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Financial Aid - PowerPoint PPT Presentation


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Financial Aid. What does it cost? 2013-14 Cost of Attendance* (9 months). * Systemwide averages, actual amounts will vary by CSU campus. Resources for Cost Information. California State University Website ( http://www.calstate.edu/budget/student-fees/fee-rates/ )

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slide1

Financial Aid

CSU HS Counselor 2007

what does it cost 2013 14 cost of attendance 9 months
What does it cost?2013-14 Cost of Attendance* (9 months)

* Systemwide averages, actual amounts will vary by CSU campus.

resources for cost information
Resources for Cost Information
  • California State University Website (http://www.calstate.edu/budget/student-fees/fee-rates/)
  • This site includes a link to CSU Mentor – Application and Financial Aid information
  • Calculate Net Cost here using the Net Price Calculator
scholarshare saving for college
ScholarShare & SAVING FOR COLLEGE
  • How Much will it Cost:
csu financial aid 2011 12
CSU Financial Aid 2011-12
  • 306,285 CSU Students received aid (72% of all students)
  • Nearly $3.6 Billion in Total Aid
  • 57% of All undergraduates have full cost of tuition covered by grants, scholarships or waivers
  • $613 million in State University Grant to 133,000 + students
  • For the 2013-14 academic year we anticipate more than $630 million in State University Grant awards
hot topics
Hot Topics
  • California Dream Act
  • Middle Class Scholarship
  • Be aware of our Deadlines
  • Special Circumstances
new dream application
NEW: Dream Application

Students without lawful immigration status, who qualify for an AB540 nonresident tuition exemption:

  • Dream Application is completed instead of FAFSA (www.caldreamact.org)
  • Used to determine eligibility for state and institutional need based scholarships and grants
  • Cal Grant GPA verification is still required, in addition to the Dream

Application, for Cal Grant consideration

  • Some campuses may also have a separate institutional scholarship

application that must be filed in addition to the DREAM and FAFSA

applications

  • The Admission application fee waiver is also available to students

without lawful immigration status, who will qualify for an AB540 nonresident

tuition exemption & meet the income guidelines

new dream application ab 540 general requirements
NEW: Dream Application AB 540 General Requirements
  • The student must have attended a HS (public or private) in CA for 3 or more years,

AND

  • The student must have graduated from a CA HS or attained the equivalent (GED and CA HS proficiency exam also qualify),

AND

  • File an AB540 Affidavit (California Non-Resident Tuition Exemption Request form) with the college or university
    • Available in the Admissions & Records office of each CSU
new middle class scholarship
New: Middle Class Scholarship
  • Available beginning 2014-15 academic school year – Fall 2014
  • State scholarship for students with family income up to $150,000 on a sliding scale
  • UC and Cal State specific
  • FAFSA and Dream applicants will be considered for eligibility
  • Limited information is currently available
new middle class scholarship1
New: Middle Class Scholarship
  • For the 14/15, 15/16, and 16/17 school years the MCS amount is reduced
    • 2014-15 CSU maximum is approximately $766 and for the UC $1,700
  • When fully implemented in 2017-18 the maximum award will be 40% of systemwide tuition fees at a UC or CSU
csu deadlines
CSU Deadlines
  • Check CSU Mentor for admit application Deadlines
  • Most CSU’s use March 2nd for priority funds also for Cal Grants
  • Document deadlines also determine aid amount and priority
new application changes
New: Application Changes
  • Parent Definition
  • Addition to previous definitions:
    • Parents are not married to each other and live together, student may select “unmarried and both parents are living together”
    • This definition includes domestic partners
    • Both parents income should be reported
    • Both parents should be included in the house hold size
special circumstances
Special Circumstances
  • Don’t let this delay your FAFSA or Dream application: meet with a financial aid counselor early
  • Each campus has different policies and procedures for helping these students and families
  • FERPA: Family Educational Rights and privacy Act
    • Prevents University staff from discussing student specific information with a third party, including parents, without the student being present
special circumstances1
Special Circumstances
  • Death of a Parent
    • Parent/Student Loss of Employment
  • Parents Divorce/Separation
  • Student Estrangement from Parents
  • Homeless students
  • Other: Students with unique situations should contact the financial aid department at a CSU campus for guidance
aid available at the csu
Aid Available at the CSU

Recall the average cost of $15,548 for an at-home student

Pell Grant: $5,730 $ 201Minimum

State Univ Grant: $5,472

Cal Grant Access $1,473

SEOG Varies by Campus

Direct Loan $5,500 Sub & Unsub

aid available at the csu1
Aid Available at the CSU

Don’t Forget Scholarships

Over 10 Million in annual available scholarships

  • CSU Trustee Award 2 $10K and 3 $6K
  • Dumont Scholarship for visually impaired
  • Wilson Riles for 1st Generation Student

Check with Individual campuses and websites

helpful websites
Helpful Websites
  • FAFSA: http://www.fafsa.gov/
  • Cal Grants: http://www.calgrants.org/
  • Dream Application: www.CalDreamAct.org
  • Department of Education - Student guide: http://www.studentaid.ed.gov/
  • CSU campus websites: http://calstate.edu/sas/fa_campus_url.shtml
  • CA Colleges and Career planning:
  • http://www.californiacolleges.edu/
my information
My Information:

Rhonda Johnson, Executive Director

California State University, East Bay

Email: finaid@csueastbay.edu