… Frequently Asked Questions … Frequently Asked Questions … College ID source_2 Content Financial Aid - Frequently Asked Questions (UC) … Financial Aid 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 … fee waivers, part-time employment, loans, and scholarships. The funds are available to make it possible for students to continue their education beyond high school, even if they and their families cannot meet the full cost of attending college. …