PRESENTED BY Bright Prospect FINANCIAL AID FINANCIAL AIDWORKSHOP.

PRESENTED BYPRESENTED BYBright ProspectBright Prospect

FINANCIAL AID FINANCIAL AID WORKSHOPWORKSHOP

AGENDAAGENDA

Welcome and Welcome and

Introductions Introductions

Paying for College Paying for College

Types of CollegesTypes of Colleges

Addressing Your Addressing Your

QuestionsQuestions

WHAT HAS YOUR SON/DAUGHTER WHAT HAS YOUR SON/DAUGHTER COMPLETEDCOMPLETED? ?

Personal Statement, EssaysPersonal Statement, Essays

Cal State University ApplicationsCal State University Applications

University of California ApplicationsUniversity of California Applications

Common Application for Private Colleges Common Application for Private Colleges

IN THE IN THE FUTUREFUTURE::

Financial Aid Forms: FAFSA and CSS ProfileFinancial Aid Forms: FAFSA and CSS Profile

Community College ApplicationsCommunity College Applications

Visiting Colleges in SpringVisiting Colleges in Spring

Selecting a College by May 1Selecting a College by May 1stst, 2012, 2012

HOW AM I GOING TO PAY FOR COLLEGE? HOW AM I GOING TO PAY FOR COLLEGE?

When you have the right information, the college process is MUCH EASIER!

2 KEY FACTORS THAT DETERMINE A FINANCIAL AID AWARD

FAMILY INCOMEFAMILY INCOME

GRADESGRADES

Will my son/daughter be eligible for student loans? If he/she is eligible, will I have to take out

student loans to pay for college?

When do I repay the loan?

Will the payment be high?

Who is responsible for the loans, the student or the parents?

RETAIL VALUE RETAIL VALUE $$25,00025,000

STUDENT LOAN TERMSSTUDENT LOAN TERMS VS.VS. CAR LOAN TERMSCAR LOAN TERMS

CALIFORNIA STATE UNIVERSITY CALIFORNIA STATE UNIVERSITY (CSU)(CSU)

NORTHERNNORTHERN

HUMBOLDT HUMBOLDT CHICOCHICO

SACRAMENTOSACRAMENTO SONOMASONOMA

MARITIMEMARITIME SAN SAN FRANCISCOFRANCISCO

EAST BAYEAST BAYSTANISLAUSSTANISLAUS

SAN JOSESAN JOSE

CENTRALCENTRAL

MONTEREY BAYMONTEREY BAY FRESNOFRESNO

BAKERSFIELDBAKERSFIELD SAN LUIS SAN LUIS OBISPOOBISPO

SOUTHERNSOUTHERN

CHANNEL ISLANDSCHANNEL ISLANDSNORTHRIDGENORTHRIDGE

LOS ANGELESLOS ANGELES DOMINGUEZ DOMINGUEZ HILLSHILLS

LONG BEACHLONG BEACH FULLERTONFULLERTON

POMONA POMONA SAN SAN BERNARDINOBERNARDINO

SAN MARCOSSAN MARCOS SAN DIEGOSAN DIEGO

2323

PROFILEPROFILE

PabloPablo

GANESHA HIGH SCHOOLGANESHA HIGH SCHOOL

G.P.A. 3.0G.P.A. 3.0

Family IncomeFamily IncomeUnderUnder $50,000$50,000

College College Cal Poly Pomona Cal Poly Pomona

COST OF ATTENDANCE COST OF ATTENDANCE (-)(-)

Tuition & FeesTuition & Fees $6,129$6,129

Room & BoardRoom & Board $0$0

BooksBooks:: $1,000$1,000

Total (A): Total (A): $7,129$7,129

FINANCIAL AID AWARD FINANCIAL AID AWARD (+)(+)

Grants & Scholarships: Grants & Scholarships: $8,573$8,573

Work Study: Work Study: $0$0

LoansLoans $0 $0

Total (B):Total (B): $$8,5738,573

PARENT CONTRIBUTION: PARENT CONTRIBUTION:

$$00

STUDENT CONTRIBUTIONSTUDENT CONTRIBUTION: :

$$0 x 4 years=00 x 4 years=0

COST OF ATTENDANCE COST OF ATTENDANCE — — FINANCIALFINANCIAL AID AID

AWARDAWARD== $1,444$1,444

UNIVERSITY OF CALIFORNIA UNIVERSITY OF CALIFORNIA (UC)(UC)

NORTHERN NORTHERN

DAVISDAVIS

BERKELEYBERKELEY

SAN FRANCISCOSAN FRANCISCO

CENTRALCENTRAL

SANTA CRUZSANTA CRUZ

MERCEDMERCED

SOUTHERNSOUTHERN

SANTA BARBARASANTA BARBARA

LOS ANGELESLOS ANGELES

IRVINEIRVINE

RIVERSIDERIVERSIDE

SAN DIEGOSAN DIEGO

1010

PROFILEPROFILE

SANDRASANDRA

POMONA HIGH SCHOOLPOMONA HIGH SCHOOL

G.P.A. 4.1G.P.A. 4.1

Family IncomeFamily Income$40,000$40,000

College College UCIUCI


Tuition & FeesTuition & Fees:: $14,349$14,349

Room & Board:Room & Board: $6,975$6,975

Books:Books: $1,000$1,000

Total (A): Total (A): $23,324$23,324

FINANCIAL AID AWARD (+)FINANCIAL AID AWARD (+)

Grants & Scholarships:Grants & Scholarships: $23324$23324

Work StudyWork Study:: $0$0

LoansLoans: : $0 $0

Total (B):Total (B): $$2332423324


$$00


$$0 x 4 years= 00 x 4 years= 0


AWARDAWARD== 0 0

PROFILEPROFILE

KASSANDRAKASSANDRA

GAREY HIGH SCHOOLGAREY HIGH SCHOOL

G.P.A. 4.3G.P.A. 4.3


College College UCLAUCLA



Room & Board:Room & Board: $14,454$14,454

Books:Books: $1,000$1,000

Total (A): Total (A): $30,769$30,769


Grants & Scholarships:Grants & Scholarships: $14,741$14,741

Work Study:Work Study: $1,500$1,500

LoansLoans: : $7,300 $7,300

Total (B):Total (B): $$23,54123,541 PARENT CONTRIBUTION:PARENT CONTRIBUTION:

$$9,7679,767


$$7300 x 4 years=29,2007300 x 4 years=29,200


AWARDAWARD= = --$7,228 $7,228

US NEWS & WORLD REPORT US NEWS & WORLD REPORT COLLEGE RANKINGSCOLLEGE RANKINGSNATIONAL NATIONAL

UNIVERSITIES/ENDOWMENTSUNIVERSITIES/ENDOWMENTS1.1.Harvard Harvard $27.5 billion$27.5 billion2.2.PrincetonPrinceton3.3.YaleYale4.4.ColumbiaColumbia5.5.StanfordStanford $13.8$13.85.5.PennPenn7.7.Cal TechCal Tech8.8.MITMIT9.9.DartmouthDartmouth9.9.DukeDuke11.11.ChicagoChicago $5.6 $5.6 12.12.NorthwesternNorthwestern13.13.Johns HopkinsJohns Hopkins14.14.Wash U. in St. LouisWash U. in St. Louis15.15.BrownBrown $2.15$2.1516.16.CornellCornell17.17.RiceRice18.18.VanderbiltVanderbilt19.19.Notre DameNotre Dame20.20.Emory Emory $4.16$4.1621.21.GeorgetownGeorgetown22.22.UC BerkeleyUC Berkeley

NATIONAL LIBERAL ARTS NATIONAL LIBERAL ARTS COLLEGES/ENDOWMENTSCOLLEGES/ENDOWMENTS

1.1.Williams Williams $1.5 billion$1.5 billion2.2.AmherstAmherst3.3.SwarthmoreSwarthmore4.4.MiddleburyMiddlebury4.4.WellesleyWellesley6.6.PomonaPomona $1.4$1.47.7.BowdoinBowdoin8.8.CarletonCarleton9.9.DavidsonDavidson10.10.HaverfordHaverford11.11.Claremont McKennaClaremont McKenna12.12.VassarVassar13.13.Wesleyan Wesleyan 14.14.Smith Smith $1.2$1.215.15.Washington & LeeWashington & Lee16.16.West PointWest Point17.17.Naval AcademyNaval Academy18.18.GrinnellGrinnell $1.2$1.219.19.Hamilton Hamilton 20.20.Harvey Mudd Harvey Mudd 21.21.BatesBates22.22.ColgateColgate

PROFILEPROFILE

SERGIOSERGIO

GANESHA HIGH SCHOOLGANESHA HIGH SCHOOL

G.P.A. 4.2G.P.A. 4.2


College College PrivatePrivate



Room & BoardRoom & Board:: $13,810$13,810


Total (A): Total (A): $64,726$64,726


Grants & Scholarships:Grants & Scholarships: $60,658$60,658


LoansLoans: : $0 $0

Total (B):Total (B): $$62,85862,858


$$00


$$1868 x 4 years= 74721868 x 4 years= 7472


AWARDAWARD= = --$1868 $1868

PROFILEPROFILE

GILBERTGILBERT

MONTCLAIR HIGH MONTCLAIR HIGH SCHOOLSCHOOL

G.P.A. 4.6G.P.A. 4.6


College College PrivatePrivate



Room & BoardRoom & Board:: $13,810$13,810


Total (A): Total (A): $64,726$64,726


Grants & ScholarshipsGrants & Scholarships: : $54,939$54,939


LoansLoans:: $0 $0

Total (B):Total (B): $$57,13957,139

PARENT CONTRIBUTION:PARENT CONTRIBUTION:

$$47684768


$$2819 x 4 years= 112762819 x 4 years= 11276


AWARDAWARD= = --$7,587 $7,587

HOW DO I APPLY FOR FINANCIAL AID?

FAFSA

(FREE APPLICATION FOR FEDERAL STUDENT AID)

CSS PROFILE (COLLEGE

SCHOLARSHIP SERVICE)

HOW CAN MY PARENTS HELP ME THROUGH THIS PROCESS?

1.PROVIDE SSN’S, BIRTH DATES, MARRIAGE DATES,

RESIDENCY STATUS, ETC. TO STUDENTS TO COMPLETE

THEIR APPLICATIONS

2.PROVIDE CURRENT HOUSEHOLD AND FAMILY INCOME

INFORMATION

3.APPLICATION FEES

4.SAT FEES

5.COMPLETE TAXES FOR 2014 AS SOON AS POSSIBLE

SPRING 2015Students will need additional

money for:

• Test submission fees

• College Orientation

• Housing Deposits

It’s important that students continue to keep their grades up!

PRESENTED BYPRESENTED BYBright ProspectBright Prospect

THANK YOU!THANK YOU!

PRESENTED BY Bright Prospect FINANCIAL AID FINANCIAL AIDWORKSHOP.

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Transcript of PRESENTED BY Bright Prospect FINANCIAL AID FINANCIAL AIDWORKSHOP.