<p>Hello, </p>
<p>My EFC is about 14000..Do you guys think i'll get any money at UC? My parents only make about 70K a yr.</p>
<p>If you are a California resident you will probably get small grants, plus loans and work study. The cost of attendance at UC's is around $23,000 -- about $5K of that will be met through self-help aid. That leaves about $3000 need. My experience has been that the UC's come close to meeting full need, if not all the way.</p>
<p>Calmom, </p>
<p>thanks for your reply. I am a CA resident, but can you tell me what work study is? and by self-help aid you mean the money that i saved up over the years? </p>
<p>thanks</p>
<p>"self help" means loans and work-study -- a loan is self-help because you pay it back; work-study is self-help because you work to earn money.</p>
<p>Work-study is a federally-subsidized program that lets you get an on-campus job; the federal government pays part of the money that you get with your pay check, and you do not have to pay income taxes on the earnings.</p>
<p>With student loans, the federal government pays interest while you are in school, and you do not have to start paying the loans back until after you graduate.</p>