<p>Hi! I recently got accepted into UC-Berkeley. I would like to attend but as an out of state student, I have to take out $40,000 (35,000 in unsubsidized) in loans each year to attend (My EFC was around 8,000 for Berkeley's purposes). They already gave me $15,000 in gift aid, but it won't really help. Although I cannot use university funds and scholarships to pay for the $20,000 in out of state fees, is there anything else I can do or apply for at this time to reduce the amount of loans I have to take out? Although I want to attend Berkeley, I may decide to attend UT-Austin in my home state since the loans I take out over 4 years at UT would be equal to the amount I take out at Berkeley in 1 year. Thanks!</p>