… Aid - Frequently Asked Questions (UC) … Frequently Asked Questions … 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 private organizations in the form of grants, … before considering a loan. Review our 2024-2025 LACCD Loan Guide . … What can I do to avoid unnecessary delays in the processing of my financial aid application? … Most importantly, apply early to avoid the financial aid application processing …