Over 350,000 students could see grants worth $3,000 this fall to go toward their high education through a grant program.
A $632 million dollar plan has been in the works that would go toward the California’s Middle Class Scholarship 2.0 program.
The money would be added to the budget for California and go toward financing students and their education.
The bill was approved by the Higher Education Committee but still needs other approvals.
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The state’s budget deadline is June 15, 2022.
If passed, this grant program would benefit 246,000 California State University students and 114,000 University of California students.
Community college students are not eligible.
Middle and low income students will benefit from the grant program.
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Grants will be worth between $1,000 and $3,000.
Students that come from homes with higher incomes will probably see more in grant money because they get less financial assistance.
This program is based on the Middle Class Scholarship program.
Middle Class Scholarship grant program eligibility requirements
- Family income cannot exceed $191,000
- California state resident attending University of California or California State University
- U.S. citizen, permanent resident, or AB 540 student status
- Meet income standards
- Maintain academic progress
- No default on student loans
- Cannot be in jail or prison
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