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Is this Cal's attempt to separate itself from UCLA in ranking?
(Out-of-state students, who make up 30 percent of Berkeley’s freshman class this year, will get comparable discounts on the first $32,000 of tuition and fees, but still have to pay an additional $23,000.)
Berkeley’s definition of middle-class in creating its new financial aid program is a family with income between $80,000 and $140,000 a year. On top of the parental contribution of 15 percent of income, students would also have to pay about $8,000 per year — generally a combination of loans, work-study and private scholarships.
So, a family who makes $120k will pay $18k for the $15% plus $8k....which is $26k.
In-state tuition and fees: $12,835
Room and board:............ $14,990
Books and supplies:........ $1,202
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Basic costs................about $29k
COA..........................about $32k
I'm guessing that they also are assuming a family situation with modest assets with this proposal.
Are they considering the number of kids in college???? If not, this is as flawed as Blue and Gold.
I'm guessing that they won't consider int'l students as OOS?
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