Financial Aid


Free overview of the financial aid process is held every year by Virtual Academy along with a financial aid expert from a local college. Last year, on Sept 28th, 2016, we had a Financial Aid & Naviance Night given by Susana Mayfield and Brenda Vargas.  Click here for the flyer. 
 
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California Student Aid Commission - Cal Grant.  CAL Grant GPA
will be electronically uploaded to the California Student Aid Commission October 1st through Virtual Academy (see Mrs. Patty Braun at the front desk).  GPAs are uploaded unless you opt-out. 
  •  The September 2, 2017, Cal Grant filing deadline has passed. The next filing deadline is March 2, 2018.
  •  The September deadline is for students attending California Community Colleges only.
  •  For additional information regarding Cal Grant and GPA requirement click here.                                                                                                                         
What is a Cal Grant? Cal Grant A-B-C. Click here to understand your eligibility notification.
 
Each year, more than $2 billion of financial aid goes unclaimed.  To get this money, all students need to do is fill out one form: FAFSA is a (Free Application for Federal Student Aid.)  Everyone who is applying for financial aid must complete the FAFSA. It is recommended that students and parent(s) get FSA ID, made up of a username and password to access U.S. Department of Education websites.
 
Free Application for Federal Student Aid  - Click on the Logo!
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After you file your FAFSA or California Dream Act Application, go on-line and check the status of your Cal Grant application by logging on to WebGrants for Students and create an account. This site will provide you with resources, information and tools to assist you with college financial aid process. 
 
The information you put on your FAFSA application is used to calculate your EFC - Expected Family Contribution.  Colleges use the EFC to determine how much financial aid to award you.
Every college website has an EFC calculator to help you estimate what your contribution will be. 
 
 Here's a summary of key dates for submitting the FAFSA depending on when you plan to go to school:
 

Types of Financial Aid
Here are the four most popular types of financial aid:
 
  1. Types of Aid - There are 3 types of aid: Grants/Scholarships, Loans, and Work Study
  • Grants-Money that doesn't have to be paid back.  Typically they are given to athletics, academics, special talent, need-based, etc.
  • Loans - These must be repaid.  Two types of loans are:  Federal Student Loans (unsubsidized loan - the interests accrues while you are in school, you pay it back after you graduate. Subsidized loan, the government pays the interest while you are in school.) 
  • Work Study - Work study allows colleges to hire students for employment to pay their own way as they attend college.  You do not repay the money you have earned.  
2. Sources of Aid - There are 3 sources of aid:  Federal/State, Institutional, and Organizational.
  • Federal/State - Both federal and state governments offer aid to eligible students.
  • Institutional - Many colleges, especially private institutions, provide aid to their students.
  • Organizational - Many companies and organizations provide scholarships for students.
3. The Process -  There are only a few steps to getting financial aid.
  •  FAFSA:  Federal and state aid is determined through the FAFSA which can be submitted at www.fafsa.gov in the student's senior year.  Be sure to indicate interest in work study.  Everyone should fill out the FAFSA regardless of desire or need for aid!
  • Institutional Aid:  Most schools consider students for aid based on their application alone.  Some will require a separate application for certain scholarships or require you to submit a CSS Profile, which is similar to FAFSA.
  • Scholarships:  Search and apply to organizational scholarships regularly.  Ask companies/organizations your parents are part of.  There are scholarships for freshmen, sophomores, and juniors too!
(Additional resources to help you understand the financial aid process)
 
BOG Fee Waiver (California Community College) - Permits enrollment fees to be waived and assist with purchases of books and supplies).  Forms are available through icanaffordcollege website.
  

Learn About College Costs!  

 
California Community Colleges
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California Cash 4 College (Find out where there is a FREE Cash for College workshops across California to help you complete your FAFSA.)  Click on the logo.Organization Title
 
California Chafee Grant for Foster Youth  - Free Money for Foster Youth for College or Career Training  

Colleges That Claim to Meet Full Financial Need

Federal Financial Aid

(Federal Pell Grant, Federal Supplemental Educational Opportunity Grant, Federal Teach Grants, California Chafee Grant, Child Development Grant, Law Enforcement Personnel Dependents Grant)

FAFSA: Free Application for Federal Student Aid

Federal Student Aid, an office of the U.S. Department of Education: Proud sponsor of the American mind.

 
 
 
 
CSS Profile-College Board - The following colleges, universities, and scholarship programs use PROFILE, Noncustodial PROFILE, and/or IDOC as part of their financial aid process .  Almost 400 colleges and scholarships require the PROFILE.  

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