Fin aid question: Unsub loans!!!

Colleges and Universities A-Z University of California - Irvine
1

<p>I did receive my fin aid package from UCI and with grants, loans, work study I am expected to get a little over $24000, everything totaled up. One issue though....</p>

<p>They are asking me to pull out $652 in unsubsidized loans. I found out how unsub loans worked by asking the school and looking it up online and I really do not want to pull these out. Considering the fact that its only $652, would it even be necessary to accept it, or could I deny this loan and work my way around the expected cost of attending UCI. I know that I am going to be frugal on "personal expenses and transportation".</p>

<p>I haven't factored in scholarships yet because I haven't received any :(. But I hope some of you can help me.</p>

<p>Ohh and also if I get a direct subsidized loan for summer school this 08-09 year, will I not be able to get the subsidized loan that they are offering me for 09-10 school year?</p>

<p>THANKS ^_^</p>

2

<p>i declined it…</p>

<p>it just accumulates intrest and makes it more…
it breaks down to lik 200 and some dollars per quarter.
if theres any other way you can pay for it thats what I would suggest.</p>

3

<p>there’s a program at UCI called The PACE Plan… you can make payments over a three-month period/length of a quarter. you gotta sign up for it each quarter if you intend to use that method of payment for registration fees and such. look into it =] I would link you, but I’m on my iPhone…</p>

4

<p>Here’s the link for the PACE plan:
<a href=“https://www.fs.uci.edu/cbs/PACE/toc.htm[/url]”>https://www.fs.uci.edu/cbs/PACE/toc.htm&lt;/a&gt;&lt;/p&gt;

<p>You can accept or decline whatever part of UCI’s FA package you choose.</p>

<p>Your current package is based on the academic year. If you’re interested in attending Summer Session, there’s a separate/additional FA process for that:</p>

<p>[UCI</a> Financial Aid](<a href=“http://www.summer.uci.edu/services/financial/aid/]UCI”>http://www.summer.uci.edu/services/financial/aid/)</p>

<p>Applications for SS FA are due by June 2. Good luck!</p>

5

<p>Thanks for all your help you guys!!!</p>