What Aid is Available

Financial Aid and Scholarships awards financial aid packages to those applicants for whom an official need analysis has been performed. Utilizing both need-based and non-need based funding sources, financial aid packages are provided to assist students in meeting the costs associated with attending UCLA. Financial aid packages consist of one or more of the following types of aid:

Teaching & Research Assistantships/Fellowships & Grants

The UCLA Graduate Division provides students with support funds in the forms of grants, fellowships, traineeships, teaching assistantships and graduate student researcher appointments. 

Please refer to the UCLA Graduate Division Financial Support for additional information regarding these awards.

Teach Grant

The TEACH Grant program is a non-need based grant program that provides up to $4,000* per year to students who are enrolled full time. TEACH Grants are available to citizens and permanent residents only. Reduced eligibility is calculated for less than full time enrollment in an eligible program (see ‘Eligibility Criteria’ below). Students must agree to teach in a high-need field, at low-income elementary or secondary school as a highly qualified teacher for at least four years within eight years of completing the program for which TEACH Grant was awarded. The student must sign a service agreement to this effect annually, and complete all required counseling prior to receiving TEACH Grant. 3.25 GPA is required each quarter to establish and maintain eligibility.

If the student subsequently fails to meet the requirements of the service agreement, TEACH Grant will be treated as a Direct Unsubsidized Loan, and the student must repay the TEACH funds, with interest accrued from the date of disbursement.

Eligibility Criteria:  

Graduate students enrolled in UCLA’s Teacher Education Program who are working toward a credential in Science, Math or Special Education. 

Work-Study

Federal Work-Study (FWS) is a federally funded program for students who demonstrate financial need. Work-Study funds are limited and offered to eligible students based on financial need and on-time application status.

Additional information about Work-Study can be located under Work-Study and Jobs.

Loans

Loans are a type of financial assistance that enable students to borrow money from the federal government or private lenders. It is important for students to be well informed of the terms and conditions of loans prior to borrowing.

Federal Direct Unsubsidized Loans

Direct Unsubsidized Loans are federally guaranteed loans that all students, regardless or need, are eligible to receive. Interest begins accruing after the first initial disbursement. Students are not required to start making payments on this loan until six (6) months after they graduate or drop below half time.

For more information please see our Loan Guides on the ‚ÄčPublications page.

Federal Direct PLUS Loans

The Direct  PLUS Loan is a loan option for Graduate/Professional students to help pay for their educational costs. Students can borrow up to the cost of attendance minus any other financial aid that the student is receiving. Interest begins accruing upon first disbursements. Students are not required to start making payments on this loan until sixty (60) days after the loan is fully disbursed. Students may also defer payment if the student is enrolled at least half-time, or during the six (6) month period after graduation, or after the student drops below half-time enrollment.

For more information please see our Graduate  Loan Guide on our forms and publications page, or our PLUS vs Private Loan fact sheet, for a quick comparison of the two types of loan.

Private Loans

Choosing how to finance your education is one of the most important decisions you will make - and the impact of that decision will follow you well beyond graduation. Once you have exhausted your eligibility for Federal and University financial aid and loans, you may need to consider applying for a private educational loan, also called an alternative loan. These loans are not federal student loans. They are offered by private lenders and are used to supplement your financial aid. The interest rates and repayment terms on these loans may vary.

Students may refer to the UC Preferred Lender List which includes lenders that have been extensively evaluated by the University of California Office of the President and found to provide competitive rates and loan terms to students, and the FAST Choice lender list, which provides a comprehensive list of the lenders UCLA students have utilized in the past five years. 

To find out more information regarding the terms and the application process for private loans please see the Graduate Loan Guide on our Publications page, or our Private vs PLUS fact sheet, for a quick comparison of the two types of loan.

UC Code of Conduct for Preferred Lender Arrangements

Corbett Disclosure Statement

Students considering student loans need to be aware of the differences between federal student loans and private student loans:

  • Federal student loans are required by law to provide a range of flexible repayment options including, but not limited to, income-based and income-contingent repayment plans, as well as loan forgiveness benefits that private lenders are not required to provide.
  • Federal direct loans are available to most students regardless of income. Other qualification criteria do apply. For more information, please visit (http://www.studentaid.ed.gov/eligibility).
  • Private student loan lenders can offer variable interest rates that can increase or decrease over time, depending on market conditions.
  • The interest rate on a private loan may depend on the borrower's and/or co-signer's credit rating.
  • Private student loans have a range of interest rates and fees and students should determine the interest rate of, and any fees associated with, the private student loan included in their financial aid award package before accepting the loan. Students should contact the lender of the private student loan or their UC campus' financial aid office if they have any questions about a private student loan.

Some UC campuses offer students their own private (institutional) student loans. Students offered a UC institutional private student loan should know that:

  • Interest rates on UC loans will be fixed, not variable.
  • UC loans can have a range of interest rates.
  • UC loans are not awarded based on the credit history of the borrower.
    FATV provides quick video answers to common financial aid questions. Click on the image below to go to the full video library.