So I recently received an email that I may qualify for the Middle Class Scholarship. I had a few questions about it and hopefully someone that has received the MCS before or just knows more about it can help.
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If I’m getting $7,400 in institutional grant aid from a UC (everything else is work study and loans), will I still qualify? I noticed that this year the max award is 20% of Tuition and Fees which is about $2,800 in terms of a UC’s tuition and fees. Will they look at the 7k I’m already getting institutionally (which is not a lot at all) and say that the 20% is already covered and not give me the MCS? Or will they still add it on to the 7k?
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Let’s say I do qualify and receive an award. Will they just add in the $2,800 from MCS and subtract $2,800 from the institutional grant basically meaning I got a $0 scholarship? Or will they be more lenient and just add it to my package as a whole knocking off some already huge loans? This also leads to a somewhat related question, if I get ANY outside aid will it just subtract from my institutional aid and be like I’m getting a $0 scholarship? I know that may be a dumb question but it does state that my aid will be corrected if Outside Aid is added.
Any answers help. Thanks.