My UCR Financial Aid Estimate for 2009-10

[xAbre1200]

<p>Total Costs
(Fee portion of Costs= $9,231 these fees are subject to change) $24,841</p>

<p>Expected Family Contribution (EFC) $7,401</p>

<p>Estimated UCR Financial Need (total cost minus EFC) $17,440</p>

<pre><code>My Gift Aid
</code></pre>

<p>(Grants and scholarships that do not have to be repaid) $10,640</p>

<pre><code>My Loan/Work Aid
</code></pre>

<p>(Educational loans and student employment) $6,800</p>

<pre><code>My Net Cost
</code></pre>

<p>(Total Cost minus Gift Aid) $14,201</p>

<p>Total Estimated Aid Resources to meet my UCR costs $17,440</p>

<p>So does my family only pay $7,401?</p>

[Lawcha]

<p>No, you pay (Total Cost - GIFT AID), which means money you get for free.</p>

<p>Loans = you borrow money but eventually will have to pay back. Work Aid = They give you a job and you basically work off the debt, so technically not free money.</p>

[tehlunatic]

<p>technically that is only what you have to pay for this year but like he said loans have to be paid back.</p>