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… 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 … work study, and scholarships are forms of aid that do not need to be paid back under the condition that the student retains their eligibility throughout the semester.   Loans are a form of financial aid available for students that need to be … to select your refund preference, you can visit BankMobile Refund Selection BankMobile Refund Selection  and request a code to set up your account. You must provide your student email address, student ID number, and the school's name (Los …