A student’s financial need is determined by subtracting the  Student Aid Index (SAI), as calculated from the Free Application for Federal Student Aid (FAFSA), from their total cost of attendance for the academic year.

Students must file a Free Application for Federal Student Aid (FAFSA) and have financial need to be considered for UC Fund eligibility.  Because the award is based on the amount of financial need a student has, not all students are eligible to receive the UC Fund.

*The UC Fund may be adjusted based on changes in a student’s financial need as a result of FAFSA corrections, changes in SAI on FAFSA renewals in subsequent years, and/or changes in the amount of scholarship and need-based financial aid a student is awarded. Adjustments may also be made based on changes to a student’s financial need as a result of a change in residency status.