• Loans-These must be paid back.  The interest rate and terms vary according to your financial need.
• Grants-These do not need to be repaid.  There are both state and federal grants depending on your need.
• Work Study-This program consists of federally subsidized work and depends on your financial need.

The first step in applying for financial aid is to fill out the Free Application for Federal Student Aid (FAFSA).  This form determines your eligibility.  You can fill out the FAFSA online for free at http://www.fafsa.ed.gov/

Calculate your eligibility for financial aid with the FAFSA calculator: http://www.embark.com/UserProfile/login.asp

Here are some other great resources to assist you in obtaining information and applying for financial aid:

This website explains the basics of how to apply for federal financial aid and scholarships:http://www.finaid.org/

The California Student Aid Commission Homepage provides information on how to apply for state financial aid and scholarships.  Check out the new expanded Cal Grants for Community College students:: http://www.csac.ca.gov/

View a copy of the Student Guide published by the US Department of Education. The guide has information about eligibility, types of aid available and how to apply: http://www.ed.gov/prog_info/SFA/StudentGuide/

Find out how to fund your education and access the Student Guideline. Learn about tax cuts for education, receive a loan and find other sources of federal financial aid: http://www.ed.gov/offices/OSFAP/Students/student.html