http://financialaid.berkeley.edu/sites/default/files/docs/forms/RC_Tenure_Contract_2016-17.pdf
http://financialaid.berkeley.edu/sites/default/files/docs/forms/RC_Tenure_Contract_OOS_2016-17.pdf
UCB Regents’ scholarship in-state is $2,500 or need-based award based on FAFSA need.
UCB Regents’ scholarship out-of-state is $25,000 or need-based award based on FAFSA need.
It looks like the intent is to cover out-of-state additional tuition when meeting FAFSA need, or bring the price down to close to in-state levels for out-of-state students without FAFSA need, although the wording suggests that the scholarship may be less if there are budget issues. For in-state students with financial need, the likely effect is to replace the usual ~$8,000 of student loan and work expectation with scholarship money.
Earning a Regents’ scholarship at UCB should be seen as a high reach.