<p>Ok, 3 people in family. We don’t have our own house. In 2004 my parents made $29k. Somehow this year we made $59k. We have to pay $14k in taxes, but anyways. What approximate fin. package should I expect from my college (UC Davis)? Am I eligible for Cal Grant A? And is it a good idea to send to fin. office documents from 2004 showing them that we are not rich and we are “low” middle class? Thanks a lot</p>
<p>If your family is paying that much in Fed taxes, excluding Social Security and Medicare taxes, then you need to investigate getting a tax program.
You wonder what has this have to do Cal A/B…If you can’t manage money, then you learn How to Manage money.</p>
<p>We pay that big taxes this year because my stepdad is self-employer. Our own tax is just 5,100, but he has to pay additional 9,000 because of some self-employer tax or something like that. But that’s not the question</p>
<p>Didn’t I answer this in another thread? And you already have your EFC calculated, right?</p>
<p>Once you know your EFC, go to College Board, look up UC Davis, click on financial info, and see what % of need they typically meet, and what portion of their aid packages is typically loans vs. work study vs. grants.</p>
<p>You can go to Cal Grant’s site and see if you meet the threshold for a Cal Grant-- but Davis will likely just reduce their University Grant by the Cal Grant amount if you’re eligible.</p>