Affordability and How Financial Aid Can Help
When you are admitted to UCLA, you and your family might have a lot of questions about how you’ll cover the costs of tuition, housing and other necessities. Our financial aid professionals will make every effort to help you afford to pay for your education. Our office is dedicated to helping each family create a strategy that works for them. Thanks to the numerous options available, your education can be affordable.The No. 1 Best Value University
In 2018, Forbes ranked UCLA the No. 1 best value university, citing our combination of high education quality and low student debt upon graduation.
Most families pay less than the full price, and 45 percent of our undergraduate students pay no tuition at all. We offer an array of housing options and meal plans — as well as financial aid for housing — so that you have flexibility as to how much you pay for room and board. In addition, UCLA offers payment plans for both tuition and housing so that families can make smaller, regular payments throughout the academic year instead of larger payments.
ESTIMATED COSTS FOR THE ACADEMIC YEAR 2018-19
(Note: all fees are subject to change)
|LIVING IN A RESIDENCE HALL|
|Room and Meals*||$15,816|
|Books and Supplies||$1,509|
* Housing costs may vary, depending on room type and meal plan chosen
** Waived if proof of insurance is provided
Financial Aid Applications
Before you do anything else, fill out the Free Application for Federal Student Aid (FAFSA) or the DREAM Act Application. Make sure that you complete the application before the UCLA priority deadline (March 2). These applications provide access to federal- and state-based financial aid programs for all eligible students.Continue to FAFSA Continue to DREAM Act
Paying for your education should be a partnership between student, family and university. Check out the many ways you can pay for your UCLA education.
UCLA offers financial support that may be awarded based on need, academic merit, background, specific talents or professional interests:
- UCLA Regents Scholarships (merit-based)
- UCLA Alumni Scholarships (merit-based)
- UCLA Achievement Scholarships (merit- plus need-based)
Some other important scholarship resources include:
- Searchable scholarship databases: Fastweb, College Board and Sallie Mae.
- UCLA Scholarship Resource Center: This unique center for current UCLA students helps you identify available scholarships, regardless of income level. Services include counseling and workshops.
Don’t forget to check organizations in your hometown, such as the Rotary Club and AmeriCorps, that offer scholarships for community service.
Grants are awards that the recipient does not have to repay. Sources include the federal and state governments, as well as UCLA. Most are awarded based on need and require submission of the Financial Aid Application by March 2.
Available to California residents only:
- University of California Blue and Gold Opportunity Plan
- Cal Grants (FAFSA or DREAM Act and GPA verification due March 2)
- Middle Class Scholarship Program (MCSP)
Available to U.S. residents:
University Grants: These need-based grants demonstrate UCLA’s commitment to affordability. Recipients must complete and submit the FAFSA or DREAM Act Application annually by March 2.
Please note: Financial aid supported by funds from the State of California is not available to nonresident students enrolling at UCLA. However, the UCLA Financial Aid and Scholarships office will assist nonresident domestic students with federal financial aid, private loans, advice on scholarships and merit-based aid, where available.
3. Student Loans
In 2017, graduating seniors in the U.S. had an average student loan debt of over $30,100. But for UCLA seniors, the average was much lower — just over $21,323. And virtually all UCLA graduates — 98% of them — successfully manage loan repayment.
The federal government offers low-interest Federal Direct Student Loans for higher education.
There are flexible payment options and other discounts, as well as delayed repayment options. Interest paid on student loans is tax-deductible.
4. Part-time Student Jobs
Having a part-time job can help pay for textbooks and day-to-day living expenses. Last year, more than 9,000 UCLA undergraduates worked on campus part time. Some had work-study awards, which can make it easier to find a position on campus or off.
What Parents Can Do
Parents have access to a number of resources, including some that offer tax benefits.
Parents may take out low-interest education loans from the government and private loans from banks or other lenders. The terms for federal loans to parents are determined by the Department of Education; they are not based on credit scores. Loan payments can be postponed until after the student graduates. Interest paid on parent loans is tax-deductible.
Savings Accounts and Tax Benefits
Families can also withdraw money from their 401(k) or 403(b) retirement savings accounts. Withdrawals are penalty-free when the money is used to pay for education.
The government offers tax benefits and credits for higher education. For details, check your tax preparation software or ask your tax preparer.
Where to Go for More Information
We are dedicated to helping make your UCLA education affordable. If you have questions about financial aid, contact Financial Aid and Scholarships.