Student loans at UCI?

Hey, just a stressed junior here. I'm considering applying to UCI but I'm worried about student loans. If I might need to take some, does anyone know how it works at UCI? Also, how common is it for students there to have loans?

It's excellent that you're thinking about financial aid as part of your college search. At the University of California, Irvine (UCI), you can apply for financial aid by filling out the FAFSA or the California Dream Act Application (for undocumented students). Both of these forms ask about your family's financial situation to determine if you are eligible for aid.

As for student loans, they are generally part of the financial aid package offered. UCI will consider grants, work-study, and scholarships first before student loans.

There are different types of loans available - federal loans and private loans. Federal loans are often better because they come with certain protections, like income-driven repayment plans and the possibility of loan forgiveness. Private loans are typically more expensive, and should be your last resort when exploring financial aid options.

If you find you need to borrow money for college, it's important to be mindful of how much you're borrowing and to only borrow what you need. It's also a good idea to research scholarships, grants, and work-study opportunities to minimize your need for loans. All the best with your application process!