… ID source_2 Content Financial Aid - Frequently Asked Questions (UC) … What is financial aid? … Financial aid is money that students may use to help cover the cost of their education that is made available by federal and state governments, as … the full cost of attending college. The basis for such assistance is the belief that the students (and their contributors) have the primary responsibility for meeting their educational costs. … Is financial aid money that I have to pay back? … … Please go to Maintain Your Eligibility Maintain Your Eligibility for information on financial aid eligibility. … I do not live with my contributor(s) (e.g. parents/stepparents/spouse) or receive support from them. Do I still need to provide their …