Financial Aid Award Question

Colleges & Universities University of California - Los Angeles
1

<p>Hi! I received a 29500 dollar financial aid package this year-a 25000 dollar gap between my award and the cost of education . I stated that I’ll be living on campus. I found out that Tuition is actually 35500 dollars(without housing). So, I was thinking that commuting to campus would be a better option than student loans or paying 2803 dollars a month(via Bruin Pay Plan). So, I’m thinking of canceling my housing contract so I’ll only pay 626 dollars a month via the BPP. </p>

<p>If I cancel my housing contract now, will my financial aid package diminish or will it stay the same? And how can I cancel my housing contract?</p>

<p>sorry if my situation seems complicated.</p>

2

<p>I doubt your financial aid package will completely diminish, but you’ll definitely receive less than what you are receiving right now. I’m not completely sure, but I think you’ll receive somewhere around the ballpark of $8,000 less. (Total fees for residence hall users - total fee for commuters) </p>

<p>You should trying calling housing services when you can. They can give you more concrete answers.</p>

3

<p>thanks NooBruin!</p>