Download Applying For Financial Aid

Today’s Agenda
We Will Review:
0 The types of financial aid that is available to help
students pay for college
0 Steps to completing the FAFSA
0 Briefly discuss the California Dream Act application
Who Should Apply for Financial
Aid?
High School Seniors need to apply for financial aid if:
0 You are planning to attend a four year university
0 You are planning to attend a community college
0 You are planning to attend a trade school
Free Application For Federal
Student Aid (FAFSA)
Website: Fafsa.ed.gov
Application Opens: October 1, 2016
Application Deadline: March 2, 2017
You will fill out the FAFSA if:
0 you are a U.S. Citizen or a Permanent Resident.
0 You must have a social security number to complete
the FAFSA.
California Dream Act
Website: Dream.csac.ca.gov
Application Opens: October 1, 2016
Application Deadline: March 2, 2016
You will complete the California Dream Act if:
0 You are an undocumented student
0 You are not a U.S. Citizen
0 You have attended a CA high school for at least 3 years and
will graduate from a CA high school
0 You do not have a social security number (a social security
number that was issued to you for work purposes does not
count)
What Do I Need To Fill Out My
FAFSA/Dream Act?
0 Your social security number (For FAFSA only)
0 Your Parents’ IRS 1040 or 1040A 2015 taxes
0 The amount of money your parents have in their
checking and savings accounts
0 Date your parents got married or divorced
(MM/YYYY)
0 Your mom’s birthday (MM/DD/YYYY)
0 Your dad’s birthday (MM/DD/YYYY)
0 A list of all of the universities/colleges you applied to
and plan to apply to.
Types of Financial Aid
Available
0 Grants: free money you do not have to pay back Ex.
Pell Grant and CSU Grant
0 Scholarships: Free money you don’t have to pay back.
0 Federal Work Study: A part time job that you will
work on campus. Ex. Bookstore cashier, office
assistant
0 The federal government pays your wages.
0 You can use your earnings on anything you like.
0 Select “Yes” to the question regarding Work Study on the
FAFSA
How Do I Apply For a Cal
Grant?
0 #1 Submit your FAFSA or California Dream Act by
March 2, 2017!
0 #2 JGHS submits your Cal Grant GPA on your behalf.
HOWEVER, if you get an email stating it was NOT
submitted or that you were disqualified, please see
Ms. Zavala ASAP!!
0 #3 Create an account at webgrants4students.org so
you can check the status of your Cal Grant Award.
Board of Governors
(BOG) Fee Waiver
California Community Colleges
0 BOG Fee Waiver: This waiver is awarded to students
who are low income and will be attending a California
Community College. This covers the cost of tuition.
0 For 2016-2017, the BOG Fee Waiver amount was
$1748 ($874 per semester).
Federal Student Loans
0 Federal Subsidized Loans: money that you borrow
from the federal government to help you fund your
education.
0 The government pays your interest while you are in
college.
0 The current interest rate is 3.76%.
0 Federal Unsubsidized Loans: money that you
borrow from the federal government to help you fund
your education.
0 Your interest accrues while you are in college.
0 The current interest rate is 3.76%.
Federal Loans Continued
0 PLUS Loan: money that your parent(s) will borrow
from the federal government to help you pay for your
college education.
0 The current interest rate is 6.31%
0 The interest accrues while you are in college. Parents
are responsible for paying the interest.
Remember…
0 If your school offers you a student loan, you can do
one of three things:
0 Accept the ENTIRE loan amount
0 Accept PART of the loan amount
0 DECLINE the loan
0 If you see a loan on your financial aid award, please
meet with Ms. Zavala to discuss it.
0 ALWAYS ACCEPT grants and scholarships!
Financial Aid Awards
0 If you are accepted to a CSU, UC or Private/out of
state university, you will receive a financial aid award
online.
0 You will need to log in to your account on the school
website’s student portal to review it.
0 Be sure to meet with Ms. Zavala discuss your award and
for help comparing your awards from the colleges.
Financial Aid Awards
0 If you are applying to and planning to attend a
California Community College:
0 Your financial aid award will appear on your student
portal on the college’s website.
0 The financial aid awards usually do not show up online
until May/June.
0 You should meet with Ms. Zavala to review your award
and for help understanding it.
IMPORTANT!!
0 ALWAYS CHECK YOUR EMAIL!
0 If a university/college is requesting additional
financial aid documents, see Ms. Zavala ASAP!
0 If you do not submit your documents by a set deadline,
you lose out on a lot of financial aid money!!
Apply online @
Fafsa.ed.gov
Any 4 digit
number
You will
answer
questions for
each section
listed above
Be sure to search for ALL of the colleges
that you applied to and plan to apply to.
You will select Yes or
No for every question
on this page
Ask your parents if
you are unsure
You will need your
parent(s) tax forms
to answer the
questions on the next
few pages
Enter 000-00-0000 if your
parent does not have a
Social Security #
You must create
an FSA ID. Click
the link in blue
to create one.
1 Parent
needs to
create an
FSA ID as
well.
Click once you
have answered all
of the questions
and signed with
your FSA ID
Apply online at:
Dream.csac.ca.gov
The CA Dream Act questions are very
similar to the FAFSA questions. See Ms.
Zavala if you need help filling this out.
FAFSA and CA Dream Act
Assistance
0 Ms. Zavala is available to help you before school, during
lunch and after school with your FAFSA or California Dream
Act.
0 Cash For College FAFSA/Dream Act Application
Workshop Saturday 10/15 10am-2pm JGHS Library
0 Please see Ms. Zavala to make an appointment if you would
like assistance during class time.