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What is Financial Aid? Money given, paid, or loaned to help pay for college
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- Loans (money borrowed that must be
repaid - Work-Study (job opportunity to earn money)
Gift Aid
Self-Help Aid
- Grants (free money)
- Scholarships (free money)
Basic Equation of Need
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Expected Family
Contribution(EFC)
Cost of Attendance
(COA)Financial
Need
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Tuition & Fees At Home Off-Campus
Tuition & Fees $1,196 $1,196
Books & Supplies
$1,665 $1,665
Health Fee $34 $34
Room and Board $4,401 $10,962
Personal Expenses
$3,105 $2,844
Transportation $1,170 $1,314
Total $11,571 $18,015
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Tuition & FeesUndergraduate ON/Off Campus
Graduate ON/OFF Campus
Tuition & Fees $8,523 $9,789
Books & Supplies
$1,737 $1,737
Room and Board $10,677 $10,677
Personal Expenses
$2,289 $2,289
Transportation $1,134 $1,134
Total $24,360 $25,626
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Tuition & Fees $13,660
Books And Supplies $1,428
Health Care Allowance $1,376
Room and Board $13,275
Personal Expenses $1,766
Transportation $838
Total $32,343
The Four Sources of Financial Aid
Outside Agency
Aid
Federal Aid
StateAid
College-Based Aid
The Four Sources of Financial Aid
FederFederal Aidal Aid
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www.fafsa.gov
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The Four Sources of Financial Aid
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Websgrants4students.org
The Four Sources of Financial Aid
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The Four Sources of Financial Aid
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1. Attend a high school in the Santa Barbara County for at least 4 years from 7-12 grade.2. Planning to be a full-time student.
Scholarship Foundation- Specialty Scholarships (merit-based)
• Fleischmann and Floro Awards – community service• Adsum Scholarship- AB 540 students
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You can apply at: www.sbscholarship.orgSpecialty Program, due NOVEMBER 15
-General Scholarships -Zero interest loan program
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You can apply to this program at: www.sbscholarship.org
What can I do ahead of time?
•Apply early to financial aid and scholarships! You never know!
•Make sure to follow-up with the Financial Aid Office.
•Ask for letters of recommendation RIGHT NOW!
•Ask for help when you need it.•Don’t ever disqualify yourself!
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Don’t forget….
You must RE-apply
every year!
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Research DEADLINES…
Have a specific question?
•Free financial aid advising Scholarship Foundation of Santa
Barbara Miriana Del Toro (805) 687-6065
•Contact the Financial Aid Office
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