1. 1 Denise Apuzzo - Gavilan College Financial Aid Office

2. 2 College Affordability: Average Cost of Higher Education (per year) CSU- ($13,000 -- $23,000) UC- ($24,000 -- $29,000) Private Schools- ($25,000 -- $60,000)

3. 3 Student Financial Need Cost of Attendance: College Budget per year (education, housing, transportation, & personal). Estimated Family Contribution: Based on federal formula. Cost of Attendance -Expected Family Contribution _____________________________ = Financial Need

4. 4 GRANTS (Free Money) –Federal Pell Grant –State Cal Grant –State University Grant at CSU - Priority is given to undergraduate students who have an EFC between 0- 1000. FEE WAIVERS: The Cal Vet Tuition Fee Waiver: Veteran Dependents waives mandatory system-wide tuition at CSU or UC in lieu of other state aid. SCHOLARSHIPS (Free Money) LOANS (must be paid back) Types of Financial Aid

5. 5 Scholarships Merit or Need based scholarships (academic performance or financial need) Deadlines will vary Application Process: Application, personal statement, letter of recommendation, and official transcripts. Final interview may apply.

6. Scholarships Researching Scholarship Opportunities: –EdFund Brochure - websites (Fastweb.com Scholarships.com) –Career Center –Financial Aid Office at Gavilan –Financial Aid website at Transfer School –Specific Scholarships for Dreamers 6

7. 7 Gavilan College Educational Foundation: –Various scholarships. –Due Date: Spring – most due March 13, 2015 Gavilan Scholarships & additional scholarship information available at: –www.gavilan.edu/finaid/www.gavilan.edu/finaid/ –New Gavilan scholarship program will launch on December 1, 2015 Gavilan College Scholarships

8. 8 FAFSA Application -US Citizens and Permanent Residents: –Online at : www.fafsa.ed.govwww.fafsa.ed.gov Cal Dream Act Application – AB540 (Dreamers): –Online at: https://dream.csac.ca.gov/https://dream.csac.ca.gov/ Students and Parents Information Needed: –Income (Federal Taxes) –Current Value of Assets –# of Family Members and # attending college

9. 9 Eligibility for Federal Student Aid U.S. citizen/eligible non-citizen Social Security Number H.S. diploma, CHSPE, GED, Ability to Benefit Test, ATB-C Financial need (Estimated Family Contribution) Selective Service (males only) Degree or Certificate program

10. 10 Federal Student Aid Includes: GRANTS WORK STUDY LOANS

11. 11 Federal Pell Grant and Federal SEOG Grant Automatically considered for a Pell Grant. Grant Award based on Estimated Family Contribution: –Pell awards up to $5,775 per year (full time enrollment). –SEOG awards vary from $100 to $4000 per year depending on Financial Need

12. 12 National TEACH Grant The TEACH Grant can help you pay for college if you plan to become a teacher in a high-need field in a low-income area. Up to $4,000/year for 3 rd & 4 th year college students Eligibility Requirements: Must file FAFSA and be a Pell eligible US Citizen or Permanent Resident. 2015–16 TEACH Grant first disbursed before Oct. 1, 2016, the maximum award of $4,000 is reduced by 6.8 percent ($272), resulting in a maximum award of $3,728.

13. 13 Federal Work Study Grants Part-time job on or off campus. Part of Financial Aid Package May work 12 - 24 hours per week, depending on college policy. Obtain experience in career-related field or community service.

14. 14 Federal Student Loans Dept. Of Education oversees Student Loan Program Must be repaid with interest and fees Federal Direct Loan Program Current Interest rate for Undergraduates is 4.29% Maximum loan amounts for students: – 30+ units = $4,500 - $6,500 Dependent Students – 30+ units = $4,500 - $10,500 Independent Students –Parent Loans vary – Direct Parent Plus Loan Interest rate is currently 6.84%

15. 15 State Aid (California) CAL GRANT A or CAL GRANT B STATE UNIVERSITY GRANTS

16. 16 Cal Grant A Transfer Entitlement Low-to-middle-income families CC Reserve from High School = 3.0 GPA Minimum Transfer GPA = 2.40 Community College Completion of the Transfer Entitlement Verification Form on Webgrants for Students: https://mygrantinfo.csac.ca.gov/ Tuition/Fee Awards by institution: –CSU: $5,472 –UC: $12,240 –Independent: $9,084

17. 17 Cal Grant B Low-income families Minimum GPA = 2.40 or above at Community College Grant Amount: $1,656 (at either CC or university) PLUS Tuition/Fee Awards at Universities: –CSU: $5,472 –UC: $12,240 –Private/Independent: $9,084

18. 18 Cal Grant Income Ceilings 2016-17 Dependent Students and Independent Students with dependents other than a spouse: Family Size Cal Grants: A Cal B 2 $81,300 $38,000 3 $83,300 $42,800 4 $90,500 $47,600 5 $97,000 $53,200 6 or more $104,600 $57,500

19. Cal Grant Income Ceilings 2016-2017 Independent Students Cal Grant A Cal Grant B Single, No Dependents$33,200$33,200 Married, No Dependents$38,000$38,000 Additional Middle Class Scholarship: Middle class tuition discounts from 10% to 30%. Eligible students whose families are making $100,000 to $150,000 per year. % Discount is income dependent. 19

20. 20 Cal Grant Program Asset Ceilings All Cal Grant Programs Dependent Students $70,000 Independent Students $33,300

21. 21 How to Apply for Cal Grants? Submit FAFSA or Dream Act by March 2 nd –Or Complete GPA Form: Name, SSN, address, & signature. Take form to Admissions to certify GPA and mail to CSAC before March 2. –Gavilan sends electronic GPA for all students who have completed 18+ units before March 2 –Update Webgrants account to school of enrollment Check with Financial Aid Office at your school to see if you are on their roster!

22. Understanding Your Award Letter 22 Sample Award Letter

23. 23 Understanding Your Award Letter Schools offer an appeal process for Financial Aid. This is called a Request for Professional Judgment. If you or your family’s financial situation has changed due to divorce, death, illness or unemployment, you should consider this option.

24. 24 Any Questions?

25. 25 Contact Information Denise Apuzzo Gavilan College Financial Aid Office (408) 848-4763 Email: dapuzzo@gavilan.edu