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Old 04-15-2011, 04:13 PM   #1
zabdullah
Junior Member
 
Join Date: Apr 2011
Posts: 63
Cal Grant A vs Cal Grant B

I am from a very low income family, and my dad is currently unemployed so our minimum wage income is going even lower. I was accepted to UC Santa Cruz, and i accepted the offer of admission, but I recently got the financial aid package and it left me a little confused...



Estimated Cal Grant B - Access

1,551.00

Federal Pell Grant

5,550.00

UC Santa Cruz Grant
Grant
14,142.00

UC Tuition Grant
Grant
822.00

Federal Perkins Loan
Loan
1,200.00

Federal Direct Subsidized Loan
Loan
3,500.00

Federal Direct Unsubsidized Ln
Loan
2,000.00

Federal Work-Study Option
Work/Study
1,500.00

Parent Loan Option-ApplyOnline
Loan
1,700.00

Aid Year Totals

31,965.00

I know I qualify for A, and the financial aid officer I talked to on the phone told me that If I accept A, part of the UC Santa Cruz Grant would be taken away. She wasn't really that clear on what benefits B has.

I would end up owing 40k in loans by the end of my college career, and an even bigger debt waiting after graduate school.

Tl;dr: Which should I accept, Cal grant A or B. Cal Grant A takes money out of the UC Santa Cruz Grant, B does not.
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