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WHO ARE WE?

Awarded $167 million in scholarships to 64,000+ students since our founding.

Santa Ynez

Serving Santa Barbara County Students for Over 60 Years!

In addition to scholarships, we also:

Offer free financial aid advising
Support with college applications and essays
Connect students with additional scholarship opportunities

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93.1% of awarded 2017 high school seniors completed their degree within 6 years versus the national average of 62.2%

DATA & RESEARCH

2017 Cohort

6-Year

Graduation Rate

93%

62%

SFSB Awardees:

National

Average:

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RETURN ON INVESTMENT

OF COLLEGE ATTENDANCE

Bachelor’s degree holders earn ~$1.2M more over a lifetime than high school graduates
Median annual wage:

HS diploma: ~$44K
Bachelor’s: ~$74K
Graduate degree: ~$95K+

Lower unemployment risk
Increased job mobility
Higher job satisfaction & benefits

Return (Earnings Premium):

Other ROI Factors (Non-Monetary):

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WHAT IS FINANCIAL AID?

Financial aid is money provided to help cover college expenses.

Two Main Types:

Gift Aid (grants, scholarships): Does not need to be repaid
Self-Help Aid (work-study, loans): Must be repaid or earned through work

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WHAT IS FINANCIAL NEED?

Cost of Attendance — Student Aid Index = Financial Need

	CSUs	UCs	Private
Cost of Attendance	$31,650	$46,984	$50,000
— SAI	$8,000	$8,000	$8,000
= Financial Need	$23,650	$38,984	$42,000

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COST OF ATTENDANCE

CSUs generally have lower tuition and fees than UCs
CSUs typically offer less financial aid than UCs

UCs generally have higher tuition and fees than CSUs
UCs typically offer more financial aid than CSUs

Costs of private schools can vary widely
Financial aid is often available, don’t let cost deter you!

AVG COST: $31,650

AVG COST: $46,984

AVG COST: $50K+

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2025	On Campus	Off Campus
Tuition & Fees	$8,672	$8,672
Books & Supplies	$1,071	$1,071
Room & Board	$17,814	$20,074
Transp.	$1,412	$2,557
Personal	$2,681	$3,612
TOTAL	$31,650	$35,986

2025	On Campus	Off Campus
Tuition & Fees	$17,084	$17,084
Books & Supplies	$1,500	$1,500
Room & Board	$21,300	$19,200
Personal Transp.	$3,400	$4,500
Health Insurance	$3,700	$3,700
TOTAL	$46,984	$45,984

COST OF ATTENDANCE

*Remember: Indirect costs are estimates of what you may spend in a year.

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COLLEGE ADMISSION PREP

A-G Requirements:

Meet with your high school counselor to ensure you’re on track

Extracurricular Activities
Community Service

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COLLEGE SCORECARD

https://collegescorecard.ed.gov

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FOUR SOURCES OF FINANCIAL AID

FEDERAL AID

STATE AID

INSTITUTIONAL AID

PRIVATE SOURCES

LIKE US!

APPLY YOUR SENIOR YEAR OF HIGH SCHOOL!

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Eligibility: U.S. citizens, eligible non-citizens, and certain visa holders
Where It Can Be Used: At any Title IV–approved college nationwide, for up to 6 years of undergraduate study
FSA ID Requirement: Both students and contributors need an FSA ID to complete

FEDERAL AID

Free Application for Federal Student Aid (FAFSA)

OPENS:

OCTOBER 1

DEADLINE:

MARCH 2

School #1

School #2

School #3

Up to 20!

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FEDERAL AID

Based On:

Student Aid Index (SAI)

Student Aid Index (SAI): Number used by colleges to determine financial aid eligibility

Income

Assets

Family Household Size

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Most students are Dependent: Under 24 years old with no unusual circumstances

FEDERAL AID

Who is Dependent or Independent?

Independent?

Graduate

Student

Marital

Status

Has Children/

Dependents

Veteran

Foster

Youth

Legal

Guardianship

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Grants (Gift Aid Based on Financial Need):

Pell Grant: Up to $7,395/year
Federal Supplemental Educational Opportunity Grant (FSEOG): $100 to $4,000/year
TEACH Grant: Up to $4,000/year

Work-Study: Amounts vary
Loans: Subsidized, Unsubsidized, and Parent Plus loan

FEDERAL AID OVERVIEW

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FEDERAL AID - LOANS

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CALIFORNIA STATE AID

California Dream Act Application (CADAA)

Eligibility: AB 540 students, U.S. citizens, eligible non-citizens, and certain visa holders
Where It Can Be Used: At colleges in California
Duration: Up to 4 years of undergraduate study

OPENS:

OCTOBER 1

DEADLINE:

MARCH 2

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CALIFORNIA STATE AID

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CALIFORNIA STATE AID

Cal Grants - Available for 4 Years

Available at a four-year institution
Min. GPA: 3.0 GPA
Award Amounts

CSU - $6,450
UC - $14,934
Private - $9,358

Available at four-year or California community colleges
Min. GPA: 2.0 GPA
Award Amount:

CA Community College - $1,648

Available to students in technical and vocational programs
Complete the Cal Grant C supplement form
Award Range: $547 – $2,462

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Cal Grants
Student Success Completion Grant:

California Community College Only
Up to $2,596/year if you take 12 - 14.99 units
Up to $8,000/year if you take 15+ units

Middle Class Scholarship:

CSUs and UCs

For families earning less than $234,000/year

Chafee Grant:

Current or Former Foster Youth
$5,000/year

Golden State Teacher Grant
CA Dream Act Service Grant: Up to $4,500/year

STATE AID OVERVIEW

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On average, it takes 3.3 years to transfer from a Community College – plan accordingly

Save at least 2 years of Cal Grant eligibility for a four-year college

If awarded at a CA Community College, funds can be held in reserve for up to 2 years until transfer
Create a WEBGRANTS account to check your Cal Grant status

Use WEBGRANTS to update your school or report a Leave of Absence

CALIFORNIA STATE AID

Cal Grant Tips

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Who Can Apply: Eligible California residents
Benefits: Waives enrollment fees at California Community Colleges
Additional assistance for book and supply funding must be applied for separately
Eligibility Requirement: Based on financial need; FAFSA or CADAA application required

CALIFORNIA STATE AID

CA Promise Grants

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Awarded directly by the college or university
Amounts vary by institution
Examples: SBCC Promise & AHC Promise

INSTITUTIONAL AID

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Covers UC systemwide tuition and fees in full
Eligibility: California residents with family income under $80,000/year who qualify for financial aid

INSTITUTIONAL AID

UC Blue & Gold Opportunity Plan

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What is CSS Profile?

An online application used by colleges and scholarship programs to award non-federal institutional aid

Who must complete the application?

Check your colleges’ information to determine whether they require the CSS Profile. A list of participating school is available online

INSTITUTIONAL AID

CSS Profile

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U.S. citizens, permanent residents, or AB540 eligible students
Must be full-time students at an accredited college or university
Must have attended a Santa Barbara County school at least 4 years (between grades 7-12) and graduate from a Santa Barbara County high school

Who Qualifies?

OUR SCHOLARSHIPS!

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General

Available to all SB County students
Min. GPA: 2.0 GPA

Honors

Available to South County students only
Min. GPA: 4.2 weighted GPA

Available to South County and Santa Ynez students only
No GPA requirement
Focused on traditional fine arts

OUR SCHOLARSHIPS!

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OUR SCHOLARSHIPS!

Application Opens:

Application Closes:

OCTOBER 15

JANUARY 31

Scan to apply!

sbscholarship.org/apply/

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Academic
Need-based
Art/Talent
Athletic
Others: Employment-based, interest-specific, or background-focused scholarships, etc.

OTHER SCHOLARSHIPS?

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SAI =

SAMPLE AWARD LETTER

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SAI = 13,330

SAMPLE AWARD LETTER

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SAI = 2,633

SAMPLE AWARD LETTER

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SAI = -1,500

SAMPLE AWARD LETTER

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NEXT STEPS

FAFSA Submission Summary (FSS) available in about 3 days

Review your award letters and confirm your selections.

Check student portal for any unmet requirements or items on To-Do List.

Complete Disbursement Forms.

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Financial aid award letter review
Help with FAFSA/CADAA/SFSB applications
Financial aid advising
CSS profile assistance

WE’RE HERE TO HELP!

Students and parents are encouraged to reach out for:

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QUESTIONS?

For questions or help, please call or email us!

Jose Olvera

jolvera@sbscholarship.org

(805) 687-6065

www.sbscholarship.org

@sbscholarship