Actually, the Blue and Gold Opportunity Plan for California residents means that financial aid grants will be at least the amount of UC systemwide tuition and fees. Even the maximum UC financial aid (without merit scholarships) leaves a student contribution of $8,500 to $10,000, depending on the campus.
Note also that the qualification is under $80,000 and have financial need. A high (non-home-equity) asset family or custodial parent may not qualify.