Presentation on theme: "Presented by: Cal State Los Angeles Center for Student Financial Aid 2015-16 Parent Academy Financial Aid & FAFSA Presentation California State University,"— Presentation transcript:
Presented by: Cal State Los Angeles Center for Student Financial Aid Parent Academy Financial Aid & FAFSA Presentation California State University, Los Angeles Center for Financial Aid 5151 State University Drive | Los Angeles, CA T |
Basic Eligibility for Financial Aid Demonstrate Financial Need H.S. Diploma or G.E.D. Certificate Working towards a degree or eligible certificate program U.S. Citizen, Permanent Resident or AB540 Valid Social Security # Maintain SAP (Satisfactory Academic Progress)
Step 1: How is Financial Aid Eligibility Determined? Complete Applications by March 2 nd Deadline EFC (Expected Family Contribution) based on family income, assets, household COA (Cost of Attendance) Based on school costs, housing
Step 2: What forms do you need to complete? U.S. Citizens Eligible non-citizens (green card holders) FAFSA GPA Form Dream App. https://dream.csa.ca.gov U.S. Citizens Eligible non-citizens AB 540 “Dreamers”
Step 3: Key Application Filing Deadlines FAFSA and Dream Application filing period: January 1 st thru March 2 nd, 2015 Priority funding consideration deadline: 2
FAFSA Login Step 4: Be sure your name matches what’s on your social security card.
Use your PIN Step 5: Have your PIN # ready. Forgot your PIN? Click on “Request a Duplicate PIN” NEW applicants can apply for a PIN
Create a Password Step 6: Create a password If you want to save the information and come back later.
Student Information Step 7: Enter student information
School Selection Step 8: List up to 10 schools. Schools will only receive the information if you list them.
Your Dependency Status? Step 9: Answer “No” to all the questions will require parent information. Answer “Yes” to any 1 question will consider you as an independent student.
Parent Personal Information Step 10: Enter parent’s information. Important: Names must match social security card. For , it will say “Parent 1 & Parent 2”
Parent Financial Information Step 11: If possible, utilize IRS data retrieval. Available February 1, 2015.
Parent Financial Information Cont… Step 12: Provide additional parental income and asset information
Student Financial Information Step 13: Provide student’s financial information from 2014
FAFSA Confirmation Step 14: You’re done! Make sure your address is correct You can transfer your parent’s info. to a sibling’s FAFSA Verify the schools that you want listed Your eligibility is determined by your EFC
Helpful Hints March 2 nd deadline applies to everything but don’t wait until the last minute. March 2 nd deadline applies to everything but don’t wait until the last minute. FAFSA processing priority: Parents getting a refund will get FAFSA processed quicker FAFSA processing priority: Parents getting a refund will get FAFSA processed quicker FAFSA: Apply early after January 1 st. Use estimated information and update later. FAFSA: Apply early after January 1 st. Use estimated information and update later. Provide accurate financial information Provide accurate financial information If you are selected, don’t panic, but don’t delay submitting documents either. Make copies of everything you submit. If you are selected, don’t panic, but don’t delay submitting documents either. Make copies of everything you submit. If you have questions, don’t assume-ask! If you have questions, don’t assume-ask!
Need Additional Help? FAFSA Help Toll Free # Live Chat California State Grants Toll Free # Live Chat
CSULA Financial Aid Office SA 124 Student Affairs Building Monday – Thursday: 8am – 6pm Friday: 8am – 5pm Phone: (323)
Table Discussion Followed by Question and Answer