1. Tuesday Long Beach Cal SOAP College Prep Summer Camp

2. Three Basic Questions O What is Financial Need? O What Types of Aid Are Available? O How do I Apply?

3. What is Financial Need? Cost of Attendance – Expected Family Contribution = Financial Need

4. Cost of Attendance

5. Estimated Total Cost of Attendance Living On Campus California State University (CSU) CSULB University of California (UC) UCLA California Independent College USC Fees/Tuition$6,738$12,685$43,722 Books and Supplies$1,666$1,521$1,500 Room and Board$11,300$14,208$12,440 Other$4,072$3,585$2,171 TOTAL$23,776$31,999$59,883

6. EFC O Amount family can reasonably be expected to contribute O Two components O Parent contribution O Student contribution O Calculated using data from the FAFSA O Stays the same regardless of college

7. Estimated Total Cost of Attendance Living On Campus California State University (CSU) CSULB University of California (UC) UCLA California Independent College USC Cost of Attendance$23,776$31,999$59,883 EFC$500 Financial Need$23,276$31,499$59,383

8. What are the different types of financial aid?

9. Types of Financial Aid O Scholarships O Grants O Employment (Work Study) O Loans

10. What are some of the financial aid offers students are likely to receive?

11. Pell Grant O Awards up to $5,550 O For low income undergraduate students O Can be used at many schools throughout the USA O Awarded based on financial need O Apply using the FAFSA

12. Cal Grant O Cal Grant A O Pays state fees at UC & CSU O Awards up to $10,000 for California Private Colleges O Cal Grant B O Pays state fees at UC & CSU O Awards up to $10, 000 for California Private Colleges O Also awards additional living stipend($1,551) O Both have income and GPA requirements O Apply using the FAFSA and GPA Verification Form by March 2 nd

13. Student Loans O Subsidized = government pays interest while you are in school O Unsubsidized = interest accrues O Both loans begin payback after graduation O Low interest rates & very flexible payback plans. O Beware of PRIVATE PERSONAL LOANS!

14. Parent Loans O Must pass credit check O May borrow up to total cost of attendance O Unsubsidized = interest accrues O Payback begins immediately O Low interest rates & very flexible payback plans. O Beware of PRIVATE PERSONAL LOANS!

15. How Aid is Packaged O Scholarships O Grants O Employment (Work Study) O Loans

17. Free Application for Federal Student Aid (FAFSA) O A standard form that collects demographic and financial information about the student and family O May be filed as early as January 1 st of senior year

18. Official FAFSA Website O http://www.fafsa.ed.gov http://www.fafsa.ed.gov O FAFSA-4Caster O FAFSA on the Web Worksheet: O Used as “pre-application” worksheet

19. Dependent or Independent? You must answer Yes to at least one question to be considered an Independent student.

20. Who is considered a parent? O Biological or adoptive parent(s) O In case of divorce or separation, provide information about the parent and/or stepparent the student lived with more in the last 12 months O Stepparent (regardless of any prenuptial agreements)

21. California Dream Act O Must be AB540 Eligible O Allows for students to apply for state funded aid including: O Cal Grant O Board of Governors Fee Waiver Grant O State University Grant (CSU) O Other Public Institution Awards

22. California Dream Application O DO NOT FILE A FAFSA O Complete California Dream Application at http://www.csac.ca.gov/dream_act.asp http://www.csac.ca.gov/dream_act.asp O Same deadlines and filing rules apply O March 2 nd Cal Grant Deadline O Determine if Dependent or Independent Student O Deferred Action / DACA applicants should also file Dream Application

23. Scholarships

24. National Search Sites

25. University Websites

26. Local Scholarships

27. FAFSA4Caster If you have your FAFSA Worksheet If you do not have your FAFSA Worksheet O Input your info to get an estimate of your EFC and federal aid O Begin to look up scholarship information on Fast Web or College Board