Confused about UCLA loans and Financial Aid "Eligibility"

Colleges and Universities A-Z University of California - Los Angeles
1

<p>Hi Guys!</p>

<p>So originally I believed UCLA was not offering me any financial aid. Disheartened, I am now choosing all the loans I will be taking out. As I was confirming the amount of loans to take out on their website I noticed there was a graph that said something like:</p>

<p>(Replaced actual numbers with "X")</p>

<p>Budget Summary
Cost of Attendance $33,364.00
Parent Contribution $XX,XXX.00
Student Contribution $XXX.00
Financial Aid Eligibility $9,530.00</p>

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<p>In the "Awards and Notices" section, there was no section for financial aid awarded. What does that mean I am Eligible for this financial aid? I don't want to take out any more loans than I need to. Sorry I am just really REALLY confused about this whole process and it seems like the Financial Aid office never gives me straight forward answers.</p>

2

<p>Direct Loans would consider as financial aid</p>

3

<p>@4kidsdad‌ Serious? Man that doesn’t feel like aid, just a nicer way to extort money. Thank you for the clarification!</p>