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How to determine Need


When completing a FAFSA you will receive your Expected Family Contribution (EFC).  The EFC is the formula to determine ability to contribute toward the cost of education is legislated by Congress.  The Expected Family Contribution (EFC) is the result of the Free Application for Federal Student Aid (FAFSA).  Your need is the difference between the total cost of your attendance and your EFC; Based on the information you provide need is the amount that Financial Aid will try to cover with resources.

Most aid that we award is need-based, which means that a student must have an adequate amount of need in order to accommodate the aid awarded. For instance, if a student’s need equals $12,000, they may receive no more than $12,000 in need-based aid.

 Cost of Attendance

(COA)$17,000

-EFC   $5,000

=Need $12,000

Need-based aid includes (but is not limited to):

 Fee waivers

Federal Pell Grant

Federal Supplemental Educational Opportunity Grant (SEOG)

Federal Work-Study

State Grants

Most Scholarships

NOTE: While scholarships are typically not awarded based upon a student’s EFC or need, they are nonetheless included when totaling the amount of aid counted towards covering a student’s need.

Regardless of the type of aid package a student receives, their total awards may not exceed their cost of attendance.  

 


 
Financial Aid Office Hours
Mon. & Thur. 7:30am - 7:00pm
Tues. & Wed. 7:30am - 4:30pm
Friday 7:30am - 4:00pm
Thursday, May 18th
Student Services hours will be from 7:30 am - 2:00 pm.

Learn about financial aid through these short videos.

FinAid TV

Go to Chaffey's Financial Aid TV


Links admissions
 
Free Application for
Student Aid
You can now apply for the 2017-2018 school year!
File a 2017-18 FAFSA as early as October 1st to apply for aid for the Fall 2017 term.



Visit
BankMobile
to learn about how disbursements are made!




California Student Aid Commision logo
California Student Aid Commission
Questions about CalGrants?
Check out the CSAC site.


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Chafee Grant for Foster
Youth

Visit this site or your ILP worker for more info.



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National Student Clearing House.  
Trusted source for enrollment verification and loan/lender information.



Rev. 9/1/16


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