Is this a good financial aid package?

Paying for College
1

<p>I was accepted to UC Santa Barbara and was wondering if this was a good aid package.</p>

<p>Unofficial Grants and Scholarships=$25539
Possible Cal Grant Eligibility= $12192
UCSB New Freshman Scholarship= $3000
Federal Pell Grant= $5730
UCSB GRANT =$4617
Unofficial Work-Study Eligibility= $2000
Unofficial Loan Eligibility =$7200
Federal Perkins Loan= $1700
Federal Subsidized Direct Loan Eligibility= $3500
Federal Unsubsidized Direct Loan Eligibility= $2000
Unofficial Total Aid= $34739.</p>

<p>Total UCSB Cost Estimate $34739.
Tuition and Student Services Fee $12192
Campus Based Fees $1555
Health Care Allowance $2569
Living Expenses
Room and Board (On-Campus) $14128
Personal Expenses $1681
Transportation $724
Telephone / Cell Phone $395
Books and Supplies $1391
Loan Fees $104
Minus Unofficial Grants and Scholarships - $25539
Equals Unofficial Net Cost = $9200</p>

2

<p>Yes. you’re getting a lot of free money.</p>

3

<p>Thanks for the reply =)</p>

4

<p>That is a pretty standard UC package. It allows you to go to a great college at a minimal cost. </p>

<p>If you reduce some of your expenses, you can reduce the loans you take. You might look for cheaper living accommodations off campus for later years, for instance, and go off meal plan and buy your own food. Buy used books. Get cheap phone plan.</p>

5

<p>Hey, that’s exactly how my package looks like!</p>