I just want to echo the point made above. I'm also in the UC system and the budget situation is ridiculous. If you have stellar stats you might be in luck for a funding package but you probably should not expect to receive a multi-year package. I also attended undergrad at UCSB and can tell you the cost of living can be astronomical so keep that in mind when/if you receive a funding package. Basically, all of the UCs are hurting....really think about any offer you accept.