AB 540 Financial Aid

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Securing Your Funding

Once you apply for financial aid through the CA Dream Act, you may need to take additional steps before you can be awarded financial aid and before your financial aid can disburse to cover your expenses. Additionally, even if you have financial aid, after it disburses, it you may not be enough to cover your expenses in-full.


Verification

Verification is a process to confirm the information you provided on your CA Dream Application. If your application is selected for verification, you will be required to provide:

Dependent Student:

  • Dependent Verification Worksheet
  • Student Tax Information
  • Parent Tax Information

Independent Student:

  • Independent Verification Worksheet
  • Student Tax Information

For Tax Filers, the Tax Information required will be an IRS Tax Return Transcript. This is a free document that can be obtained from the Internal Revenue Service (IRS), and is not the same as a personal copy of a tax return received after filing taxes. The Tax Return Transcript documents taxable income, federal income tax paid, and certain untaxed income and/or benefits received.

For Tax Non-Filers, you must submit a copy of W-2 forms if received.
Once your paperwork is turned in, please allow 2-3 weeks for an AB 540 Financial Aid Counselor to review all submitted documentation and correct any discrepancies. After your CA Dream Act Application is corrected and verified, you will receive a financial aid offer.


Selective Service Registration

Males between 18 to 25 years old must register with Selective Service to be eligible for state student aid. A Social Security number is not required to register, so undocumented individuals can register.


If a male does not have a confirmed registration, a Selective Service Hold will appear on the Student Center requesting proof of registration. This hold will need to be cleared prior to the disbursement of any financial aid.


Registration can easily be done on the CA Dream Act by selecting the option to “Register me.” Males under the age of 18 are not yet allowed to register, but should still select “Register me” on the CA Dream Act to resolve the hold in the future.


Males 26 and older that did not register for Selective Service within the specified age range must follow the instructions listed on the Selective Service Verification Form for CA Dream Applicants.



Financial Aid Deadlines

Students can register for classes without paying their fees up front. However, students must have their coverage in order prior to the fee payment deadlines, or their classes will be dropped.

For students receiving financial aid, please be aware of how much of your tuition will be covered. If the student receives state or institution-based financial aid, they will not be required to pay for their tuition by the fee payment deadline. If a student wins a scholarship, the student must ensure the school is aware of their scholarship by submitting a copy of the congratulatory scholarship award letter at least TEN DAYS prior to the payment deadline.

Please be aware that if the grant and/or scholarship does not cover the full amount of fees, the balance due must be paid before school begins. If it is not paid, you will be subject to a late fee and potentially dropped from your classes. You can learn more about fee payment deadlines at http://bursar.sfsu.edu/students_services.

 

 

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