<p>How much gift aid will you receive once you decide to buy the SHIP health insurance plan? My current gift aid does not reflect the health care plan, but my "Total UC Berkeley Costs" is. This is how they explain the SHIP plan & the gift aid: </p>
<p>"If you choose to waive out the University Student Insurance program, this amount will be deducted from your student budget. If you do not choose to waive out, the Financial Aid Office will offer you additional aid for this cost once the waiver deadline has passed for the term."</p>
<p>Does any current Cal student know how much my Gift Aid will increase by if I choose to buy the SHIP plan? I know I'll end up having to buy it, but I just want to know ahead of time in case extra loans might be needed...</p>
<p>My EFC is 0. </p>
<p>If you need more information, please feel free to ask :)! Thanks in advance :D!</p>
<p>You should keep SHIP because the cost of SHIP will be covered by additional grant in your case. The only catch is that you’ll be charged for SHIP upfront but the reimbursement from additional grant won’t come until a couple of months later.</p>
<p>So does that mean that SHIP will probably be fully paid for through grants? Thanks for the response :)!</p>
<p>It will mostly be covered by grants but like someone previously said, it will take 1-2 months into the fall semester for them to give you the grant because they need to see that you have not waived out of the program and do in fact need the money to cover the cost of it.</p>
<p>Yah, thanks for the reply guys :)! I’m relieve to hear that I won’t need to take out more loans for the SHIP plan :)! Hopefully the whole plan will be covered by grants! Thanks again for all the responses :D!</p>
<p>Is SHIP no longer covered under financial aid?</p>
<p>It doesn’t show up in net cost.</p>