Types of Aid

Students at UC Merced are typically awarded several types of financial aid.


Grants are awarded on the basis of financial need and do not have to be repaid. Grant programs for both entering and continuing UC Merced students are awarded each year.


Loans are funds that students borrow from the federal government or other lenders and that must be repaid when students are out of school. Repayment begins six months after you graduate, withdraw or drop below full time. We recommend that students borrow only what they need.


Scholarships are gift funds that are awarded on the basis of merit, academic achievement, special talents, interest, or qualities or other criteria defined by the sponsoring organization or donor. Some scholarships are also awarded on the basis of need.

Federal Work-Study

Federal Work-Study award is not a guarantee of employment. Students will need to apply for and be hired into a position. Students who are awarded a Federal Work-Study award are given the opportunity to earn money by working part time.