Repaso sobre la Solicitud de ayuda financiera

Presentación del tema: "Repaso sobre la Solicitud de ayuda financiera"— Transcripción de la presentación:

1 Repaso sobre la Solicitud de ayuda financiera 2009-2010
Patrocinado por La Coalición de Dinero Para la Universidad del Este de la Bahia Presentado por: … Thank you for coming to our California Cash for College workshop. Today, we will be discussing how to apply for financial aid. This session is sponsored by the East Bay Cash for College Coalition. Today’s event is also made possible through the cooperation of the wonderful staff here at _______________ (location). My name is___________________and I am from ____________________ College/University. Joining me today are my colleagues ____________________________________________________ from_______________________________. (Introduce all volunteers). 1

2 Cash for College Beca de $1,000 Evaluación
Complete y entregue la evaluación ANTES de irse! Lugar y Fecha Escriba Claro! Reglas de la Beca en la página 2 Debe enviar la FAFSA y Cal Grant GPA no más tarde del 2 de Marzo El ganador/a se eligirá después del 2 de Marzo y será anunciada por tu consejero o por carta enviada a la dirección que nos hayas dado. La beca será enviada al colegio/ Universidad. Each of you should have a folder with lots of useful information - the Cash for College Evaluation - the on-line Free Application for Federal Student Aid (FAFSA on the Web Worksheet) and - the Cal Grant GPA Verification Form If you do not have copies of these forms, please raise your hand so we can get them to you. 2 2

3 Tipos de ayuda financiera
Ayuda gratuíta: Becas por necesidad o becas por mérito que no tienen que pagarse Por trabajo: Dinero que el estudiante obtiene como pago por un trabajo dentro o fuera de la universidad Préstamos: Dinero prestado que debe pagarse, generalmente con interés There are three major types of financial aid – grants and scholarships, work-study, and educational loans. Grants and scholarships are gift aid that is not required to be repaid. Grants are usually based on the student’s financial need. Scholarships are generally based on talent and/or merit. While there are a number of grants and scholarships available to California students, the Cal Grant program is one of the most important and valuable. Cal Grants are an example of gift aid based on need and merit. We will discuss Cal Grants in more detail later in the presentation. Work-Study programs provide opportunities for students to earn money to help pay for school expenses. Both parents and students can borrow from a variety of low interest loan programs designed to help with the educational expenses of the student. Student loans require no repayment until the student is no longer in school. Parent loans may require payment while the student is still in school. There are three major types of financial aid – grants and scholarships, work-study, and educational loans. Grants and scholarships are gift aid that is not required to be repaid. Grants are usually based on the student’s financial need. Scholarships are generally based on talent and/or merit. While there are a number of grants and scholarships available to California students, the Cal Grant program is one of the most important and valuable. Cal Grants are an example of gift aid based on need and merit. We will discuss Cal Grants in more detail later in the presentation. Work-Study programs provide opportunities for students to earn money to help pay for school expenses. Both parents and students can borrow from a variety of low interest loan programs designed to help with the educational expenses of the student. Student loans require no repayment until the student is no longer in school. Parent loans may require payment while the student is still in school. 3

4 Notificación de Otorgamiento
Todas las cartas de otorgamiento incluyen: Costo de Asistencia (o Presupuesto Estudiantil) Contribución Familiar Prevista Ayuda Otorgada - becas del gobierno - programa trabajo y estudio - préstamos - becas privadas 4 4

5 – Solicitud de beca institucional y/o
Tipos de solicitudes FAFSA GPA Form Formulario de Verificación del GPA de Cal Grant Otras solicitudes o formularios requeridos por la universidad tal como: CSS Financial Aid PROFILE (Perfil de ayuda financiera CSS) There are a number of important financial aid forms: -The Free Application for Federal Student Aid (FAFSA) is required by all colleges and universities for the awarding of federal and state aid. Everyone should complete the FAFSA. In some instances, a school may use the FAFSA for institutional aid as well. This form must be completed either in electronic format (FAFSA of the Web) or through the paper FAFSA by students and their families. We will discuss the FAFSA on the Web in greater detail in just a few minutes. -As previously mentioned, in order to be considered for a Cal Grant, students must also complete the Cal Grant GPA Verification Form. This form must be certified by their high school, and submitted to the California Student Aid Commission (CSAC). -The CSS Financial Aid PROFILE is used by many private or independent colleges and universities to determine eligibility for their own funds. -Some colleges or universities may require their own scholarship or financial aid applications in addition to the FAFSA. The additional forms may collect information not requested on the FAFSA (such as medical and dental expenses and special family circumstances). These forms help the institution award its own funds. These forms must be returned to the college or university directly. -As noted earlier, many employers, organizations, and community-based agencies offering scholarships, require students to complete separate applications. -Many colleges will request copies of student and parent 2007 federal tax returns and other income documentation. We suggest you and your parents complete your 2007 federal income tax forms as soon as possible. Make sure you keep copies of these forms. -Also be sure to submit any required applications or requested documents by the published deadlines. At many institutions, failure to meet a deadline may jeopardize student eligibility for grants and other types of aid. We cannot emphasize this enough – don’t miss out by missing a deadline. – Solicitud de beca institucional y/o de ayuda financiera Devoluciones de impuestos federales del (junto con los anexos y la W-2S) u otra documentación de ingresos 5

6 Antes del 2 de marzo de 2009, llene y envíe:
Requisitos para solicitar la beca de Cal Grant en el año escolar Antes del 2 de marzo de 2009, llene y envíe: Solicitud Gratuíta de Ayuda Federal para Estudiantes (FAFSA) Formulario de Verificación del GPA de Cal Grant The California Student Aid Commission (CSAC) requires that both the Free Application for Federal Student Aid and the Cal Grant GPA Verification Form be submitted by March 2, 2009 in order for a student to be considered for a Cal Grant. The GPA Verification Form must be completed by the student, certified by the student’s high school, and sent directly to CSAC. Some high schools submit student grade point averages directly to CSAC. Others require that students complete the student section of the Cal Grant GPA Verification Form. (The student section of the form asks simple information such as name, address, and Social Security Number). If the paper form is required, it is important to submit it as soon as possible to the high school counselor or registrar since it may take a few days to certify the student’s grade point average. The GPA Verification form must be postmarked no later than March 2, 2009. Check with your high school Counseling Office/Guidance Center to see if the student needs to submit the paper Cal Grant GPA Verification Form or if your high school will submit the GPA electronically on the student’s behalf. If your school submits the Cal Grant GPA Verification form electronically, the student may have to authorize the release of his/her Social Security Number. We urge you to file these forms as soon as possible. Don’t wait for the March 2nd deadline and miss out on a valuable grant that, like other grants, does not have to be repaid. Consulte a su consejero de secundaria o la universidad para más detalles para presentar el Formulario de Verificación del GPA de Cal Grant 6

7 Status Inmigratorio NOTE: si usted es parcialmente documentado o indocumentado Un número de seguro social válido (solamente para el estudiante) es requerido en la solicitudes para ayuda financiera federal y estatal. Usted podría ser elegible para obtener tarifas de matrículas interestatales más bajas en los colegios/ universidades públicas en CA. Averigua en los colegios y universida-des para ver que tipo de ayuda finan-ciera institucional tienen disponible. Aplique a becas a las cuales seas elegible. If you are undocumented or under-documented, you may qualify for in-state tuition costs through state law (AB 540). Download The College & Financial Aid Guide for AB 540 Undocumented Immigrant Students at: You should also apply for all private scholarships for which you may be eligible check with colleges and universities to see if institutional financial aid is available watch for changes in federal and state laws regarding the eligibility of undocumented or under-documented students If parents have younger children, they should start inquiring in elementary, middle or high school to see if it is possible for the students to become a permanent residents. For more information, contact the Mexican American Legal Defense and Education Fund (MALDEF): call (213) For a list of scholarships for undocumented or under-documented students: go to Para información y una lista de becas, visite a 7 7

8 Circunstancias Especiales
Comuníquese con la oficina de ayuda financiera si: Ocurre una pérdida o reducción de los ingresos o bienes de los padres o del estudiante Ocurre una muerte o una enfermedad grave Ocurren desastres naturales que afecten los ingresos o bienes del padre Ocurren gastos médicos o dentales inusuales no cubiertos por el seguro Disminuye la manutención para los hijos, los beneficios del seguro social u otros beneficios no sujetos a impuestos Adquieres la responsabilidad financiera de tus abuelos Ocurre cualquier otra circunstancia que afecte la posibilidad de la familia para contribuir a la educación superior As mentioned earlier, many families have special circumstances not reflected by the questions on the FAFSA. Families are encouraged to contact the Financial Aid Office at each of the schools to which they are applying for admission and financial aid if there are significant changes in their circumstances such as: A loss or reduction in parent or student income or assets A death or serious illness Natural disasters that affect parent income or assets – this is especially true for any family adversely affected by the recent southern California wildfires Unusual medical or dental expenses not covered by insurance Reduction in child support or social security benefits Financial responsibility for elderly grandparents, or Any other unusual circumstances that affect a family’s ability to contribute to higher education. If the family feels there are special circumstances that may impact their ability to contribute to college, it is important that they present their case in a way that helps the financial aid office understand their unique challenges. Some schools will provide special forms to help the family provide the appropriate new information. Families are encouraged to: Contact the financial aid office for guidance Write a detailed explanation of circumstances Include student’s name, college or university ID#, and date of birth Give specific financial details including the reasons why the circumstances affect the family’s ability to contribute Attach supporting documentation Send to the financial aid office at each school to which the student is applying Each financial aid office will make its own decision about the affect the special circumstances have on a student’s need. Not all aid offices will be able to provide additional funds if there are special circumstances, but they might be able to suggest other options. Vea al presentador para un folleto acerca de como presentar su circunstancias especiales. 8

9 Información y sugerencias acerca de la FAFSA
Preséntela con prontitud, y a más tardar el 2 de marzo de 2009 Use la información calculada de ingresos para el 2008 si no han declarado los impuestos en el momento de presentar la FAFSA El estudiante y al menos un padre cuya información sea reportada deben llenar y firmar la FAFSA It is important to submit the FAFSA as early as possible after January 1, 2009, but no later than March 2, 2009 to be considered for a Cal Grant. Remember, families should report estimated 2008 student and parent income information if their 2007 federal income tax forms have not been completed at the time the FAFSA is submitted. There will be plenty of time to make corrections at a late date. The student and at least one parent whose information is reported on the FAFSA must complete and sign the FAFSA. PINs son disponible en tiempo real en el sitio de la FAFSA en la Internet: 9

10 Planilla de preparación para la FAFSA en la Web
LEA todas las instrucciones y reúna toda la información necesaria para completar esta solicitud. Color Negro = preguntas acerca del estudiante Color Morado = preguntas acerca del padre

11 Número de Seguro Social (P8) Apellido (P1)
HERNANDEZ-GARCIA Inscriba el nombre del estudiante y el número de Seguro de Social exactamente como se ve en la tarjeta de Seguro Social. Su nombre y número de seguro social serán comparados en una base de datos The Student’s Social Security Number: We encourage students to refer to a copy of their actual Social Security card to help ensure the correct number is reported. A common mistake made by parents is to write their own number or that of another sibling. -To apply for a Social Security Number (SSN) or to get a replacement Social Security card, contact the Social Security Administration (SSA) at (800) or go to their website at -Because the U.S. Department of Education conducts an electronic match of the student’s name and SSN with the Social Security Administration, it is important that both pieces of student data (name and SSN) match the Social Security card exactly. 11 11

12 Condición de ciudadanía (P14)
Si es ciudadano de los Estados Unidos, esta condición será confirmada al ser comparada con el Seguro Social. Si es no ciudadano elegible, esta condición será confirmada al ser comparada por el Department of Homeland Security (DHS). Write in your eight- or nine-digit Alien Registration Number (ARN) Si no es ciudadano ni un ciudadano elegible, no es elegible para ayuda federal o estatal, pero aún puede ser elegible para fondos estatales o institucionales. Citizenship Status. Students must be a U.S. citizen or an eligible noncitizen to receive federal student financial aid and Cal Grants. If students have recently become U.S. citizens, they should contact the Social Security Administration (SSA) to update their status. Otherwise, when the U.S. Department of Education matches data with SSA, the Agency may report that they are not citizens and may be considered ineligible to receive federal and state aid. For financial aid purposes, an eligible noncitizen is someone who meets one of the following: -A U.S. permanent resident who has an Alien Registration Receipt Card (I-551) -A conditional permanent resident with a (I-551C), or -A noncitizen with a departure record (I-94) from the Department of Homeland Security showing any one of the following designations: “Refugee,” “Asylum Granted,” “Parolee,” or “Cuban-Haitian Entrant.” Despite not being eligible for federal or state aid, students who are ineligible because they are undocumented may be considered for other institutional aid by some colleges or universities and may, therefore, wish to complete the FAFSA to apply for that aid. Students who fall into this category are encouraged to contact the schools to which they are applying for admission. Alien Registration Number. If students indicate response B (eligible noncitizen), they should write in their 8 or 9 digit Alien Registration Number. Students should precede an 8-digit number with a zero. Students who list their Alien Registration Number may be asked by the colleges or universities to provide a copy of their Permanent Registration Card. Some recently naturalized citizens may also be asked to provide a copy of their Naturalization documents. It is legal to photocopy these documents for financial aid purposes. 12

13 Registro de servicio militar selectivo (P22)
Los estudiantes varones serán inscritos en una base de datos para uso en caso de que haya reclutamiento para el servicio militar. Esto no ha sucedido desde el año 1973. Si no has cumplido 18 años antes de enviar la FAFSA, déja la pregunta en blanco pero contesta “Inscríbame” en la FAFSA el próximo año. Male students who are 18 years of age or older must be registered with Selective Service to receive federal and state aid. Some colleges and universities will also require the student be registered to receive institutional funds. This information will be confirmed with Selective Service. Students should answer “Register me” only if: - they are male, - currently between the ages of (on the day the FAFSA is submitted) and - NOT YET REGISTERED and would like the U.S. Department of Education to register the student with Selective Service. If the student is male, 17 years of age or younger at the time the FAFSA is submitted, he should leave the question blank. The student must register with Selective Service when he turns 18. He can do this at the Selective Service Web site, If the student is unsure if he has registered, he may go to this same site to verify his registration status. TO RECAP: The following groups of students should leave this question blank: female students male students who are not yet 18 as of the date the FAFSA is submitted and male students who have already registered 13

14 Préstamos y estudio-trabajo para estudiantes (P31)
Al mostrar interés no está obligado a pedir un préstamo ni a trabajar, ni esto hará que pierda becas por necesidad o por mérito Si contesta “ninguno” esto puede limitar algunas opciones para préstamos limitados y fondos para trabajo-estudio Student Loans and Work Study: If the student is interested in only “work-study,” mark the first box, “only student loans,” mark the second box, and if interested in “both work-study and student loans,” mark the third box. Marking the third box does not obligate the student either to borrow or work, nor will it cause the student to lose scholarships or grants. Some students mistakenly think that marking the first, second, or fourth box in this question will mean more grant aid. This is not true! What might happen is that students reduce their options to receive needed loans or work opportunities. If unsure, students should mark the third box – “both work-study and student loans.” Students may always decline work or loans at a later time. 14

15 Necesitarás comprobarlo si contestas SI
Parte 2 Determinación de la condición del estudiante (dependencia) NOTE TO PRESENTERS: At this point, read each question in Section 2 individually. If you answer “NO” to ALL questions in this section, go to Section 3. For FAFSA filing purposes, you are considered a dependent student and are required to provide parental information If you answer “YES” to ANY question in this section, skip Section 3 and go to Section 4. You are considered an independent student for FAFSA filing purposes and are NOT required to provide parental information Necesitarás comprobarlo si contestas SI 15

16 dependencia continuación
If you answer “no” to all of the questions in this section, you are considered a dependent student and your parents will be required to provide their information and they should go to Section 3. Only students who can answer “yes” to at least one of the questions listed will be considered independent. If you answer “yes” to any question in this section, you should skip Section 3. For FAFSA filing purposes, you are considered an independent student and will only be required to provide information about yourself (and your spouse, if married.) NOTE: If there are circumstances that you believe may make you independent, then you may request special consideration by submitting a letter of special circumstance directly to each financial aid office. Appeals are considered on a case-by-case and at the discretion of the individual colleges; not all appeals will be granted. For today’s purpose, we will assume that most of you are required to provide parental information in Section 3 and so we will move on to that section now. 16 16 16

17 Parte 3 – Información de los padres
Consulte la página 4 de la FAFSA en la hoja de trabajo de la web acerca de quiénes se consideran que son los padres Padre(s) biológicos o adoptivos Padrastros (independientemente de cualquier acuerdo previo al matrimonio) Use solamente la información de un padre si están divociados o separados Before starting this section, listen carefully to help determine who is considered a parent in this Section. Let’s look at Page 4 of the FAFSA on the Web Worksheet. You must answer all the questions in Section 3 as of the date you complete and submit your FAFSA. NOTE TO PRESENTERS: Go to Page 4 of the worksheet and read directly from the text, starting with “Grandparents, foster parents, and . . .” If the biological or adoptive parents are both living and married to each other, answer the questions about both of them. If the parent is widowed or single (that is, never married), answer the questions about that parent. If the widowed parent is remarried as of today, answer the questions about that parent and the person to whom the parent married (your stepparent). If the parents are divorced or separated, answer the questions about the parent the student lived with more during the past 12 months. If the student lived with both equally, submit financial data about the parent who provided the greater amount of support. If that parent is remarried, include stepparent information. Who is Considered a Parent? The term "parent" is not restricted to biological parents. There are instances (such as when a grandparent legally adopts the applicant) in which a person other than a biological parent is treated as a parent, and in these instances, the parental questions on the application must be answered, since they apply to such an individual (or individuals). An adoptive parent is treated in the same manner as a biological parent on the FAFSA. A stepparent is also treated in the same manner as a biological parent if the stepparent is married, as of the date of application, to the biological parent whose information will be reported on the FAFSA, or if the stepparent has legally adopted the student. There are no exceptions. Prenuptial agreements do not exempt the stepparent from providing required data on the FAFSA. The stepparent's income information for the entire base year, 2007, must be reported even if the parent and stepparent were not married until after the start of 2007, but were prior to the date the FAFSA was completed. A foster parent, legal guardian, a grandparent or other relative is not treated as a parent for purposes of filing a FAFSA unless that person has legally adopted the applicant. If you are a student in this situation, contact the Financial Aid Office at the college or university you are most likely to attend for assistance before you begin filling out the FAFSA. Again, students should not provide any financial information about foster parent(s) Because a foster child is automatically considered an independent student legal guardians Student must attempt to get biological parent information Colleges may consider using professional judgment to make the student independent in rare cases. Provide handout on “Presenting the case for Special Circumstances to the Financial Aid Office Hable con el presentador para obtener un folleto acerca de como presentar su circunstancias especiales. NO incluya información acerca de padres de crianza, guardianes legales, abuelos y otros familiares. 17

18 Número de seguro social, apellido y fechas de nacimiento del padre y de la madre (P63-70)
JONES PARKER Father’s/Stepfather’s and Mother’s/Stepmother’s Information: List the Social Security numbers, last names, first initials, and dates of birth of the parents required to report information on the FAFSA. It is imperative that the parents list their last names and first initials exactly as the information appears on their Social Security card so they’ll pass the Social Security Administration (SSA) database match. If parents do not have Social Security numbers, they should enter all zeroes (as shown on this slide). Leaving this question blank may result in a delay in processing of the FAFSA. Make sure to fill in the parents’ birth dates. These dates are needed to determine how much of the parents’ assets should be protected for retirement. La información proporcionada debe ser exactamente igual a la de la tarjeta de seguro social porque serán comparados en una base de datos. Si el/los padre(s) no tienen un # de seguro, escriba NO incluya información adicional acerca de un padre si eres soltero/a, divorciado/a, separado/a o sea viudo/a. 18

19 Estado de la declaración de impuestos del 2008 de los Padres.
P82 No está en la Planilla de Preparación: ¿Han preparado sus padres alguna planilla de declaración de impuestos sobre los ingresos del 2008 emitida por IRS, u otro tipo de declaración? - Ya prepararon su declaración. - La presentarán. - No la van a presentar. (skip to Q89) Tipo de declaración de impuestos (P83-84) The next questions in Section 3 ask about parents and their 2008 federal tax returns. The first question asks whether the parents --have already completed their 2008 federal tax return, --will do so but have not yet completed their tax return, or --are not required to file because of their income level The following question asks if parents will file a IRS form 1040, or a --1040A or 1040EZ form The next question asks parents whether, regardless of which IRS form they completed, they were eligible to complete a 1040A or 1040EZ. Tax preparers often file a Form 1040 or an electronic 1040 on behalf of a tax filer, even though that person's income and tax filing circumstances would allow them to file a 1040A or 1040EZ. Page 4 of the worksheet explains that tax filers are eligible to submit a 1040A or 1040EZ if they: make less than $100,000 and do not itemize deductions and do not earn any income from self-employment from a business or farm and do not receive alimony and have no capital gains requiring Schedule D filing. 19 19

20 Beneficios federales del hogar de los padres del 2008 (P77-81)
Receiving benefits from one of the federal programs listed on the FAFSA affects the way in which the federal processor will calculate your expected family contribution, or EFC. If the student, the student’s parents, or a member of the parents’ household (as reported in Question 75) received benefits from one of the following federal programs, fill in the corresponding oval: Supplemental Security Income (SSI) Food Stamps Free or Reduced Price Lunch Temporary Assistance to Needy Families (TANF) Special Supplemental Nutrition Program for Women, Infants, and Children (WIC) If members of the parents’ household received benefits from more than one federal program, the student should fill in the ovals for all the programs from which benefits were received. Indique si usted, sus padres o alguien del hogar de sus padres recibió beneficios en el 2008 de los programas federales mencionados. 20

21 Bienes de los padres (P91)
2,155 Reporte el saldo actual de las cuentas de ahorro, efectivo y cheques de sus padres en el dáa en que llene la FAFSA. CONSEJO: Reporte la cantidad de dinero efectivo disponible (después de haber pagado los gastos mensuales) NOTA: Algunas oficinas de ayuda financiera pueden requerir que se les otorgue documentos que comprueben sus respuestas. The first parental asset question asks parents specifically about money they have in cash, savings, and checking accounts as of the day the student completes the FAFSA. 21

22 Bienes de los padres (P92)
7,900 Valor neto equivale al valor actual menos la deuda Inversiones incluyen: Bienes raíces (excepto la casa de sus padres) Fondos fiduciarios Cuentas UGMA y UTMA Fondos mutuos y de mercado monetario Certificados de depósito Acciones y opciones de compra Bonos y otros valores IRA de Coverdell Planes 529 propiedad de los padres Contratos de abonos a plazos y de venta de terreno Mercancías, etc. Let’s review what are considered to be investments and business values for Section 3 Asset questions. Investments include real estate (other than the parents’ home), trust funds, UGMA and UTMA accounts, money market and mutual funds, certificates of deposit, stocks and stock options, bonds and other securities, Coverdell education IRAs, college savings plans including 529(c) plans owned by parents, installment and land sale contracts, commodities, etc. NOTE TO PRESENTER: The UGMA and UTMA shown above should be listed as parent assets if they belong to the parents. Student UGMA and UTMA accounts must be listed in Section 4 – Student Finances. 22

23 Otra información económica del 2008
This Additional Financial Information sheet asks questions about information not considered as part of parental income when calculating student need. For example, if either of the custodial parents is paying child support for a child in another household, this amount will be subtracted from the total custodial parent income. Complete the column on the left and enter the total on Question 94 on page 5, Section 3 of the FOTW Worksheet. Esta información se excluirá de los ingresos reportados anteriormente. 23 23

24 Ingresos no tributables del 2008
This 2008 Untaxed Income sheet asks questions about untaxed income the custodial parents earned or received. Parents should be sure to include pre-tax contributions they (not employers) have made to 2008 tax deferred pensions, retirement savings plans, IRAs and Keoghs. Additionally, parents should include other untaxed income such as child support received in 2008 for all children (including you), tax exempt interest income, housing/food and other living allowances as well as any income not reported elsewhere on the form. Complete the column on the left and enter the total on Question 95 on page 5, Section 3 of the FOTW Worksheet. Some colleges and universities may ask for information about other untaxed income, such as untaxed foreign income. They may also for documentation of any information reported here. Estos ingresos se sumarán a sus ingresos del 2008. 24 24

25 Parte 4 – Finanzas del estudiante
Estas preguntas son idénticas a las de las finanzas de los padres de la Parte 3 En la Parte 4 (página 6): Reporte su ingreso del 2008 Si es soltero(a), ignore las referencias a “spouse” (cónyuge) P son solamente para estudiantes INDEPENDIENTES The questions in Section 4 concerning student finances are identical to those in Section 3 for parents. We will not review the student income information in this section in any detail. If the student is single, separated, divorced, or widowed as of the date the form is completed, references to “spouse” should be ignored. If the student is married at the time the FAFSA is filed , the spouse’s 2008 income and current value of assets must be included even if the student was not married in 2008. How many students here today are considered independent? NOTE TO PRESENTERS: Based on the number of participants in the audience who respond affirmatively to being independent, either have the students see you after the formal presentation or review Questions # 96 and 103 at this point. 25

26 Información acerca de la universidad
Parte 5: Información acerca de la universidad 001170 001328 023456 034567 Students may list up to ten schools in Section 5 of FOTW. Note: the paper FAFSA allows students to list only four schools. If students want to send their information to more than ten schools, they can delete and add schools when they receive their electronic Student Aid Report Information Acknowledgement or paper Student Aid Report (SAR). First, list the California school you are most likely to attend, and then list others to which you are applying for admission. Students will need to use a code for each of the schools listed in Section 5. These codes are not in the FAFSA instructions; they are provided by the U.S. Department of Education at We suggest the students search first by the state in which the school is located, then look for the school code. This code number is different from the SAT, ACT, and CSS Financial Aid PROFILE code numbers. In the section below, the student selects a planned living arrangement “on campus,” “off campus,” or “with parents” for each school listed. The student should list “on campus” if unsure whether he or she will live with parents or not. It’s important to keep in mind that the U.S. Department of Education's processor will send data to only ten schools at a time for one student. For example, if the student originally listed ten schools on the application and then replaced all ten with new schools by changing his/her SAR, only the second set of ten schools would get data from any subsequent corrections made to the FAFSA data. Please note that the codes shown in questions above are only examples. Do not use them as they are not valid codes. Enumere hasta 10 universidades en las que esta solicitando admisión. Enumere por lo menos un colegio o universidad de California para que sea considerado/a para las becas Cal Grant. Enumere las universidades con las fechas límite más cercanas en cuanto a la ayuda financiera sin importar si están dentro o fuera del estado Encuentre los códigos de instituciones en: 26

27 ¿Qué ocurre después? Los estudiantes y las universidades que enumeró el estudiante reciben un Informe de Ayuda Estudiantil (SAR) del procesador federal ê Los estudiantes que llenen la FAFSA y el Formulario de Verificación del GPA de Cal Grant reciben el reporte de ayuda de California (CAR) Los estudiantes y las familias verifican que el SAR y el CAR contengan la información de importancia y la precisión de los datos Las universidades compaginan los registros de admisión con las solicitudes de ayuda financiera y determinan la elegibilidad para la ayuda Las universidades notifican la elegibilidad a los estudiantes admitidos que hayan llenado todos los formularios de ayuda financiera Within two weeks after filing the FAFSA, the student should receive a Student Aid Report (SAR) from the federal processor. The SAR summarizes the information the family provided on the FAFSA. Each school listed on the SAR will also receive the information electronically. If the student does not receive the SAR within three weeks, he/she should contact the federal processor to check on the status of the FAFSA; call FED AID; that’s or check on the status of your FAFSA by going to FAFSA on the Web and using your PIN. When the California Student Aid Commission evaluates the student’s FAFSA and Cal Grant GPA Verification Form, you will receive a California Aid Report (CAR) that will provide you information about your Cal Grant eligibility. Once each school receives the electronic SAR and all other required financial aid forms, and confirms the student’s admission status, the financial aid office will determine the student’s financial aid eligibility. Some schools may request that the student submit income documentation such as student and parent 2008 federal income tax returns including W-2s and all schedules and attachments before sending the student a final determination of eligibility. The school will use this and any other requested information to verify the accuracy of the data provided on the FAFSA. Schools understand that many families have used estimated data. A financial aid notification (commonly referred to as an award letter) describing the amounts and sources of aid the student has been awarded will be prepared for the student when the student’s financial aid application is complete. Most schools will wait until the student has been accepted for admission to notify him or her about financial aid eligibility. Some schools will mail a paper financial aid award to the student; others may provide the award electronically. In some cases, the student will be required to sign and return a copy of the financial aid award notification, indicating whether he/she accepts or declines each source of aid. If family circumstances change after the student completes the FAFSA and other required financial aid documents, make sure to contact the financial aid office at each school as soon as possible. 27

28 Resumen del proceso de ayuda financiera
Presente todos los formularios requeridos, incluyendo la solicitud FAFSA, antes de la fecha límite publicada de cada universidad (pero no después del 2 de marzo de 2008) Antes del 2 de marzo, envíe el Formulario de Verificación del GPA de Cal Grant Guarde una copia de todos los formularios enviados Revise el reporte SAR y el CAR para asegurarse que la información está correcta Esté pendiente de notificaciones de otorgamiento de ayuda financiera de las universidades en las que fue admitido No deje de solicitar ayuda financiera este año y cada año lo más pronto que pueda después del 1 de enero para que reciba la mejor oferta de ayuda económica posible HAGA PREGUNTAS Let’s now recap the steps involved in applying for financial aid: Colleges and universities may have their own deadline dates for applying for financial aid. Make sure you know what those dates are and what financial aid forms and documents are required. To make sure students are considered for Cal Grants, as soon as possible after January 1, 2008 but no later than March 2, 2008, they should submit both: the FAFSA, and the Cal Grant GPA Verification Form. Students should keep a copy of all forms they submit and copies of all documentation used to complete those forms. Review the electronic Student Aid Report (SAR) or paper SAR Acknowledgement. Review the California Aid Report (CAR) which provides information about the student’s Cal Grant eligibility. After students have been admitted to one or more colleges, watch for financial aid award notifications. These notifications are sometimes called financial aid awards or packages and will list the grant, scholarship, work-study and loan amounts the student might be eligible to receive. Applying for financial aid each year by the published deadlines assures that student is considered for the maximum amount of financial aid. ASK QUESTIONS! If you do not understand what to do next, or what is required of you – be sure to ask for help! Note to Presenters: Remind the group that students should file all their financial aid forms by each college’s published deadline or March 2, 2008 – whichever date comes first. Remember, meet all deadlines. Don’t miss out on any financial aid opportunities. 28

29 Preguntas y Respuestas
We hope you have found this workshop helpful. We will now be glad to answer any general questions you and your family might have. After a brief questions and answer period, volunteers will be available to help you complete your FAFSA, the Cal Grant GPA Verification Forms, and other financial aid documents about which you might have questions. 29