For information regarding college:
Financial Aid Information:
A number of grants, scholarships, and loans will be available to our seniors through federal, state, and local agencies. Made available to seniors through classroom presentations and in the Career Center scholarship file. Seniors will complete the FAFSA (Free Application for Federal Student Aid) with assistance of our Guidance Councelor. Seniors will then be expected to take the forms home, complete the financial portions with parent assistance, and mail the form in before March 2nd.
FINANCIAL AID INFORMATION FOR SENIORS AND PARENTS:
Grants: Money that is not repaid.
Loans: Money that is to be repaid.
Work: Money that is earned.
Scholarships: Money that is a gift.
HOW TO APPLY FOR FINANCIAL AID:
To apply for Federal and State Financial Aid, complete a Free Application for Federal Student Aid (FAFSA). If you have Internet access, you can file a FAFSA at: http://www.fafsa.ed.gov
TYPES OF FINANCIAL AID AVAILABLE:
FEDERAL AID (Available at colleges nationwide)
Federal PELL GRANT:
Awards for full-time students range from $400 to $3300 for the academic year.
Federal Supplemental Educational Grant (SEOG):
Amounts vary at each institution from $100 to $4000 depending on the student’s
eligibility and the school’s funding. Limited funding – first come, first served.
Federal Work Study:
On campus or community service jobs. Awards are based on student’s need and
the school’s funding. Students usually earn minimum wage and work between
10-15 hours per week.
Federal Perkins Loan:
Low interest rate of 5%. Limited funding. Repayment begins 9 months after
last day of college enrollment. Some colleges do not participate in the Perkins
Federal Family Education Loan Program:
Federal Stafford Loans
Federal PLUS Loans (Parent Loan)
Funding is from banks or other lending agencies.
STATE AID (California residents attending California schools)
Extended Opportunity Programs & Services (EOP&S):
For economically and educationally disadvantaged students.
Provides grants, counseling and other educational services.
Cooperative Agencies & Resources for Education (CARE):
For students who are single parents on AFDC/TANF to cover child care costs.
Amounts vary based on actual expenses.
In addition to the FAFSA, a GPA verification form is required for new applicants.
These forms are sent electronically by the Guidance Office before the due date.
Both forms must be postmarked no later than March 2 to be considered
for a new award. New Cal Grants are awarded by the California Student Aid
Commission. Renewal awardsare determined by college. With new Cal
Grant expansion, there are now two Cal Grant A awards:
Entitlement and Competitive – and two Cal Grant B awards: Entitlement
and Competitive. Those students who do not receive a guaranteed Cal Grant A
or B Entitlement award may compete for one of 22,500 Competitive grants.
CAL GRANT A
Eligibility based on financial need and GPA of at least 3.0 for students attending 4 year or tuition/fee charging schools. No funds for Community College students. Annual award amounts cannot exceed actual tuition charged.
CAL GRANT B
Awarded to economically and educationally disadvantaged students attending a Community College or a 4 year school with at least a 2.0 GPA. Awards are $1410 per year for full-time students.
CAL GRANT C
Awarded to low and middle income students enrolled in a vocational program of study that is 2 years or less. Awards range from $576 at Community Colleges to $2592 for tuition/fee charging schools. Board of Governor’s Waiver (BOGW) For California Community Colleges only. Eligibility is determined from the FAFSA or by completing a separate BOGW application. The BOGW waives the fees required to register in classes.
The amount and types of aid offered are based upon the school’s cost of attendance minus the Expected Family Contribution (EFC) which is determined from information submitted on the FAFSA. If you have any questions or need any help completing your FAFSA contact Mr. Ferguson at 762-5121, ext. 2507 or E-mail: firstname.lastname@example.org. A good internet information source is the California Student Aid Commission Online at http://www.csac.ca.gov/.