F inanc ial Aid Basic s Pr e se nte d by the Califor nia Stude - - PowerPoint PPT Presentation

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F inanc ial Aid Basic s Pr e se nte d by the Califor nia Stude - - PowerPoint PPT Presentation

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F inanc ial Aid Basic s Pr e se nte d by the Califor nia Stude nt Aid Commission Making e duc atio n be yo nd high sc ho o l financ ially ac c e ssible to all Califo r nians Age nda F AF SA vs. CA Dre a m Ac t Applic a tio ns AB

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SLIDE 1

F inanc ial Aid Basic s

Making e duc atio n be yo nd high sc ho o l financ ially ac c e ssible to all Califo r nians

Pr e se nte d by the Califor nia Stude nt Aid Commission

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SLIDE 2

Age nda

  • F

AF SA vs. CA Dre a m Ac t Applic a tio ns

  • AB 540 / AB 2000 Re q uire me nts
  • F

ina nc ia l Aid a nd DACA

  • Pa ying fo r Co lle g e
  • Ca l Gra nt / Middle Cla ss Sc ho la rship
  • T

hing s to Re me mb e r

Making education beyond high school financially accessible to all Californians.

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SLIDE 3

T he Applic ations

Making education beyond high school financially accessible to all Californians.

Stude nts ne e d to c o mple te the F AF SA OR the CADAA

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SLIDE 4

F AF SA

F AF SA or CADAA?

Making education beyond high school financially accessible to all Californians.

F AF SA

  • US Citize n o r E

lig ib le No n- c itize n

CADAA

  • Undo c ume nte d Stude nts
  • DACA
  • No DACA – OK
  • T

PS Sta tus

  • U Visa Ho lde rs
  • Me e t AB540 re q uire me nts
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SLIDE 5

Making education beyond high school financially accessible to all Californians.

AB540 Re quir e me nts

Me e t a ll re q uire me nts:

  • 1. T

IME AND COURSE WORK

 Atte nda nc e fo r 3+ ye a rs (o r the

e q uiva le nt) a t a ny o f the fo llo wing sc ho o ls in Ca lifo rnia

OR

 3+ ye a rs o f e a rne d Hig h Sc ho o l

c re dits with a total o f 3+ ye a rs

  • f to ta l a tte nda nc e a t a ny o f

the fo llo wing sc ho o ls in Ca lifo rnia

 High School  Adult School  Community College

  • Max. 2 yrs of attendance in

credit courses can be used

 Elementary School  Middle School  High School

  • Min. of 3 years total at

any com bination of these schools to qualify

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SLIDE 6

Making education beyond high school financially accessible to all Californians.

AB540 Re quir e me nts

2. De gr e e or T r ansfe r Re quir e me nts

 Gra dua tio n fro m a CA Hig h Sc ho o l

(o r the e q uiva le nt, GE D, HiSE T , T ASC, CHSPE ) or

 E

a rne d a n a sso c ia te ’ s de g re e fro m a CA Co mmunity Co lle g e or

 Me t the minimum re q uire me nts to

tra nsfe r to a CSU o r UC

3. Re giste r

  • r

e nr

  • ll at an ac c r

e dite d institution in CA 4. Non- r e side nt T uition E xe mption F

  • r

m

 F

ile with the c o lle g e o r unive rsity (AB 540 a ffida vit)

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SLIDE 7

Application

2

MARCH

Cal

Consideration

Grant

  • Stude nts must fill out a F

AF SA or Califor nia Dr e am Ac t Applic ation be ginning Oc tobe r 1st, but no late r than Mar c h 2nd

  • Sc hools ne e d to submit stude nts’ GPAs
  • If all ste ps ar

e c omple te d on time , stude nts will be c onside r e d for a Cal Gr ant

Cal Gr ant Awar ds

Making education beyond high school financially accessible to all Californians.

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SLIDE 8

MARCH

2

Applic ation De adline

Making education beyond high school financially accessible to all Californians.

Cal Gr ant applic ation de adline is Mar c h 2, 2019 for c ur r e nt high sc hool se nior s

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SLIDE 9

* Additional Federal Requirem ents

 U.S. Citize n, E

lig ib le No n-Citize n*

 So c ia l Se c urity Numb e r*  Ca lifo rnia Re side nt  Hig h Sc ho o l GPA  Atte nd E

lig ib le Ca lifo rnia Co lle g e

 E

nro lle d a t L e a st Ha lf-T ime

 Ma inta in Sa tisfa c to ry Ac a de mic Pro g re ss  No Ba c he lo r’ s De g re e E

a rne d

 No t in De fa ult o n Stude nt L

  • a n

 Re g iste ring fo r Se le c tive Se rvic e  No t I

nc a rc e ra te d

Basic Cal Gr ant Re quir e me nts

Making education beyond high school financially accessible to all Californians.

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SLIDE 10

Cal Grant A

  • GPA Minimum: 3.0
  • Degree Requirements:
  • Minimum 2 year program
  • Associate or Baccalaureate Degree
  • Award Coverage:
  • 4 years of tuition & fees at eligible

California schools

Making education beyond high school financially accessible to all Californians.

Cal Gr ant A

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SLIDE 11

Making education beyond high school financially accessible to all Californians.

Cal Gr ant A

Cal Grant B

  • GPA Minimum: 2.0
  • Degree Requirements:
  • Minimum 1 year program
  • Certificate, Associate or

Baccalaureate Degree

  • Award Coverage:
  • Tuition & fees at eligible

California schools for years 2-4

  • $1,672 Access Award for 4 Years
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SLIDE 12

Cal Grant C

Making education beyond high school financially accessible to all Californians.

Cal Gr ant C

  • GPA Minimum: None
  • Degree Requirements:
  • At least 4 months in length
  • Occupational or technical program
  • Award Coverage:
  • CCC Up to $1,094 (Books and Supplies)
  • Eligible private/ vocational schools up to

$2,462 in tuition/ fees + $547 for books/ supplies

Special consideration for priority occupations

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SLIDE 13

Cal Gr ant At- A- Glanc e

Making education beyond high school financially accessible to all Californians.

  • CSU - $5,742
  • UC - $12,570
  • For-profit (non

WASC):

  • $4,000
  • For Profit (WASC):
  • $8,056
  • Private non-profit:
  • $9,084
  • 1st year: $1672
  • Each year

after: Cal Grant A + $1,672

  • Community

College: $1,094

  • Non-

Community College:

  • Up to $2,462 +

$547 for books and supplies

A B C

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SLIDE 14

All Cal Grants are beneficial!

  • Completing The FAFSA or the Dream

Act Application means the students has applied for Cal Grant A, B and C

  • Most beneficial award given

based on the student’s need

  • The FAFSA application is one stop

shopping for most financial aid, including federal, state, institutional aid, work-study programs and loans. The California Dream Act Application does the same for undocumented students

Whic h Cal Gr ant is the Be st?

Making education beyond high school financially accessible to all Californians.

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SLIDE 15

Making education beyond high school financially accessible to all Californians.

2019- 20 Cal Gr ant Pr

  • gr

am Inc ome Ce ilings

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SLIDE 16
  • UC Ma ximum a wa rd

a mo unt: $5,052

  • CSU Ma ximum a wa rd

a mo unt: $2,298

  • Up to 40% o f ma nda to ry sta te wide

tuitio n a nd fe e s

  • Must b e e nro lle d a t a UC o r CSU
  • Must b e e nro lle d a t le a st ½ time
  • 1st Unde rg ra dua te pro g ra m
  • Income ≤ $171,000
  • Assets ≤ $171,000

E nr

  • llme nt Re quir

e me nts

A c omple te d F AF SA or CADAA applic ation is all that is ne e de d Making education beyond high school financially accessible to all Californians.

Middle Class Sc holar ship

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SLIDE 17

Assists current and former foster youth that were dependents or wards of the court, living in foster care, for at least 1 day between the ages of 16 and 18.

  • FAFSA/ California Dream Act Application (every year)
  • Chafee Grant Application (one-time)
  • Up to $5,000 per academic year
  • Beginning in 2018-19, for new applicants, the

Chafee Grant can be renewed until the age of 2 6 (previously 23 years of age )

  • Can be used at eligible schools outside of California

Chafe e Gr ant

Making education beyond high school financially accessible to all Californians.

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SLIDE 18
  • Ca lifo rnia Pro mise Gra nt

(fo rme rly BOG F e e Wa ive r)

  • I

nstitutio na l Aid

  • F

e de ra l Pe ll Gra nt*

  • F

e de ra l Wo rk study*

  • F

e de ra l L

  • a ns*

*F AF SA file rs o nly

Othe r F inanc ial Aid Available

Making education beyond high school financially accessible to all Californians.

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SLIDE 19

 FREE financial aid!  The majority will require the following:

 Application  Letter of Recommendation (teacher, counselor, coach, etc.)  Transcript  Maybe an interview

 Some will require a bit of creativity  www.fastweb.com Google search

Pr ivate Sc holar ships

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SLIDE 20
  • FREE financial aid application workshops
  • Financial aid experts on hand to help complete

the application and answer financial aid questions

  • Open to students and parents
  • Any school or organization can host

workshops

Making education beyond high school financially accessible to all Californians. Date Location Address Start End 12/4/2018 Educational Options Center 6401 Lincoln Avenue, Riverside, CA 92506 5:00 PM 7:00 PM 2/27/2019 La SIerra High School 4145 La Sierra Ave, Riverside, CA 92505 5:00 PM 7:00 PM 2/27/2019 John W. North High School 1550 Third Street, Riverside, CA 92507 5:30 PM 7:30 PM 11/8/2018 Rubidoux High School 4250 Opal Street, Riverside, CA 2509 6:00 PM 8:00 PM

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SLIDE 21

Making education beyond high school financially accessible to all Californians.

Afte r You Apply

Afte r you apply…

  • Che c k yo ur e ma il (CSAC, fina nc ia l a id o ffic e , De pt. o f

E duc a tio n)

  • Cre a te a We b Gra nts a c c o unt: www.we bgr

ants4stude nts.or g

  • Co mple te a ny o utsta nding re q uire me nts with yo ur c a mpus

fina nc ia l a id o ffic e , suc h a s:

  • AB 540 a ffida vit
  • Se le c tive Se rvic e re g istra tio n (ma le s 18 – 25)
  • Othe rdo c ume nts to c o mple te ve rific a tio n
  • Re ne w yo ur fina nc ia l a id e ve ry ye a r (F

AF SA o r CA Dre a m Ac t)

  • Se a rc h fo r sc ho la rship re so urc e s
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SLIDE 22

Apply e ar ly

  • F

AF SA o r CA Dre a m Ac t

  • Be g inning Oc to b e r1

Apply be for e the de adline

  • Ca l Gra nt & Middle Cla ss Sc ho la rship (Ma rc h 2)
  • CSAC must re c e ive GPA ve rific a tio n b y Ma rc h 2
  • Be a wa re o f fina nc ia l a id de a dline s a t yo ur sc ho o l

Making education beyond high school financially accessible to all Californians.

T hings to Re me mbe r

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SLIDE 23

http:/ / www.fundyo urfuture .o rg

F und Your F utur e Magazine

Making education beyond high school financially accessible to all Californians.

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SLIDE 24

24

 FAFSA on the Web – Live Help  Phone 1-800-433-3243  E-mail the U.S. Department of Education:

FederalStudentAidCustomerService@ed.gov

 Email: studentsupport@csac.ca.gov  Website: www.csac.ca.gov  Cash for College workshops: www.cash4college.csac.ca.gov

If You Ne e d He lp

Making education beyond high school financially accessible to all Californians.