Existing aid program for middle Sample Clauses

Existing aid program for middle class families. The state’s Middle-Class Scholarship program provides grant aid to undergraduate students enrolled in the University of California (UC), the California State University (CSU) or a community college who is enrolled in a B.A. pilot program with family incomes of up to $150,000 and household assets of up to $156,000. The scholarship amount is limited to no more than 40 percent of the UC or CSU, California Community Colleges (CCC) mandatory system-wide tuition and fees. The individual award amount is determined after any other publicly-funded financial aid is received. In addition, grant recipients must be a California resident, or have AB 540 status; not be incarcerated; not be in default on a student loan; maintain a 2.0 GPA. According to the California Student Aid Commission, over 49,000 MCS grants were paid during the 2015-16 academic year which resulted in a 94.2 percent paid rate.
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