<p>I was recently admitted to UC Santa Barbara. They offered me a financial aid package that covers almost everything. I know that students are required to have health insurance, and it costs about $460.00 per quarter. If I opt to waive the school’s health insurance, will they deduct the cost from my total financial aid package?
Thanks.</p>
<p>UC Davis didn’t reduce my FA last year when I waived the fee. So I’d assume it would be the same for you.</p>
<p>UCLA didnt change my financial aid after waiving my university insurance, you should be fine</p>
<p>If you have comparable coverage, you may waive UC SHIP. Once your waiver is approved, “the insurance charge will be reversed in your account.” Source: [UCSB</a> Student Health - Waiver FAQ’s](<a href=“http://studenthealth.sa.ucsb.edu/UCSHIP/waiver_requirements.aspx#w2]UCSB”>http://studenthealth.sa.ucsb.edu/UCSHIP/waiver_requirements.aspx#w2)</p>