A
How should a grant best be described?
as free money that you generally dont have to pay back
What is the name of the application you apply to every year that checks your eligibility for financial support?
FAFSA (Free application for federal student aid)
Loans
Do you only need to apply to FAFSA once to cover your whole college career?
no, you need to apply every year you attend college
If you are a citizen and have a social security number, would you be filling out the FAFSA or California Dream act (CADA)?
FAFSA
Name the three types of CalGrant
Tuition, room and board, books and school supplies, fees, equipment & room material, travel
If you are undocumented or a DACA recipient, what form do you fill out instead of FAFSA?
CADA California Dream Act
What is the name of the financial support that allows you to work part time on campus.
Work study
What does Estimated Family Contribution (EFC) mean?
The amount of money your family is estimated to be able to contribute to you college needs based on their income and family size.
If you are lower income, will your EFC (estimated family income) be closer or further to 0?
Closer. Depending on how low income you are, you can even have an EFC of 0 which means you can get more financial aid
Name at least one type of grant you could be eligible to receive when you apply to FAFSA?
Pell grant, Cal grant, university grant, Chafee grant...ect
What kind of student is eligible for a chafee grant
a former or current foster youth student
Can you have poor grades and still receive these financial supports ?
When does the FAFSA application open?
Oct 1st
What are the two types of Loans?
Subsidized and unsubsidized
Can you work as much as you want on work study?
no, its part time and you can only work up to the amount of your Federal Work-Study award
Will a job with work study work around your school schedule as much as they can?
yes
What if you're not low income? What kind of scholarship can get when you apply to FAFSA?
Middle class scholarship
Is work study available to part time students?
yes, to both full-time and part-time students
What is the name of the loan that starts accumulating interest 6 months after you graduate?
Subsidized
Name all 4 grants discussed in the powerpoint that you could be eligible for when you apply to FAFSA?
Pell grant, Cal grant, university grant, Chafee grant
What is the name of the type of loan that starts accumulating interest right when you claim the loan?
Unsubsidized loan
What are the types of financial aid the FAFSA can give you? Name all of them we talked about today. Hint: 4
loans, grants, scholarship, work study
When does FAFSA close?
March 2nd