UCSD caters to 58% of the student population with financial aid summing up to US$302,255,122. This enables students to make the best out of their amazing opportunities without causing much hindrance in their academics and career due to the financial aspects.
The students must complete a new FAFSA every year as it has been made mandatory for them if they avail any of the federal, state, and institutional financial aid such as grants, scholarships, work-study, and loans. To learn more, visit UCSD Financial Aid and Scholarships.
Scholarships
The students are privileged with categories of scholarships to help them support the costs incurred for completing their undergraduate and graduate degrees under UCSD. Some of the scholarships are:
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Entering Transfer Students: The scholarship is administered by UC San Diego for new transfer students where they are offered with USS$2,000 per year in each of their undergraduate years.
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Continuing Undergraduates:
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Albert Parvin Scholarship: A 1 year award amounting up to $2,000 eligible for engineering majors who are or have served in the Armed Forces of US.
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Diana C. Miles Scholarship: A 1 year award amounting up to $3,000 eligible for undergraduates interested in music or have majors in Music.
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Scholarships not administered by UC San Diego: These are segmented into:
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Hope Scholars Program for former foster youth: It awards scholarships up to $5,000 per academic year to eligible UC San Diego undergraduate students.
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National Competitive Scholarships: These have a wide range of scholarships fluctuating from $3,000 - $60,000 as per eligibility.
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Scholarships from Non-UC San Diego Organizations: You must contact the external agency for your scholarship check and processing of the same.
To look into much more details, click on UCSD Scholarship Types to select the one which suits you the most considering the mentioned terms and conditions.
Grants
Grants are gift aids which you don’t need to repay and are based on financial need.You may be eligible for 3 types of grants, namely federal, state and institutional:
Federal Grants
Federal grants are funded by the U.S. Department of Education (Federal Student Aid) . They are further classified into:
State Grants
Cal Grant for Education Studies Program (EDS):The state grants funded by the State of California (California Student Aid Commission) with a maximum amount of $12,570 for Cal grant A renewals and US$12,570 + US$1,670 for Cal grant B renewals. However, the amounts are subject to change and are set by the State Government. The ones who have a full-time enrollment will receive the full grant award.
Loans
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DIRECT Subsidized Loan: These are awarded as per demonstrated financial need, without charging any such interest while the students are in school at least half-time, during the grace period and deferment period.
To dig a little deeper into the loans available, visit the UCSD Loan Programs page.