CalGrant: income and asset ceilings

Paying for College
1

<p>Hello:</p>

<p>Does a person need to meet BOTH the income and asset ceilings to qualify for a CalGrant?</p>

<p>For example, we meet the income ceiling but are above in assets (because we have been saving for college)</p>

<p>Does that mean that we will automatically be rejected for a CalGrant?</p>

<p>Without this, it will be almost impossible to pay for an education, that's for sure.</p>

<p>Thanks!</p>

2

<p>Yes. You must meet both the income and asset ceilings.</p>

<p>

</p>

<p>Source: [California</a> Student Aid Commission - Cal Grant Program Summary](<a href=“http://www.csac.ca.gov/doc.asp?id=568]California”>http://www.csac.ca.gov/doc.asp?id=568)</p>