Trying to Understand Financial Aid Info

Colleges and Universities A-Z University of Central Florida
1

<p>Everyone talks about receiving an award letter. UCF said they mailed it but I never received it. They said that I could find the same information online. Here is what I saw:</p>

<p>Aid Year </p>

<p>Award Description Category Offered
Direct Unsubsidized Loan-Fall Loan 1,000.00<br>
Direct Unsubsidized Loan - Spg Loan 1,000.00<br>
Direct Subsidized Loan - Fall Loan 1,750.00<br>
Direct Subsidized Loan - Spg Loan 1,750.00<br>
Aid Year Totals 5,500.00 </p>

<p>Aid Year Institution Aid Year Description
2013 University of Central Florida Award access not available.<br>
2012 University of Central Florida Award access not available. </p>

<p>Estimated Financial Aid Budget Breakdown </p>

<p>Fall 2012<br>
Category Description Amount
Books and Supplies 573.00<br>
Room and Board 4,650.00<br>
Personal 1,138.00<br>
Transportation 900.00<br>
Tuition 2,903.00<br>
Term Total 10,164.00 </p>

<p>Spring 2013<br>
Category Description Amount
Books and Supplies 573.00<br>
Room and Board 4,650.00<br>
Personal 1,138.00<br>
Transportation 900.00<br>
Tuition 2,903.00<br>
Term Total 10,164.00<br>
Total Cost of Attendance 20,328.00 </p>

<p>I am missing something? 'Cause that does not look like an award package. So far my S qualifies for Bright Future and we have Florida Prepaid. Where are all the generous packages I read about. Am I the only one in this situation? What does the above mean?</p>

2

<p>Ours says basically the same thing. We have Bright Futures also, and I guess we (the parents) will be funding the difference, as well as DS getting a part time job. I have estimated our cost of attendance though, and it is quite a bit lower than UCF’s projections. (We live in state)</p>

3

<p>my son was just admitted to ucf from the waitlist…thank god. His finanical aid says the same thing?? There is no free money for us, we also have Bright Future and Fla. pre paid. Is there not anything out there for the average hard working middle class to help their kids out too?</p>

4

<p>There should be a BF projection on there. Call financial aid.</p>

<p>As for the other stuff, they give you non-merit based aid depending on the FAFSA. The later you get accepted, the less likely you are to get grants, as those are first come, first serve. Scholarships, of course, depend on merit or sports.</p>