What balance can you expect after financial aid is applied? Compare your charges to your financial aid: the total is your expected balance (refund or amount due) after financial aid has been disbursed to cover tuition, fees, and other costs of attendance. We want to help you plan and discover the financial avenues available to you. Share this worksheet with a representative from the Financial Aid and Scholarships Office. We’ll answer your questions and guide you through your options.
Before you begin, please refer to your billing statement.
Alternatively, to calculate your estimated refund or balanced before you receive your billing statement, login to CalCentral, go to the MyFinances > View My Financial Aid, and navigate to the estimated cost of attendance. Click on the the View Term Amount Link to estimated your direct costs, such as Tuition, Campus Fees, and University Health Insurance, by term.
FILL IN this column with your actual charges for tuition, SHIP, New Student Programming, and on-campus housing (residence halls or on-campus apartments). These charges are your direct costs, which the university bills you directly through your CalCentral account.Add the amounts and write the total under “Total Charges for Term.”
Note: Charges will appear on your account about a month before the start of the term. You may not have every type of charge on your billing statement.
FILL IN the awards and loans with your actual amounts from CalCentral for the term
• If you are receiving awards that are not listed, such as outside scholarships, add under “Other Gift Aid.”
• Do not include work-study, as your work-study earnings will be paid directly to you and will not pay fees and other charges on your billing account.
• Only include loans you plan on accepting.
Add the amounts and write the sum under “Total Awards & Loans for Term.”
Note: You may not have every type of award in your financial aid package.
(A negative number means a refund to the student. A positive number means a balance still due.)
UC BERKELEY RESERVES THE RIGHT to adjust financial aid offers to correct any awarding errors. Changes to qualifying information or revisions of federal, state, or institutional programs or polic may result in updates to aid eligibility and adjustments of financial aid offers. Information is subject to change.