Is the amount of money to receive Cal Grant based of student income + parent income? Or only parent’s income? I have heard so many conflicting answers. Does anyone know?
Parent income…of less than $80,000.
But if there is an EFC component…student income contributes to the EFC if it is above $6200.
It doesn’t mention anything about the EFC that was calculated by FAFSA. On the Cal Grant website it only shows my parent’s income for last years.
http://www.csac.ca.gov/facts/2016-17_income_and_asset_ceilings.pdf
However here it says family income. I am stressing out about this because my part time job (7.5k a year) might be the reason I lose out on funding. My parents have me paying for school out of pocket, which isn’t a problem with Cal Grant’s help.
I think for Blue & Gold promise…there is ALSO a need component. If the parents assets or student’s income is so high that the family’s EFC is too high, then no “promise.”
However, I don’t know if Cal Grant has that same rule. And Cal Grant may have a sliding scale by family size, income, and assets.
http://sac.edu/StudentServices/FinancialAid/Pages/CAL-Grant-Eligibility-Requirement.aspx