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It explains what financial aid is, how to determine the cost of college, and how key measures such as the Student Aid Index (SAI) affect eligibility. The guide outlines gift aid, work-study, and loans, then walks families through FAFSA and CADAA concepts, accounts, and step-by-step completion, including guidance for undocumented students. It also defines essential program terms and relevant California laws.",{"@graph":63,"@context":119},[64,80,102],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":41,"@type":70,"position":76},"https://docshare.wps.com/template/letters/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/a-parents-guide-to-financial-aid-updated-for-the-2026-2027-award-year/306553/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/a-parents-guide-to-financial-aid-updated-for-the-2026-2027-award-year/306553.png","ImageObject",442,249,{"name":88,"@type":89},"River Wang","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-07","2026-09-19",true,{"@type":98,"interactionType":99,"userInteractionCount":101},"InteractionCounter",{"@type":100},"ViewAction",8,{"@type":103,"mainEntity":104},"FAQPage",[105,111,115],{"name":106,"@type":107,"acceptedAnswer":108},"What does the guide update for the 2026-2027 award year?","Question",{"text":109,"@type":110},"The guide highlights updates to FAFSA and CADAA and provides step-by-step support for families during the application process.","Answer",{"name":112,"@type":107,"acceptedAnswer":113},"What financial aid categories does the guide cover?",{"text":114,"@type":110},"It covers gift aid, work-study, and loans, explaining how these help pay for college.",{"name":116,"@type":107,"acceptedAnswer":117},"How are parents and caregivers supported in completing FAFSA and CADAA?",{"text":118,"@type":110},"The guide explains key FAFSA concepts, how to create a StudentAid.gov account, and how to complete the forms as a parent, along with CADAA guidance for families.","https://schema.org",{"og:url":78,"og:type":121,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":123,"canonical":78},"index,follow",{"doc_id":125,"site_id":56},306553,1790378089,{"code":4,"msg":5,"data":128},{"doc_id":125,"user_id":129,"nickname":88,"user_avatar":130,"doc_module":9,"category_id":40,"category_name":41,"doc_title":59,"doc_description":61,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":101,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":136,"language":137,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":138,"faqs":139,"seo_title":140,"seo_description":61,"update_tm":141,"read_time":142},1099514067438,"https://ap-avatar.wpscdn.com/avatar/100002539ee87300030?x-image-process=image/resize,m_fixed,w_180,h_180&k=1780474512215547542","A PARENT’S GUIDE TO FINANCIAL AID  \nAn Education Advocacy Organization  \nUPDATED FOR THE 2026-2027 AWARD YEAR  \nRSVP for our financial aid webinar series:  \nDear Champion,  \nEach year, I am reminded that behind every FAFSA or CADAA form is a family – parents, caregivers, educators, counselors, or friends – working tirelessly to help a student step closer to their future. You are the champions who make college possible.  \nI have long been a champion – an auntie, sister, teacher, and friend – supporting students as they navigate and submit financial aid and scholarship applications. Now with a new little one of my own, I’m entering aid award season with fresh eyes as I think about all that I hope will be possible for him when he’s completing the FAFSA as a member of the class of 2043.  \nWhen I think back on my own journey, I remember how close I lived to California State University, Stanislaus – my elementary school, neighborhood park, and home were all just a block away. College felt near, but it also felt full of unanswered questions: How do you get in? How do you pay for it? What is the FAFSA? Like many students, my family and I had to figure out and navigate the financial aid process largely on our own.  \nI want so much more than this for my child and all our children and I know that so many champions do too. At GO we’re committed to supporting families as they navigate the complexities of the financial aid process – from signing up for CalKIDS to completing the FAFSA or CADAA.  \nI know firsthand that access to financial aid can be the difference between a student seeing college as possible or out of reach. Yet, each year, millions of dollars in aid are left unclaimed by students who are eligible. Together, we can change this.  \nThis year, our guide highlights updates to FAFSA and CADAA and provides step-bystep support. In response to your feedback, we’ve also developed supplemental resources to support families as they navigate the process. Be sure to follow us on social media media (Facebook |LinkedIn) for access to these additional tools throughout the application season and for invitations to our fall and spring webinar series. Follow this link to stay connected to our work and to learn more about how you can get involved now and in the future.  \nIt is my sincerest hope that this year’s A Parent’s Guide to Financial Aid helps your family, or a family you know, take advantage of financial aid. Whether for a highschool senior, community college student, or adult learner, these resources open doors to brighter futures.  \nWe invite you – our champions for students – to join us in ensuring that every family has what they need to successfully apply for financial aid. Together, let’s help more students lead lives of their choosing, lives filled with joy, purpose, and above all else, opportunity.  \nTABLE OF CONTENTS  \nA Parent’s Guide to Financial Aid 2026-2027  \n\n| Glossary of Terms | 4 |\n| --- | --- |\n| Introduction | 6 |\n| Workbook Goals and Overview | 9 |\n| What is Financial Aid? |  |\n| Determining the Cost of College | 11 |\n| Understanding the Student Aid Index (SAI) | 13 |\n| Paying for College | 20 |\n| I. Gift Aid\u003Cbr>II. Work-Study\u003Cbr>III. Loans\u003Cbr>Financial Aid Applications | 21 |\n|  | 29 |\n|  | 31 |\n|  |  |\n| Accessing Higher Education as an Undocumented Student | 35 |\n| Who is Considered a Parent for the FAFSA and CADAA? | 37 |\n| FAFSA |  |\n| What Parents Need to Know About the FAFSA | 39 |\n| Understanding Key FAFSA Concepts | 40 |\n| Creating a StudentAid.gov Account | 44 |\n| Starting the FAFSA Form as a Student | 46 |\n| Completing the FAFSA Form as a Parent | 52 |\n| Determining Family Size | 55 |\n| CADAA |  |\n\nWhat Is the California Dream Act Application (CADAA) ? 59  What Parents Need To Know About the CADAA 61   \nCADAA Walk-Through 62  Determining Family Size 68  Your student submitted the FAFSA or CADAA, what’s next? 73  Resources 74  Acknowledgments 77   \nGLOSSARY OF TERMS  \nAB 1780:  \nA new California law that ens","cbCaiqZ3DjFvbpKN","https://ap.wps.com/l/cbCaiqZ3DjFvbpKN","pdf",67052878,78,"English","# Introduction\n## Workbook Goals and Overview\n# What is Financial Aid?\n## Determining the Cost of College\n## Understanding the Student Aid Index (SAI)\n## Paying for College\n## Financial Aid Applications\n# Accessing Higher Education as an Undocumented Student\n# Who is Considered a Parent for the FAFSA and CADAA?\n# FAFSA\n## What Parents Need to Know About the FAFSA\n## Understanding Key FAFSA Concepts\n## Creating a StudentAid.gov Account\n## Starting the FAFSA Form as a Student\n## Completing the FAFSA Form as a Parent\n## Determining Family Size\n# CADAA\n## What Is the California Dream Act Application (CADAA)?\n## What Parents Need To Know About the CADAA\n## CADAA Walk-Through\n## Determining Family Size\n## Resources\n## Acknowledgments\n# Glossary of Terms","[{\"question\":\"What does the guide update for the 2026-2027 award year?\",\"answer\":\"The guide highlights updates to FAFSA and CADAA and provides step-by-step support for families during the application process.\"},{\"question\":\"What financial aid categories does the guide cover?\",\"answer\":\"It covers gift aid, work-study, and loans, explaining how these help pay for college.\"},{\"question\":\"How are parents and caregivers supported in completing FAFSA and CADAA?\",\"answer\":\"The guide explains key FAFSA concepts, how to create a StudentAid.gov account, and how to complete the forms as a parent, along with CADAA guidance for families.\"}]","A Parent’s Guide to Financial Aid - Updated for the 2026-2027 Award Year | PDF",1789838070,27]