college & pay a deposit fee
*Fees are waived if the student is a fin. aid recipient by some campuses

19. LAST STEP

20. California College Promise Program

23. Questions?