Scholarship Foundation Of Santa Barbara FINANCING YOUR EDUCATION.
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Transcript of Scholarship Foundation Of Santa Barbara FINANCING YOUR EDUCATION.
Scholarship Foundation Of Santa Barbara
FINANCING YOUR EDUCATION
Why go to College?
o Gain new Knowledgeo Broaden your Horizonso Secure a better Futureo Better Job Opportunitieso Earningso Happy!
Attending college is an INVESTMENT. Higher Education is one of the BEST decisions a person can make.
Unemployment Rate (%) Earnings Per Year
$24,492
$33,904
$40,820
$55,432
$67,600
$84,448
12.4
8.3
6.2
4.5
3.5
2.5
2.1 Professional
Doctorate
Masters
Bachelors
Associate
HS Diploma
No HS
US Department of Labor Statistics 2012
Why go to College?
Options:
Pathways to Higher Education
High School
Community College
University
CSU
UC
Private
o 112 Campuseso Cost of Attendance: $6,000-$17,000 per yearo Degrees/Services
o Concurrent Enrollmento Technical or Vocationalo Associate Degrees A.A./A.S.o Transfer Programs
Community Colleges
Philosophy
California State University
Known for teaching strategy to be more “Hands On”. Focus is on Bachelor’s & Master’s degrees with a variety of majors available.
CSUs
o 23 Campuso Cost of Attendance: $24,000-$28,000o Degrees/Services
o Bachelors B.A./B.S.o Masterso Teaching Credentials
oOctober 1 – November 30
California State University
University of California
Philosophy Known for teaching strategy to be Theory-based. Primarily known for research disciplines with grad schools attached either in Business, Law or Medicine
◦ Economics◦ Social Sciences◦ English◦ Pre-Med◦ Pre-Law, etc
UC’so 10 Campus
o 9 for undergrad/transferso Cost of Attendance: $32,00-$38,000
o Degrees/Serviceso Bachelors B.A./B.S.o Masterso Doctorate/Profesional
o August 1 – November 30
University of California
o 70 + Campuso 2 year/4 yearo Cost of Attendance: $45,000-$70,000o Degrees/Services
o Bachelors B.A./B.S.o Masterso Doctorate/Professional
oDeadlines: Varies
Private/Independent
Requirements are similar to that of the UC
System!
Pop QUIZ
True or False: If you get a Bachelor’s degree, you will earn $1.5 million dollars more by the time you retire?
TrueBack
POP QUIZ Question: The number of California State University (CSU) campuses?
a. 10 c. 13
b. 23 d. 33
b.23
Back
Pop Quiz
Question: The number of University of California campuses?
a. 8 c.4
b. 15 d.10
d. 10Back
POP Quiz True or False: You can attend a community college and transfer to a 4-year university, but it will take you a total of 6 years to receive your Bachelor’s Degree.
False
Back
CSS/Financial Aid PROFILEo Application opens:o Oct. 1, 2014
o Apply for nonfederal financial aid from almost 400 colleges
o Application fees:o Initial application + 1 college or program $25o Additional reports $16
COLLEGE BOARD
student.collegeboard.org
Participating Institutions & Programso The following colleges, universities and scholarship programs use PROFILE,
Noncustodial PROFILE, and/or IDOC
COLLEGEBOARD
profileonline.collegeboard.org
COLLEGEBOARD
css.collegeboard.org
CSS/Financial Aid PROFILE
o Most are NOT accredited colleges/universitieso Degrees earned are often not favorable to employerso Units may not transfer to other colleges.o Greater DEBT!!!
“For-Profit” College = Beware
http://www.cbsnews.com/video/watch/?id=6838088n
COST OF ATTENDANCE
INCLUDES ALL DIRECT & INDIRECT COSTS
Community College
CA State University
University of CA
Private
$10,000 $24,000 $32,000 $55,000
COST OF ATTENDANCEUC SANTA BARBARA Undergraduate ON Campus
Residential HallsUndergraduate OFF Campus
Tuition & Fees $13,746 + 126 (Loan Fees) $13,660+ 126 (Loan Fees)
Books And Supplies $1,444 $1,444
Health Care Allowance $2,414 $2,414
Room and Board $13,805 $7,165 + 2,560 (Food)
Personal Expenses $1,789 $1,830
Transportation $853 $1,239
Total $34,177 $30,524
COLLEGE SCORECARD
o Search for colleges o Affordabilityo Value
collegecost.ed.gov
HOW CAN I PAY FOR COLLEGEAPPLY SENIOR YEAR
FINANCIAL AID
Outside Agency
Aid
StateAid
College-Based Aid
FederalAid
STUDENT AID
Federal Aid• Application opens
on:• January 1
• Application deadline:• March 2
fafsa.ed.gov
24
Income
25
Assets
Federal Aid Types
Up to $5,740*
Average$1,200-1,600
Up to $4,000
LOANS
Federal Pell Grant
Work-Study
Federal Supplemental Education Opportunity Grant (FSEOG)
Federal Loans
Federal Aid Available for up to 6 Years.
Federal Pell GrantMaximum Award:
$5,740 yearly
27
Work- Study
Provides a part-time job for students with financial need
Funds are on a first come, first served basis. APPLY TO FAFSA EARLY!!!
On Campus job
28
Federal Student Loans Federal Perkins Loan:5% interest Borrower is NOT responsible for interest while enrolled.
Direct Subsidized Loan: 4.66% interest Borrower is NOT responsible for interest while enrolled.
Direct Unsubsidized Loan:4.66% interest Borrower IS responsible for paying interest while enrolled.
State Aid
STUDENT AID
OR
dream.csac.ca.gov
CA Dream Act - Application
Whose info goes on a FAFSA/CA Dream Act app.?THE FAFSA & CA DREAM ACT APPLICATIONS NOW USE RELATIONSHIP OF PARENT TO STUDENT, VS. LEGAL RELATIONSHIP BETWEEN PARENTS FOR BASIS OF COLLECTING INFO
Relationship of Student to Parent Include ONE OR BOTH PARENTS?
Parents married, living together BOTH
Parents not married, living together BOTH
Parent is widowed, not remarried ONE
Parents are divorced or separated, not living together
ONE (include the parent the student lived with most during the last 12 months. If equal time, include the income from the parent who provided most of the student’s financial support during the last 12 months)
Parent and step-parent, living together BOTH
Legal guardians* NEITHER
Foster Parents* NEITHER
Grandparents, brothers, sisters, uncles, or aunts*
NEITHER
“Parent” means biological/adoptive parent – gender of biological or adoptive parents is not relevant.*Students living with legal guardians, foster parents, or relatives are usually considered to be independent students.
STATE AID: Cal Grants
A
B
C
Cal Grant
3.0
2.0
Vocational/Technical
STUDENT AID
A. $5,472 or $12,192
B. $1,473
C. $ 547 to 2,462
State Aid Available for up to 4 Years.
STUDENT AID
Cal Grants You can receive up to:Cal Grant A3.0 high school GPA required
• $12,192 at UC• $5,970 at CSU• $9,084 at qualifying Private CA colleges • If you attend a California Community College, your
grant is held in reserve until transfer
Cal Grant B2.0 high school GPA required
• $1,473 living allowance for your first year, plus tuition and fee award beyond first year in the same amounts as Cal Grant A
Cal Grant Transfer Entitlement Award2.4 community college GPA requirement
• Same as Cal Grant A or Cal Grant B
Cal Grant C
STUDENT AID
Student’s can receive up to:
• $547 for books, tools, and equipment for a technical or career education.
• $2,462 for tuition (if not attending a California Community College)
Webgrants
STUDENT AID
• Check the status of your state aid including your Cal Grant
• Make changes to your school• Leave of Absence• Update your information
webgrants4students.org
Middle Class Scholarship
STUDENT AID
Who Qualifies:• New, transfer and returning undergraduate students• Family income up to $150,000 who may not qualify for the Pell
Grant
How much:• Students whose families earn up to $100,000/yr. are eligible for
up to a 40% tuition/fee discount
College/Institutional Aid
STUDENT AID
Blue and Gold Opportunity Plan
STUDENT AID
Who Qualifies:• US Citizens, Permanent Residents &
AB 540 eligible students• Family income up to $80,000
Cover what Expenses:• UC’s system wide tuition and fees $12,192
Community College BOG=Board of Governor's Fee Waiver Covers Tuition for students go qualify.
Outside Agency: SCHOLARSHIPS College and Career center
◦ There’s a list of scholarships
WHAT THEY LOOK AT:◦ Grades◦ Challenging courses: Honors, AP, and
college classes through COLLEGE NOW
◦ Club involvement◦ Community Service◦ Part-time Job◦ Sports◦ Leadership Roles/Initiative◦ Your background
STUDENT AID
Scholarship Foundation of Santa Barbara
STUDENT AID
• General Scholarship & Loan Program
sbcholarship.org
Scholarship Foundation of SB
STUDENT AID
• Student must attend at least 4 years between grades 7-12 in a SB County school
• Attend college or university full-time.• US Citizen, Permanent Resident, AB540 Eligible
students
DON’T FORGET…
You must RE-apply
every year!
TIPS◦Follow-up with the Financial Aid Office◦Check deadlines◦Ask for letters of Recommendation RIGHT NOW!◦Ask for Help when you need it!◦Don’t PROCRASTINATE!!!
Stay connected
Pop Quiz Question: When is the FAFSA/CA Dream Act application available?
a. January 1b. January 31c. January 2 d. March 2
a. January 1
Pop Quiz When could you apply to the Scholarship Foundation of Santa Barbara?
a. Your senior year only c. Freshman year in college
b. All the years in college only d. Senior year through College
d. Senior year through College
Back
Pop Quiz What is minimum Grade Point Average to apply to the Scholarship Foundation?
A. 2.8
B. 3.0
C. 3.5
D. 2.0
d. 2.0
Pop QUIZ Question: What is the average scholarship amount from the SFSB for a student going to a 4 year university?
a. $1,500-$2,000 c. $2,700-$5,000b. $1,000-$3,000 d. $2,800-$3,500
C. $2,700-$5,000
Pop Quiz Question: How much money did the Scholarship Foundation award in Student Aid?
a. $2 million c. $5.2 million
b. $7.5 million d. $ 8.6 million
d. $8.6 million
Back
Pop Quiz True or False: The General Eligibility for The Scholarship Foundation of Santa Barbara are applicants must:
-U.S citizen, Permanent resident, or AB540
-attended at least 4 of the six years in grades 7-12 at a Santa Barbara school
-attend college full-time
TRUEBack
QUESTIONS ??? FREE Financial Aid Advising!
Scholarship Foundation of Santa Barbara
120 E Jones Street Ste. 100 Santa Maria, CA 93454 (805) 687-6065
Contact the Financial Aid Office!
