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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.

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UC Merced Financial Aid Videos

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