AVID Region VIII • COMMUNITY COLLEGES – Approximately $ 4,000 to $ 15,000 • CALIFORNIA STATE UNIVERSITY – Approximately $ 13,000 to $ 17,000 • UNIVERSITY of CALIFORNIA – Approximately $ 17,000 to $ 21,000 • PRIVATE COLLEGES – Range from $ 18,000 to $ 48,000 2 COST OF ATTENDANCE – (COA) - EXPECTED FAMILY CONTRIBUTION (EFC) = FINANCIAL NEED (eligibility) The college will attempt to offer FINANCIAL AID to meet your calculated FINANCIAL NEED 3 UC CSU Private CC Budget 20,000 13,000 35,000 10,000 EFC 5,000 5,000 5,000 5,000 Financial 15,000 8,000 30,000 5,000 Need 4 GIFTED AID • Scholarships • Grants SELF HELP AID • Work Study Program • Loans Subsidized Non-subsidized 5 6 7 •PELL Grant BASED ON: Cost of Attendance – COA Expected Family Contribution – EFC Enrollment status •FSEOG – Federal Supplemental Educational Opportunity Grant Campus Based Aid Priority – Exceptional Financial Need 8 •Federal ACG Grant Academic Competitive Grant Year One - $ 750.00 Year Two - $ 1,300.00 •Federal SMART Grant Science and Math Access to Retain Talent Up to $ 4,000.00 for 3rd and 4th years only 9 10 • California resident • US Citizen or eligible non-citizen • Meet US Selective Service requirements • California colleges only • At least half-time enrollment • Maintain satisfactory academic progress • Family income and asset limitations 11 Based On – Student educational goals – Unweighted GPA in 10th and 11th grade – Income criteria – Community College Transfer – Vocational Programs 12 • Cal Grant A • Four year colleges • 3.0 GPA • Cal Grant B • Two year colleges • 2.0 GPA • Cal Grant C • Trade and Vocational Schools 13 Getting Ready . . . • Student driver‟s license • Student Alien Registration card • Student and Parent – Social Security cards – 2006 W-2 forms and other records of money earned – Records of untaxed income – Current bank statements – Business, farm and other real estate records – Records of stocks, bonds and other investments 14 Staying Organized . . . • Create a file • Keep copies of all documents and records used to complete the FAFSA • Keep copies of all applications and forms submitted 15 Getting Started . . . • Read all application instructions • If planning to submit paper FAFSA – Use pen with black ink – Print clearly in CAPITAL letters 15 ELM ST – Fill in ovals completely – Do not leave blanks (unless directed to) – Do not write comments anywhere on form – Do not use correction fluid 16 The FAFSA A Seven-Step Process STEPTHREE FOUR STEP SEVEN STEP FIVE STEPONE SIX STEP TWO Requiresstudent dependency for forthe studentinformation status AsksforIssignatures andlist schools Allows student income Is for Determines about the students only Asks independent to and date assets parental student for the dependent students Certification Statement 17 Step One #1-3 Name JONE S SU S A N L #8 Social Security Number 1 23 45 6789 – List the student‟s name and Social Security number exactly as they appear on the Social Security card both will be compared through a database match process 18 #9 Date of Birth 02 0 9 88 - Be careful not to write the current year for student’s date of birth 19 #13 Email Address S J ONE S YA HOO . COM – FAFSA information will be sent through a secure link on the internet if an email address is given – Leave blank if preference is to receive information through regular mail 20 #14 Citizenship Status a. If U.S. citizen, status will be confirmed by Social Security match b. If eligible noncitizen, status will be confirmed by Department of Homeland Security (DHS) match. This includes: • U.S. permanent residents with I-551 • Conditional permanent residents with I-551C • Eligible non-citizens with I-94 21 #15 Alien Registration Number 01 2345678 – If eligible noncitizen, write in the student‟s eight- or nine-digit Alien Registration Number (ARN) • Precede an eight-digit ARN with a zero • Copy of Alien Registration card might be requested by the financial aid office 22 #14 Citizenship Status (cont.) c. If neither A nor B, student is not eligible for federal aid or California Cal Grant programs, but might still be eligible for college or outside aid 23 #18 Student’s State of Legal Residence CA – Residency relates to the student‟s permanent home state • If the student is dependent, the state of legal residence is usually the state in which the custodial parents live – State of legal residence is also used • In the Expected Family Contribution (EFC) to determine the appropriate allowance for state and other taxes paid by all state residents • To determine eligibility for some state grants 24 #21-22 Selective Service Registration – Male students who are 18 years of age or older must be registered with Selective Service to receive federal and state aid #22 – Answer “yes” only if the student is male, aged 18-25, and has not yet registered. The student may also register by going to www.sss.gov 25 #23 Degree Objective 1 – Indicate the student‟s most immediate degree or certificate objective for 2007-08 #24 Grade Level 0 – Indicate the student’s grade level beginning with the 2007-08 school year 26 #25 Enrollment Status for 2007-08 – Provide information about the college the student is most likely to attend • Enter 1 for full time • Enter 2 for three-quarter time • Enter 3 for half time • Enter 4 for less than half time • Enter 5 for don‟t know – If unsure, report full time 27 #26 Interest in Types of Aid – Indicating interest in either work-study or student loans does not obligate the student to borrow or to work, nor will it cause the student to lose grants and scholarships • Enter 1 for work-study • Enter 2 for student loans • Enter 3 both work-study and student loans • Enter 4 for neither • Enter 5 for don‟t know 28 #27 High School Diploma or GED? – Requirement to receive federal and state aid – Home schooling may fulfill requirement #28 First Bachelor’s Degree? – If high school senior, the answer is „NO‟ 29 #29-30 Parents’ Educational Level – Some states and colleges offer aid based on the level of schooling parents completed – Indicate highest level of schooling completed by biological or adoptive parents • Definition of parents is unique for these two questions • Do not use stepparents, legal guardians, grandparents, or foster parents 30 #31 Drug Conviction Question DO NOT SKIP THIS QUESTION – Answer “NO” if • Offense did not occur during period for which student was receiving federal financial aid • Conviction was for alcohol or tobacco • Conviction was removed from record or occurred before age 18 (unless tried as an adult) 31 Step Two #32-45 Student Income and Assets – Questions are identical to those in the parents‟ income and asset section of Step Four. In Step Two • Report the student‟s 2006 income and current assets • If student is single, ignore references to “spouse” • If student is married, report spouse‟s income and assets • Complete Worksheets A, B, and C for the student on Page 9 32 #46-47 Veterans’ Education Benefits – If student is eligible for veterans‟ education benefits, report monthly amount expected (if not applicable, answer zero) – Number of months should equal number of months attending school (if not applicable, answer zero) – For more information, contact the VA at • 800.827.1000 or www.va.gov 33 Step Three #48-55 Dependency Status – If the student answered “Yes” to any If the student answered “No” to all questions – question in this step, skip Step Four and go in to step, go onthisStep Five to Step Four • For FAFSA filing purposes, the student is • For FAFSA filing purposes, the student is considered a dependent student and is considered an independent student and not required to provide parental information required to give parental information 34 Step Four #56-86 Parent Information • See Page 7 of FAFSA instructions about who is considered a parent – Biological or adoptive parent(s) – Stepparent • Regardless of any prenuptial agreements 35 ̶ Step Four Divorced or separated Parent Information (cont.) Give answers about the parent the student lived with most during the past 12 months If the student did not live with one parent more than another, • give answers about the parentto each other financial Living and married who provided more support during the past 12 months, or during the most recent year– Answer questions received support that the student actually about both parents If this parent remarried as of today, give answers on the rest • of the form about that parent and the person whom the parent Widowed or single married (the stepparent) The – Answer questions about tax purposes has no parent who claimed the student for that parent bearing as to which parent provides the parental data • Divorced or separated – It depends . . . 36 Step Four Parent Information (cont.) • Do not provide information on – Foster parent(s) • Student is automatically considered an independent student – Grandparents, other relatives or legal guardian(s) • Student must attempt to get biological parental information • Colleges may use Professional Judgment to allow the student to file as an independent student 37 #56 Parents’ Marital Status #57 Date of Parents’ Marital Status – Month and year parents were married, separated, divorced or widowed 38 #58-65 Parent SSN, Name and DOB – Information should be provided for the parents who are required to report information in Step Four • Social Security Number (SSN), last name and first initial should be listed as they appear on the parent‟s Social Security card • If parent does not have a SSN, enter 000-00-0000 39 #66 Parent Household Information – Include in parents‟ household • Student applying for financial aid • Custodial parent(s) • Parents‟ other dependent children, if parents provide more than half their support of the children that could answer “No” to every question in Step Three, regardless of where they live • Other people, if they now live with parents, and if parents provide more than half of their support, and will continue to provide that level of support from 7/1/07 through 6/30/08 40 #67 Family Members Attending College – Always include the student even if he/she will attend college less than half time in 2007-08 – Include other household members from #65 only if they will attend at least half time in 2007-2008 in a program that leads to a college degree or certificate – Always exclude parents NOTE: Some financial aid offices will require proof that other family members are attending college 41 #68-70 Parents’ State of Legal Residence CA – Question #68: Indicate the two-digit state code for parents‟ current state of residence 052003 – If the answer to #69 is “No”, in Question #70, provide the month and year legal residency began for the parent who has lived in the state the longest 42 #71-75 Federal Benefit Programs – Mark an oval for each federal benefit program the student, parents, or anyone in the parents‟ household received benefits from at any time during 2006 • Supplemental Social Security Income Program (SSI) • Food Stamp Program • Free or Reduced Price School Lunch Program • Temporary Assistance for Needy Families (TANF) • Special Supplemental Nutrition Program for Women, Infants, and Children (WIC) 43 Step Four Parent Income and Assets - General If the answer to any question is zero or the question does not apply, enter 0: $ , 0 Report whole dollar figures: $ 12 ,356 (no cents) Recommendation: If parents have not filed their 2006 federal tax return, they should use W-2 forms and/or other employment records to estimate total 44 income #76-78 Parent Tax Return Filing Status #76 – Indicate parents‟ 2006 tax filing status #77 – Which tax return did or will parent(s) file for 2006? #78 – Even if parent(s) did not file a 1040A or 1040EZ, read the instructions to see if they would have been eligible to do so (page 6) 45 #79-81 Parent Income and Tax Info – If parents have not yet filed their 2006 federal tax return, it is okay to estimate information for these questions – If parents have completed their 2006 federal tax return, they should use 2006 tax return information to fill out questions #79-81 • Specific line-items are requested from the 1040 – If the answer is zero or the question does not apply, enter zero 46 #82-83 Wages Earned from Work by Parent(s) – This figure may be different than the adjusted gross income figure on the parent tax return – Use W-2 forms and other records to list all income in 2006 earned from work • Include income earned from self-employment 47 #84 Worksheet A: Untaxed Income & Benefits For question 84 1300 84 1300 – Carefully complete the right column of Worksheet A (page 9 of instructions) Note: Students should keep a copy of the worksheet because the financial aid office may request a copy 48 #85 Worksheet B: Untaxed Income & Benefits For question 85 1800 5100 800 7700 49 85 #86 Worksheet C: Income Exclusions For question 86 86 0 Totals from Worksheets A, B, and C should be entered in Questions 84, 85, and 86 on Page 3 of the FAFSA 1 300 7 700 50 0 Step Four #87 Parent Asset Information – List the net value of parent assets as of the day the FAFSA is completed – If net worth is one million dollars or more, enter $999 ,999 – If net worth is zero, enter 0 (do not leave blank) $ , 0 NOTE: Some financial aid offices may request supporting documentation for the answers to these questions 51 Step Four #88-89 Parent Asset Information (cont.) 2 000 0 – Net worth means current value minus debt • If net worth is negative, enter zero – Investments include: • Real estate (do not include the home you live in) • Trust funds • Money market / mutual funds • Certificates of deposit • Stock options & stocks • Coverdell IRA‟s • Refund value of 529 state prepaid tuition plans 52 Step Four #88-89 Parent Asset Information (cont.) 2 000 0 – Business and/or investment farm includes: • Market value of land, buildings, machinery, equipment, inventory, etc. – Only debts for which the business was used as collateral – Do not include the value of a small business that parents own and control that has 100 or fewer full-time employees (or full-time equivalent) 53 Step Five-Independent Students Only #90 Household Information Complete this step only if the student answered “Yes” to any Step Three questions (48-55) Include in the student household ̶ The student (and spouse if applicable) ̶ Student’s children if the student will provide more than half their support ̶ Other people, if they now live with the student and they provide more than half their support, and will continue to provide that level of support from July 1, 2007 through June 30, 2008 54 Step Five - #91 Family Members Attending College Always count yourself (the student) Include others if they will attend at least half- time in 2007-2008, in a program leading to a college degree or certificate 55 Step Five #92-96 Federal Benefit Programs – Mark an oval for each federal benefit program that you or anyone in the household who received benefits any time during 2006 • Supplemental Social Security Income Program (SSI) • Food Stamp Program • Free or Reduced Price School Lunch Program • Temporary Assistance for Needy Families (TANF) • Special Supplemental Nutrition Program for Women, Infants, and Children (WIC) 56 Step Six #97a-97g School Information (cont.) Student may list up to four schools For more accurate processing, write both the school name and Title IV school code – Check with each college‟s financial aid office, high school counselor, or U.S. Department of Education‟s website (www.fafsa.ed.gov) for a listing of federal school codes Select the housing plan that best describes student expectations while attending each listed school 57 Step Six #97a-97g School Information CA INDEPENDENT UNIVERSITY 0 0 1 2 3 4 C A COMMUNITY COLLEGE ABC 0 0 1 2 3 4 C A CAL STATE UNIVERSITY 0 0 1 2 3 4 C A UNIVERSITY OF ARIZONA 0 0 1 2 3 4 A Z 58 Step Six School Information (cont.) Strategies for Listing Colleges In Questions #97a-97g, for Cal Grant consideration, list the most expensive California school to which the student is applying List those schools with the earliest financial aid deadlines, regardless of whether they are in-state or out-of-state If the student is applying to more than four schools, wait for the processed SAR and add additional schools via the Web or by phone 59 #98-99 Read, Sign, and Date 0 1 1 5 Student Signature Parent Signature – Read the statement in Step Seven before submitting the FAFSA – Fill in the date the student and parent completed the FAFSA – Student and at least one parent must sign the FAFSA – If submitting FAFSA on the Web, the student and at least one parent must provide their own individual PINs – Be cautious about paying someone to complete the FAFSA – FREE ASSISTANCE IS AVAILABLE! 60 FAFSA ON THE WEB • Internet application used by students and parents to complete electronic FAFSA at – www.fafsa.ed.gov • Processed more quickly than paper version • Sophisticated on-line edits so that errors are less likely to be made • Student and at least one custodial parent should get a federal PIN at – www.pin.ed.gov 61 Application Filing Tips FAFSA on The Web • Gather necessary documents ahead of time • Complete a FAFSA on the Web Worksheet available at www.fafsa.ed.gov • Allow ample time to complete form for submission by deadline • Check the FAFSA for accuracy prior to submission 62 Application Filing Tips FAFSA on The Web (cont.) • Save all work periodically • Sign the application using student and at least one parent‟s PIN • Print out a copy of the FAFSA before submitting data • Keep a copy of the Submission Confirmation Page 63 Application Filing Tips Paper FAFSA • File early and meet all deadlines • Check the FAFSA for completeness and accuracy • Sign and date FAFSA • Make a copy of the FAFSA before mailing 64 Application Filing Tips Paper FAFSA • Mail the FAFSA and stamped self-addressed postcard in the envelope provided – Do not write any comments on the FAFSA – Do not include letters, tax forms, or worksheets – Use regular mail (not Registered or Certified) • Obtain a U.S. Postal Service Certificate of Mailing (cost is only $0.90) 65 Questions?
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