To receive your financial aid complete the follow steps if applicable:
1) Accept Your Aid
Students are notified via email when their aid offer is posted to MyUCSC. Students may accept or decline the aid that is offered. Offered loans may be reduced or declined. Navigate to your Student Center on MyUCSC to view your awards. Under the Finances section, click on View Financial Aid then Aid Year 2017 to view your Award Summary.
2) Estimate Your Bill
After accepting your financial aid offer, use the Payment Estimator to estimate how much you will owe for the term after your aid credits your student account
3) Complete Loan Requirements
If you choose to borrow and you are a first time loan borrower, you will need to complete a promissory note, entrance counseling online, and read disclosure statements as applicable for the loan you accept. You can link to specific steps for types of loans below:
- Federal Direct Subsidized & Unsubsidized Loans
- University Loan Program
- California Dream Loan Program
- Federal Parent Loans (PLUS)
- Federal Grad PLUS Loans
- Private Loans
- Federal Perkins Loans
- UCSC Short Term Loan Progra
4) Grant Permission
If you would like your aid to pay miscellaneous charges such as health insurance, course or lab fees, ect. you must grant permission. On MyUCSC, under Finances select “View Student Permissions.”
5) Sign Up for Direct Deposit
Funds remaining after your bill is paid are refunded to students via check or Direct Deposit to your bank account beginning the first day of each quarter. The fastest way to receive funds is Direct Deposit. If you don’t sign up for direct deposit, a check is mailed to the mailing address you provide in MyUCSC. If the remaining funds are from a parent PLUS loan, the refund will be sent to the parent unless they specified on their PLUS loan application to be sent to the student.
Other Important InformationFinancial aid is posted to student bills on the schedule below. You will not accrue late fees if your aid disburses on time and covers your entire bill. If your aid does not cover your bill, subtract your pending/anticipated aid from the amount you owe and pay the difference by the fee due date.
Dates Financial Aid will Credit Student Bills
|2015-16 Academic Year|
|Fall||September 16, 2015|
|Winter||December 27, 2015|
|Spring||March 21, 2016|
|Summer Session 1||June 16, 2016|
|Summer Session 2||July 20, 2016|
UC students are expected to invest in their education by taking loans and earning part of the funds they need to cover their costs. If you accept a Federal Work-Study offer, you are eligible to apply for part time work-study jobs but a position is not guaranteed. Check the jobs posted online at the Career Center website http://careers.ucsc.edu/ where some on campus jobs are posted as well as some jobs in the local community. Not all campus and off-campus jobs are posted with the Career Center.
Another way to locate on-campus jobs is through networking. Examples include talking to students, staff and faculty at your college, in your dorm and dining hall and in academic departments. The Career Center can help you with resume writing and job search strategies.