$5,267

Avg. Federal Grant

$5,613

Avg. Federal Loan

$349,663,464

Total Aid Awarded

University of California, Los Angeles (UCLA) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

60%

Total Aid Amount Average Total Aid Awarded per year.

$349.663M

Financial Aid Official Website

financialaid.ucla.edu/

As per the report, About 60% of the students are receiving financial assistance which sums to a total aid amount of $349,663,000. The average Federal grant to the students is about $5267.

Some of the Federal grants provided by UCLA are listed below. 

Grants

Grants are awarded to the student based on their requirement, and they don’t have to repay it. You must complete the Free Application for Federal Student Aid(FAFSA)  using the university FAFSA code 001315.

Federal Grants

The federal government provides grants to those going to college as they alone cannot afford the expenses of the particular college.

  • Pell Grants:- Pell Grants help account post-assistant preparing for school understudies who have not as of late earned multi-year confirmations. For certain understudies, these honors give a foundation of cash related advisers for which help from various sources can be incorporated. 

  • Supplemental Education Opportunity Grant(SEOG): SEOGs give supplemental advantages for Federal Pell Grant-qualified school understudies who show remarkable need. The brilliant need is portrayed as the most negligible expected family duty per government needs assessment theory. Since FSEOG holds are limited, understudies should apply for these honors as right on time as could be expected under the circumstances 

  • Tech Grants:- The TEACH Grant program is a non-need-based grant program that provides up to $4,000* per year to students who are enrolled full time. TEACH awards are available to citizens and permanent residents only. Reduced eligibility is calculated for less than full-time enrollment in an eligible program

  • Iraq & Afghanistan Service Grant:- The Iraq and Afghanistan Service Grant provides money to undergraduate students to help pay for their educational expenses and has special eligibility criteria.

  •  Work-Study Program: FWS engages understudies who show the budgetary needs to get help to pay for their preparation costs. Understudies win on any occasion the current hourly the most minimal compensation allowed by law by working at the College, for altruistic associations or income-driven associations. Carrington empowers qualified understudies to discover vocations; certain constraints apply. As opposed to standard wellsprings of compensation, FWS salary is acquitted from the resulting year's ordinary family responsibility calculations

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

29%

State Grant Aid

37%

Institution Grant Aid

50%

Pell Grant

29%

Average Aid Awarded

Federal Grant Aid

$5,267

State Grant Aid

$11,337

Institution Grant Aid

$10,182

Pell Grant

$4,992

You need to use the university FAFSA code while filling the FAFSA form. The FAFSA code is 001315.

The understudies also receive honors in terms of grants that may be institutional, state, or federal grants.

  • The federal grant aid provided to the students is about 29% that sums up to $5267.

  • Also, students receive the state grant aid up to $11337 which contributes to about 37%.

  • About 50% Institutional grant aid is provided whose sum is equal to $10182.

  • As per the data, the pell grant is 29% that makes up to $4992.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$25,018

$30,001 - $48,000

$24,035

$48,001 - $75,000

$20,868

$75,001 - $110,000

$14,331

Over $110,000

$4,989

The University of California, Los Angeles(UCLA) also provides the students with financial aid according to their family income. The procedure for providing financial aid based on family income is as follows:

  • For the student with a family income of less than $30000, the average aid provided per year is $25018.

  • A slightly less amount is provided to the income between $30001 to $48000 which is equal to $24035.

  • Further, for the income from $48001 to $75000, the aid is reduced to $20868.

  • With income between $75001 to $110000, the aid received by the student is $14331.

  • And for the income more than $110000, the financial aid is further reduced to an amount of $4989.

Student Loans for University of California, Los Angeles (UCLA)

Average Loan Amount Average Loan Amount received per year.

$6,352/Year

Students Taking Out Loans

32%

Loan Default Rate

1.3%

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