The federal Central Processing Services will inform the student and CSUSB about the student's Student Aid Index (SAI). Then CSUSB will tell the student how much - and what sorts of - aid she or he qualifies for. Federal student aid may not cover all college expenses.
Financial aid is awarded in the form of a package or combination of different types of assistance. Awarding priority is given to undergraduate students who have the greatest financial aid eligibility and who have a completed file in the CSUSB Office of Financial Aid and Scholarships by April 15, prior to the start of the new academic year.
CSUSB defines an academic year as two terms, the first begins in August, the second in January. There are approximately 15 weeks of instruction per term.
All financial aid awards are subject to change based on new financial information or changes in federal or state funding.
| Package | Amount |
|---|---|
| Cost of Attendance (on Campus) | $23,607 |
| Parental Contribution | $800 |
| Student Contribution | $0 |
| Financial Aid Eligibility | $22,807 |
| Financial award | Amount |
|---|---|
| Federal Pell Grant | $5,065 |
| State University Grant | $5,472 |
| Federal Work Study | $4,000 |
| Federal Subsidized Direct Loan | $3,500 |
| Federal Direct Parent PLUS loan | $4,770 |
In the above example, the SAI amounted to $800 ($800 from parents and $0 from the student). The student's need of $22,807 was met through the Pell Grant, State University Grant, Federal Work Study and Federal Subsidized Direct Loan. The student's remaining budget was met through Federal Direct Parent PLUS Loan.
| Package | Amount |
|---|---|
| Expenses (Living at home with parents) | $15,879 |
| Parental Contribution | $0 |
| Student Contribution | $0 |
| Financial Aid Eligibility | $15,879 |