$5,004

Avg. Federal Grant

$4,764

Avg. Federal Loan

$302,255,122

Total Aid Awarded

University of California San Diego (UCSD) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

58%

Total Aid Amount Average Total Aid Awarded per year.

$302.255M

Financial Aid Official Website

www.ucsd.edu

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:

  • Scholarships administered by UC San Diego: These are categorised with respect to the type of students:

    • Entering First-Year: This is administered by UCSD for high school seniors and entering first-year students.

      • First Year Merit Scholarships: They are based solely on the students’ academic achievement.

      • First Year Restricted Scholarships: These are awarded on academic merit , demonstrated financial need, field of interest or leadership.

 

    • 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. 

    • Continuing Undergraduates:

      • 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.

      • Diana C. Miles Scholarship: A 1 year award amounting up to $3,000 eligible for undergraduates interested in music or have majors in Music.

  • Scholarships not administered by UC San Diego: These are segmented into:

    • Hope Scholars Program for former foster youth: It awards scholarships up to $5,000 per academic year to eligible UC San Diego undergraduate students.

    • National Competitive Scholarships: These have a wide range of scholarships fluctuating from $3,000 - $60,000 as per eligibility.

  • 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:

  • Federal Pell Grant: These grants offer financial aid reaching nearly to $652 - $6,095 which last for six years. 

 

  • Federal Supplemental Educational Opportunity Grant (FSEOG): The amount of financial aid awarded ranges between $100 - $4,000.

 

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

 

  • 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.

    • DIRECT Unsubsidized Loan: Loans are not based on financial need with interest charged at all periods despite the student is in school and during the grace period and deferment period.

 

  • DIRECT Parent/Graduate/Professional PLUS Loan: The amount of Parent PLUS loan that a parent is eligible for is based on the students cost of attendance as well as any additional aid they may be receiving. Interest is charged on all periods.

 

To dig a little deeper into the loans available, visit the UCSD Loan Programs page.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

36%

State Grant Aid

46%

Institution Grant Aid

49%

Pell Grant

36%

Average Aid Awarded

Federal Grant Aid

$5,004

State Grant Aid

$11,488

Institution Grant Aid

$8,101

Pell Grant

$4,940

This shows the percentage of students awarded with certain grants clinging to their eligibility, academic excellence and full-time enrollment. To measure and reflect the average grants offered to students, it's noted that: 

  • 36% of the students receive Federal Grants which comprises an average aid of US$5004. 36% of the students receive Pell Grants which comprises an average aid of US$4,940.

  • 46% of the students receive State Grants which comprises an average aid of US$11,488.

  • 49% of the students receive Institutional Grants which comprises an average aid of US$8,101.

  • The amount of federal loan provided to students on an average reaches nearly up  to US$4,764.

 

 

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$23,439

$30,001 - $48,000

$22,217

$48,001 - $75,000

$18,993

$75,001 - $110,000

$12,644

Over $110,000

$4,383

The highest amount of financial aid being $4,383 is directed towards the family income group $0 - $30,00 and the  lowest being  $23,439 is offered to the group with income more than $110,000. The average financial aid amount is $16,335

The income category ranging from $48,001- $75,000 will receive a maximum amount of aid around $8,667 covering a major chunk of the student population. 

Students’ families with income less than $75,000, will be offered with financial aid reaching nearly $23,439, $22,217and $18,993. On the other hand, families with income more than $75,000, will be offered with financial aid reaching nearly $12,644 or $4,383.

Student Loans for University of California San Diego (UCSD)

Average Loan Amount Average Loan Amount received per year.

$5,491/Year

Students Taking Out Loans

39%

Loan Default Rate

1.7%

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