How does financial aid work if you decide to stay for 3 years as a Transfer?

<p>So I'm most likely going to stay at UCLA for 3 years. I have decided to switch into Math/Econ and still have many prereqs to complete. I love the idea of being able to space out all my math coursework, as well as being able to pick up the Accounting minor without killing myself in two years. Additionally, I would love to have 2 summers (one for internship, and the other for studying abroad). </p>

<p>I have received around 15k in grants and scholarship from UCLA per year, but how does it work out if you need to stay an extra year to complete your coursework. Some have said that since it is government money it doesn't cease, but has anyone had any experience here?</p>

<p>you are only guaranteed 2 years of financial aid through cal grants. </p>

<p>So if you stay longer they could potentially cut off your funding through the state.</p>

<p>Can your FAFSA award change if you will again next year and show more need? I’m pretty sure I’ll be eligible for more next year. Also, how can I try to secure money for a third year?</p>

<p>what’s your unit count on URSA? UCLA has a 216 unit cap (which equals roughly 5 years taking 12 units per quarter) so once you hit that, i think you have to petition to get more, which most people don’t get. I’m most concered about your many prereqs to fulfill. can you finish the prereqs and all the upper divs in time?</p>

<p>as far as FA goes, you might have to make most of it up through loans or something.</p>

<p>The only aid you’ll get in the 3rd year is your pell grant IIRC.</p>

<p>I’ll be fine. I’m going in with 97.5. Math/Econ + Accounting puts me at 204.5. Checked that out already.
But nonetheless, my only money will come at the federal level? Federal pell grant maximum is 5500 I believe. I got:</p>

<p>5500 Federal Pell
2500 UCLA scholarship
7500 Cal Grant.</p>

<p>So basically I’ll only have Federal Pell left?</p>

<p>I thought you’d only get the PG if you stayed a third year? I’m entering my third year this Fall at my community college and will transfer with 68 semester/102 quarter units. I’ll have 78 quarter units to complete, which is 39 per year… NO way I’d stay a 3rd year at UC, I need to go to law school. Are you sure you want to switch majors and go for that 3rd year?</p>

<p>When are we getting the actual fin aid letter? All I have is still the provisional award letter. When can I find out what is the actual amount I am receiving? Are they going to mail us some official letter ?</p>

<p>I sent you a private message.
There is a limit of 18 quarters of financial aid. 18 quarters may seem like a lot, but as a transfer student, UCLA takes into consideration the time you spend in community college. I don’t know how they equate community college work and financial aid to quarters, or how they know if you did or did not accept financial aid prior to transferring to UCLA. Maybe, it’s not a UCLA thing, maybe it’s simply a federal thing? Prior to UCLA I had done 3+ years of coursework at other colleges. And, from my current experience, UCLA has/is only funding 8 quarters of financial aid. After the 8 quarters(my 8th quarter at UCLA will be in the fall) I would have to pay the bill.</p>

<p>I definitely want to stay for 3 years. 2 years at UCLA will breeze by, and two summers will be a lot more beneficial for me.</p>

<p>I’ve only done two years at a community college prior to this: 6 terms semester system (2 summers). I’m not planning on doing summer every year at UCLA. If I do take my 3 years, and take maybe one summer session, that is 10 quarters at UCLA. If one CC semester equates to one term for UCLA then that 10+6 = 16<18. right?</p>

<p>Also, I only received financial aid for one year during CC. I wonder how it all will work out. Thanks for all the info guys and liek</p>

<p>Maybe 2 semesters = 3 quarters(?), since at UCLA you have fall winter and spring as the equivalent of an academic school year, which at other colleges equates to two semesters-fall and spring. That’s why I don’t know how they calculated the 10 before I transferred.
I do know that I did use financial aid for 5 semesters at one school, and the bog fee waiver for 3 (maybe 4) semesters of community college before transferring to UCLA.</p>

<p>If I were you, I’d recommend playing it safe and getting Math/Econ done in the first two years. Then if it’s a possibility look at accounting during your 3rd year. At least if UCLA notifies you after the 2 years that they won’t pay for you anymore, you’ll have your degree in Math/Econ. Accounting can be learned on the side, through extension courses if you’re dead set on accounting. The exception to taking accounting classes during your 2 years would be if all the other classes for your major are full and you need to maintain full time status, or have space to take the whole 19 units you are allowed to enroll every quarter.</p>

<p>Also, be aware that if you’re not declared under the Math/Econ major, you’ll have a harder time getting all your classes because of priority enrollment to those who are already in the major.</p>

<p>Lastly, there is a graduation requirement the school requires of you per your college. I think it’s 30(?) units of upper division classes in departments that are not in your major. I can’t find the link. I’m also not sure if accounting will satisfy that 30 unit requirements. I’d double check.</p>

<p>Sorry for adding more to your situation, but looking at the degree requirements for the Math/Econ major [UCLA</a> Department of Mathematics](<a href=“Undergraduate Program | UCLA Department of Mathematics”>Undergraduate Program | UCLA Department of Mathematics), unless you only have like 3 lower division requirements to finish, or basically one quarter of lower division requirements full time, it will be impossible to do the accounting on top of the major. 11 lower division classes is a lot! Some of those math classes have enforced requisites, e.g. math 31b requires you to have taken math 31a. Math 32b requires you to have taken courses 31B and 32A (C- or better). just to take math 32b, you would have had to taken 2 quarters at UCLA(and that’s that you probably wouldn’t even be allowed to enroll in the upper division courses)</p>

<p>Math 115 requires you to have taken 33a. To take 33a, you would have had to have finished course 31B or 32A or 3B (C- or better). </p>

<p>Sorry for making this even longer, but what exactly is your goal from majoring in Math/Econ? I know you may not be able to declare econ as a major, but you could technically “major” in econ without it being declared your major, by simply enrolling in the classes on the side on top of your real major. If your concerns are about job prospects, then you should visit the career center to get advise and tips on how to go about showing employers that you have the “econ” education without majoring in Econ.
Maybe just major in the major you were accepted for, and minor in accounting, while taking econ classes on the side. On your resume or cover letter(when applying for jobs/internships), simply list courses that could be attractive to the employer. (e.g. XYZ major with coursework in Econ such as: Finance, Investments, Economitrics, Money and Banking, etc)</p>

<p>Now if the purpose of you majoring in Math/Econ is for graduate school, maybe finishing up the lower division at a community college is the best way to go, and simply reapply to UCLA next year.</p>