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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 … 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 rush. We highly recommend that … more detailed information. … If I completed a financial aid application for the Fall semester, do I need to complete a new one for the Spring semester? … No. The financial aid application covers the entire academic year for which it was done. If …