debt after graduate

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

<p>ok so this is my epal
UCLA Costs
Registration Fees & Health Insurance $8,970
Books and Supplies + $1,599
Living Expenses + $13,788 </p>

<p>Total UCLA Cost = $24,357 </p>

<p>Gift Aid
Federal Pell Grant $5,350
Scholarship Recognition Award + $10,107 </p>

<p>Total Gift Aid = $15,457 </p>

<p>Net UCLA Costs
UCLA Costs $24,357
Gift Aid - $15,457 </p>

<p>Total Net Cost = $8,900 </p>

<p>Meeting Net Cost </p>

<p>Total Student's Share = $8,900 </p>

<p>Federal Work Study $3,000
Federal Stafford Loan + $5,500
Federal Unsubsidized Stafford Loan + $400 </p>

<p>Total Parent's Share = $0 </p>

<p>Total Net Cost Aid = $8,900 </p>

<p>Total Estimated Aid
Total Gift Aid $15,457
Total Net Cost Aid + $8,900 </p>

<p>Total Estimated Aid = $24,357 </p>

<p>is my cal grant already included in the federal pell grant? if my family income is about 20000 dollars, will any of the grant increase? </p>

<p>and how much debt does people with similar epal has after graduate from UCLA? (in 2 years cause i am a transfer student)</p>

2

<p>Doesn’t look like you got any CalGrant money. My ePAL actually says Cal Grant I think. But because of that my scholarship recognition award is only like 6 grand, not 10 like you have. Odd.</p>

3

<p>Well, look at the numbers, if you take out the Staffords they’re offering you, after two years you’ll have $11,000 in subsidized and $800 in unsubsidized, give or take whatever changes BHO makes for next year’s limits, which won’t be more than a thousand or two max.</p>

<p>Of course, it’s totally different if you get a credit card and ring up a few thousand on there (gotta pay for that spring break trip somehow!).</p>

<p>I have an almost identical package, with $8900 not covered by gift aid, seems like that’s UCLA’s standard for $0 EFC families. I’m not going to take out the loans though, I’m gonna try to cover expenses with a work-study job (you can keep working after you’ve used up your work-study limit, the department just has to pay a bigger share of your wages). So I’m gonna graduate debt free, it’s worth thinking about if you can somehow cover the first quarter’s payment. The $8900 isn’t all billed, remember, since that includes books and “personal expenses.” By my calculations you only have to pay UCLA less than a thousand a quarter; you can spend less than $8900 if you buy your books online, don’t eat out as often, etc.</p>

<p>If you go here you can view your Calgrant status online, it’ll tell you why you weren’t approved:</p>

<p><a href=“CSAC - Student Landing Home”>CSAC - Student Landing Home;

<p>Mine says something like “Scores below cutoff,” whatev, as nodnarb says, Calgrants just reduce your SRA.</p>

4

<p>when i went in there to check my status, it displays Davis as my college of attandence but i only send SIR to UCLA… so what should i do now?</p>

5

<p>Once you logon using the link in UCLAboi’s post, check the status of your CalGrant. Where it says your school of attendance it should have a link that says “School Change”
just click that and change your school of attendance.</p>

6

<p>well i cant change the school so i call them, and it turns out that for renewal student, i can only change the school in june… so has to wait. Well I just hope that UCLA wont reduce the recognition schoolar ship tho. thanks for all the help.</p>