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FINANCIAL SUPPORT
Financial Aid Office
(310) 206-0400 The deadline for filing all undergraduate financial aid applications is March 2 (or the Friday before that date if March 2 falls on a weekend). Applications received after the deadline are only considered if funds are still available. The Financial Aid Handbook contains complete details on all aid. Obtain a free copy at the Financial Aid Office, A129J Murphy Hall, UCLA, Box 951435, Los Angeles, CA 90095-1435. Students do not need to come from low-income families to qualify for financial aid. However, those who apply for need-based aid--including grants, loans, work study, and some scholarships--must demonstrate financial need, which is defined as the difference between the cost of attending UCLA and the amount that they and their families should be able to contribute. No financial aid can be awarded to international students in their first year of attendance at UCLA. To qualify for aid, students must also comply with minimum progress standards, which set unit and grade-point average requirements as defined in the Appendix of this catalog. Free Application for Federal Student Aid To evaluate financial need, all students who apply for need-based aid must provide financial information on the Free Application for Federal Student Aid (FAFSA). If students are financially independent according to the federal financial aid guidelines, their own financial circumstances are analyzed rather than those of their parents. The University expects that students and their families bear as much of the cost of a student's education as their circumstances permit. The FAFSA is used to apply for all federally funded programs, funds administered by UCLA, and Cal Grants administered by the California Student Aid Commission. Loans that are not need based are also available to all students who complete FAFSA. The FAFSA is available from California high schools and colleges and from the UCLA Financial Aid Office and should be filed by March 2. Be sure to indicate that a report is to be sent to UCLA by using the UCLA Title IV code: 001315. In addition to using the FAFSA to apply for aid, prospective students who apply to UCLA with the UC Application for Undergraduate Admission and Scholarships may use the application to apply for undergraduate scholarships. Continuing students, including international students, may obtain financial aid applications beginning in January at the Financial Aid Office. The four basic types of aid are scholarships, grants, loans, and work-study employment. Since most students are eligible for several of these, the Financial Aid Office usually offers a combination. Aid can be merit based--awarded on the basis of standards such as academic achievement--or need based--awarded on the basis of financial need as determined by FAFSA. Most scholarships are merit based, while grants, loans, and work study are generally need based. Scholarships do not have to be repaid. The Undergraduate Scholarship Program at UCLA rewards academic excellence and assists with the expenses of an undergraduate education. Financial need is required only for University and name (endowed) scholarships other than those listed below. Each year approximately $300,000 is awarded from the many different scholarship funds. Awards range from $100 to $2,000 and are not renewable. Students must reapply each year for continued consideration. One of the highest honors conferred on an undergraduate student is the Regents Scholarship, which is awarded for four years to students entering from high school and for two years to entering juniors. A UCLA faculty committee selects Regents Scholars on the basis of exceptional academic achievement and promise. Scholars receive a yearly honorarium if they have no financial need. Scholars who establish financial need by filing the FAFSA receive a yearly stipend to cover the amount of their need. Regents Scholars also receive special privileges. UCLA sponsors a number of four-year scholarships for entering freshmen who are finalists in the National Merit Scholarship competition. Finalists who are admitted to UCLA must select UCLA as their institution of choice and must meet UCLA's scholarship criteria in order to receive a UCLA Merit Scholarship. Awards range from $500 to $2,000. UCLA Alumni Association Scholarships Alumni Scholarships are available to California high school graduates who will be UCLA freshmen in the Fall Quarter and to community college transfer students. Students should have demonstrated leadership ability, be involved in extracurricular activities, and show academic excellence and promise. Alumni Scholarships are merit-based and competitively awarded. Freshman award amounts range from $500 to $10,000; transfer awards are $500 each. The Dr. Ralph Bunche Scholarship Awards, also presented by the UCLA Alumni Association and named in honor of the Nobel Peace Prize laureate and UCLA alumnus, are given to students from historically underrepresented communities. In addition to the monetary awards, Alumni Scholars receive special privileges. Recipients who receive work study or loans as part of a financial aid package receive additional alumni grant monies. ROTC Scholarships are awarded on a competitive basis to U.S. citizens regardless of parents' income and provide tuition, a book allowance, fees, and a tax-free monthly allowance during the academic year. Obtain applications for four-year scholarships by calling--Army, (310) 825-7381; Air Force, (310) 825-1742; Navy, (310) 825-9075--or by writing to Armed Forces Opportunities, P.O. Box 2865, Huntington Station, NY 11746-2102. When writing, specify if the scholarship is desired for Army, Air Force, or Navy/Marine. Applications for Army scholarships can also be obtained by calling (800) 872-7682. Completed applications should be submitted prior to July 15 (Army) or August 15 (Air Force and Navy) for early consideration, but no later than December 1 (all services) of the year preceding college matriculation. Two-year scholarship applications are also available and are considered when received. Grants are based on need and do not have to be repaid. When awarding policies and funds permit, the financial aid package includes a grant. Federal Pell Grants are the basis of many financial aid packages, since they are often combined with other forms of aid to meet the full costs of education. Amounts for 2001-02 range from $400 to $3,300, depending on federal funding, and are determined by student financial resources and the family's financial resources. U.S. citizens and eligible noncitizens may apply by filing the FAFSA. The University requires all eligible undergraduates to apply for a Federal Pell Grant. California residents who have not completed more than nine quarters or six semesters of college work prior to September 2001 are eligible to apply for a California Student Aid Commission Cal Grant award. The FAFSA and GPA Verification Form are the official applications for these programs. Cal Grant A awards are applied toward registration fees. They are based on need and academic achievement and are renewable each year. Cal Grant B awards are intended to assist low-income families and are renewable annually. First-year freshmen receive a quarterly stipend. In subsequent years recipients receive a stipend plus funds toward educational and registration fees. State grants provide eligible students with financial assistance from state funds. Awards range from $100 to $4,000. All undergraduate students are considered. Federal Supplemental Educational Opportunity Grants Federal Supplemental Educational Opportunity Grants are for undergraduates with financial need. Awards range from $100 to $4,000. Recipients must be U.S. citizens or eligible noncitizens. Loans allow students to postpone paying some of the costs of their education until they have completed school. A financial aid offer includes a long-term, low-interest loan. Borrowers must realize their commitment and responsibility to repay according to repayment schedules. Before accepting a loan, students should assess their total educational debt and ability to repay after graduation. The University makes every effort to assist students during the repayment of their obligation, but University services, including registration and the release of official transcripts, are withheld if the loan becomes delinquent. Seriously delinquent accounts are referred to a professional collection agency for action. All first-time borrowers must attend a debt management session before funds are released.
All loan recipients must come to the Student Loan Services Office (A227 Murphy Hall) for a loan exit interview before leaving UCLA for any reason. This interview helps students understand their loan agreement and their rights and responsibilities. If students fail to participate in an exit interview, the University places a hold on their academic records and registration materials. Call for an interview before graduating, transferring, or withdrawing from UCLA. Low-interest Federal Perkins loans are available to all students who are U.S. citizens or eligible noncitizens. Repayment begins six or nine months after students terminate at least half-time study. Repayment terms are fully explained when students accept the loan. Minimum repayment is $90 per quarter, including interest, up to a maximum of 10 years. To be eligible for a nursing loan, applicants must be U.S. citizens or eligible noncitizens and students in the School of Nursing. Up to $3,000 is available per academic year. For more information, contact the financial aid counselor either in the Financial Aid Office or in the School of Nursing. Students need not be receiving financial aid to apply for emergency loans. They may borrow up to $100 for immediate emergency needs; the amount is repayable on the 20th of the month following the month in which the loan was made. To qualify, applicants must be registered UCLA students with satisfactory loan repayment records. Applications are available from the Student Loan Services Office, A227 Murphy Hall. Federal Family Education Loan Program Federal Stafford Loans are long-term need-based loans made by banks and credit unions. They are available to U.S. citizens and eligible noncitizens who are enrolled in at least a half-time program at UCLA. Freshmen may borrow up to $2,625, sophomores up to $3,500, and juniors and seniors up to $5,500 per academic year, to a maximum of $23,000. Unsubsidized Federal Stafford Loans for Middle-Income Borrowers are not based on need. Although repayment can be deferred until after graduation, interest begins to accrue while students are in school. Students must file a FAFSA to be considered for the program. Through Federal Parent Loans for Undergraduate Students (PLUS) parents may be eligible to borrow up to the cost of a student's education for the academic year minus any estimated financial aid. These loans are not deferrable. Federal Work-Study (FWS) is a need-based program designed to expand part-time job opportunities for students. The program allows them to work a maximum of 20 hours per week while attending school. An academic year's work-study award may range from $1,000 to $2,000, but gross earnings may not exceed the amount awarded. Under FWS, the federal government pays a portion of the hourly wage; the employer contributes the balance. Whenever possible, work is related to student educational objectives. Employment may be on or off campus. Hourly pay rates comply with minimum wage laws and vary with the nature of the work, experience, and capabilities. To be eligible, students must be U.S. citizens or eligible noncitizens. Off-campus community service positions are also available in nonprofit organizations and governmental agencies. Students who are placed in these positions may petition the Financial Aid Office for an increase in work-study funding up to a maximum of $5,000. Whether employed on or off campus, students must maintain full-time enrollment (12 units for undergraduates, 8 units for graduate students) to be exempt from Social Security and Medicare taxation. |
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