Familiarize yourself with the types of aid available, how much aid you'll need, and whether you're eligible.
With the exception of some scholarships, everyone must use the Free Application for Federal Student Aid (FAFSA) to apply for aid. When you're ready to apply, fill out the online
FAFSA
The Department of Education will inform you and CSUSB about your Expected Family Contribution (EFC). Then, CSUSB will tell you how much and what types of aid you qualify for. Check your CSUSB email often - this is the mode by which we communicate with you.
If your aid is in the form of loans, become familiar with the repayment process. Loans are legal obligations, so before you take out a student loan, think about the amount you'll have to repay over the years.
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- Fifty-seven percent of CSUSB undergraduates have financial aid (other than loans) to cover their fees
- Nearly $1 million Federal Work Study aid is available to award students
- CSUSB offers 200 plus on- and off-campus scholarships totaling over $2 million annually
- Nearly 75% of CSUSB enrolled students are receiving some type of financial assistance to help them attain their college degrees or credentials
- Overall annual financial aid awarded at CSUSB is approximately $112 million
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Financial aid programs provide support for students to help meet the costs of obtaining a college education. Funding for such programs is provided by the federal and state governments, the individual colleges and universities, and a variety of other public and private sources.
Financial aid is split up into two categories based on the reason the money is awarded:
Achievement-based aid is awarded to students who have a special characteristic, skill, talent, or ability. Typically achievement-based aid is in the form of scholarships.
Need-based aid is provided to students who demonstrate financial need. Most financial aid, particularly public-funded aid, is awarded on the basis of financial need determined through the application process and in accordance with a prescribed federal formula.
GrantsFederal or state gift assistance with no obligation for work or repayment. |
LoansProviding funds now, but with a future repayment obligation |
ScholarshipsGift assistance with no obligation for work or repayment |
Work-StudyPart-time work while attending the institution |
Most often, financial aid will come to you in the form of a package consisting of a combination of the different types of aid available. The combination of aid offered depends on the availability of funds, your eligibility, the timeliness with which the application process is completed, and your year in school.