1. Presented by: Cal State Los Angeles Center for Student Financial Aid 2015-16 Parent Academy Grants & Loans California State University, Los Angeles Center for Financial Aid 5151 State University Drive | Los Angeles, CA 90032 T 323.343.6260 | http://www.calstatela.edu/financialaidhttp://www.calstatela.edu/financialaid www.calstatela.edu

2. Amounts of FAFSA Financial Aid Grants: Pell Grant- Up to $5,730 Based on FAFSA EFC SEOG- (Supplemental Educational Opportunity Grant) - Amount Varies Must be Pell Grant eligible SUG (State University Grant) Must have $0 EFC. Up to State Tuition ($5,472) EOP (Educational Opportunity Program) Up to $1,200 annually Low income, CA resident Full-time Requires separate EOP application Cal Grant A-Up to State Tuition ($5,472) Cal Grant B- Up to State Tuition ($5,472) plus Access ($1,473) Based on GPA and Financial Need Grants: Pell Grant- Up to $5,730 Based on FAFSA EFC SEOG- (Supplemental Educational Opportunity Grant) - Amount Varies Must be Pell Grant eligible SUG (State University Grant) Must have $0 EFC. Up to State Tuition ($5,472) EOP (Educational Opportunity Program) Up to $1,200 annually Low income, CA resident Full-time Requires separate EOP application Cal Grant A-Up to State Tuition ($5,472) Cal Grant B- Up to State Tuition ($5,472) plus Access ($1,473) Based on GPA and Financial Need

3. Amounts of FAFSA Financial Aid Loans: Federal Subsidized Direct Loan Up to $3,500/$4,500/$5,500 Interest free and deferred payment while student is enrolled in school at least half-time Federal Unsubsidized Direct Loan Up to $2,000 deferred payment while student is enrolled in school at least half-time Additional Federal Unsubsidized Direct Loan Up to $4,000/$5,000 if Parent Loan is denied Parent PLUS Loan Up to Cost of Attendance minus other aid Based on parent’s credit Private Loans Based on Credit, may require co-signer Loans: Federal Subsidized Direct Loan Up to $3,500/$4,500/$5,500 Interest free and deferred payment while student is enrolled in school at least half-time Federal Unsubsidized Direct Loan Up to $2,000 deferred payment while student is enrolled in school at least half-time Additional Federal Unsubsidized Direct Loan Up to $4,000/$5,000 if Parent Loan is denied Parent PLUS Loan Up to Cost of Attendance minus other aid Based on parent’s credit Private Loans Based on Credit, may require co-signer

4. Loan: Pros and Cons Pros: Subsidized loans are interest free while in school at least half-time Deferred payments while in school at least half-time No repayment until 6 months after graduation Lower interest rate than most credit cards: 2014-15: 4.66% Flexible repayment options Students will learn responsibility Pros: Subsidized loans are interest free while in school at least half-time Deferred payments while in school at least half-time No repayment until 6 months after graduation Lower interest rate than most credit cards: 2014-15: 4.66% Flexible repayment options Students will learn responsibility Cons: Do not over borrow. Borrow only what you need Unsubsidized loans accrue interest while you’re in school Parent PLUS loans have higher interest rate: 2014-15: 7.21% Graduate with debt. Cons: Do not over borrow. Borrow only what you need Unsubsidized loans accrue interest while you’re in school Parent PLUS loans have higher interest rate: 2014-15: 7.21% Graduate with debt. More Info: www.direct.ed.gov

5. Types of Financial Aid for Dreamers Grants: (Free Money) SUG, Cal Grant, Scholarships Loans: AB540 Loan Starting in 2015-16 Private Loans

6. Amounts of AB540 Financial Aid Grants: SUG (State University Grant)-Up to State Tuition ($5,472) Cal Grant A-Up to State Tuition ($5,472) Cal Grant B- Up to State Tuition ($5,472) plus Access ($1,473) Grants: SUG (State University Grant)-Up to State Tuition ($5,472) Cal Grant A-Up to State Tuition ($5,472) Cal Grant B- Up to State Tuition ($5,472) plus Access ($1,473) Loans: NEW-Dream Loan for AB540 students starting 2015-16 Private Loans: Based on Credit Loans: NEW-Dream Loan for AB540 students starting 2015-16 Private Loans: Based on Credit Other: Outside Scholarships Apply Today Internal Scholarship Check with your institution Other: Outside Scholarships Apply Today Internal Scholarship Check with your institution

7. Table Discussion Followed by Question and Answer