Cal Grant Renewals when income has increased

Paying for College
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<p>Hi,
Can't seem to locate the answer for this. It seems that once you have been awarded the Cal Grant (your income is below the maximum allowed) you will be able to renew it even if your income in subsequent years increases and thus would then be above the maximum allowed. Can anyone tell me if this is indeed true? I know you fill out the FAFSA every year so the increase in income is shown, but my understanding is that it doesn't matter once you've been awarded the grant in the first year. Anyone know the answer on this? THANKS so much.</p>

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<p><a href=“http://www.csac.ca.gov/pubs/forms/grnt_frm/ImportantfactsaboutyourrenewalCalGrant.pdf[/url]”>http://www.csac.ca.gov/pubs/forms/grnt_frm/ImportantfactsaboutyourrenewalCalGrant.pdf&lt;/a&gt;&lt;/p&gt;

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<p>Hi – thanks for the post. So does that mean that even though you have to file the
FAFSA they don’t consider the income for the subsequent years? It’s continued from the base year income? I’m not sure I understand what they mean about must have financial need of at least $100 for the renewal year? It seems to imply that once you qualify you can renew even if your income rises but it isn’t really clear. Have you had specific experience with this? THANKS so much.</p>

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<p>Nope, no experience. I count as an independent and my income is extremely minimal.</p>

<p>I read it as it says: as long as you have a need of $100, you will still receive your Cal Grant. For example, say the school costs $30,000 and your expected contribution has increased to $29,900. Based on what the guidelines say, you would still be eligible as long as you met the other guidelines. This is assuming, of course, that the ceiling amounts on income no longer count in determining renewal. But they are not mentioned in what I quoted nor on the page I linked.</p>

<p>So your income will be considered. However, it seems, according to the rules posted on the website, that it will only change your eligibility if you have less than $100 need due to the increase. So if your need was $29,901 (a need of $99), you would cease to be eligible.</p>

<p>Note this is speculation based on logical assessment of the stated eligibility requirements for renewal.</p>