Can someone give me an overview of the financial aid options available for transfer students at Pomona College? I'm trying to budget and want to understand what I might qualify for as a U.S. citizen.
Sure, Pomona College promises to meet 100% of the demonstrated need for all admitted students, including transfer students. The college follows a need-blind admissions policy for U.S. citizens, permanent residents, DACA recipients, and undocumented students, not taking into account the ability to pay when admitting students. This commitment stands for all four years of study, not just the first year.
For financial aid, the primary resource for transfer students at Pomona is the Free Application for Federal Student Aid (FAFSA). Every student should fill this out to determine their eligibility for federal financial aid, which can include Pell Grants, Federal Supplemental Educational Opportunity Grants (FSEOG), and loans.
Aside from federal aid, Pomona provides a substantial amount of aid from its own resources. These funds come in the form of grants, which abate the cost of tuition and do not need to be paid back. The amount granted depends on the family's financial need, as determined through the FAFSA and the CSS Profile, which is an additional form Pomona requires.
Additionally, work-study opportunities are available for eligible students. Your financial aid package might include a work-study component, where you work part-time and your earnings are used to fund educational expenses. Work-study jobs might be on-campus or with approved off-campus employers.
Remember, these options are based on your family's financial need, and it's important to complete all necessary paperwork accurately and by the deadlines in order to be considered for maximum aid. Before making any financial decisions, use the net price calculator available on Pomona's website to get an estimate of what you might be expected to pay.
In addition, keep in mind that scholarships and grants offered by other organizations can further help with the costs of education.
Remember also that California residents may qualify for the state's Cal Grant program, which provides funds for education that don't have to be paid back.
If you have any specific questions about applying for aid at Pomona, I would recommend reaching out to the Financial Aid Office. They can provide more detailed information about your individual circumstances.
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