Cal Grants

Paying for College
1

<p>How does one get cal grant?</p>

<p>I don't know how much I'm going to get. I plan on going to a private school, korean,family income will be over $600,000.</p>

<p>I'm confused.</p>

2

<p>Calgrant is applied for by submitting FAFSA by March 2. It is for Cal residents going to school in California. </p>

<p>But with an income of $600k you will not be eligible. I believe the income ceiling is round $60k.</p>

3

<p>I am sorry, but with a family income over $600,000 you will not qualify for a Cal Grant. The highest income that would qualify would be $92,100 for a family of six. <a href=“http://www.csac.ca.gov/facts/2009-10IncomeCeilings.pdf[/url]”>http://www.csac.ca.gov/facts/2009-10IncomeCeilings.pdf&lt;/a&gt;&lt;/p&gt;

<p>In addition, from several news stories about the California bugdet, it appears they are considering lowering the income/asset ceilings to the 2008-2009 levels - though nothing has yet been finalized.</p>

4

<p>none at all? I thought there were like 3 types of cal grants and only some of them were need-based?</p>

5

<p>Yes, there are 3 types of Cal Grant: A, B & C, but all are need-based. If you look at the income/asset ceiling chart I linked, you will see that the “B” income levels are much lower. Those are the need-based awards for very low-income students and are available regardless of your GPA.</p>

<p>The Cal Grant A has higher limits, but students must have at least a 3.0 GPA to qualify. It is still a need-based award.</p>

<p>Cal Grant C is an additional award for very low income students that they can use for books and supplies (Cal Grants A and B can only be used for tuition and fees).</p>

6

<p>oh, darn. Oh well.</p>

7

<p>You should look for merit awards. With family income of 600 K, you are ineligible for any need based aid.</p>