Financial Aid Status

<p>Have you guys submitted all the required documents for financial aid and are your files complete?</p>

<p>School starts in a few weeks and I still haven't received any document requests from Berkeley's FAO.</p>

<p>You better log into their financial aid system and your status will be there. Usually if you file the Fafsa, that is about it. For loans, you have to sign all those contract documents.</p>

<p>Thanks! ~more chars</p>

<p>I wonder how much grant do they give out this year? And do you receive the "Bears scholarship"? I am just curious to see if they keep giving out that Bears scholarship.</p>

<p>Let me extract that information from the site.</p>

<p>Berkeley Ug Scholarship 6963.00
Fed Seog Grant Fall 250.00
Fed Seog Grant Spring 250.00
Fed.dir.loan-sub1 Fl 2750.00
Fed.dir.loan-sub1 Sp 2750.00
Federal Pell Grant-fall 2366.00
Federal Pell Grant-sprg 2365.00
University Fee Grt1 Fl 245.00
University Fee Grt1 Sp 245.00
Work Study Eligibility 2790.00</p>

<p>Thank you very much for sharing... oh now they change "bears scholarship" to "Ug Scholarship" . congratulation, that is a pretty good financial aid package right there! Are you borrowing any loan?</p>

<p>Besides, from my understanding, Pell Grant can't exceed $4050 per year but you have more than that. I really wonder what happens there?</p>

<p>Yeah, like really, I have no clue why my pell grant exceeded that amount. I was very satisfied when I first saw my award letter (still am). . . . About the loan issue, I will most likely end up accepting whatever loan I'm offered, and as soon as I graduate I will pay it back.</p>

<p>kevin101: they raised the pell limit to 4,731. it's the same amount i am getting with SC</p>

<p>question, if i convert my work-study to loans, will berkeley take away my other grants?</p>

<p>TheIcon, from your provided information, I think your grant is good enough to cover the expenses; in your case, you should not borrow loans and yeah of course you better not spend so much during your college years. Grant is basically free money but loans must be paid back; don't use loan when you don't need to because the interest pile up really quickly. </p>

<p>1lazysoul, wow, you (the current undergraduate students) are so lucky to have 4,731 limit. If they changed it 4 years ago, I would have like 700 more each year and times 4 = $2800 more in my undergraduate career. :( </p>

<p>beloved002, I think you can convert work-study to loans and that action would not affect your grants. Scholarships will affect your grant if the scholarships > awarded loans.</p>