The world of financial aid can be confusing and tricky. Fortunately at Early College we partner with the Denver Scholarship Foundation (DSF) to assist students and their families through this process. We host a Financial Aid Night for students and parents and a FAFSA Night in the fall.

Financial Aid Night:

(presentation will be in both English and Spanish)
DSF presentation- ENGLISH

DSF presentation- SPANISH

Senior Support Financial Aid 101 Powerpoint:

FAFSA Night:

Wednesday, October 18 from 3:30-7PM CEC Early College, Library (Spanish translation will be available)

ALL students can and must apply completed the FAFSA!!! Undocumented students and students with DACA status CAN – and are encouraged to - complete the FAFSA online!

CEC's FAFSA Night flyer (what to bring)- English & Spanish

FAFSA Information for DACA and undocumented students:

Non-profit organizations that will help low income families do taxes for free:

  • For the sixth year, Emily Griffith Technical College is partnering with the Denver-based Piton Foundation to help hard-working families become more financially secure by providing free tax preparation assistance through the Tax Help Colorado program. Between now and April 4 on most Saturdays, Wednesdays and Thursday, IRS-certified EGTC students and Americorp volunteers will prepare and e-file tax returns free of charge for individuals with household incomes of less than $52,000 a year. __Visit to confirm days and times__.

Financial Aid Glossary

Cost of Attendance: The total amount it will cost students to go to school—usually expressed as a yearly figure. It’s determined using rules established by law. The COA includes tuition and fees; on—campus room and board (or a housing and food allowance for off—campus students); and allowances for books, supplies, transportation, loan fees, and, if applicable, dependent care. It also includes miscellaneous expenses, including an allowance for the rental or purchase of a personal computer. Costs related to a disability are also covered. The COA includes reasonable costs for eligible study-abroad programs as well. For students attending less than half time the COA includes only tuition and fees and an allowance for books, supplies, transportation, and dependent—care expenses. Students should talk to the financial aid administrator at the school they plan to attend if they have any unusual expenses that might affect their cost of attendance.

Expected Family Contribution (EFC): The Expected Family Contribution (EFC) is the amount your family is expected to contribute towards your college expenses. The EFC is determined by the federal government based on the information you provided on the FAFSA. Once you have the EFC, you subtract the amount from the total of your expected college expenses to find out your financial need. The EFC is the same no matter what the cost of your schooling. However, the financial aid needed will vary depending on the cost of your schooling.

Financial Aid Package: The total amount of financial aid (federal and nonfederal) a student receives.

Free Application for Federal Student Aid (FAFSA): The FAFSA is the Free Application for Federal Student Aid. It asks for your family's financial information so it can determine financial need. Financial need is defined as the difference between college expenses and your family's contribution. To determine your family's contribution the federal government uses a formula called the Federal Methodology which takes in to account your family's income, assets, debts, size of family, number in college, age to retirement, and other expenses. You must fill out the FAFSA in order to start the financial aid process. Schools use the federal government's determination of financial need to determine the award package from the school.

Grant: A type of financial aid that does not have to be repaid. Generally, grants are for undergraduate students and the grant amount is based on need, school cost, and enrollment status.

Half Time: At schools measuring progress by credit hours and semesters, trimesters, or quarters, half-time enrollment is at least six semester hours or quarter hours per term. You must be attending school at least half time to be eligible to receive Stafford loans. Half-time enrollment is not a requirement to receive aid from the Federal Pell Grant, Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Work-Study, and Federal Perkins Loan programs.

PLUS Loans: Parents with acceptable credit history can borrow a PLUS loan to pay the education expenses of a child who is a dependent student enrolled at least half time in an eligible program at an eligible school. To apply, parents must complete a Direct Loan application and promissory note that are contained on a single form you’ll get at a school’s financial aid office. The yearly limit on a PLUS loan is equal to your cost of attendance minus any other financial aid you receive. If your cost of attendance is 6,000, for example, and you receive $4,000 in other financial aid, your parents may borrow up to 2,000.

Scholarships: Awards that do not usually have to be paid back. They are given to students who demonstrate or show promise of high achievement in areas such as academics, athletics, music, art or other disciplines.

State Grant Program: State funding coordinated by the state agency that provides grants to needy state residents who meet the eligibility criteria and are pursuing postsecondary education.

Subsidized Loans: Loans on which the federal government pays the interest until the student enters repayment, as well as when the loan has been granted a deferment; during the deferment period the government pays the interest.

Unsubsidized Loans: Loans on which the student is responsible for paying from the date of disbursement until the loan is paid in full, regardless of enrollment status.

Work Study: Work study provides part time jobs for undergraduate and graduate students with financial need, allowing them to earn money to help pay educational expenses. The program encourages work related to the student’s course of study. Most work study jobs are on campus where the advantage is bosses know the recipients are students first.