El Dorado High School

Financial Aid

Presentation: Financial Aid Night  |  Types of Federal Student Aid  |  Free Application for Federal Student Aid  |  Cal Grant  |  Loans / Work Study  |  Financial Aid Links...

Presentation: Financial Aid NightGo To Top of Page

On October 1, 2018, we had a college financial aid expert give us an overview of  the financial aid process, including instruction on filling out the FAFSA (Free Application for Federal Student Aid).
A copy of the presentation is available here.

Types of Federal Student AidGo To Top of Page

Free Application for Federal Student AidGo To Top of Page

Use this helpful guide to walk you through the FAFSA!

The FAFSA (Free Application for Federal Student Aid) is a federal form for financial aid that is accepted by most schools. The information you provide will be used to figure the amount your family can afford to contribute toward your education (also known as your EFC: estimated family contribution).

The FAFSA for college attendance beginning Fall of 2019 can be filed beginning October 1, 2018, using your 2017 tax year information. 

If your financial or living situation has significantly changed since 2017, you will still be required to use your 2017 information, then follow up with a call to each of your colleges' financial aid offices to explain your situation. You will be asked for documentation.
Financial aid deadlines vary by college, but if you file your FAFSA by December you should be in no danger of missing a deadline. If you are unsure, check your college's website.

Fill out the FAFSA online at www.fafsa.ed.gov.

Families wanting to get a preliminary EFC before they are eligible to fill out the FAFSA can use the FAFSA4caster.

Cal GrantGo To Top of Page

Your Cal Grant GPA will be uploaded to the California Student Aid Commission during fall semester of Senior year. This gpa is calculated differently than most gpa's you've seen, but should be close to what you normally know as your cumulative gpa. There is nothing you need to do, no paperwork to fill out.

What you DO need to do is follow up! It is important for you monitor your Cal Grant status and make sure your GPA actually made it all the way into the state's database. Remember, a missed deadline is a missed deadline, even if it wasn't your fault. After you file your FAFSA. visit webgrants4students to verify your status - you'll need to create a profile. If anything you see (or don't see) worries you, ask Mrs. Yurkovic or your Counselor to help you figure it out.

Loans / Work StudyGo To Top of Page

Stafford Loan
This is a federal student loan. With the unsubsidized loan, the interest accrues while you are in school, but you don't pay it until after you stop attending. With the subsidized loan, the government pays the interest while you are in school.

Work Study
A college might offer Work Study (on-campus employment) as a way for you to meet your cost of attendance. It is important to know that these offers can vary widely from college to college. Work Study is very similar to having an off-campus job, but with Work Study your pay in considered financial aid rather than income.

Other Loans
If you still have unmet need, the PLUS loan is a popular loan for parents of students. Some families choose to use a home equity-type loan. Shop around for best interest rates and repayment options.

Financial Aid Links...Go To Top of Page

  • FAFSA Opens October 1st for college enrollment next Fall.
  • Cal Grant info (EDHS electronically uploads GPA's for all Seniors in the fall without use of a paper form.
  • Webgrants for Students - Students should create an account & check that their GPA came through.
  • CSS Profile - a few colleges require this financial aid application, in addition to the FAFSA. (Your college will let you know.)