<p>Official Financial aid awards are up!!! I didn’t get an email. just checked.</p>
<p>I got $17,851 which is okay but they did tell me that I would be getting around 1,000 more than that. O well. My government sub loans are for $5,500. I wasn’t sure if I was going to work when I attended but it looks like I am. That’s okay some work experience is good. Anyone have any ideas for a job I can work until Sep 22nd? I am serious. What kind of job can I get now and work until Sep 22nd? Any ideas???</p>
<p>I got a little less than you which makes me sad but I got 2,000 dollar work study which is good! Looks like for a total of 2 years, I probably wont have to take a loan more than 5,000 lol</p>
<p>I have around 22k in grants and 2k in work study. My loans are estimated to be 7500 though but I’m hoping to bring that down. Does anyone know when we can get our aid?</p>
<p>O yeah, I also got 2k in work study. I’m gonna work on campus but not do it through work study, I’ll pay those loans off later.</p>
<p>Do you guys know if working on campus will give you “less” financial aid? Because with this work study thing, I’ll probably have at most 3,000 to owe to UCSB lol</p>
<p>*** they still havent updated mine :(</p>
<p>but i got 12000 from UC grant, are these two the same thing??</p>
<p>Acoustickitty123, no, I don’t think it will give you less but what work study does is pay off your loan as you are at school. You can only make 2k though per year (or 3k in your case). Because of this I’m going to get a job on campus but not as work study because I don’t want that limitation and I don’t want to pay off loans now. I want my loan money and my money from working at the same time.</p>
<p>Good idea swagandtag! I think having a job on campus will be fun! I wonder if they “let you go” once you are done accumulating 2,000 work study dollars.</p>
<p>Hmmm. I’m not sure. I bet you just work all year then at the end they remove 2k from your debt but then again I’m not really sure.</p>
<p>I’m a little confused. From what I’ve read work study isn’t used to pay back your loan instead it’s used as an incentive to be hired.</p>
<p>“Federal Work-Study is a need-based form of Financial Aid. The intent of the Federal Work-Study Program is to encourage your part-time employment while you attend college. It does so by paying a portion of your salary, thus allowing you to become a “better financial deal” to your employer.
Unlike other forms of Financial Aid that you may receive (e.g.: loans, grants, scholarships), your Work-Study award never credits to your BARC account. Your Work-Study award is paid directly to you, as it is earned, through a paycheck. Work-Study payroll cycles begin on the 11th of the month, ending on the following 10th of the month, and a payroll check is issued on or around the first of the following month (e.g. WSP pay period October 11th - November 10th; check date December 1st).”</p>
<p>I got this from the ucsb financial aid website.</p>
<p>Man that confuses me. Maybe the 2,000 is an estimate of how much you will make if you work on campus? I don’t understand it but it just seems like a good idea to work on campus.</p>
<p>I don’t know for sure but I think there are a few restrictions like you can only earn so much a year. You can work the same on campus jobs without work study though. That’s what I’m gonna do.</p>