Miscellaneous
Financial Aid Terms
Cal Grant
Financial
Aid Package
Other
100
This process explains the differences between loan types, how interest is assessed and the general terms of a federal loan.
What is loan entrance counseling?
100
The name of the financial aid application.
What is a FAFSA?
100

How many kinds of Cal Grants are there?

3  different kinds. A, B, & C. 
100
Two copies of this are sent to new students after they file their FAFSA to indicate what types of financial aid they will receive.
What is an award letter?
100

October 1st.

When does the FAFSA online application become available?

200
A change in a student's household (divorce, separation, death, loss of employment, etc.) or enrollment status.
What are some reasons for a student to contact the Financial Aid Office?
200
Subsidized and Unsubsidized are examples of this type of aid.
What are federal loans?
200

What does the Cal Grant A pays for

Tuition & Fees at Four Year Colleges

200
Tuition, fees, books and supplies and loan fees are considered in this figure.
What is Cost of Attendance?
200

The cost of classes in College?

Tuition

300
Is used to sign the FAFSA and/or an electronic master promissory note.
What is the purpose of a federal pin number?
300
Students who receive this type of aid can work jobs both on and off-campus for extra money.
What is Federal Work Study?
300

What is the Cal Grant?

A state program that provides Free Money to California Students for college or career education. 

300
A student's EFC, Program of Study, Enrollment Status and transcripts.
What is used to determine a student's financial aid awards?
300

This is available to students whose aid exceeded their overall Cost of Attendance and book voucher. (In the fall it is ready in late October/early November and in the spring in late March/early April.)

What is a refund check?

400
By signing an award letter or using my student portal.
How do I accept or decline my financial aid awards?
400
Pell, TAP and SEOG are examples of this type of aid.
What are grants?
400

What are the two ways to apply for the Cal Grant?

FAFSA &  CADAA (California Dream Act Application)

400
This sheet lists a student's estimated "Cost of Attendance" and a breakdown of what awards the student will be receiving.
What is a "Cost Analysis Worksheet"?
400

Another name for the cost of housing & meals

Room & Board

500
Loans need to be paid back, grants do not.
What is the difference between grants and loans?
500
This number is generated by the tax and income information a student enters on the FAFSA and ultimately decides what types of aid they are eligible for.
What is an EFC (or Estimated Family Contribution)?
500

What are the eligibility requirements for each Cal Grant A, B, C?

A - At least a 3.0

B - At least a 2.0

C - No GPA Requirement

500
Directions on how to complete loan entrance counseling and an electronic master promissory note can be found on the second page of this.
What is the "Understanding Your Financial Aid Award Letter" handout?
500

When you finish your FAFSA you will receive this report. What is the name of the report?

Student Aid Report

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