Tuesday, September 22, 2009

UC Merced Awards $28M in Gift Aid for 2009-10

Financial concerns prevent many of our state's top-performing students from attending college, but UC Merced is doing its best to ease that burden. To that end, the Office of Financial Aid and Scholarships announced today (Sept. 22) that 2,230 undergraduate students have received a total of $28,216,197 in grants and scholarships. These awards represent money that does not need to be repaid.

"In response to the current economic situation, UC Merced continues to make attending college affordable to eligible students," said Kevin Browne, assistant vice chancellor for enrollment management. "Concern over expenses is the worst possible reason not to attend a UC. If a student meets UC admission requirements, he or she deserves to be here, and we can help. We have been able to offer competitive gift-aid packages to almost 75 percent of our enrolled students."

Gift aid comes from both public and private entities. It can be used to pay a variety of school-related expenses, depending on the requirements set forth by the agency offering the scholarship or grant.

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MEDIA CONTACT:

Tonya Luiz