Financial aid at Cal and UCLA

<p>Financial aids at both places dictate <1k contribution annually, so money isn't really a factor in deciding. I am a SoCal local person.</p>

<p>Is the financial aid pretty stable throughout four years? Does having a regent scholarship at UCLA or a near-full ride to Cal guarantee that I will basically do not have to spend substantially over the next four years? (I have procured some scholarship money, Cal grant, etc) I have noticed some fishy remarks in my financial aid letter, something on the line of "one-time offer." Does this mean after the 2nd year, I will have to fill the gap left?</p>

<p>In our families experience, 6 years of UC, the package is relatively stable, if your EFC stays the same.
If you have a mention of a one-time offer, call them or email them to clarify what they mean.</p>

<p>does this apply if say you are a part of the haas program at Cal so you'll be graduating in FIVE years instead of four? will you get the same regents benefits/scholarship offer to cover all but EFC? this may be a concern for me :( b/c i'm really interested in haas but if i can't afford it, then i may as well go to princeton which gave me great aid.</p>

<p>but yeah, you should check with the one-time offer thing. if you have regents, i think it wouldn't matter unless your EFC changes dramatically b/c regetns will cover for all but EFC for 4 years. it doesn't say anything about anything more :(</p>

<p>xrose:</p>

<p>why would attending Haas add a fifth year?</p>

<p>At UCLA, and perhaps Cal, part of your finaid package is called a Grant, and another part a Scholarship. We found that the Scholarship portion was based on maintaining a minimum 3.5 GPA, or they replace the scholarship with loans or work study. Otherwise, pretty stable year-to-year if EFC remains stable.</p>

<p>Haas is a 2 year program that you apply for in the junior year. therefore, this would mean graduating in 5 years instead of just 4</p>

<p>wat do u mean by near full ride at Cal? how u get that haha. but yeah usually financial aid packages should be stable. I think the one year offer is that you must remain eligible and continue to do well...</p>

<p>that is incorrect. One applies to Haas as a Sophomore -- regular graduation is four years.</p>

<p>The 'estimate' part is freaking me out. Does anyone know if what they predict differs from what they actually give you grantwise?</p>