<p>so say my parent contribution is 2500, but my parents bought a house and will not be able to help me out w/ the 2500.
can i get a subsidized loan for the 2500 (i think those are the ones where you don't pay interest ill you graduate) or do they have to take the parent loan (and pay a crazzy amount of interest)</p>
<p>please and thank you anyone ;)</p>
<p>Subsidized loans are loans that the government subsidizes by paying the interest accrued until 6-9 months after you graduate. You can avoid paying interest until after you graduate with a subsidized or unsubsidized loan but the unsubsidized loan will be accruing interest while your in school.</p>
<p>I’m pretty sure you can get an unsubsidized loan to cover the 2500 but i don’t know about a subsidized one.</p>
<p>Shouldn’t this be on your eFAN? Anyway, before you take out loans you should try to figure out how much you’ll actually be spending, since the estimate UCLA gives is quite high.</p>
<p>You could ask the FAO for a recalculated eFAN.</p>
<p>But honestly, I don’t think you’ll be able to get it a subsidized one. It’s possible you could get more added your unsubsidized loans… but more than likely, you’ll have to end up with the parent loan PLUS because there’s a max on the amount of Stafford loans you can get per year.</p>
<p>I’m not completely sure if this is true, but I think the parent loans have much lower interest rates than ones on the private market. Everyone who I have asked about loans have told me to avoid private loans as much as possible.</p>
<p>see this is the thing…im not getting ANY LOANS at all
cuz i have the regents thing, so pretty much everything is covered, except for the 2500.</p>
<p>still no chance of getting a subsidized loan 
?</p>
<p>But if you’re regents and the 2.5k isn’t covered, the other 23.5k (that you’ll probably get) may be enough.</p>
<p>Look at your financial aid package and that’s basically what you can get. You can contact the FAO and see, but just because your parents will not help you out does not mean you will get more aid (subsidized loans are a form of aid since the interest does not accrue till 6 months after you graduate).</p>
<p>ok so im recalculating how much i’ll actually be spending and i have a quick question
you know how UCLA calculates that what you’ll be spending on housing is like 13,314.
what if im in a triple hall and its actually around 2000 less than that…
does the 13,314 include other fees as well or just the housing+meal plan…
cuz if it doesn’t, then technically i won’t need to take out the extra 2500 from my parent contribution :/</p>
<p>anyone?
please and thank you! i know i’m getting sort of annoying by now :/</p>
<p>Refer here for housing rates:
[2009-2010</a> On-Campus Housing Rates (1002806)](<a href=“http://map.ais.ucla.edu/go/1002806]2009-2010”>http://map.ais.ucla.edu/go/1002806)</p>
<p>They include housing+meal plan</p>
<p>yeah yeah i already looked at that. 
so since my room and board is less that 13,000, does that mean i technically don’t need those extra 2000 and therefore i don’t rlly need to take out the loan?</p>
<p>My ePAL said $15,897 for housing/food. If you have a triple in a Res Hall, you’re really spending $10,617. You may want a little extra for spending money, but there aren’t a whole bunch of extra fees from the University.</p>
<p>piink- Correct. UCLA’s estimates were almost always overstated for me. Any overstatement would result in me getting more money than I needed, so I would take out less loans.</p>
<p>QUESTION:
If UCLA estimates annual costs to be 26k, and because of whatever (you get a triple hall and cheap meal plan) you’re annual costs are only 24k, but you’ve already done the loans and stuff… Does that mean I get to pocket 2k and (yes, I know i’ll be paying it back over the next 10 years) spend it on a major car repair or whatever? or does UCLA figure out that they overestimated and therefore automatically reduce your aid/loans…?</p>
<p>yey. this is good ;)</p>
<p>so when are they gonna tell us what our ACTUAL cost for the year is … you know…after they see our housing and meal plans. :)</p>
<p>dude interest rates are at historic lows right now. if your parents can’t afford the interest for $2500 (what is that, a couple bucks a month?), that’s really sad</p>
<p>i swear to god thought they were high… lol i haven’t seen em actually, but i heard… lol</p>
<p>nodnarb - You get to keep the extra 2 grand. UCLA has a set estimated value and they give aid to everyone according to that</p>
<p>piink - UCLA doesn’t flat out tell you what your costs are. You calculate that yourself o_o. Not sure what you were wondering in your last statement. </p>
<p>spoon! - It’s not really about being able to afford the monthly interest. Not sure how low rates are now (are they lower than perkins loans or stafford loans?), but the rates arent going to kill you. Its the accrual that kills. If you have a $1000 loan and your rate is 5% vs 10%, you only pay $50 more a year, which is less than 5 bucks a month more. You can afford that easily, but when that amount accrues for four years, it kinda adds up.</p>
<p>
</p>
<p>Yes. Even if the extra money is grants or scholarships, you still get to pocket it.</p>
<p>
[UCLA</a> Schedule of Classes: Billing](<a href=“http://www.registrar.ucla.edu/soc/billing.htm]UCLA”>http://www.registrar.ucla.edu/soc/billing.htm)
[2009-2010</a> On-Campus Housing Payment Plans (1002837)](<a href=“http://map.ais.ucla.edu/portal/site/UCLA/menuitem.789d0eb6c76e7ef0d66b02ddf848344a/?vgnextoid=6d2c56da92381110VgnVCM200000ddd76180RCRD]2009-2010”>http://map.ais.ucla.edu/portal/site/UCLA/menuitem.789d0eb6c76e7ef0d66b02ddf848344a/?vgnextoid=6d2c56da92381110VgnVCM200000ddd76180RCRD)</p>
<p>You’ll be billed before each quarter for tuition/fees, and you’ll be billed on the above dates for housing. There’s also monthly billing for other charges you accrue. You can figure out how much you’ll pay total by adding the fees, housing and a budget for other expenditures (books, supplies, etc.). The amount you owe UCLA is pretty much already set. The eFAN sets the amount they will give you.</p>