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| Step Four - How Financial Aid is Awarded | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
How We Communicate With StudentsThe Office of Financial Aid & Scholarships sends e-mail notifications to you at the e-mail address you have on record through your SDSU WebPortal account. These messages direct you to check your AidLink account for important information concerning your financial aid. If for some reason our e-mail to you is returned to us as undeliverable (perhaps because your mail box is full or because your WebPortal address is incorrect) we will use the U. S. Postal Service to send a notice to your physical mailing address. Even if you do not receive an e-mail message from us, it's a good idea to check your AidLink account often. Incoming Freshmen - Estimated Aid EligibilityIf you are a new incoming freshman, the OFAS will send you an e-mail (or paper) notice containing instructions on how to log on to AidLink to review your Estimated Financial Aid Eligibility. We will send this e-mail alert only if you—
Estimated Financial Aid Eligibility is only an estimate based on information you provided.
General Eligibility for Financial AidHow eligibility is calculated:Maximum eligibility (or financial need) is the amount remaining after your expected family contribution and all other types of financial assistance are subtracted from your cost of attendance. The basic formula for calculating your maximum eligibility or financial need is—
How eligibility may be affected:The actual amount of aid you may receive could be less than your calculated eligibility for several reasons—
Notice of ineligibility for financial aid:We send you an e-mail notice directing you to AidLink if you are not eligible for financial aid because you are—
Cost of AttendanceYour cost of attendance (see tables below) is the estimated amount that it will cost you to attend SDSU during the nine-month academic year. Standard costs:Standard costs reflect a modest, adequate living allowance. They include—
They do not take into consideration all individual circumstances or discretionary expenses. Actual expenses:Actual expenses may vary according to individual lifestyle, priorities, and obligations. Adjusting your standard costs:Certain expenses may be considered, including—
To request an increase to your standard costs, complete a Student's Request for a Budget Increase form. Note: Most approved increases usually will be met with Federal Direct Student and/or Parent PLUS Loan programs.
Expected Family Contribution (EFC)Most federal and state financial aid programs are based on the expectation that you and your family will contribute a specific amount to the cost of your education. This amount is determined by a federally approved need analysis. Some of the items considered in determining the EFC are—
Estimating Your EFC and financial aid:You can obtain an estimate of your family's contribution and how much financial aid you may be eligible to receive at a California State University. Simply complete the online form called PAIS (Preliminary Aid Information System) at the CSU Mentor Web site. Get an early start on the information you'll need to complete the FAFSA, obtain an estimate of your family's contribution, and how much financial aid you may be eligible to receive. Complete the online form called FAFSA4caster on the Federal Student Aid Web site. Awarding ProcessAwarding begins in February prior to the academic year for which the aid is being requested. The OFAS will send an e-mail (or paper) notice instructing you to log on to AidLink to review your award. Requirements for financial aid awards:
Adjustments to financial aid awards:The OFAS receives information from other SDSU offices, from outside agencies, and from you that may affect your financial aid award. If any of the information we receive changes your award, the OFAS will send you an e-mail (or paper) notice instructing you to log on to AidLink to review the changes made to your financial aid award.
Declining a financial aid awardAll financial aid awards are assumed accepted except Direct Loans and Perkins Loans. You have the right to decline any or all of your financial aid award. Procedure for declining or reducing financial aid:Send a statement to the Office of Financial Aid Scholarships with your name and SDSU Red ID number, indicating the type and amount of aid you wish to decline. How to decline estimated Direct Loan:Do not activate your Direct Loan.
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