<p>Lets take a family with a 5000 EFC, the netprice calculator gives the following.</p>
<p>Expected Family Contribution
Student Contribution:$0.00
Parent Contribution:+$5,000.00
Expected Family Contribution:$5,000.00
Estimated Award Letter
Grant Award: $19,377.00
Self Help Award: $9,800.00
Family Help Award: $5,000.00 - $5,500.00
Estimated Total Price of Attendance
Tuition and Fees $16,160.00
Room and Board+ $13,805.00
Books and Supplies+ $1,444.00
Other Expenses+ $2,768.00
Total Cost of Attendance $34,177.00
Grant Award:- $19,377.00
Estimated Net Cost: $14,800.00</p>
<p>How would this change if a student got the 6000 Regents Scholarship?
Would the Regents reduce the self-help?
Or would it reduce the Grant Award?</p>
<p>If it reduces the Grant Award, then Regents does not help low EFC students that much, does it?</p>
<p>Different campuses seem to have different ways of awarding Regents money. UCLA says “If a Regents scholar has additional financial need beyond the $2000 honorarium, the scholar will be awarded university scholarships and/or grants to cover the remainder of the scholar’s need.” Under the OP’s facts, this would appear to mean he/she should get a UCLA Regents amount of $9800 per year (so all costs are covered except for the $5000 the OP’s family must contribute).</p>
<p>I can’t find anything that suggests that UCSB does this. So apparently UCLA has chosen to offer a smaller amount to everyone, and use its remaining funds to help those with need. UCSB has chosen to offer a bigger amount to everyone, and not offer anything additional to those with need.</p>
<p>This doesn’t answer the OP’s question, unfortunately. However, my guess is that the people who run the Regents program would not be happy if they gave $6000 to a top student, and then the financial aid office just reduced its award by $6000. The goal of the Regents office is to attract top students, not to help out the financial aid office. So it seems probable that the OP would get $6000 in addition to the other grant amounts. Note that the Regents letter was signed by the Chancellor, and he sets the policy at the financial aid office. </p>
<p>Of course, a call or email to UCSB might quickly answer the OP’s question.</p>
<p>I contacted Financial Aid at UCSB. She says that a Regents award doesn’t reduce other grants, provided that total grants don’t exceed total need. </p>
<p>I got the UCSB Regents package in the mail the other day. I believe UC’s try to meet all demonstrated need. Regents Scholars receive the $6000/year but for students that have demonstrated financial need, the school will also try to offer the difference in need-based aid in the form of other grants.</p>