CAL-SOAP PRESENTS… Financial Aid Basics

How much does college cost?

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

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

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

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

How do I pay for college?

Paying for Your Education Federal Aid Grants Scholarships Loans Personal Savings

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

Make-or-Break Criteria We provide information about: Postsecondary Education FAFSA Financial Aid Package State Grants Federal Student Grants College and University Grants Federal Work Study Loans

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

For Example You have 3 colleges in mind UCSD [living on campus] UCSD [living on campus] $31,700 $23,444 SDSU [living on campus] SDSU [living on campus] $1,000 Mesa College [living at home] Mesa College [living at home] $1,000 $30,700 $22,444 $11,445 Cost of Attendance EFC Financial Need $1,000 $10,445

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

Cal Grants 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

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

Loans Subsidized Unsubsidized Private Student Federal Private Parent

Institutional Grants Work Study Determined by individual college based on financial need Awarded by individual college Work On/Off Campus Amount received only if you work Institutional Grants & Work Study

What should I do next?

Student and a Parent MUST get a PIN number to sign FAFSA online! Get your PIN numbers NOW!

Apply January 1 st - March 2 nd First come first serve! Complete the FAFSA at

Documents Needed to Complete FAFSA Social Security # Financial Records/ Tax Return Forms Address Driver’s License Number (if you have one

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

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

How to apply for Chafee Grant 1 Obtain PIN 2 Complete FAFSA application 3 Complete Chafee Application

Both Students and Parents must apply for a PIN Step 1 Complete the FAFSA online before March 2 Step 2 FAFSA PROCESS SUMMARY

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

DREAM ACT STUDENTS (no social security #) Submit Application Online Beginning January 1 st Due March 2 nd ***DO NOT USE FAFSA APPLICATION

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

(AB 540) Finding Scholarships

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 Deadline for submission varies by institution.

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

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