Payment & Financing Options

Cal Grants (Pending State Approval)

California residents who meet eligibility requirements may qualify for Cal Grants to help cover educational expenses.

• Be a California resident or AB540 eligible  
• Attend a Cal Grant participating California college or university  
• Have family income and assets below the ceilings 
• Not have a bachelor’s or professional degree before receiving a Cal Grant 
• Not be incarcerated 
• New Cal Grant recipients must submit certification of their high school graduation and confirm their college of attendance to CSAC. Students who are awarded Cal Grants can manage their award through the CSAC WebGrants 4 Students website at mygrantinfo.csac.ca.gov.

Cal Grant awardees may elect to receive the full disbursement of their “Access” or “Book and Supplies” awards to use toward educational expenses instead of having it applied to any outstanding balances on the student’s account. By choosing the first option, Cal Grant awardees are responsible to resolve any account balances with their institution. Cal Grant awardees have the ability to rescind options at any time (up to disbursement). Please see your financial aid office for more information.

Chafee Grant

The California Chafee Grant is a federally funded grant administered by CSAC. It provides assistance to current or former foster youth under the age of 26 as of July 1st of the award year, and dependent or ward of the court between 16 and 18 with financial need, to use for college courses or vocational school training. Eligible students may receive up to $5,000 per academic year.