<p>Just say my unofficial UCSB aid i got about 12,000 in UCSB grant pretty much enough for tuition. Would it be a dumb move to take out loans for housing? I cant afford to pay rent if i move, since more than likely my spouse and I will only work part time.</p>
<p>Is anyone else going to be taking out loans for housing? </p>
<p>wait I’m sorry I’m not following. you already live close enough to ucsb to commute? </p>
<p>and exactly why would taking out a loan for housing be dumb?</p>
<p>@mr401k - He asked if it’d be a dumb move to get a loan not that he lives close.</p>
<p>@sonic23 - No it’s a good move just try to be conservative and don’t borrow an insane amount, and most importantly try to use only subsidized student loans.</p>
<p>And in the summers if possible when going to school try to work full time to help defray costs that will occur throughout the school year when you can only work a little.</p>
<p>Hope that helped</p>
<p>I think a lot of people are in the same boat. For instance, those who qualify for the blue and gold program get enough grants and scholarships to pay for tuition, but will most likely need to take out loans to pay for housing. I’d say it’s normal to do that. I will be also.</p>
<p>@mvillas21 - Actually if you don’t qualify for a Cal Grant and instead are awarded the Blue and Gold and you have a low EFC the Blue and Gold is supposed to be really really good.</p>
<p>From the UC about the B&G, “In addition to the minimum funding under the Blue and Gold Opportunity Plan, undergraduates with sufficient financial need will receive additional grant support to help defray other educational expenses (e.g.: books, living expenses, transportation, etc.).”</p>
<p>@Matt4200 Thanks for the additional info. I hadn’t heard about that part of it. </p>
<p>I qualify for blue and gold and not cal grant or pell grant. UCR gave me enough grants to cover tuition school fees books and a little extra. UCSB gave me exactly enough for tuition and nothing else. Therefore I will be taking loans </p>
<p>I feel overwhelmed taking out loans since a coworker said its ridiculous to take out loans to pay rent. But if my tuition is being paid for it’s not too bad I guess</p>
<p>@sonic23</p>
<p>On the bright side, by going to community college and transferring, you’ll have saved a lot of money and you probably won’t be drowning in debt like so many students who were accepted to universities straight out of high school.</p>
<p>Just remember to borrow responsibly and you should be fine.</p>
<p>@sonic23 - Everything is still
Unofficial right now so it could still go up.</p>
<p>And yeah it might sound ridiculous to say you have to take out loans to pay rent but it’s just something most people have to do to cover their cost of attendance while pursuing a 4 year degree.</p>
<p>Just take some time and figure out your expenses and how much your combined jobs can and will cover and from there figure out how much more you’ll need and just get a loan for that amount.</p>
<p>@sonic23 - on a side note do you know what housing is good at/by UCSB for someone who would want to rent a room with their significant other like you are?</p>
<p>@Matt4200 believe it or not I’ve been finding yelp helpful to find apartments by there that are not “too loud” there are a lot of ucsb students on yelp who review places at or by ucsb and seem to be helpful. I found two places so far that are not too far from school but far enough from a party scene, which is what I am looking for. </p>
<p>@cayton that’s true I’m glad I will only have to borrow for 2 years instead of 4. It’s going to make a big difference in the amount of loans I’ll left with in the end </p>
<p>Do apartments consider loans as a form of income? I will not have a job, and will be using loans to pay for housing. Will this be an issue?</p>
<p>Nope just say you’re a student and at most they’ll ask for proof that you’re getting the loan if it’s pretty close to campus</p>
<p>I would ask to see if they can match your award from UCR. It doesn’t hurt to ask! ;)</p>
<p>@whitetiger84 - I asked lol this is what I got </p>
<p>"
You should also know that the Packaging parameters are different for every school, even within the UC System. So XXXX is obviously able to offer you the additional aid and it’s not something that we would be able to match dollar for dollar."</p>
<p>@Matt4200
Oh man, sorry to hear that. :(</p>