What is Financial Aid? Financial Aid is a term used to describe any and all types of financial resources used to pay for a postsecondary education How to Pay for College
Who is eligible for Federal or State Aid? Legal U.S. Citizen, Resident or AB540 (for state aid must be legal CA resident or qualify under AB540) Registered for Selective Service (males only) Attend an eligible College or University Maintain at least ½ time enrollment at the school currently attending. Maintain satisfactory academic progress Not be at default with a federal or state funding agency
How to Pay for College Factors that help determine Financial need Total Household Income Total number of Investments (i.e. mutual funds, stocks etc.) Age of older parent Number of people living in household Number of people in household enrolled in college Students’ income First generation college student
How to Pay for College How to determine college cost? Tuition and fees Books and supplies Housing (rent, utilities, food) Transportation Personal expenses
How to Pay for College How much does it cost? Type:Cost: Community College (CC)$624 per semester/12 units California State University (CSU) $24,000 University of California (UC) $32,000 Private College and University $12,000 - $46,000
How to Pay for College Determining Student Need Cost of College or University __ Expected Family Contribution _____________________ Student Need
How to Pay for College Four Types of Financial Aid 1. Scholarships 2. Grants 3. Work Study 4. Loan / Default Prevention
How to Pay for College Scholarships This type of award does not have to be repaid, it’s free. A type of fund that one receives through activities, writing, talent or academic merit. Requirements vary Scholarships can be Academic or non-academic
How to Pay for College Grants Money given that does not have to be repaid
How to Pay for College WORK STUDY A federally funded program that works together with the university that the student attends which provides financial aid through employment opportunities. The student can work a maximum of 20 hours per week. Flexible schedules are available. Student’s education is a priority.
How to Pay for College LOANS Money that must be repaid.
How to Pay for College HOW AND WHEN DO YOU APPLY? Fill out the Free Application for Federal Student Aid (FAFSA) and the Cal Grant GPA Verification form. You can obtain a copy of the FAFSA and the GPA verification form in the college office at your sons/daughters school or in any public library. You can also apply online at: www.fafsa.gov January 1 st – March 2 nd is the Filling period during your son’s /daughter’s senior year in high school. Call 1(800) 4FED-AID for more information.
How to Pay for College Assembly Bill 540 Assembly Bill 540 Requirements & Eligibility Required Affidavit for AB 540 Students Financial Resources Additional Resources
How to Pay for College ASSEMBLY BILL 540 REQUIREMENTS 1.Attended a high school in California for 3 or more years. 2.Graduated from a CA high school or attained the equivalent of a high school diploma, (Passed the GED or CA High School Proficiency Exam) 3.Register or be currently enrolled in 1 of the 3 state institutions of higher learning. 4.File an affidavit with the college or university stating that he or she has applied to legalize his or her legal status or will do so as soon as he or she is eligible to do so 5.All information provided by student will be kept confidential by the college or university
How to Pay for College Required Affidavit for AB 540 Students The affidavit is required by the college where the student will be attending The affidavit states that the student will adjust their status, as soon as they are eligible to do so Students are not required to submit a new affidavit when there is continuous enrollment The information on the affidavit is kept confidential, as required by law. Immigration has no access to student information
How to Pay for College IMPORTANT Please remember to make copies of any document you fill out and send Any document you send should have proof of mailing, therefore you should always obtain a certificate of mailing from the post office.
Making College Success a Family Goal What is a goal? A goal is a desired result a person (or organization, or a family)wants to achieve A goal can be Getting a College Degree
Making College Success a Family Goal Getting a College Degree is a big or Monster Goal It takes time Commitment Resources Planning and Perseverance
Making College Success a Family Goal It is considered wise to establish a time within which you wish to achieve your goal It is wiser yet, to establish specific “little steps” or mini goals that you need to take in order to achieve your Monster goal
Making College Success a Family Goal It is even wiser to make those “little steps” Realistic “Reachable” Measureable – You can clearly determine when you have reached or finished each “little step” Have a time by which they will be completed
Making College Success a Family Goal Your son or daughter has the goal of getting a college degree But without identifying the steps to do that, it will be a more difficult challenge
Making College Success a Family Goal In order to reach that goal they should establish A timeframe for reaching that goal Have little steps, or mini goals, that are Realistic “Reachable” Measureable – You can clearly determine when you have reached or finished each “little step” Have a time by which they will be completed
Making College Success a Family Goal But as important as their goal setting is, today it’s to have you think about the family setting a goal You and your family are here because you share your son or daughter’s goal of getting a college degree If you haven’t thought of it this way, and you may have, you need to Their getting a college degree has to explicitly be your goal too!!
Making College Success a Family Goal In a similar way, without your family identifying the steps it can take to help your son or daughter reach their goal of getting a college degree, it will be a more difficult challenge for them Not impossible, but much more difficult
Just like their successfully completing high school and meeting requirements for college did not happen without your help and support, neither will reaching the goal of earning a college degree happen without your help and support. During high school, and before, in what ways did you provide help and support for your son or daughter? Making College Success a Family Goal
There is no question that your child has the greatest responsibility for their success in college, but YOU can help and make a big difference by: Recognizing and accepting that things you do and say can contribute to your child’s success in college
Making College Success a Family Goal YOU can help and make a big difference by: Helping to create an environment at home that recognizes that being in college, and doing what is needed to be successful in college, is one of your son or daughter’s primary responsibilities. For the next four or five years, it is their primary “job”. Sometimes being the one to remind them that college is their primary responsibility.
YOU can help and make a big difference by: Helping them find or create a place at home where they: Can study and associate with studying Can layout their things and have a Place to put them away Have a space that is quiet and well lit A place to write (desk or table) Making College Success a Family Goal
YOU can help and make a big difference by: When appropriate, letting your child know that they are giving things up today to get a college degree, but you know they will benefit greatly in the future You may also tell them that they are setting an example for their younger brothers, sisters, cousins, and nephews
Making College Success a Family Goal YOU can make a big difference by: Supporting (and modeling, when appropriate) those things that help to be a successful student, like: Managing time wisely Not putting things off Making school a priority Are there things presented above that you have already been doing? How might they change now that your son or daughter is in college?
Making College Success a Family Goal YOU can make a big difference by: Learning about the “important” times in their school calendar when they might need extra support, understanding, alone time or just a little extra “slack”. During midterms Finals Week When papers are Due When They are preparing for a Presentation or Speech When Registering for Classes
YOU can make a big difference by: Try to learn enough about the college experience so you Have an idea of what they are going through when they share things with you and discuss it with them with some Understanding. How hard it is to get classes and how that can delay their Graduation. Choosing a major, not being sure about their major, or Thoughts about changing their major. How complex the university is and how hard It is to know all of the“rules”. Making College Success a Family Goal
Remember, parent/family involvement can help your child succeed in college. Parent/family involvement is the active participation of a parent and other members of the family in activities and relationship building that takes place at home to support their son or daughter’s learning, progress and success and as a college student. Making College Success a Family Goal