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Open House 2014

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Otis Financial Aid

on 31 October 2014

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Transcript of Open House 2014

Michaela Matsumoto
Financial Aid Counselor
The Otis
Financial Aid Process

Agenda
Cost of Attendance

Types of Aid

Application Process

Questions

Cost of Attendance
Types of Aid
Grants & Scholarships
considered "free money!"

Work-study
Part-time on campus employment

Loans
Parent and Student Loans
Federal and Private
Borrow money with interest
Indirect Cost
Housing (Otis $9,000)
Personal, Food, Transportation
Books and Supplies ($1,400)
Direct Cost
Tuition & Fees = BFA $39,240
The exact tuition for 2015-2016 academic year will be available on our website in the spring
FAFSA
California State Grant
Deadline: March 2nd
www.calgrants.org
www.fafsa.gov
Otis Financial Aid Process
Fill out FAFSA
Fill out GPA verification form by March 2nd if applying for Cal Grant
Student might need to submit additional documents if selected for verification
Check email for communication from Financial Aid
Questions & Answers
Phone (310) 665-6880
Fax (310) 665-6884
Email: otisaid@otis.edu

School Code 001251
www.otis.edu/finaid
Scholarships
Grants
Federal
Federal Pell Grant Program

must submit the FAFSA

amounts vary depending on family income
Scholarships
Outside Scholarship - requirement varies
Institutional Scholarships
merit based & need based
average is $10,000 per year
Renewable (for 4 years)
must be full-time (attend 12 units)
maintain 2.0 cuml GPA

Outside Scholarships
www.fastweb.com
www.scholarshipexperts.com
Outside Scholarship - requirement varies
2014-2015
State
Cal Grant Program

must be a CA resident

based on student GPA and family income

complete FAFSA and Cal Grant GPA form by MARCH 2nd!
Full transcript