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
CalKIDS
CalKIDS
CalKIDS is a children’s savings account (CSA) program administered by the ScholarShare Investment Board, an agency of the State of California. CalKIDS will provide each child born in California and eligible low-income public school students with up to $1,500 for college education and career training!
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.
