Art student in the painting studio

Important Updates

  • In observance of Juneteenth, Financial Aid and Scholarships will be closed on Wednesday, June 19, 2024
  • The Department of Education has announced they will send information from the 2024-25 FAFSA to schools in mid-March. This may result in a delay in financial aid packaging and offers for the 2024-25 academic year. While awaiting your financial aid offer, we encourage you to utilize the UC Davis Financial Aid Estimator to estimate your potential aid.

Determining Financial Aid

Determining Financial Aid for Undergraduates

To be considered for most forms of need-based aid, the Free Application for Federal Student Aid (FAFSA) or California Dream Act Application (CADAA) must be completed by the priority deadline of March 2 each year (extended to May 2 for 2024-25). Below is the formula used to determine eligibility for need-based financial aid:

Cost of Attendance: The UC Davis student expense budgets include systemwide tuition and student services fees, campus-based fees, books and supplies, housing and food, personal expenses, transportation, and a health care allowance. The Cost of Attendance used to package financial aid is based on your living arrangements, so be certain the correct student expense budget has been assigned.

Minus

Expected Family Contribution (EFC) (2023-24) or Student Aid Index (SAI) (2024-25): Your EFC/SAI is based on your FAFSA or CADAA. If the EFC/SAI exceeds the Cost of Attendance, you are not eligible for need-based financial aid. However, if you are eligible to complete a FAFSA, you (and your parents) may still apply for Unsubsidized Direct Loans and/or Parent PLUS Loans regardless of need. If you are a CADAA filer, you can apply for a Dream loan.

Equals Demonstrated Need

Minus

Federal and State Grants*: The U.S. Department of Education determines your Pell Grant eligibility and amount, and the California Student Aid Commission determines your Cal Grant eligibility, type, and amount.

Student Self-Help and Loan Contribution: The amount that an undergraduate student may expect to contribute toward their education using a combination of loans, work options, scholarships, and/or summer savings.

Other Funds: This may include UC Davis and/or outside scholarships or awards. These funds are first used to meet your Self-Help and Loan Contribution to reduce the amount you may need to borrow and/or work. Other aid that exceeds Self-Help and Loan Contribution amounts may, by rule, reduce offered grants.

Equals Remaining Need


*University (or other) Grant Eligibility: Grant offers vary and are subject to change each year. Grant funds are limited and offered until funds are depleted.