Can someone please explain how the Middle Class Access Plan work, specifically for an OOS? I know it will not cover the
obligatory out of state fees. Thanks!
Did you read the information on the financial aid page?
it wont help OOS students AT ALL.
its designed for the students of Calif tax payers.
“Please note that students who are not California residents, although eligible for an MCAP award, will not be eligible for UC grants or scholarships, including MCAP scholarships, to cover their nonresident supplemental tuition and fees ($28,014 in 2017-18).”
3." Will MCAP cover the cost of Nonresident Supplemental Tuition and Fees ($28,014 in 2017-18) for nonresidents of California?
No. Families of students who are nonresidents of California will still be responsible for nonresident supplemental tuition and fees or for any additional cost of attendance beyond the standard student budget."
I thought this middle class award was ending.
I did read it and OOS are also eligible but will not cover the OOS fees Non-residential supplemental) as I mentioned. I am aware that this is not to be confused with the Middle Class Scholarship which is not available for OOS.
I guess I just need examples on how it works, say if family has a $ yearly income and how the Plan will be applied.
Sounds like this is independent of the state sponsored middle class scholarship that may be soon ending. This sounds like it’s funded by UCB alone.
I wouldn’t count on this remaining either. Calif lawmakers have threatened the UCs that if they continue to give aid to OOS students, that their UC budgets from taxpayers will be cut. The lawmakers are angry that UCs claim to need taxpayer money, but then give money away to OOS.
<<<
For families whose total income ranges from $80,000 to $150,000 annually and who have typical assets, the ground-breaking plan caps the contribution parents make toward the annual cost of a UC Berkeley student’s education at 15 percent of their total income. Please note that students who are not California residents, although eligible for an MCAP award, will not be eligible for UC grants or scholarships, including MCAP scholarships, to cover their nonresident supplemental tuition and fees ($28,014 in 2017-18).
[QUOTE=""]
[/QUOTE]
To answer your Q…
If your OOS family earns !00k, then they would have to pay $15k (15%) + $28k…for a total of $42k per year.
The remaining costs would be covered with loans, work study, and a UC grant.
the remaining costs would NOT all be covered with a grant.
Thanks for the clarification!
Forget about trying to figure out what the Web site is trying to say. Use the net price calculator instead.
I was playing with the NPC, and if I entered 80000 income, the grant money was way less than if I entered 80001 income. Is it really going to be like that?
and is it AGI or is it AGI+untaxed income for the 80K threshold.
The NPC makes it look like it is just AGI
What other parameters did you use?
On https://saservices.berkeley.edu/calculator/Dependent.aspx , I did not see any cliff across 79999, 80000, 80001 parental income with married parents, no assets, 3 in household, 1 in college, California resident.
Try
Single/Separated/Divorced
One Parent
80000 vs 80001
2 in household
1 in college
everything else = 0
California on campus
please report back if you see the cliff
actually i saw the cliff for your data too.
try 80010
I see. Whether the income is earned by one parent or two parents matters.
For 80000/80001 income earned by one parent (whether single parent or married parents with one earning the income), federal parent contribution is 13278. For two parents with income from both parents, federal parent contribution is 11398. (Note: assumed income tax of 4000 which is just a wild guess.)
Berkeley MCAP parent contribution is applied starting at 80001 and starts at 12000 (the lower parent contribution is used). This causes the cliff at 80000/80001 for the income earned by one parent, since the Berkeley MCAP parent contribution is lower than the federal parent contribution of 13278. But there is no cliff for two parents with income from both parents, since the federal parent contribution is 11398 which is already less than 12000.
The EPC is higher for the lower income?
79999:
Expected Family Contribution
Parent Contribution:$15,340.00
Student Contribution:+$0.00
Expected Family Contribution: $15,340.00
Estimated Award
Grant Award: $13,144.00
Student Loan and Work: $8,800.00
Parent Loan: $15,340.00
80010:
Parent Contribution:$12,002.00
Federal Parent Contribution:$15,345.00
Berkeley MCAP Parent Contribution: $12,002.00
Student Contribution:+$0.00
Expected Family Contribution:$12,002.00
Estimated Award
Grant Award: $16,482.00
Student Loan and Work: $8,800.00
Parent Loan: $12,002.00
For married:
79999
Expected Family Contribution: $13,273.00
80010
Expected Family Contribution:$12,002.00
Strange.
However, using more realistic federal income tax estimates from http://www.tax-rates.org/income-tax-calculator/ :
A. Single parent (head of household), 80000/80001 income, 9890 income tax => 10693 federal parent contribution, no cliff
B. Married parents (filing jointly), 80000/80001 income from one parent, 7340 income tax => 11708 federal parent contribution, no cliff
C. Married parents (filing jointly), 80000/80001 income from both parents, 7340 income tax => 9828 federal parent contribution, no cliff
Perhaps the cliff only becomes visible for those with substantial income tax deductions and credits that result in a much lower income tax than typical.
I would be great to know what the actual formula is, especially if the income is close to the cliff. Also somehow I dont fully trust that what the NPC is doing is what is really going to happen in real life. Would they really allow there to be such a cliff? Where you get less Grant aid when you earn less?
I do not think that it is so strange numbers as I was entering possible data for my niece/sister when I noticed the cliff. Niece has to get into Berkeley for this to even make any difference…
If someone has the time, it should be possible to reverse-engineer the entire formula through the NPC.
From preliminary looking, the NPC uses the federal expected parent contribution. For incomes starting at 80001, it also calculates a Berkeley MCAP parent contribution, which starts at 12000 at 80001 income. It then uses the lower of the two as the parent contribution for the rest of the calculation.
It looks like the cliff occurs if there is a combination of inputs causes the federal expected parent contribution to be higher than 12000 at 80000/80001 income (e.g. income earned by one parent, low income taxes). Presumably, this was not the expected common situation when they made up the formula.