1. Financial Aid & Scholarships Office
Admitted Transfer Day
Financial Aid & Scholarships Office

2. Financial Aid Applications
The Free Application for
Federal Student Aid (FAFSA)
The Dream Application OR

3. What is Financial Aid? Need based aid, does not have be repaid.
Merit or need based aid, does not have to be repaid.
Earn money to pay for expenses, on-campus or off-campus job required.

4. Follow Up
If you completed the FAFSA online AND provided an address you should have received the results of the FAFSA which is called a Student Aid Report (SAR) via .
Dream Act filers can check their application status by visiting
Review your SAR or Dream Act application for accuracy and comments that require follow up.
Please consistently monitor your for communication from the Financial Aid & Scholarships Office.

5. Verification Process
Students may be randomly selected for “Verification” by the Department of Education (FAFSA) or the California Student Aid Commission (Dream Act)
The Financial Aid & Scholarships office may request:
Verification Worksheet
Copies of tax transcripts
W-2 forms
Processing of an application will be delayed if documents are not submitted or incomplete
Verification may take up to 4-6 weeks to process

6. Methods of Communication & Submitting Forms
myCI
Methods of Submitting Forms
Drop off in-person at the Enrollment Center (Sage Hall, Room 1020)
Send by mail (Attn: Financial Aid & Scholarships, CSU Channel Islands, One University Drive, Camarillo, CA 93012)
Scan and (please read encryption instructions) 

7. FAFSA Dream Act Types of Financial Aid Private Scholarships!
State Grants:
Cal Grant A or B
Middle Class Grant
State University Grant
Institutional
Scholarships
Federal Grants: Pell & SEOG
FAFSA
Dream Act
Federal Loans Student and Parent
Federal Work Study

8. Federal Direct Loans for Students
Subsidized Loans
Awarded based on need as determined by FAFSA
Amounts vary depending on grade level
The current interest rate on the loan is fixed at 4.45%*
Unsubsidized Loans
Not based on financial need
The current interest rate is fixed at 4.45%*
*Rates are subject to change annually

9. Federal Direct Loans for Parents
Direct Parent PLUS Loan
Parents will apply for the loan via studentloans.gov
Complete Application (includes credit check)
Complete Master Promissory Note (MPN)
The current interest rate is fixed at 7.00%*
Parent PLUS loan cannot be accepted in myCI
If the Parent PLUS loan is denied, the student is eligible for an additional unsubsidized loan.
*Rates are subject to change annually

10. What are my out of pocket expenses?
Step 1: Review your Financial Aid Award (Award Summary) in your myCI student center
Step 2: Review your Account Summary for your total charges (available starting July 1st) or review the Cost of Attendance on the financial aid website (housing costs may vary)
Step 3: Determine how much financial aid you are eligible to receive for the Fall 2018 term
Step 4: Calculate your out of pocket expenses
= Out of pocket expense

11. Additional Options to Cover Balance
If your financial aid grants, scholarships, and student loans do not fully cover your University charges (tuition, fees, on-campus housing and meal plan), the following are additional options to consider…
Enroll in a Payment Plan
Tuition Installment Payment Plan (TIPP)
Housing Installment Payment Plan (HIPP or IPP)

12. Additional Options to Cover Balance
Search for Off-Campus Scholarships
A word of caution, if it costs you money to search or apply, it is probably not a legitimate opportunity.
Apply for a Direct PLUS Loan
So long as their credit is approved, the borrower may request an amount up to the student’s Cost of Attendance minus all other financial aid.
Apply for a Private Education Loan
This is a credit-based loan and we encourage students to have a co-signer to reduce the variable interest rate.

13. How to Monitor Your Financial Aid

14. Student Center Home Page

15. To Do List

16. View Awards

17. View Awards

18. View Awards

19. Cal Grant Claiming Process
Student’s must claim their Cal Grant Award by logging into their WebGrants ( account and confirming:
School of attendance; or
Change selected school; and
High School graduation (if your high school did not certify it for you)
CSUCI will not be notified of your Cal Grant eligibility if you do not claim your award
Your award will be withdrawn at the end of the academic year if unclaimed

20. Important Items Enrollment Requirements and Financial Aid Awards
Grant aid awarded assuming full-time (12+ units) enrollment
If not full-time, grant aid will be prorated/reduced
Must be enrolled at least half-time (6+ units) to borrow federal loans
First-time student loan borrowers must also complete the loan requirements at studentloans.gov
Loan Entrance Counseling
Master Promissory Note (MPN)
Only Community College’s receive CA College Promise Grant (formerly known as the BOG Fee Waiver)

21. Important Deadlines and Dates
Upcoming
May 31st: FA Priority Document Deadline
Completed files take 4-6 weeks to process
August 16th: First Disbursement of Fall 2018
Yearly Reminders
October 1st: New FAFSA available
March 2nd: Complete a FAFSA or Dream App online
Priority deadline each year
March 2nd: Cal Grant GPA Verification
High Schools are required to electronically submit GPA verification
January 1st - March 2nd: Application for CSUCI Scholarships

22. Office Information & Resources
How we contact you:
myCI
How you can contact us:
Phone:
Walk in hours (subject to change)
Monday-Thursday: 10am-12pm & 1pm to 4pm
Friday: By appointment only
Resources:
Website:
Forms and Financial Aid TV (Instructional videos) are here!

23. Thank you and welcome to CSUCI!