FAFSA- Is short for Free Application for Federal Student Aid. FAFSA is the application students fill out in order to determine their financial aid eligibility.
What is FAFSA for? To remove the cost barriers that may prevent you from pursuing your educational goals.
- FAFSA needs to be filled out each academic year, usually due by first week of March. You can submit your application at www.fafsa.gov.
- FAFSA has certain guidelines that it follows to determine who will be eligible to receive funds. This can change on year to year basis, and it is best to check on www.fullerton.edu/financialaid/eligibility/ to find accurate information.
How much will I receive? How much funding you receive depends on the number of units you are enrolled in. Generally, undergraduate students enrolled in 12 or more units would receive 100% of their semester funding at the beginning of the semester.
California DREAM Act-( Development, Relief, and Education for Alien Minors) allows undocumented students to apply for and receive state-based financial aid and institutional scholarships, if they meet the requirements. www.fullerton.edu/financialaid/apply/CDA.php
Federal Direct Loan Program- Federal student and parent loans are issued through the Federal Direct Loan program from the U.S. Department of Education. Direct Stafford Loans are low-interest loans for students.
Eligibility- Your eligibility is based upon a review of your data as submitted on your Free Application for Federal Student Aid (FAFSA) and on other supporting documents, if required. You must be enrolled or accepted for enrollment in a degree, certificate or professional program. Your enrollment status must be at least half-time, (the equivalent of 6 units), and you must be a citizen or eligible non-citizen (permanent resident) of the United States.
Kinds of Loans Avaliable
- Student must have financial need - as determined by your FAFSA application
- Federal government pays interest on your behalf until you enter your grace period - the time you are no longer enrolled on at least a half-time basis
- Repayment begins at the end of the 6 months grace period
- Unsubsidized Loan
- Not need based
- Maximums based on grade level and dependency status
- Federal government does not pay interest
- Interest is variable
- No obligation to make payments while enrolled at least half-time
- Interest accrues and capitalized during periods of enrollment in school and/or in deferment
Parent PLUS/ Graduate PLUS Loan
Government-insured, credit-based loan program for parents of dependent undergraduate student OR to graduate students, including doctoral degree students.
- Approval for the PLUS loan is based on the credit-worthiness of the borrower. In the event of a credit-denial, Federal Student Aid's PLUS Loan
- Interest is charged during all periods. Generally, PLUS Loan enters repayment 60 days after the loan has been fully disbursed. Various options are available to postpone payment; refer to Federal Student Aid's Direct PLUS Loan
- The student must be enrolled at least half time and be eligible for federal student aid.
- The maximum loan amount is the student’s cost of attendance minus any other financial aid received.
Parent PLUS Loan:
- Is available to parents of dependent undergraduate students. In addition to the parent borrower passing a basic credit check, the student must meet the general eligibility requirements for federal student aid. Any amount in excess of university charges through the Parent PLUS Loan will be issued as a refund to the parent.
- Dependent undergraduate students: if your parent is unable to secure a PLUS loan, you may be eligible for additional Unsubsidized loans to help pay for your education.
Graduate PLUS Loan:
- Is available to graduate students (master's and doctoral students). The Graduate PLUS loan is meant to supplement the funding from the Direct Stafford Loan program, and should only be requested if you have exhausted your Direct Stafford Loan eligibility for the year and still have remaining expenses/room in your Cost of Attendance budget.
Tuition Installment Payment Plan
Partial payments for Registration and Tuition Fees or Non-Resident Tuition Fee are only accepted with an approved Tuition Installment Payment Plan (TIPP) agreement. The TIPP gives CSUF students the opportunity to pay their Registration and Tuition Fees or Non-Resident Tuition Fee in three monthly installments.
- You do not have a past due balance for any prior term.
- You are admitted for the term.
- You have not already paid your current term registration and tuition fees or non-resident tuition fee.
- You may not be eligible to participate in this program if you owe the University money or have a history of payment difficulty.
- You have not been awarded Financial Aid: You should not apply for the IPP if you have accepted a financial aid award or your financial aid file is complete and you are awaiting your award notification.
How to apply
Where to apply: Portal > Titan Online > Student Center > under Finance section, Enroll in Payment Plan.
- Cal Grants (A and B)
- EOP Grants
- Federal Grants
- Federal Supplemental Educational Opportunity Grant (FSEOG)
- State University Grant
- Teacher Education Assistance for College and Higher Education (TEACH Grant)
Meet One of Your Financial Aid Assistants
What are some frequently asked questions at the Financial Aid office?
What is one resource many students don't know about?
Is there a best time to visit the Financial Aid office?
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