What is a Cal Grant B stipend?

Cal Grant B: awarded to students from disadvantaged/low-income families. First year Cal Grant B recipients are awarded a monthly stipend for living expenses. In subsequent years, Cal Grant B recipients will receive tuition and fee assistance in addition to the monthly stipend.

How much money does Cal Grant B give you?

Cal Grant A – $8,056: This amount will be applied toward the tuition and fees of the school. Cal Grant B (freshman year) – $1,656: You can use your $1,656 access award amount as a living allowance to help pay for books and other college costs.

Do you have to pay back Cal Grant B stipend?

A grant is money that you don’t need to pay back. You apply for all Cal Grants – there are multiple types — when you complete your Free Application for Federal Student Aid (FAFSA) or California Dream Act application and have your high school provide a verified grade point average (GPA) to CSAC.

How do I get the Cal Grant B money?

Eligibility Requirements

1. submit the FAFSA or CADAA application and your verified Cal Grant GPA by the deadline.
2. be a U.S. citizen or eligible noncitizen or meet AB540 eligibility criteria.
3. be a California resident for 1 year.
4. attend a qualifying California college.
5. not have a bachelor’s or professional degree.

How much does Cal Grant B pay per year?

Cal grant B is a grant that pays a stipend of $1,665 per academic year for the first year of eligibility and $7,128 for the following years. Eligibility is based on GPA, parents’ highest educational level and marital status and financial aid criteria as determined by CSAC…

What do you do with your Cal grant money?

Cal Grant A – $12,570: This amount will be applied toward the systemwide tuition and fees of the school. Cal Grant B (freshman year) – $1,656: You can use your $1,656 access award amount as a living allowance to help pay for books and other college costs.

How long does the Cal Grant a last?

For subsequent years, a student may receive the stipend, plus tuition equal to the Cal Grant A, for a total of four years. If you attend a California community college, your Cal Grant A is held on reserve until transfer.

What are the Cal Grant award amounts-California student?

Cal Grant B (any other year) – $7,398: This amount includes the access award amount (described above) and an additional amount to cover the systemwide tuition and fees. ($1,656+$5,742= $7,398) Cal Grant C : Not an available award at this type of institution.