Parents often ask whether their family should apply for financial aid. The California Student Aid Commission, which administers the Cal Grant program, recommends that every student apply for financial aid. Applying is also a good safety measure in case the family's financial situation changes.
The term Financial Aid includes need-based grants, scholarships, work study, student loans, and parent loans. All institutions of higher education evaluate requests for any type of financial aid by considering a student's Free Application for Federal Student Aid (FAFSA). Even if a family's income is too high for need-based aid, the student may qualify for scholarships, work-study, or low interest student loans.
Don't assume you will not qualify for financial aid. The FAFSA formula not only considers income and savings in calculating a family's Expected Family Contribution (EFC) but also other factors such as the age of the parents and the number of children enrolled in college. Families can receive a personalized estimate of the net price (not the sticker price) for the cost of of one year of college by using a Net Price calculator.
Filing the FAFSA on time is important in case circumstances suddenly change (e.g. a parent loses a job); it is much easier to amend an existing application and ask a college to reconsider the application before their discretionary funds are distributed. Families should NOT wait until the last year's tax return to complete the FAFSA; estimate information based on the previous year, then amend the application when you have the most accurate data. It's important to file the FAFSA on time; check the colleges for specific deadlines.
For help and advice, you can call FAFSA Customer Service at 1-800-4-FED-AID (1-800-433-3243).
Additional Financial Aid Applications
Used for the University of California (UC), California State University (CSU), California Community College, and qualifying independent California schools.
You must complete your FAFSA or Dream Act Application to apply for a Cal Grant.
Read more about Cal Grant Programs.
Tuition savings for nonresident students at participating public colleges and universities. View this slide deck, WUE 101.
Learn more about the Western Undergraduate Exchange.
Use these Toolkits and Worksheets from 10,000 Degrees.
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Scholarships for students in the Bay Area.