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… 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 well as public and … process. In order to activate your MyLACCD Card, it is important that the mailing address in the Admissions Office is up to date. Students must first receive an Award Notification from the Financial Aid Office before they can expect to receive …