<p>So I just checked my account balance and it rose drastically after they added the Dorm fee...
it came out to about $4,145.70 !!!! Just for this Fall term? really? That would mean at least 12K for the whole year! Is this cost the same for everyone else well? I'm feeling very uneasy with the whole tuition..</p>
<p>Thats impossible. The only thing that i can suggest right now is that when you turned in your housing contract, you put the option to pay “monthly” housing fees, rather than “quarterly”. Which means that your housing&dorm fee is displaying your payment for the first MONTH rather than quarter.</p>
<p>edit: or did your grants/loans subtract from the total?</p>
<p>I don’t understand Lawcha’s point. If it was monthly, it would have been less, not more. And yes, the fee would be about 4k for a quarter, which is paid at the beginning of the quarter.</p>
<p>It is 12k for the whole year. It’s the same for other UCs, and I think it is the same (if not more, my friend’s are paying 16k, I think) for other schools. Private schools approximately the same for room and board, but their tuition is higher than UCs, if you are in-state. But yeah, as far as I have heard, that is about the standard price for room and board. Didn’t you know the approximate cost total? It also broke it down for us in our unofficial award letter. The breakdown of the budget is still here:
[UCSB</a> Financial Aid](<a href=“Cost of Attendance - UCSB Office of Financial Aid and Scholarships”>Cost of Attendance - UCSB Office of Financial Aid and Scholarships)</p>
<p>But really, c’mon, I mean, it was in the housing contract we signed… it specifically broke down the cost what the room and board would be with each meal plan. This shouldn’t be a surprise to you.</p>
<p>My bad, I thought the original poster meant that adding on the dorm fee, her TOTAL bill came out to be $4,145.70.</p>
<p>Oh yeah I meant just the Dorm expense lol…
Argh, I’m getting frustrated at the rising cost of the bill. Oh and when do they put loan deductions? So far, I only see my grant and scholarship deductions…</p>
<p>BTW Are any or most of you guys pulling out PLUS loans? My parents are pretty unwilling to do so…</p>
<p>So far, with all the deductions, I have to pay about 6K up front by SEPT.15th…</p>
<p>do any of you guys think it’ll go more up or the dorm fee is the last expense of the transaction?</p>
<p>I don’t think loans are “deducted” from your fee. I think you use the money you get from the loan to pay off the fee, right?</p>
<p>
Last year, my parents wouldn’t take out PLUS loans either… they decided to co-sign a private loan. Repayment for PLUS loans begins 60 days after the funds are disbursed (though you can apply to defer repayment until you graduate, I think it’s this that scares off some parents). ([FinAid</a> | Loans | Parent Loans](<a href=“Your Guide for College Financial Aid - Finaid”>http://www.finaid.org/loans/parentloan.phtml))</p>
<p>And the room and board fee is usually the last fee, after the undergraduate fees and the health insurance fee (unless you got it waived with your own coverage). The RHA activity fee is only charged once, in the fall.</p>
<p>
If you took out a Stafford loan, for example, the loan money goes directly to your BARC account. If you took out a private loan from Sallie Mae, for example, there would be a check sent to the billing department, and you’d have to sign the check and some other paper, and then give the check back.</p>
<p>Whether loans go directly to your BARC account or you have to endorse the loan check is indicated on your online financial aid award letter.</p>
<p>Can anyone tell me what these fees are?<br>
CA Res U/G Fees - whats this?
H&RS-Rm & Bd-Dorm - assuming that’s residential stuff?</p>
<p>CA Res U/G Fees is the tuition.
H&RS-Rm & Bd-Dorm is the cost to live in the dorms and your meal plan.</p>
<p>^Yep. “CA Res U/G” means California Resident Undergraduate fees, and the other one is Housing & Residential Services Room & Board.</p>
<p>I accepted only a subsidized loan and it says “yes” under “paid through BARC account” however I don’t see it affecting my transaction detail…do I just still wait?!</p>
<p>Argh…even though I accepted the loan, its pretty insufficient…should I still push my parents to pull out from the PLUS loans? ( I didn’t qualify for the Perkins or Stafford Loans)</p>
<p>Recommendations? Or do you think its a fair amount to pay for the fall quarter…?</p>
<p>Thanks for your responses. So then would tuition and room/board be the main component/expenses for attending? As in the only costs that would rise above $1,000? or are there other costs as well? If there are, I’m going to be in total debt after graduation :(</p>
<p>
Well, I’ve already received my unsubsidized Stafford loans (I got my distribution on August 10th, if you’re wondering). You’ve got about a month, but if you’re concerned, I guess you should give them a call.</p>
<p>If you’ve already borrowed the freshman maximum $5,500 for the year in Stafford loans (about $1,833 a quarter), then I’d guess you have a BARC balance for this quarter of about $5,700 (minus whatever grants, etc. you have). I really can’t say what is best for you, but I don’t think there are many choices. Either you pay off the balance with your money/your parents’ money, or you borrow the money (or some mix of the two). You should ask your parents how they planned on covering the rest - in other words, did they plan to take out a loan on your behalf.</p>
<p>I’m not sure what you mean by “a fair amount to pay for the fall quarter.” I don’t believe you can leave a balance on your BARC account.</p>
<p>
Yes, those two are about it. But if you consider annual costs, student health insurance will end up being about $1000 for the year, unless you have a waiver. </p>
<p>Oh, and don’t forget books… that could run you a good amount of money as well.</p>
<p>Oh yea, do you need to complete the interview and promissory note before you accept the loans or afterwards?</p>
<p>Also, is there two different types of interviews and promissory notes? It says that if i take the perkins loans, i gotta complete a perkins questionair and promissory note and a seperate one for direct loans if i choose to accept it, yet i dont see a link for the perkins one.</p>
<p>about how long does it take for the distribution of loans to appear/affect your BARC account statement? Should I wait a week before calling?..</p>
<p>So…loans do get disbursed for that quarter no matter when as long as you accepted it right?
Do they sometimes delay it, pass the quarter fee?!</p>
<p>No, I don’t think they would delay it, because then you’d be late. </p>
<p>Look, I think you are fine. You have already applied and been accepted for the loan. It will be added to your BARC account, unless there is an error. We have a little less than a month left before the fee, plenty of time for them to process it. I would definitely wait a week after you loan was accepted. Remember, they have to process not just your loan, but the loans of thousands of other students! Calm down. :)</p>
<p>As for the PLUS loans, why are you parents unwilling to take it? Have you spoken to them about how they would like to cover the rest of your fee? You should know approximately how much you will owe after your bill gets deducted. Perhaps they have some savings and would rather pay it upfront, than deal with interest later. Maybe they want to take a private loan. Why don’t you just ask them what their plans are?</p>
<p>
I’m pretty sure that you do the interview and questionnaire before you request the money, and it looks like there are separate entrance requirements for each loan (see below).</p>
<p>I don’t have experience with Perkins loans, but this is what the award letter says:
So I’d check there. But there’s also a direct link to Perkins entrance requirements on the “loan counseling” page on the UCSB financial aid site: [url=<a href=“http://finaid.ucsb.edu/LoanCounseling.asp]UCSB”>http://finaid.ucsb.edu/LoanCounseling.asp]UCSB</a> Financial Aid - Loan Counseling<a href=“I%20mentioned%20the%20Student%20Loan%20Request%20Form%20one%20first%20because%20I%20don’t%20know%20if%20that%20gives%20you%20an%20individualized%20link%20or%20something%20like%20that.”>/url</a></p>
<p>If I sent a PLUS request now, do you think it’ll be too late for it to be disbursed prior to the fall quarter deadline?!</p>
<p>You have time. If it doesn’t go through you can defer payment for like $10.</p>