How do incoming freshmens get the UCI Chancellor's Scholarship?

<p>Is this scholarship merit-based or need-based? Do you need to have a certain high school GPA or SAT score? I don't know why I didn't get it when I believe I have better grades than some of the people who got it at my school. I had all straight As on my application. My SAT II scores were in the 700s. However, my SAT score was 1650 so kind of low. So how is this scholarship exactly handed out and on what basis?</p>