<p>Does anyone know if there is an asset limit to this scholarship? For Cal Grants it is $67,600 I believe, but I can’t find anything mentioned for the Middle Class Scholarship.</p>
<p><a href=“http://www.latimes.com/local/la-me-middle-class-scholarships-20140916-story.html”>http://www.latimes.com/local/la-me-middle-class-scholarships-20140916-story.html</a></p>
<p>We got our notice the other day - it is all income driven. if your AGI on the FAFSA is under $150k, you are eligible. Just to torment you, the grant amount will vary each year based on the state’s budget situation.</p>
<p>Good to know NCalRent. Thanks for your reply.</p>
<p>on more thing - the award is a declining amount based on your AGI - i think this year it ranges from 40% to about 5% of the state tuition (most campuses add fees that aren’t reflected) . They decided on the amount too late for the beginning of the school year so, we had to pay the full tuition for my son to register but, will be credited shortly - or so they tell me. </p>
<p><a href=“http://www.csac.ca.gov/mcs.asp”>http://www.csac.ca.gov/mcs.asp</a></p>