Financial Aid
Because this program is a fully accredited graduate degree, all enrolled students are eligible for student loans. The first step in obtaining a loan is to complete the Free Application for Federal Student Aid (FAFSA) at
http://www.fafsa.ed.gov/ (federal school code 001314) The FAFSA takes one to four weeks to process and you will then be sent a Student Aid Report (SAR). Once your application has been reviewed you will receive an Award Letter indicating the loan amounts you are eligible for and necessary documents to receive loan funds.
To review scholarships available, please browse the UCI Financial Aid web site at
http://www.fao.uci.edu/. We also encourage you to check with your employer for tuition reimbursement programs and with your union for tuition assistance or scholarships.
Federal Direct Student Loans
Federal Direct Student Loans are available to M.A.S. students. For specific details on eligibility criteria see
www.fao.uci.edu/hbp02.php. Loans are available up to $18,500. Students who demonstrate financial need may be eligible for $8,500 of the $18,500 in subsidized loan proceeds. See
www.directloans.ed.gov/ for specific loan information. The Federal Direct Student Loan program has two types of loans available.
Subsidized loans - interest accrues on a borrower's loan while the borrower is in school, grace, or authorized periods of deferment, and is paid by the government.
Unsubsidized loans - the borrower is fully responsible for paying the interest that accrues on the loan. Interest on an unsubsidized loan accrues from the date of disbursement and continues throughout the life of the loan.
Student Awards
Your eligibility is determined by your cost of attendance and the expected student contribution. See the Office of Financial Aid and Scholarships website (
www.fao.uci.edu/hbtoc.php) for further information on how financial aid eligibility is determined.
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