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Hey guys,
Could someone please comment/offer any advise regarding the financial aid packages at the UC's?
Do any UC's offer grants (not counting entry scholarships)?
It is my understanding that UCLA gives 5k in scholarships to each accepted student, but does that mean the remainder will ALL be in loans?
Some private schools offer need-based scholarships/grants to students who still have "need" after taking out a base loan+counting the family's EFC.
For instance:
private: total cost including living (e.g. 60k) - base loan (e.g. 30k) - EFC (e.g. 0) = 30k scholarships/grants.
UC: e.g. 60k - 5k scholarship - EFC (e.g. 0) = 55k in loans?
I'm sorry if my question seems poorly worded, it really shocked me that the cost of attending a UC could be FAR MORE than that of a private school, and I am not sure if I am misunderstanding something here.
Thanks!
Could someone please comment/offer any advise regarding the financial aid packages at the UC's?
Do any UC's offer grants (not counting entry scholarships)?
It is my understanding that UCLA gives 5k in scholarships to each accepted student, but does that mean the remainder will ALL be in loans?
Some private schools offer need-based scholarships/grants to students who still have "need" after taking out a base loan+counting the family's EFC.
For instance:
private: total cost including living (e.g. 60k) - base loan (e.g. 30k) - EFC (e.g. 0) = 30k scholarships/grants.
UC: e.g. 60k - 5k scholarship - EFC (e.g. 0) = 55k in loans?
I'm sorry if my question seems poorly worded, it really shocked me that the cost of attending a UC could be FAR MORE than that of a private school, and I am not sure if I am misunderstanding something here.
Thanks!