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. Resources for Cost Information • California State University Website (http://www.calstate.edu/budget/student-fees/feerates/) • 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 • How Much will it Cost: 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 • • • • California Dream Act Middle Class Scholarship Be aware of our Deadlines Special Circumstances 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: 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 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 • 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 • 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 • • • • 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 Recall the average cost of $15,548 for an at-home student Pell Grant: State Univ Grant: Cal Grant Access SEOG Direct Loan $5,730 $ 201Minimum $5,472 $1,473 Varies by Campus $5,500 Sub & Unsub 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 • • • • 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??? My Information: Rhonda Johnson, Executive Director California State University, East Bay Email: finaid@csueastbay.edu www.calstate.edu