Antioch University Santa Barbara

Types of Financial Aid

Home Admission & Aid Financial Aid Types of Aid Types of Aid (Santa Barbara)

Undergraduate

California State Grants

Cal Grant

Cal Grant is a state grant that does not need to be repaid. If you are a California resident, meet academic, financial, and eligibility requirements, and apply by the March 2nd deadline, you may receive a Cal Grant!

Learn more about Cal Grants.

The Golden State Teacher Grant Program

The Golden State Teacher Grant Program (GSTG) encourages students to consider earning a teaching credential and teach in a high-need field, at a priority school, in California for four years, within five years after completing a teacher preparation program. The California Student Aid Commission (CSAC) will award $20,000 Golden State Teacher Grants to over 4,400 eligible students across California, that are enrolled in a Commission on Teacher Credentialing (CTC) approved teacher preparation program on or after January 1, 2020. Applicants must agree to all terms and conditions of the GSTG program or be required to repay the grant. The GSTG awards will be allocated to CTC-approved teacher preparation institutions based on the number/percentage of preliminary teacher credential recommendations the schools graduated, the previ­ous academic year. College and University campuses will nominate applicants using their own selection criteria and procedures to identify eligible students. To apply for a Golden State Teacher Grant, send an email to [email protected].

Chafee Grant

The California Chafee Grant Program gives money to foster youth and former foster youth to use for both tuition and living expenses. To apply, complete the Chafee Application and file the FAFSA by March 2.

Webgrants for Students

The California Student Aid Commission (CSAC) has created Webgrants for Students to provide students with access to manage your Cal Grant and/or Chafee account(s) online. You can check the status of your application, print a copy of your California Aid Report, and view your award status and payment history. This site will also allow you to view updates, make school and address changes, and post leave-of-absence requests.

Federal Grants for Undergraduates

Federal Pell Grant

The Federal Pell Grant is awarded to undergraduate students who have exceptional financial need and who have not earned a bachelor’s or graduate degree. The lifetime eligibility is limited to 12 semesters or the equivalent. The Federal Pell Grant does not need to be repaid. Apply for the Federal Pell Grant when you submit your FAFSA.

Federal Supplemental Educational Opportunity Grant (FSEOG)

FSEOG is awarded to undergraduate students who have exceptional financial need and who have not earned a bachelor’s or graduate degree. FSEOG funds are limited, and once the full amount of the school’s funds has been awarded to students, no more FSEOG awards can be made for that year. FSEOG does not need to be repaid. Apply for the FSEOG when you submit your FAFSA.

Federal Loans & Work Study for Undergraduates

Federal Direct Loans

Students must be enrolled at least half time to be eligible for federal student loans. Subsidized loans are available to undergraduate students with financial need. Unsubsidized loans are available to undergraduate students, and there is no requirement to demonstrate financial need. For July 1, 2019- June 30, 2020, subsidized loans have a fixed 4.53% interest rate for undergraduate students.

Federal Parent PLUS Loan

Parents of dependent students may apply for a Parent Plus loan, limited to the cost of attendance minus other financial aid received. For July 1, 2019- June 30, 2020, PLUS loans have an interest rate of 7.08%. Plus loan borrowers cannot have an adverse credit history. Repayment can be deferred until a student graduates, withdraws, or drops below half-time. Interest accrues from the first disbursement of the loan.

Federal Work-Study (FWS)

The Federal Work-Study program is a campus-based aid program providing job opportunities on campus for students who have established financial need through the submission of the FAFSA. Students must be enrolled at least half-time and maintain satisfactory academic progress. View and apply for open FWS positions at AUSB.


Graduate

 

Federal Loans & Work-Study for Graduate Students

Federal Direct Loans

Students must be enrolled at least half time to be eligible for federal student loans. Unsubsidized loans are available to graduate students, and there is no requirement to demonstrate financial need. For Summer 2019-Spring 2020, the interest rate for graduate students is fixed 6.08% and the loan fee is 1.059%.

Federal Grad PLUS Loan

A Graduate PLUS loan is an unsubsidized loan for graduate/professional students, limited to the cost of attendance minus other financial aid received. Plus loan borrowers cannot have an adverse credit history. Repayment begins once a student graduates, withdraws, or drops below half-time. Interest accrues from the first disbursement of the loan. For July 1, 2019- June 30, 2020, Plus loans have an interest rate of 7.08% for graduate students, and a loan fee of 4.236%.

Federal Work-Study

The Federal Work-Study program is a campus-based aid program providing job opportunities on campus for students who have established financial need through the submission of the FAFSA. Students must be enrolled at least half-time and maintain satisfactory academic progress. View and apply for open FWS positions at AUSB.


TEACH Grants

The Teacher Education Assistance for College and Higher Education (TEACH) Grant Program provides grants of up to $4,000* per year (up to $8,000 total for graduate students) to students who agree to teach for four years in a specific high-need field at an elementary, secondary school, or educational service agency that serves students from low-income families. AUSB has designated the following programs as TEACH Grant-eligible: MA in Education with Multiple Subject and Mild-to-Moderate Education Specialist Credentials or MA in Education with Mild-to-Moderate Education Specialist Credential or Stand-Alone M/M Education Specialist Credential.

*On August 2nd, 2011 Congress passed the Budget Control Act of 2011. This put into place automatic federal budget cuts known as a sequester. Due to sequestration, award amounts for any TEACH Grant that is first disbursed on or after Oct. 1, 2018, and before Oct. 1, 2019, must be reduced by 6.2 percent from the award amount for which a recipient would otherwise have been entitled. Any TEACH Grant that is first disbursed on or after Oct. 1, 2019, and before Oct. 1, 2020, must be reduced by 5.9 percent.


Veterans Benefits – Yellow Ribbon Program

In accordance with our legacy of service and social responsibility, Antioch University Santa Barbara is proud to participate in the Yellow Ribbon GI Bill® Education Enhancement Program, also known as the Yellow Ribbon Program, an initiative established by the Post-9/11 Veterans Educational Assistance Act of 2008. The program will make additional funds available for student-veterans’ education through direct tuition grants, without an additional charge to their GI Bill® entitlement. As a military friendly community, we are pleased to honor U.S. veterans by helping financially support their education.

Learn More About Veteran & Military Connected Student Services

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