Financial Aid
CSU HS Counselor
2007
1
What does it cost?
2013-14 Cost of Attendance* (9 months)
At Home
On Campus
Off Campus
Fees
Books/Supp
Room/Board
$6,633
$1,682
$4,453
$6,633
$1,682
$11,648
$6,633
$1,682
$11,798
Trans
Personal
TOTAL
$1,353
$1,338
$15,548
$1,188
$1,338
$22,488
$1,390
$1,338
$22,840
* Systemwide averages, actual amounts will vary by
CSU campus.
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
Financial Aid & Transfer Students
• Cal Grant B received at CC counts towards 4year Cal Grant eligibility
• Units attempted at CC may affect Satisfactory
Academic Progress at a 4-year school
• Regardless if aid was received or not
• Units earned at CC affect SUG eligibility at a
CSU
• Regardless if aid was received or not
Financial Aid & Transfer Students
• Pell Lifetime Eligibility Used (LEU): 6 years
• Pell received while at a CC will reduce remaining Pell eligibility
at a 4-year school
• Subsidized Loan Lifetime Eligibility
• First time borrowers as of July 1, 2013
• 6-year limit on Subsidized Loans
• Borrowing at a CC may affect eligibility for
Subsidized loan at a 4-year
Hot Topics
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California Dream Act
Middle Class Scholarship
Application Changes
Special Circumstances
Verification
NEW: Dream Application
Students without lawful immigration status, who qualify for an AB540
nonresident tuition exemption:
1. Dream Application is completed instead of FAFSA (www.caldreamact.org)
2. Used to determine eligibility for state and institutional need based
scholarships and grants
3. Cal Grant GPA verification is still required, in addition to the Dream
Application, for Cal Grant consideration
4. Some campuses may also have a separate institutional scholarship
application that must be filed in addition to the DREAM and FAFSA
applications
5. 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
• 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: Dream Application
• DACA: Deferred Action for Childhood Arrivals
• Discretionary determination, by the Federal
Government, to defer the removal action an
individual
• Deferred action does not provide an individual
with lawful status
• Assigned Social Security number for ‘Work Purposes’
only
New: Dream
• Deferred Action Status
• Should still complete the California Dream
Application
• Not all deferred action students will qualify for
AB540 status
• AB540 is a California specific statute
New: Middle Class Scholarship
• Available beginning 2014-15 academic school
year
• State scholarship for students with family income
under $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 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
New: Application Changes
• IRS Data Retrieval tool
• FAFSA online
• Federal Income Tax returns must be filed to use
the IRS data retrieval tool
• 1 to 2 weeks after e-file
• 6 to 8 weeks after paper filing
• Not all online filers will qualify to use the IRS Data
Retrieval Tool
New: Application Changes
• IRS Data Retrieval Tool
• Students should NOT wait to file the FAFSA
until after the parents file their taxes
• Use estimates of income and taxes to file
FAFSA early
• Update the FAFSA using the IRS Data
Retrieval Tool AFTER parents/student file
taxes
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
• 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 Circumstances
• Death of a Parent
• Parent/Student Loss of Employment
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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
Verification
• Students selected to submit documents to “verify”
information reported on their aid application
• Students are notified, usually via email, of a
document submission deadline
• Typical documents requested:
• Tax Transcript
• Household worksheet
• Proof of Citizenship and/or US Residency Status
Verification
• Failure to submit documents on time may:
• Cause a delay in processing of the student’s
award
• Result in a student being “dropped” from courses
• Missing out on aid that has limited funding
• Know a student that can’t turn something in due to a
“special circumstance?”
• Refer the student to the financial aid office
Helpful Websites
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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/
Questions???
www.calstate.edu