Get Money for College! 

 January 15, 2016 
Greetings to you all!
It is time to get money for college!    
Happy New Year! We hope you had a wonderful and restful winter break. College Applications are now done. It is time to get money for college!  The FAFSA and the CA Dream Act applications are now available to start filling out. Remember both applications close on March 2. It is very important to submit the applications by the deadline in order to get all the financial aid you qualify for! 

Mentees: We'll be getting started with the FAFSA and CA Dream Act applications. For those who are applying to private institutions, the CSS Profile is also required; please check each institution's CSS Profile deadline. 

Mentors: We'll be having financial aid training workshops later this month to provide you with more detailed information on both applications. We will send out the details ASAP so that you can RSVP for which workshop you will be able to attend. 

Also, there are FREE FAFSA workshops through Cash for College, which will be held at many I AM schools throughout the month of January. We hope many of you can attend to ensure that your FAFSA is submitted properly! 

I AM Staff 
What's New?
  • Greetings, College, Get Money for College! 
  • Scholarships
  • I AM Financial Aid Workshop 
  • Cash for College Workshop during January 
  • What Will you Need to Fill Out the FAFSA
  • What Will You Need to Fill Out the CA Dream Act 
  • Difference between the FAFSA and CSS Profile 
  • Spotlight On:
    • How Are UC Applications Evaluated 
    • Mistakes to Avoid During Your Second Semester 
    • CSU's Placement Test: EPT and ELM   
Quick Links

Scholarship Highlight

Asian Pacific Scholarship Fund  

Rotatory Club of Los Angeles Scholarship 

Make it a habit to apply to scholarships throughout your college career!


Amount: 2,500
Deadline: Varies (two scholarships due in January, 2016) 


Amount: Up to $2,500 (renewable each year)
Deadline: February 19, 2016



Join us for our I AM Financial Aid Workshop!  

Where: USC Campus - SOS B49

When: Saturday, January 23, 2015 

Time: 9:00 a.m to 12:00 p.m. 


You are more than welcomed to bring your parents. 

Cash For College Workshops During January and February! 

Cash for College workshops offer FREE one-on-one FAFSA & CA Dream Act assistance to families! 


Submit your FAFSA or CA Dream Act on the day of the workshop, click here for the workshop's times and locations.  


What to bring: 

  • Bring your parent or legal guardian and their financial aid documents such as their 2014 Federal Income tax return, their W-2 Forms, or any records of earned income
  • Bring your Social Security Card, Driver's License, or Alien Registration Card (if applicable)
  • If you are an AB-540 student, AB 540 experts will work with you to determine your eligibility for programs under the CA Dream Act Application, and alternative opportunities for entering the college of your choice. 


What Will You Need to File the FAFSA? 
  • Your social Security Number 
  • Your Alien Registration Number (if you are not a U.S. citizen)
  • Your parents' or legal guardian's most recent tax returns, W-2s or other records of money earned 
  • Bank statements and records of investments, if applicable)
  • Records of untaxed income, if applicable
  • The student must register or be registered with the Selective Service, if the student is male, at least 18 years old, and born after December 31, 1959
  • An FSA ID is needed to sign electronically   

CA Dream Act Application: What You Need to Know 

Not a use citizen or permanent resident? You still may qualify for financial aid due to recent changes in California law. You could be eligible if: 

  • You attended a California high school for at least three years, and 
  • You graduated or will graduate from high school (or the equivalent) in California 
Students holding most nonimmigrant visas (e.g., F or J) are not eligible. 


Documents needed to File the CA Dream Act: 
  • W-2 Form(s) and other records of income 
  • Most recent income tax return 
  • Records of child support, if applicable 
  • Records of student scholarship and fellowships included in your parents taxes, if applicable 
  • Current bank statements 
  • Current investment or business records, if applicable 
  • Current business and farm records, if applicable 
  • Proof of any untaxed income, if applicable 
Difference Between CSS Profile & FAFSA 
  • The CSS PROFILE is administered by the College Board, a nonprofit organization, while the FAFSA is administered by the federal government
  • Since the CSS PROFILE is not a federal government document, it will inform you of all the non-federal financial assistance you are eligible for (i.e., loans, scholarships, grants, etc.). The CSS PROFILE is available for submission as early as the fall of each year, while the FAFSA cannot be submitted until January 1 due to the updates of yearly taxes
  • The CSS PROFILE focuses more on your family's assets while the FAFSA focuses on your family's annual income
  • The FAFSA does not take minimum student contribution into account, while the CSS PROFILE does
  • One of the most significant differences between the two forms is cost. The FAFSA is completely free whereas the CSS PROFILE carries fees. The CSS PROFILE charges a one-time $25 application fee; this $25 fee includes sending the report to one college. CSS charges $16 for sending the report to each additional college. Do not let these fees scare you away from filling out the CSS PROFILE. There are fee waivers available.

How are UC applications evaluated? 
Mistakes to avoid during your senior year! 
CSU Placement Tests: EPT and ELM 
UC applications are reviewed beyond grades and test scores. Staff members spend time evaluating student's academic achievement in light of the opportunities available to them and their capacity to contribute to the intellectual life at UC. There are 14 factors that are weighted to review students applications. These are: 


Your senior year still counts; so stay focused! Colleges and Universities check your second semester of your senior year. Here are some DO NOT DOs during your senior year.  



The California State University requires you to take the English Placement Exam (EPT) and the Entry Level Mathematics Exam prior to enrollment in the CSU unless you are exempt. The EPT and and ELM are not admission requirements, but are enrollment requirements. Thus, not taking these test could jeopardize your enrollment; hence your admission. To find more about the EPT and ELM such dates and exemption requirements...

I AM Schools

* Belmont High School
* Downtown Magnets HS
* Foshay High School
* Fremont High School


* Manual Arts High School
* Marshall High School
* Roosevelt High School
* Roybal High School


* West Adams Preparatory High School
* Ambassador School of Global Leadership


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