Financial Aid Resources

Types of Financial Aid

Grants – money given that does not need to be repaid, usually because of financial need

Scholarships – money awarded for academic achievement or an outstanding talent or skill

Work-Study – money earned at a school-affiliated part-time job

Loans – borrowed money that must be repaid

Direct Subsidized Loan - The federal government pays the interest while the student is in college or while the loan is in deferment

Direct Unsubsidized Loan - Interest begins accruing as soon as the loan is taken out.

Grants

Scholarships

There are many scholarship websites that allow students to set up a profile to search and match available scholarships.

CAL SOAP

The California Student Opportunity and Access Program (Cal-SOAP) was established by the state legislature in 1978. Today, Cal-SOAP is instrumental in improving the flow of information about postsecondary education and financial aid while raising the achievement levels of low-income, elementary and secondary school students or geographic regions with documented low-eligibility or college participation rates, and who are first in their families to attend college.