73,000 State University Students Awarded Middle Class Scholarship Funds
Despite concerns that California’s new Middle Class Scholarship program awards would have to be reduced because of high demand, officials said Monday that there was plenty of money to fully fund all the eligible applicants.
Nearly 73,000 state university students were notified Monday that they would receive the tax-funded tuition credits — about half the number projected several months ago.
The average awards for the 2014-15 school year will be $1,112 for those enrolled at the University of California and $627 for those in the Cal State system, according to Patti Colston, a spokeswoman for the California Student Aid Commission. On a scale that decreases as students’ incomes rises, the largest grants were $1,710 and the smallest $90, she said.