The financial aid process no longer has to feel intimidating and confusing; the student-friendly JBAY Financial Aid Guide for California Foster Youth takes the mystery out of applying for and keeping financial aid. This comprehensive guide begins with an explanation of different types of financial aid available, includes a step-wise guide to completing the FAFSA, tips on what to do after the FAFSA to ensure maximum aid awards, and explains how to stay in good standing and keep getting financial assistance for school.
The state of California has arguably the most generous financial aid available in the country. And the most generous of that CA aid is the Cal Grant - - free money for students (see the attached chart to identify the value of the Cal Grant depending on the type of Cal Grant received and the type of institution attended). For example, a student who is eligible for Cal Grant B and is attending a University of California school will receive $14,226 per year (tuition at $12,570 plus a $1,656 stipend) of Cal Grant funds. That is in addition to a potential Pell Grant (free money from the federal government) of as much as $6,345 per year.
In order to be considered for the Cal Grant, a student must file a FAFSA by March 2. College Options has created a promotional piece to emphasize the need to file a FAFSA by the March 2 deadline.