<p>I was very lucky and was accepted to CSULB for Spring 2011.
So I have a quick question about Financial Aid.</p>
<p>I was checking the MyCSULB website and they have a section for Financial Aid for Spring 2011 (never applied for Fall 2010). It says that I was awarded 4500 Unsubsidized and 5500 Subsidized.
So maybe this a dumb question but.... was i awarded 10k total for Spring 2011? and is it separate from the Fall 2011 - Spring 2012 award?</p>
<p>Thanks</p>
<p>The way to know for sure is to look at the semester breakdown on your award notice. Does it list the entire amounts under spring semester? If so, then yes, it is for one term. The amounts are odd, though. Are you considered an independent student? Are you a sophomore? It appears from the info you provided that you are a sophomore independent student who was awarded Cost of Attendance=10,000 for spring term.</p>
<p>The next question is … did you attend any other school in fall & if so, did you borrow loans there? You may only receive your annual maximum, and sometimes the new school packages you without knowing that you borrowed at another school in the same award year. When that happens, your award will be reduced when they catch it (even if you already received & spent a refund).</p>
<p>If you are NOT a sophomore & if you are NOT independent, there is something wrong with the award.</p>
<p>Thanks for your the reply.
It says this amount is for 2010-2011 (Spring 2011). So I think i’m going to receive the full amount which would help with rent and tuition.</p>
<p>I’m transferring from community college to cal state university. I should be considered as a Junior and Independent student.
I was attending community college during Fall semester but I really didn’t need the money to file fafsa loan… </p>
<p>Thanks again</p>
<p>It sounds like you were awarded based on sophomore status. If you are actually a junior now, ask the aid office to increase the sub loan to $5500 if you have enough Need. It will result in a decrease of unsub to keep you within COA, but it’s better for you.</p>
<p>alright thanks.
I think I have enough money… dont want to loan to much</p>
<p>Do be very careful with loans. If they give you max sub and unsub Staffords, you’ll have about the same as most borrow for 4 years in just 2. And as CSUs often take 5 or 6 years to get out of, you could easily end up with a troublesome amount in loans.</p>