Determining Financial Aid Awards

• First, we assign you a Cost of Attendance budget based on your dependency status. This budget is based on the full-time cost of tuition, books and supplies and an estimated cost for living expenses.
• Second, we subtract the SAI (Student Aid Index) that was reported on your Student Aid Report. The result is your Estimated Financial Need. You will receive funding, as available, up to this remaining need amount.

• Financial aid is awarded in the following order, based on available funds:
  1. Federal Pell Grant
  2. Scholarships
  3. Other grants (for example, SEOG, Cal-Grants, Bureau of Indian Affairs Grants, EOPS)
  4. Work-study employment
  5. Loans
• Many of these funds are limited and are awarded until they are depleted. In addition, there is a maximum annual limit for each award. All external funds must be reported to the Financial Aid Office even if received directly by the student.
• This means that it is possible for you to have remaining need even after all funds have been awarded.

I have a bachelor's degree. Am I completely out of luck? Am I eligible for any type of assistance? - Video

• No. You are not eligible for a Pell Grant or SEOG. But you may be eligible for a Fee Waiver, Federal Work-Study (FWS), and possibly a (Federal) Stafford Student Loan.
• The same formula as above will be used and any unmet need will first be filled by Fee Waiver and then with FWS. You may also be eligible to apply for a Federal Stafford student loan.