<p>The Regents and Chancellor's Scholarship is merit based, but the amount of money you get is need based. If you qualify for financial aid it can be quite a bit; if you don't then you get a $1000 honorarium in addition to the normal benefits. Here's the link to information: <a href="http://students.berkeley.edu/fao/Scholarships/RCSscholars.html%5B/url%5D">http://students.berkeley.edu/fao/Scholarships/RCSscholars.html</a></p>