For parents who make too much money to quality for financial aid, how do reduce the cost of tuition?
For parents in higher income brackets, reducing tuition costs at UCLA involves a multifaceted approach focused on scholarships, tax benefits, and strategic academic choices.
Maximize Scholarships and Grants Since need-based aid is not an option, focus on merit-based scholarships. Encourage your student to apply for:
- UCLA Campus Scholarships through the UCLA Scholarship Portal, which are based on various criteria including academic achievement.
- Departmental Awards by contacting academic departments directly for potential scholarships or research opportunities.
- External Scholarships from community organizations, local businesses, and national foundations, utilizing free online databases recommended by the UCLA Scholarship Center.
- 529 Plans for tax-advantaged savings.
- Education Tax Credits like the American Opportunity Tax Credit (AOTC) or the Lifetime Learning Credit (LLC).
- Taking Advanced Placement (AP) courses or dual enrollment to earn credits early.
- Attending a community college for general education requirements before transferring to UCLA.