Office of Financial Aid and Scholarships

finaid@csueastbay.edu

Yearly Application Process

File FAFSA or CA Dream Act Application every year: October 1

�March 2nd priority deadline.

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Pioneer Scholarship Portal�csueastbay.scholarshipuniverse.com

• Hundreds of Institutional and External Scholarships

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• Most Institutional Applications is Live!!

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• Keep a lookout for Scholarship Workshops!- Visit our Announcement Page!

Types of Financial Aid

Work Study:

• Federal Work Study

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• Paid via Payroll or Student Financial Services

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• Must find a job from the campus (off campus jobs also available)

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• Amount paid according to pay rate (typically minimum wage) and hours worked

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• Must work no more than 20 hours a week (Federal and Systemwide Rule)

Types of Financial Aid

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Loans

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Federal Unsubsidized - $20,500

Federal Direct Graduate PLUS Loan - up to COA�Private Loans- Available through private lenders

Graduate Plus Loan www.studentaid.gov

• Eligible to borrow up to cost of attendance
• Credit-based loan with two steps:
1. Apply for credit decision
2. Sign promissory note (MPN) if approved �

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�Graduate/Professional Students

Subsidized + Unsubsidized Loan

Lifetime Limit = $138,500�

Log into (studentaid.gov) to connect to the National Student Loan Database System to check your aggregates (borrowing history)�

(https://studentaid.gov using FSA ID)�

Beware of Loan Lifetime Limits www.studentaid.gov

Award Requirements

Financial Aid Offer Requires that Students Maintain Satisfactory Academic Progress

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• 67% Pace of Progression (Earned Units v. Attempted Units)

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• 3.0 Cumulative Grade Point Average

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• 3.0 Grade Point Average on your 2^nd year

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• 150% Maximum Time Frame Completion of Published Program

Financial Aid will only cover courses that count towards your degree

WE MIGHT NEED ADDITIONAL INFORMATION

Federal Verification

Your FAFSA application may be flagged for Verification by the Federal Student Aid Department. Upon receipt of your FAFSA, (if chosen for verification) The Financial Aid Office will notify you via email with instructions on what and how to complete the Verification Process.

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Students who are flagged for Federal Verification will receive an ESTIMATED Financial Aid Award. We will not be able to provide you with your Financial Aid until you complete all Verification Requirements.

WE MIGHT NEED ADDITIONAL INFORMATION

What to Prepare?

Have your (if applicable) 2022 (Signed) Income Tax Return or Tax Return Transcript ready to submit when asked

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Complete any forms requested of you by the Financial Aid Office, ASAP!!

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Be proactive and pay attention to your email box

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Don’t be afraid to ask questions!!! (finaid@csueastbay.edu)

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Most verification requirements can be completed online via csueastbay.verifymyfafsa.com

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What Happens if Something Happened?

Special Circumstance Appeal

The Financial Aid Application requests information based on the prior-prior year income. However, if your income changes drastically due to unforeseen circumstances, contact the Financial Aid Office to see whether you’d be eligible for a Special Circumstance Appeal. (finaid@csueastbay.edu)

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Reasons Include:

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Loss or Drastic Reduction of Income

Death of Parent/Spouse

Natural Disaster (for example, COVID-19)

Divorce

Out of Pocket Medical Costs (not covered by insurance)

Dependency Override

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Note- Wait until you receive your initial (OFFICIAL) Financial Aid Offer before you appeal.

- Submitting an Appeal does not guarantee that you will receive additional aid

- Submitting an Appeal will not postpone the payment deadline

- You will be required to submit documentation to verify your reason to appeal

Thank You!

finaid@csueastbay.edu