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FINANCIAL AID OFFICE 411CENTRALAVENUESALINAS,CA93901(831)7556806FAX(831)7596014 PARENT 20192020 Professional Judgment Form STUDENT ID# STUDENT NAME ADDRESS PHONE NO. DATE Your Estimated Family Contribution
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To fill out how aid is calculated, you need to follow these steps:
02
Gather all necessary financial information, including income tax returns, W-2 forms, bank statements, and investment statements.
03
Complete the Free Application for Federal Student Aid (FAFSA) form online or on paper. Provide accurate and up-to-date information about your income, assets, and household size.
04
Submit the FAFSA form as soon as possible, as some forms of financial aid are awarded on a first-come, first-served basis.
05
Review your Student Aid Report (SAR) to ensure the information is correct. Make any necessary corrections or updates.
06
Receive financial aid offers from colleges and universities. These offers will show the types and amounts of aid you are eligible for.
07
Compare and analyze the financial aid offers from different institutions. Consider the cost of attendance, grants, scholarships, loans, and work-study opportunities.
08
Accept or decline the financial aid offers from the institutions you are interested in attending.
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Follow any additional steps required by the college or university to fully secure and receive your financial aid.
10
Repeat the process each year to continue receiving financial aid.

Who needs how aid is calculated?

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Anyone who is pursuing higher education and requires financial assistance to pay for their education expenses needs to understand how aid is calculated.
02
This includes prospective college students, current college students, and their parents or guardians who may be responsible for funding their education.
03
Understanding how aid is calculated helps individuals assess their eligibility for different types of financial aid, such as grants, scholarships, loans, and work-study programs.
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It also allows individuals to make informed decisions when comparing financial aid offers from different colleges or universities.
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Financial aid is calculated based on the information provided on the Free Application for Federal Student Aid (FAFSA), which takes into consideration factors such as family income, assets, and number of family members in college.
Any student seeking financial aid for college is required to file the FAFSA to determine how aid is calculated.
To fill out the FAFSA, students must gather necessary financial documents and complete the online application with accurate information.
The purpose of how aid is calculated is to determine the amount of financial assistance a student is eligible to receive to help pay for college expenses.
Information such as income, assets, household size, and number of family members in college must be reported on the FAFSA to calculate financial aid.
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