1. WELCOME !! TO RBHS FINANCIAL AID WORKSHOP WORKSHOP

2. FUNDING YOUR COLLEGE EDUCATION

3. Estimated Cost of College Com.Coll CSU UC PRIVATE Regis./Tuition $600-$768$3,116-$4,689$7,148-$8,374$26,220-34,800 Books/Supplies $1,400 $1,400 $1,386 $1,386 $1,588 $1,588 $1,335 $1,335 Room & Board $3,500-$9,936$7,536-$11,500$9,800-$12,972$7,998-$10,808 Transportation/ Personal Expense $744-$1,242 $744-$1,242 $1,930-$2,502 $1,930-$2,502 $764-$1,242 $764-$1,242 $2,718 $2,718 $1,554 $1,554 $2,470 $2,470 $1,262 $1,262 $2,826 $2,826 TOTAL EXPENSES $8,174- $15,706 $8,174- $15,706 $15,520- $21,535 $22,560-$26,958$39,641-$51,031

4. FAFSA-Free Application for Financial Aid 96% of students apply electronically at www.fafsa.ed.gov www.fafsa.ed.gov List up to 10 schools on the FAFSA SAR-Student Aid Report received within 3 days. Students sent via email link. Additional schools may be sent information: provide DRN (Data Release Number) on right hand corner of SAR Students can electronically change data and schools on the SAR at any time.

6. ADDITIONAL FINANCIAL AID FORMS Ask what forms the institution requires, in addition to the FAFSA What are the filing deadlines? May be filed earlier than the FAFSA Jan. 1. Some private and public institutions require the CSS Financial Aid Profile and other scholarship or financial aid forms. CollegeBoard website has a list of schools on their website-www.collegeboard.com. Two-step process for CSS Profile: –$5.00 online registration-www.collegeboard.com –$18.00 per college –Email help: help@cssprofile.org

7. CATEGORIES OF FINANCIAL AID Scholarships – Check www.rbhs.org and the Bronco Center for updated lists and individual college scholarships. Grants - State, federal (Pell and Supplemental), college, or other programs coordinated by the college. Need-based or merit-based; no repayment. Loans – Borrowed money that must be paid back with interest. Employment Opportunities – Campus-based programs (Federal Work Study), or private employment.

8. SAMPLES OF SCHOLARSHIPS CHECK IN THE BRONCO CENTER AND RBHS.ORG 1. Better Business Bureau 1. Better Business Bureau 2. Prudential Spirit of Community 2. Prudential Spirit of Community 3. Coca-Cola Foundation 3. Coca-Cola Foundation 4. American Council of Engineering Companies 4. American Council of Engineering Companies 5. US Bank Scholarships. 5. US Bank Scholarships. 6. Wendy’s High School Heisman 6. Wendy’s High School Heisman 7. Sons of the American Revolution 7. Sons of the American Revolution 8. Elks National Foundation 8. Elks National Foundation 9. NROTC Scholarship 9. NROTC Scholarship 10.Calif. Dept of Veterans Affairs 11.Burger King Scholars 12.Sons of Italy Western Foundation

9. CAL GRANTS CAL GRANT A – Low to middle income families: 3.0 minimum GPA CAL GRANT B – Lower income families: 2.0 GPA CAL GRANT C – Low to middle income families: No minimum GPA CAL GRANT A/B –Community College Transfer 2.4 GPA COMPLETE FAFSA--APPLY BY MARCH 2- Tuition,fees,living expenses covered.

10. FEDERAL GRANTS Academic Competiveness Grant $750 CSU Eligible--second year $1300 Pell Grant- $4,050 Pell Grant- $4,050 Supplemental Educational Opportunity – Supplemental Educational Opportunity – School Determines Amount dependent on FAFSA-$100-$4,000-varies for institution.

11. College Grants Community College-BOG-Board of Governor’s Fee Waiver- www.icanaffordCollege.com CSU-State University Grant(SUG)www.csumentor.edu UC Grant-www.universityofcalifornia.edu Independent College Grants- www.aiccu.edu or www.aiccumentor.org

12. National SMART Grant U.S. Citizens and eligible non-citizens Federal Pell Grant recipient Cumulative GPA 3.0 Eligible major:Computer Science, Math,Engineering,Physical Science,Technology,Life Science, or Foreign Language $100-$4,000-funding varies at institution

13. So You Want to Be a Teacher? Federal Teach Grants-Teach in a “high need” school/subject-$4,000 Federal Loan Forgiveness-$5,000 in federal Stafford loan for five years low income school. Up to $17,500 for math,science, special ed. Federal Perkins Loan Forgiveness-part or all-low income school, special ed.,subject related. Teach for America-Interest payment or $4,725 per year if you teach 2 years at a disadvantaged school.

14. LOANS Federal Stafford – low interest 6%-6.8%; students pay back after graduation-6 month grace period. Federal Perkins – low interest-5%; exceptional financial need based; students pay back after graduation- 9 month grace period. Federal Plus – 8.5%-Parent’s assume responsibility.May align with student 6 month grace period. Private – Contact lender or college. Institutions differ in available funds. Federal Work Study-Apply with Financial Aid Forms. Job may be on or off campus.

15. NECESSARY DOCUMENTS Social Security number, driver’s license number 2008 W-2 Forms 2008 Income Tax Returns – parent and student (estimate, if necessary) Recent bank statements Your Federal Student Aid PIN, and a parent’s PIN An email address Recent business or investment records Alien registration number or permanent resident card if not a US Citizen

16. FIRST STEPS IN APPLYING  Be sure you have a Social Security number; males 18 and over must register for Selective Service at www.sss.gov www.sss.gov  All students must fill out a FAFSA-Free Application for Student Aid.  NEW!! FAFSA 4Caster Worksheet Link at - www.fafsa.ed.gov Automatic PIN Registration-Allows electronic signature Automatic Transport to Jan. 1 FAFSA  OR -Get a PIN number at www.pin.ed.gov. Both parent and student need a pin. PIN received immediately. www.pin.ed.gov  Submit the FAFSA on the Web starting Jan. 1 - early submissions will be returned! March 2 is the due date for CAL Grants!

17. DEFINITION OF NEED Cost of Attendance (COA) Cost of Attendance (COA) - Expected Family Contribution (EFC determined by FAFSA and Feds) - Expected Family Contribution (EFC determined by FAFSA and Feds)___________________________________ = Need (Scholarships, Grants, Loans) = Need (Scholarships, Grants, Loans)

18. Private School Sample Package CLASS OF 2012 2012 FAMILY A FAMILY B FAMILY C Cost of Attendance $50,250$50,250$50,250 Parent Contribution - 0 -10,000-20,000 Student Contribution - 1,500 -1,500 Need 48,750 48,750 38,750 38,75028,750 Self-Help (job and/or /loan) - 2,500 2,500 2,500 Total Scholarship 46,250 46,250 36,250 36,25026,250

19. HELPFUL WEBSITES www.monster.comwww.finaid.orgwww.gocollege.comwww.collegeboard.comwww.edwise.orgwww.fastweb.comwww.scholarships.com

20. REMINDER PARENT FINANCIAL AID NIGHT 6:30 p.m. Wednesday, January 8, 2009 RANCHO BERNARDO HIGH SCHOOL PERFORMING ARTS CENTER