Skip to content Skip to navigation

How Does Financial Aid Work?

When thinking about financial aid, keep in mind that there are two main types of aid: gift aid (like grants and scholarships) that help reduce the cost of attending college, and self-help aid (like loans, work-study and part-time employment) that help you cover the net cost (costs that aren't paid for by gift aid). Your financial aid offer will likely include a combination of both types.

More About Financial Aid

UC Merced Financial Aid Videos

Video screenshot

More videos at ucmerced.financialaidtv.com