UC Blue and Gold Opportunity Plan ?

Paying for College
1

<p>Does the UC Blue and Gold Opportunity Plan have an asset limitation or do you qualify only based upon income? I have been trying to find additional info but have been unable to. Thanks</p>

2

<p>I was unable to find anything other that the income limit is $80K. Nothing is addressed regarding assets. I assume if you are eligibile for the Cal grants which have asset limits, that you would also qualify for the Blue and Gold.</p>

3

<p><a href=“http://admission.universityofcalifornia.edu/paying-for-uc/glossary/blue-and-gold/”>http://admission.universityofcalifornia.edu/paying-for-uc/glossary/blue-and-gold/&lt;/a&gt; says:</p>

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<p>(emphasis added)</p>

<p>Presumably, if your assets are so large that they disqualify your from UC financial aid (based on FAFSA information), the BGOP promise does not apply.</p>

<p>Of course, the BGOP is more of a marketing thing anyway, since UC in-state financial aid tended to cover that anyway for families in that range (based on FAFSA information). Check the net price calculators for more customized estimates for your situation.</p>

4

<p>If I remember correctly, ASSETS do COUNT, because even if the family’s income is below $80k, if the assets create a situation where there is NO NEED, then the student doesn’t qualify.</p>

<p>So, if the family had an income of $75, but also had rental properties worth (say) $1M, then the FAFSA EFC would indicate a high EFC and therefore NO NEED, so no B&G promise.</p>

5

<p>That is the problem, she will not qualify for Cal Grant due to assets but can she qualify for UC Blue and Gold Opportunity Plan?</p>

6

<p>Thanks for the info…appreciate it!!</p>

7

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<p>Better to just run the net price calculators on the various UCs of interest.</p>

8

<p>@SockherMom‌ </p>

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<p>NO. That is what we’re saying.</p>

<p>If assets mean that she has no need, then she won’t qualify for B&G</p>

<p>Again, if someone has an income of 75k, but has $1M in assets, then the EFC is going to show no need…so no B&G.</p>

9

<p>Is this a correct assumption… if the EFC calculator shows student/parent contribution less than total cost of expected tuition/room and board/fees…then need will be determined as required and subsequently the UC Blue and Gold Opportunity Plan should kick in? For example, if total cost is $30,000 but EFC is $15,000…</p>

10

<p>As UCB stated above, Blue and Gold Opportunity Plan is a marketing tool. UCs cover the difference between total cost and your FAFSA EFC with scholarship, subsidized loans as well as an expected contribution from the student.</p>

11

<p>If your EFC is $15k, then how much is the income? </p>

12

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<p>Use the net price calculator at each UC campus to get an estimate of its financial aid package. Why rely on indirect sources like EFC calculators, assumptions based on situations not completely described in the BGOP pages, and people posting here trying to guess at how each unusual case is handled?</p>