1. CAL-SOAP PRESENTS… Financial Aid Basics

2. How much does college cost?

3. Registration Fees Only University of California $13,200 California State University $7,025 California Community College $1,104 Private Universities $32,100

4. University of California Total $33,000 Fees/ Tuition $13,200 Books and supplies $1,550 Room and board $13,400 Transportation $1,300 Miscellaneous $3,550

5. Cal State Total $24,394 Fees/ Tuition $7,025 Books and supplies $1,666 Room and board $10,924 Transportation $950 Miscellaneous $3,829

6. Community College Total $15,129 Fees/ Tuition $1,104 Books and supplies $1,675 Room and board $7,900 Transportation $1,200 Miscellaneous $3,250

7. How to pay for college?

8. Paying for Education Student Federal Aid Student Grants Student Scholarships Loans Savings or 529 Plans

9. Free Application for Federal Student Aid Federal and State Financial Aid What is FAFSA?

10. Make-or-Break Criteria We provide information about: Postsecondary Education FAFSA Financial Aid Package Cal Grants (A, B, C) Federal Grants (Pell Grant) Institutional Grants Federal Work Study Parent and Student Loans

11. How the FAFSA determines your Financial Aid The amount of money you receive is based on your Expected Family Contribution (EFC) EFC= The amount your family is expected to pay for your college based on family income Total Cost of Attendance Expected Family Contribution (EFC) Financial Need

12. For Example UCSD [living on campus] $31,700 $23,444 SDSU [living on campus] $1,000 Mesa College [living at home] $1,000 $30,700 $22,444 $11,445 Cost of Attendance EFC Financial Need $1,000 $10,445 $30,700 $22,444 Cost of Attendance EFC Financial Need $10,445

13. College Costs in Thousands COA EFC Federal Eligibility COA - EFC = Federal Eligibility Cost of Attendance – Expected Family Contribution = Federal Eligibility 30 20 0 10 15 (For grants, scholarships, work-study, and loans) (Tuition/fees, residence, meals, books, transportation, and personal expenses) (9)

14. Components of FAFSA Create student and parent pin number for electronic signature Fill out and Submit FAFSA application online Review SAR (Student Aid Report) Review CAR (California Aid Report)

15. Apply for a Pin

16. Student and a Parent MUST get a PIN number to sign FAFSA online! Get your PIN numbers NOW! www.pin.ed.gov

17. RequirementsSocial Security numberNameDate of birthAddressEmail address (encouraged)Challenge question responseA PIN will be issued upon submitting the request.Note: A PIN will be rejected if there is no Social Security Administration match. www.pin.ed.gov

18. Documents Needed to Complete FAFSA Student and Parent Social Security # Student and Parent Financial Records/ Tax Return Forms 2011 or 2012 Bank account records, investments and business records List of colleges of interestParent and Student PIN #

19. FAFSA 7 Step Process

20. Step 1: About the Student Use name printed on Social Security Card Identify, select and confirm High School attended

21. Step 2: College Selection Add a School Federal School Code Search by: o State o City o Name Housing Plans On campus With parent

22. Step 3: Determine Student Dependency Status “No” to all questions: makes the student “dependent” Must submit parent information Note: child must be supported financially—more than 50%

23. Independency Determination Foster Care Select Yes if at any time since the student turned age 13, he/she was in foster care even if no longer in foster care today due to:  Adoption  Reunification  Reached the age of majority (18 yrs.) Note: documentation may be required. Emancipated Minor Select Yes if the student:  as of today, is an emancipated minor or  was an emancipated minor immediately before turning 18 years old. Note: Documentation issued from a court in the student’s state of legal residence may be required.

24. Independency Determination Continued Homeless and Unaccompanied Youth Select Yes if any time after July 1, 2012, the student meets all three criteria “Homeless” or “at risk of being homeless”  Lacking fixed, regular and adequate housing. Includes living in shelters, motels, cars, or temporarily living with other people because you had nowhere else to go. “Unaccompanied”  Not living in the physical custody of a parent or guardian “Youth”  21 years or younger  Still enrolled in high school at the time the FAFSA is completed

25. Independency Determination Continued Legal Guardianship Provide copy of court’s decision regarding legal guardianship.

26. Step 4: Parent Information Parents Include:  Biological Parents  Divorced or Separated Parents  With whom the student lived with most during the last 12 months  Stepparent  Report Stepparent’s income regardless of: agreement of non- support, pre-nuptial agreement, not claiming on income tax

27. Step 4: Parent Information Continued Do not provide parent information for Foster parent(s)  Student is automatically considered an independent student Grandparents, other relatives or legal guardian(s)  Colleges may use professional judgment to allow the student to file as an independent student

28. Step 4: Parent Information Continued Household Size: Parent provides more than 50% financial support Number in College: Student enrolled at least half- time ( Exclude parent if currently enrolled in college courses)

29. Step 4: Parent Information Continued Dislocated Worker Lost job Laid off Self-employed/ unemployed or underemployed Displaced homemaker

30. Step 5: Student Income and Assets Asked the same questions as parents related to income

31. IRS Data Transfer or Return Transcript IRS Data Transfer Transfer information directly from the IRS  Requires PIN  Available January 31 st  After filing tax return OR Submit an IRS Tax Return Transcript

32. Step 6: Signatures and Certification Both parent and students consent to terms of agreement Both parent and students sign and submit using electronic pin If parents do not have social security numbers:  Print signature page  Sign signature page  Send to FAFSA using certified mail

33. Step 7: Confirmation Page will show:  Estimated Family Contribution (EFC) Print and keep copy for your record

34. Cal Grants

35. Cal Grant A Cal Grant B 3.0 High School GPA Financial Need determined by FAFSA 2.0 High School GPA Financial Need determined by FAFSA

36. Deadline for submission is March 2, 2013 Begin submitting November 2012 Submit GPA Verification Form electronically or by mail Supplemental Forms for Cal-Grant

37. Cal Grants Cal Grant C Technical and career students Financial Need determined by FAFSA Cal Grant C Supplement Form

38. Can use at a college outside California Maintain 2.0 GPA Have financial need certified by school Began Foster care between ages 16-22 California Chafee Grant for Foster Youth Eligibility

39. How to apply for Chafee Grant 1 Obtain PIN www.PIN.ed.gov 2 Complete FAFSA application www.fafsa.ed.gov 3 Complete Chafee Application www.chafee.csac.ca.gov

40. DREAM ACT STUDENTS or AB 540 STUDENTS (no social security #) Submit Application Online January 1 st- -March 2 nd www.caldreamact.org ***DO NOT USE FAFSA APPLICATION

41. Definition of AB 540 Students AB 540 students are not:  Students with non-immigrant visa status  Students homeschooled by a parent who does not hold a CA teacher credential  Students living out of state and enrolling in private California “internet high school”

42. Dream Act Eligibility Requirements File an affidavit with college or university stating that you intend to file and application to legalize your immigration status Graduate from a CA High School Attend a CA High School for 3 or more years 1 3 2

43. Supplemental Form for Dream Act Application Submission of GPA verification Eligible for all California state and institutional aid

44. www.scholarships.com www.collegenet.com www.fastweb.com www.sandiegocalsoap.com www.collegeboard.com www.maldef.org (AB 540) Finding Scholarships

45. CSS/ Financial Aid Profile: Private Colleges Financial aid application administered by the College Board Required by some independent colleges and scholarship organizations to award private aid Available online at https://profileonline.collegeboard.com https://profileonline.collegeboard.com Deadline for submission varies by institution.

46. Apply January 1 st - March 2 nd First come first serve! www.fafsa.ed.gov Complete the FAFSA and GPA Verification Form

47. Attend a Cash For College Workshop! Jan 26: 9am-12noon  Lincoln High School Feb 2: 9am-12noon  Montgomery High School  Monte Vista High School  Hoover High School Feb 9: 9am-12noon  Sweetwater High School Feb 9: 10am-1pm  Mira Costa College  Mira Costa College- San Elijo Feb 23: 9am-12noon  Mar Vista High School  El Cajon High School  Madison High School  CSU San Marcos

48. Student and Parent must apply for a PIN www.pin.ed.gov Step 1 Complete the FAFSA online before March 2 www.fafsa.ed.gov Step 2 FAFSA PROCESS SUMMARY

49. Review your Student Aid Report (SAR) Receive financial aid packages from each of your colleges of interest Step 3 Step 4

50. Contacting Cal-SOAP… Find our representatives at local Cal-SOAP college and career events.  For events and general college information: www.sandiegocalsoap.com Questions? Call our office: (858) 569-1866