Parents paying for UCs?

Gumbymom
Mon, 11 Apr 2016 03:24:30 +0000

If you fill out the FASFA, as a student you can take up to a total of $27K ($5500 Freshman, $6500 Sophomore, $7500 Junior/Senior) over 4 years in loans. Any amounts over this will have to taken by your parents. The UC’s cost around $55K/year as an OOS student and they will give some merit aid in the form of Regents scholarships and other various scholarships which can range from $2500-10,000/year but they are very competitive and given usually to the top 1% of applicants.

To establish residency, you and your family need to move to California and must be in the state 365 days prior to filing for in-state residency for tuition purposes. Here is a link on how to establish California residency which is not easy.