Do I have to take out student loans to pay for UC?
Each student’s situation is different. Our
financial aid programs are set up so that if you need to borrow, you can and
it might be less than what you think. Half of UC undergraduates graduate with
no student loan debt and those who do borrow, borrow on average $10,000 less
than the national average. Remember student loans are just one part
of the financial aid package, which can also include work-study and student
employment. Your financial aid package can also include scholarships and grants
and this is money you don’t have to pay back. More than half of UC undergraduate
students from California pay no tuition to attend and 75% of California students
receive grants and scholarships that help reduce their costs. And any outside
scholarships you receive may be used to reduce your need to borrow. We also want to keep in mind that UC grads have some of the highest starting salaries in the
nation, so think of your student loans as an investment in your future.
so how do you apply? File your FAFSA or Free Application for Federal Student Aid
by March 2nd or if you’re an undocumented Californian, complete a
California Dream Act application by March 2nd. We’ve got links to these
applications in the video description. You should apply for financial aid no
matter what your income level or financial circumstances.