Financial Aid

Financial aid is any type of assistance used to pay college costs, including living expenses. There are four main types of financial aid: grants, scholarships, student loans and work-study. Some of them are specifically for foster youth, like the Chafee Grants. Applying for most financial aid is free.

What should I do to get started?

** Download the JBAY Financial Aid Guide for California Foster Youth

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.

It’s Here! A visual companion guide with screen shots of the FAFSA Application and step-by-step tips for completing the FAFSA

Some other good financial aid resources to help you get started include:

What is the role of the financial aid office on a college campus?

The primary goal is to assist students in paying for college and this is achieved by:

  • Evaluating student’s ability to pay educational costs
  • Putting together a package of financial aid awards to meet the student’s need, which may consist of grants and/or self-help aid such as work-study and loans, depending on the student’s eligibility