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Soka University of America is eligible to receive Title IV funding and some Cal Grants. Federal and State Aid is defined as any financial aid originating from Federal or State resources.
While it is the sincere intention of the Office of Financial Aid to offer the same opportunities to all students, Federal and State Aid is only available to US Citizens and a few “Eligible Non-citizens”. With this in mind, the following aid is applied to tuition charges only. If a student receiving a Federal or State Grant has also been awarded the Soka Opportunity Scholarship (SOS), the SOS will be prorated so that the combination of State and Federal Aid with the SOS amount to the awarded amount of the SOS.
This page only details grants and scholarships. Loans and Federal Work-study information can be found on the “Self Help” page.
$602-$5,550 annually │ Need Based
The Federal Pell Grant Program provides need-based grants to low-income undergraduates and certain to promote access to postsecondary education.
Eligibility is defined by financial need which is determined by the U.S. Department of Education using a standard formula, established by Congress, to evaluate the financial information reported on the Free Application for Federal Student Aid (FAFSA). The FAFSA determines the Expected Family Contribution (EFC). Once having completed a FAFSA, your Pell Grant award will be determined by cross referencing your Cost of Attendance (COA) with your EFC. (US FEDERAL DEFINITION OF PELL GRANT)
$2,500 annually │ Need Based
The FSEOG Program provides need-based grants to low-income undergraduate students finance the costs of postsecondary education. This grant is co sponsored by the US Federal Government and the university.
SUA gives priority to those students with “exceptional need” (those with the lowest Expected Family Contributions, or EFCs) and those who are also Federal Pell Grant recipients. (US FEDERAL DEFINITION OF FSEOG)
Cal Grant A and B have very specific eligibility requirements which are only summarized below. It is recommended that you visit the Cal Grant website to read a full description on how to apply and who is eligible.
$9,223 annually │ Projected award over 4 years, $36,892
This grant is applied to tuition fees only and is not for use on other costs associated with your education.
Eligible students must at least:
Students must complete a FAFSA by March 2nd 2013 to be considered for this grant. In addition, students’ high school GPAs must be submitted by March 2nd to CSAC to be considered for the grant. http://www.csac.ca.gov/pubs/forms/grnt_frm/gpaform.pdf
$1,473 annually (4 years) + $9,223 annually (3 years)│ Projected award over 4 years, $33,561*
This grant must be applied to educational costs other than tuition and fees. Qualifying costs would include, but are not limited to, books, supplies, transportation, and room and board. This grant is given in conjunction with the Cal Grant A which means that students receive the two grants at the same time. Both are applied to the appropriate educational costs.
Eligible students will have all of the same requirements as the Cal A recipients but will have lower income and asset ceilings.
*Though the total amount awarded by the Cal Grant B is lower over four years, the funds can be applied to other costs aside from tuition and fees. Students who are receiving scholarships that total the full amount of tuition or more may choose to opt into the Cal Grant B if eligible. This would mean that the student would have the extra funds to use toward other educational costs.
It is important to note that if a student receives Cal Grant A funds for the first year of study, he/she is no longer eligible to receive Cal Grant B funds. Students must opt into the Cal Grant B program from the beginning of study. If you are eligible for both the Cal A and B Grants, you must make the decision about which Cal Grant program you would like to participate in before you receive your first disbursement. This means that you will have to notify CSAC of your choice.