Cash for College Workshop, January 12, 2016, 6:00 pm, Library
Receive assistance on filling out the FAFSA
The cost of going to college is a concern for parents and students. The
following will give you some basic information about financial aid to help meet
the challenge of paying for college.
Costs of going to
Four factors that influence
1) Geography: Location influences the cost of living, e.g.,
housing, food, and transportation. You should consider the cost of traveling
from home to college. Estimate the number of trips you may take home during
college years. Some colleges allow cars on campus with the additional cost of
2) Type of School: Public schools are generally less expensive
than private schools. However, attending an out-of-state public institution may
be just as expensive as a private school. Tuition charges help pay for the cost
of instruction. Some colleges charge fees in addition to tuition. Check college
websites for information on tuition and fees. All college textbooks must be
purchased. Book costs can add up to several hundred dollars each year. Finding used
textbooks at a campus bookstore can help reduce book costs. Or books may be
rented for the term or in electronic format online. Check each college’s
3) Housing: On-campus housing provides room and board; off
campus living involves budgeting for rent, transportation and food. The cost
for students to live on campus is significantly higher than living at home.
Check college websites for on-campus room and board costs. Personal expenses
must be included in the cost of college. Most costs will depend upon the
student's individual lifestyle. Entertainment and transportation are a few.
Some necessary expenses might include computer, phone, clothing, and personal
4) Length of Time: The longer you attend school, the more it
costs. Try to finish in four years.
Do I qualify for
You must have financial
need to qualify for financial aid. College costs minus your family
contribution equals your financial need. Your Expected Family Contribution (EFC) is determined from the
information you submit on the Free Application for Federal Student Aid (FAFSA).
Some factors involved in estimating family contribution are the income, assets,
and age of your parents, as well as the number of children in the family. You
can estimate your EFC by using the Financial Aid Calculator found at https://bigfuture.collegeboard.org/pay-for-college/paying-your-share/expected-family-contribution-calculator
"No-need" scholarships may
be available at some colleges. After filing the FAFSA, the College Financial
Aid Office will put together a financial aid package. Many private colleges
have money to offer students with financial need.
The FAFSA and Cal Grant
GPA Verification Forms must be completed for students to be eligible for
federal, state, or university grants; scholarships; loans; and work study programs.
Grants, awarded by universities, do not have to be paid back. Scholarships are
awarded in recognition of academic achievement, community service, special
talents and other personal characteristics or financial need. They are
available from universities, community organizations, foundations, corporations
and do not need to be repaid. Work Study enables students to
work on or off campus. The wages for work-study are subsidized by the Federal
or State government or by the university. Loans are available
to students and parents at all family income levels. In addition to these four types of financial
aid, many campuses offer deferred payment plans, which spread payment over time
rather than requiring the full amount at once. Be sure to contact the Financial
Aid Office of each college or university for current information.
Men 18 years or older
must be registered with the selective
service in order to receive federal financial aid. Students may register at
any post office or online at www.sss.gov.
Applications Needed To
Apply For Financial Aid
Free Application for Federal Student
This form is needed to
apply for federal financial aid for all universities and colleges. The filing
period for California is January 1 to March 2. Private universities
may have earlier deadlines. Always check the financial aid instructions for
Apply online at www.fafsa.ed.gov. Print a paper copy of the
FAFSA to use as a worksheet. (Note: Do not use the FAFSA.com site. Use only the FAFSa.ed.gov site FAFSA.com has been
transferred to the US government domain)
This form, in addition
to the FAFSA, is needed to qualify for a Cal Grant, which may be used for
California schools only. The filing period is January 1 to March 2.
Applying for a Cal Grant
Takes Two Steps: FAFSA + Your Verified GPA = a Cal Grant
Application. File your Free Application for Federal Student Aid (FAFSA)
and Cal Grant Grade Point Average (GPA) Verification form by the March 2
deadline for a Cal Grant – that’s money you don’t have to pay back. http://www.csac.ca.gov/pubs/forms/grnt_frm/gpaform.pdf
You must apply by March
2 to maximize your opportunity to receive an award.
If you miss the March 2
Cal Grant deadline AND you plan to attend a community college
in the fall, you have until September 2 to apply. However, the number of September
Cal Grant awards is limited, so apply early.
GPA Verification Form for the 2015-2016 School Year
NEW for 2016: FUSD will electronically
submit GPA verification for all seniors. No need to turn in a form at the
Profile Online at CollegeBoard.com
This form is used to
apply for non-federal financial aid for selected private universities, colleges,
and/or scholarship programs. The schools and programs that use this form are
listed on the College Board website. It is important to check the financial aid instructions provided by each university or
program to determine if you need to use the CSS Profile. To apply for
federal financial aid, the FAFSA will still need to be filed. It is important
to file your CSS Profile as early as possible. https://student.collegeboard.org/css-financial-aid-profile
For Early Decision Applicants, it is recommended
you file the CSS Profile in October.