Q:

What are some options for UCSD financial aid?

A:

Quick Answer

According to University of California San Diego, options for financial aid include grants, loans, scholarships and work-study. Financial aid is also available for exchange programs, study abroad, internships and UCSD summer programs, but it must be applied for separately. U.S. veterans may be eligible for financial aid via the Veterans Administration office and the California Department of Veterans Education. Aid is also available for active duty military and ROTC members.

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Full Answer

In addition, students sometimes qualify for tuition benefit plans not administered by the university or for vocational rehabilitation financial aid administered by the California Department of Rehabilitation. As UCSD explains, students can also use prepaid educational savings accounts for fees at the university. International students have separate sources of aid. Students who are parents can also take advantage of subsidized child care on the UCSD campus.

UCSD points out that the university awards 96 percent of its financial aid based solely on financial need. Financial need is determined based on an applicant's expected family contribution, which is calculated by formulas established nationally by the U.S. Congress. When a student fills out the Free Application for Federal Student Aid, her expected family contribution is established; any amount over that contribution is the financial need. Funds are provided to meet that need on a first-come, first-served basis. Based on that expected contribution from the student's parents, UCSD offers a financial aid package that is likely to include a combination of loans and work-study.

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