Paying for College
 

4 Basic Types of
Financial Aid Programs Available

Grants
Federal or state gift assistance
with no obligation for work or repayment
Loans
Providing funds now,
but with a future repayment obligation
Scholarships
Gift assistance with no obligation for work or repayment
 
Work-Study
Student is offered part-time work
while attending the instituti
on
 
 
Financial aid programs provide support for students to help meet the costs of pursuing higher education.  Funding is provided by the federal and state governments, the individual colleges and universities, and a variety of other public and private sources.
 

Two Categories of Financial Aid:

Achievement-basedaid is awarded to students who have a special characteristic, skill, talent, or ability.

-         Scholarships

-         Grants


Need-basedaid
is provided to students who demonstrate financial need. Most financial aid, particularly public-funded aid, is awarded on the basis of financial need determined through the FAFSA application process and in accordance with a prescribed federal formula.

-         Grants

-         Student or Parent Loans

-         Work Study

 
Steps to fin aid
 

Step 1: Turn in your Cal Grant GPA Information Release Form  to the SHS Upstairs Student Services office.

For more information about Cal Grants please visit www.calgrants.org/index.cfm?navId=22.

                       

You can check your status after you submit your FAFSA at the California Student Aid Commission’s WebGrants site at www.webgrants4students.org.

 

Step 2: Find out if you qualify for financial aid – www.federalstudentaid.ed.gov

 

Step 3: Apply for your PIN from the Federal Student Aid at - www.pin.ed.gov

 

Step 4: Beginning January 1, 2013, submit your Free Application for Federal Student Aid (FAFSA) at -
            www.fafsa.ed.gov The state priority deadline to qualify for aid for the2013-2014 academic year 
            is March 2, 2013.

 

Recommended:  Attend a Cash for College event at SHS Jan/Feb 2013 www.calgrants.org

 

Additional Resources:

·        www.californiacolleges.edu/finance/apply-for-financial-aid-fafsa.asp

·        www.csumentor.edu/finaid

·        www.calgrants.org

 
Financial Aid "Cash 4 College" Presentation
2012 FAFSA On the Web PowerPoint Presentation
 
FAFSA Website

www.fafsa.gov
 
FAFSA Forms