By the end of this workshop, I will be able to: Distinguish the difference between Financial Aid & FAFSA Name the types of financial aid Find.

By the end of this workshop, I will be able to:

Distinguish the difference between Financial Aid & FAFSA

Name the types of financial aid Find the best opportunities to pay

for collegeAccess and apply for scholarships

Grants: money you don’t have to repay, typically based on financial need

Scholarships: free money, usually based on your area of study or merit

Work-Study or Student Employment Program: part-time campus jobs

Fee Waivers: available at community colleges

Loans: borrowed money that you must pay back, usually with interest

Federal Aid

Federal Pell Grants

FSEOG Loans Work-Study

State Aid

Cal Grants Fee

Waivers Scholarship

s

Private Aid

Scholarships

It is an application from the federal government that helps a student pay for educational expenses at a postsecondary school (college)

Based on financial need as determined by family size, income, number of siblings already in college, etc.

Money can be used for tuition, school fess, books, supplies, room and board, and school transportation

Apply January 1 – March 2

Requirements -High School Diploma (or in progress of) -Planning to Attend/Attending a college -Register for Selective Service (Males Only)

Required Documents -Parent Tax Forms -Social Security Number (student & parent*)

Deadlines March 2nd (apply during your senior year, 12th

grade)

www.fafsa.ed.gov

It is an application from the state of California that helps AB540 students pay for educational expenses at a postsecondary school (college)

Based on financial need as determined by family size, income, number of siblings already in college, etc.

Money can be used for tuition, school fess, books, supplies, room and board, and school transportation

Apply January 1 – March 2

Requirements -High School Diploma (or in progress of), General

Equivalency Diploma (GED), or pass California High School Proficiency Exam (CHSPE)

-Planning to Attend/Attending a college -Register for Selective Service (Males Only)

Required Documents -Parent Tax Forms Affidavit (Deferred Action for Childhood Arrivals-DACA)

to legalize immigration status

Deadlines March 2nd (apply during your senior year, 12th grade)

Out-of-state and/or non US citizen students may qualify for in-state tuition rates at UC, CSU and California Community Colleges› Completed at least 3 years of high school in

California and› Graduated from a California high school or

received your GED in California Check with your college admissions office Additional resources available at:

› www.usc.edu/dept/chepa/pdf/AB_540_final.pdf› www.maldef.org/leadership/scholarships

/2010_Scholarship_list.pdf

10

www.caldreamact.org

University University of of

California California (UC)(UC)

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ity ity (CSU)(CSU)

CommunCommunity ity

CollegesColleges

Out of Out of State State Public Public

Schools &Schools &

Private Private UniversitiUniversiti

esesDue by Due by

March 2March 2Due by Due by March March

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Due by Due by March 2March 2

Deadlines Deadlines Vary: Vary: See See CounselorCounselor

Scholarships- is free money that you can receive because of academic merit,

need, talent, skill, etc.

Most Common Scholarships Need Based (economic circumstances) Merit Based (academic) Personal Quality Based(talent, skills,

heritage, majors, etc)Requirements

Requirements vary depending on scholarship

These scholarships are available to students whose economic situation make it difficult to pay for college

Financial Need

These scholarships are available to students who excel in academics or contributed to academics

Examples:› Grades› Test Scores› Academic Projects (research)

These scholarships are available to students with special talents, skills, or heritage

Best Resources

1st-High School Counseling Office2nd-THINK Together Program3rd-Online Database (fastweb.com,

etc)

$ Free resources www.fastweb.com www.collegenet.com/mach25

https://bigfuture.collegeboard.org/pay-for-college/grants-scholarships

www.schoalrships.com www.nationalmerit.orgwww.californiacolleges.edu

$ For Hispanic scholarships go to: www.hispanicfund.org www.latinocollegedollars.org www.hsf.net (Hispanic Scholarship

Fund) www.heef.org (Hispanic Education

Endowment Fund) www.maldef.org (Mexican American

Legal Defense and Educational Fund www.salef.org (Salvadoran American

Leadership & Educational Fund)

$ For African American scholarships go to: www.uncf.org

$ For Asian and Pacific Islander American scholarships go to: www.apiasf.org

$ For Gates Millennium Scholarships go to: www.gmsp.org

$ For Native American scholarships go to: www.bia.edu www.collegefund.org www.aises.org

Support programs vary from college to college which may help you with the following services:› Academic advising meetings› Tutoring› Book Vouchers, Meal Vouchers, Gas Cards, etc› Workshops

Check with your college’s program to find more information. Examples: › EOPS/EOP› Adelante› Puente Program› More…

If you are working, start a school savings account and allocate a portion of your paycheck to go towards school

Talk to your parents about financial aid options

Research various college support programs to inquire about requirements

Start applying to private scholarships

How would you compare and contrast FINANCIAL AID vs. FAFSA?

How would you explain a need based scholarship to your parents?

What approach would you use to gather the appropriate documents needed for financial aid?

Would it be better if you received a subsidized or unsubsidized loan? And why?

Important Resources

Connect with your institutions

Create a plan with your advisor