As mentioned, if one finds the fees and cost of living at UCSC to be on the higher side, the financial aid department of the varsity would be of huge assistance. They can assist students with scholarships, grants, and student loans as well. The average federal grant that comes from the university is around $4,746, whereas the financial aid is $8,668. The students at the university are provided with state aid and institutional aid. The state aid stands at $10,808, while the institutional aid is $8,668.