The California Student Aid Commissions web site contains a wealth of information on state, federal, and institution-financial aid programs. Go to www.fafsa.ed.gov for filing the Free Application for Federal Student Aid (FAFSA) online, also known as FAFSA on the Web. It's a fast, free, secure and easy way for students to apply. Students who apply online will get their application results 7 to 14 days faster than if they mail a paper FAFSA. Students can print a paper copy of the FAFSA to use as a worksheet. The FAFSA is also available online in Spanish. To electronically sign your FAFSA, students and parents (if applicable) must have a PIN. If you do not have or forgot your PIN, go to PIN Site. Besides the FAFSA being required for all campuses, most independent colleges and universities use additional family financial information in their financial aid awarding process. It is important that you check with your target campus Financial Aid Office to learn what additional forms must be filed. Some independent colleges and universities have their own institutional application. Contact the campus to obtain the form, and make sure your file it by the campus deadline. These forms will collect information that is then applied to the financial aid awarding process at the particular campus. Some independent campuses use an application called the CSS PROFILE which is also available from the campus or the College Board. The CSS PROFILE contains questions specific to the school or program you're applying to and then determines your financial need differently than the FAFSA. The CSS PROFILE takes into account factors such as whether your family owns a home. The CSS PROFILE asks for more detailed information than FAFSA. There is a cost for the CSS PROFILE. Its $5 ($6 if registering over the phone) plus $15 for each school or scholarship program selected.The Governor's Scholarship Programs include two merit-based awards. The Governor's Scholars Award provides $1,000 scholarships to students who have done well on various exams in the STAR program in the 9th, 10th, and 11th grades. The Governor's Math and Science Award provides $2,500 to students receiving a Governor's Scholar Award and who have attained high scores on AP or IB exams. The Financial Aid Calculator allows students and families to see how the general principles of financial aid might apply to their individual circumstances. By answering a series of simple questions on family size and income, users can see how students in similar situations have financed a UC education. As with any online calculator, the results are estimates and do not represent a guarantee of financial aid or a guarantee of the costs associated with attending the University.
Tax Credit For College
With the Hope Scholarship (Tax Credit) your family may claim a tax credit up to $1,500 for each eligible dependent for up to two tax years. The Lifetime Learning Tax Credit allows your family to claim a tax credit up to $2,000, after January 1, 2003.