financial aid

There was an even bigger incentive offered by Pace: Prospective applicants who visit are promised an additional $1,000 a year of financial aid if they enroll.

Brick said the plan was “not a reduction in financial aid” and that UC would be able to actually better help with “inflationary costs that impact non-tuition educational expenses.”

Supporters say the policy benefits cash-strapped students, ensures continued financial aid and allows parents to plan long term for education costs.

The university projects the cost of attendance for the current academic year to be $99,139, inclusive of housing, though many students receive robust financial aid.

At participating schools, 76% of students filed a federal financial aid application last year, compared with 50% of all graduating seniors.