financial aid

Colleges and Universities A-Z University of California - Los Angeles
21

<p>Nope. According to UCLA Financial Aid Office, they WILL reduce your work-study/loans first if you receive any outside scholarships. Only after all work-study and loans are deducted will FAO then reduce your University Grants. To quote from the FAO website:</p>

<p>"Because UCLA meets 100% of your demonstrated need, the receipt of aid from outside sources does make an adjustment to your aid necessary. In order that these awards can help a student as much as possible, it is our policy to replace a student's self-help (loan and work awards) first. If the amount of outside aid received exceeds the amount of loan and work in your package, grants are then reduced."</p>

<p>FAO cannot touch your Pell Grants, University Scholarships, Cal Grants, FSEOGs, or ACGs (This was confirmed by phone calls to FAO). So, technically speaking, if you managed to get enough scholarship money to cover your University Grants, Work-Study, and Loans, anything leftover would be yours to keep.</p>

22

<p>but my cal grant reduced my huge University Grant and then it gave me huge loans</p>

<p>i had 8k University Grant..... then i tell them i have cal grant, and then BAM i get 740$ of university grant.</p>

23

<p>Wait, what was your timeline for reporting awards? FAO should've already known about the Cal Grant aid in the first place, since it was filed through FAFSA. </p>

<p>If FAO did use your Cal Grant to reduce University Grants before loans, give em a call. They're violating their own policy. The quote I used is located under their FAQ -> Loans section.</p>

24

<p>i think yours applies to non state aid... like if i got some scholarship from FORD motor company, stuff like that. </p>

<p>i think b/c it was a state grant it reduced uni grant. i remeber reading that on financial aid too though.</p>

<p>They did not know about the cal grant until i told them.</p>

25

<p>My scholarships were all in-state, so I dunno. But state grants reducing university grants is weird, to me. I'd still say call them, or just talk to your financial aid counselor, just to see whats up.</p>

26

<p>I think the way it works is that first fed and state grants kick in, then, whatever financial need is left is covered by university grants.</p>

<p>My son was offered Regents at one UC and at that school, his need was covered in full without loans or workstudy.</p>