<p>Well after checking my financial aid package and all, I noticed that along with my Federal Pell Grant that I also received the scholarship recognition award. This award is actually paying for the majority of my gift aid, and I need this money in order to continue attending UCLA for all 4 years. However, when I read the description, it stated that it would only last 1 year and that the years after that, university funds would cover it. </p>
<p>My question is, will university funds give me approximately the same amount? The SRA gives me about $13,000. The award is based on academics and on financial need, so yeah.</p>
<p>I think it's just their version of an institution grant. When I place my cursor over it, a little thing pops up and explains that it's to recognize the outstanding merit for having been accepted into UCLA.</p>
<p>"I think it's just their version of an institution grant."</p>
<p>No. Not according to the brochure (doc) that mme-lin posted. The "institution" (University) grant kicks in Year 2 and beyond. I.m.o., there are 2 reasons for the SRA:<br>
(1) because the Cal Grant B is short on the first year, more generous on subsequent, I think it's UCLA's way of capturing that f.a. population that is high-achieving. (Grant B is the grant of choice for those who are likely admits to competitive privates as well as publics.) Lots of people would not enroll if they had to wait for Year 2 for more $ to kick in.
(2) Their version of "merit" scholarship? Hey, they get to play the game, too. (Just like privates.) ;)</p>