Financial Aid Fall 2020 What is Financial Aid

Financial Aid Fall 2020

What is Financial Aid? Tuition and Fees Books and Supplies Transportation Living Expenses Food and Miscellaneous Expenses Laptop Free money to pay for college

Myth #1: My income is too high. • 43% of LPC students receive financial aid by completing FAFSA/CADAA • New scholarships and grants become available each year that do not have an income threshold

Type of Aid California College Promise Grant Fee Waiver • California Community Colleges • Waives the $46/unit Federal Pell Grant • Need based • Up to $6, 345 & based on # of units • 600% = 6 school years = 12 semesters Cal Grant Chafee Grant • Based on GPA and Income • Foster Youth • $5, 000 for the school year • Separate Application Federal Supplemental Educational Opportunity Grant (FSEOG) Federal Work-Study • EFC=0 • Full-time student • Depends on the funds available • Need based • Minimum wage • Flexible Federal Direct Student Loans Other Resources • 2020 -2021 • 2. 75% interest • 1. 059% origination fee • Extended Opportunity Programs and Services, Cal-Works, the Cooperative Agencies Resources for Education, and the Disability Resource Center A lot Students Qualify

AB 19 Promise Scholarship Las Positas For households that earn a high amount and do not qualify for a Pell Grant Up to $1, 200 Fall Semester Spring Semester

What is the criteria? File the FAFSA or CA Dream Application Receive a Fee Waiver Not disqualified EFC more than 3100 12 units = $600/semester 9 units= $450/semester $600 in unmet need • For California Residents • No bachelor’s degree

Transfer Entitlement Cal Grant Priority FAFSA/CADAA Deadline: March 2 nd How many years can students receive it? 4 years max 2. 4 GPA • Covers full tuition & fees at UC or CSU • Private University: $9, 084 • Held in reserve until you transfer • Students receive a small grant while attending a community college • SSCG 1 will pay $649/semester with 12 or more units • SSCG 2 will pay $1, 351/semester with 15 or more units GPA Verification: 16+ transferrable units at LPC we send to CSAC. If not contact your high school. No GPA Needed • CTE track • Students receive a small grant while attending LPC

How to apply for aid?

Submit 1 application School Code: 030357 California Dream Act Application dream. csac. ca. gov Free Application for Federal Student Aid FAFSA. gov OR • Citizens • Eligible non-citizens • U. S. Residents (Green Card) • T Visa DACA Recipients TPS Recipients U Visa No SSN And • AB 540 Status • •

LPC Financial Aid Steps STEP 1 • Apply STEP 2 STEP 3: STEP 4: • Check your • Set up your • Keep up financial aid Bank. Mobile good award and refund grades! eligibility delivery on CLASSpreference Web STEP 5: • Connect with Fin. Aid Staff

You can still submit your 2020 -2021 FAFSA or CADAA

New 2021 -2022 FAFSA and CADAA Open Oct. 1 st Summer 2021 - Spring 2022 Submit by March 2, 2021 2019 Taxes

Personal Judgement EFC Appeal ‘Special Circumstances’ What will the Fin. Aid Office do? • The Financial Aid Office will consider making adjustments to your FAFSA income or asset information on a case-by-case basis. What is the requirement? • Significant reduction of income since the tax year reported on the FAFSA. What will it accomplish? What will you need to provide? Example • These adjustments may result in increased eligibility for financial aid. • Documentation is always required. • In 2018, John worked and made $50, 000. In 2019 or 2020 John made $23, 000 and went back to school.

$mart$hop Work$hop$: Financial Wellness Ways to Increase Income Budgeting Credit Wise Buying Practices Renting vs. Buying Millionaire Myths Scan to view flyer:

Scholarships LPC Scholarships Pedrozzi Scholarships • Open in January • Many Scholarships for Veterans • $100 -Full Ride • Open in January • Livermore Valley Joint Unified School District high school graduates • Veteran scholarships Search Scholarships on the LPC Website Google UC Davis Outside Scholarships Google UC San Diego Outside Agency Scholarships Fin. Aid on the Web: https: //www. finaid. org Fast. Web: https: //www. fastweb. com

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