FAFSA
What does FAFSA stand for?
Free Application For Federal Student Aid
This resource is offered by places all around you. Businesses, non-profit organizations, schools, individuals, and others might have applications for these!
SCHOLARSHIPS!!!
A type of financial aid which must be repaid with/without interest.
Loans
If a student lives with both biological parents but they are not married. Who is the contributor?
Both.
What source of aid allows you to earn additional income without being taxed from federal and state?
Federal Work-Study
Which type of loan has a lower interest rate and is paid by the government while the student is in school?
Does a student's parent have to create a new FSA ID if their older sibling has applied to FAFSA before?
No
What does CADAA stand for?
California Dream Act Application
What is the deadline for FAFSA/CADAA?
March 2nd
What is the GPA requirement for Cal Grant A and Cal Grant B?
Cal Grant A has a 3.0 minimum GPA requirement.
Cal Grant B has a 2.0 minimum GPA requirement.
If a student has a work visa, which application will they fill out for financial aid?
CADAA (California Dream Act)
Who should apply for CADAA?
Undocumented students, including those with DACA, U-Visa, and TSP or those who meet specific California Residency requirements but are not U.S citizens or permanent residents.
What is the deadline to apply for State Aid, AKA Cal Grant?
March 2nd
What is a Chafee Grant?
This type of grant is awarded to students who are foster youth or are orphans, with a maximum of $5000 per year.
If a student lives with a non-legal guardian and their parents live in a foreign country, who is the contributor?
The student is considered independent and does not need additional contributors.
How does FAFSA determine how much aid a student will receive?
SAI (Student Aid Index)
What is the name of the grant typically awarded to students by the institution?
State University Grant
What is the maximum award amount for Pell Grant
$7,395
If a student's parents have a high income, should the student still apply for financial aid?
Yes, because they could be eligible for the Middle-class scholarship and loans.