2016-17 Cal Grant Income and Asset Ceilings

Here are the 2016-17 Cal Grant income and asset ceilings. The Cal Grant is income, asset and GPA based. Check the respective family size. The income includes taxable (adjusted gross income) and non-taxable income (i.e. pre-tax contributions towards retirement accounts).

Common Mistake: parents assume it’s just their taxable income they take into account.

You need to be below the income ceiling for the family household size and below the “countable asset” ceiling for the household assets. (all non-retirement, personal assets: checking, savings, stocks, bonds, mutual funds, money market accounts, CDs, 529s, equity of any investment properties).

Other items to complete in order to qualify for the Cal Grant:

1. Submit the FAFSA before March 2nd.

2. Ask your child’s high school counselor to submit their GPA verification form to the California Aid Commission before the March 2nd deadline.

3. Create an account to check your student’s Cal Grant Status: https://mygrantinfo.csac.ca.gov/

2016-17_income_and_asset_ceilings

College Planning Source

College Planning Source

Leave a Replay

Get The Latest Updates

Subscribe To Our Newsletter

  • This field is for validation purposes and should be left unchanged.

Helping Families with their Educational and Financial Future

Learn more about College Planning, including resources on Admissions, College Funding, and Financial aid. Reserve a webinar spot today.

COLLEGE PLANNING SOURCE
NOTIFICATION ABOUT
CORONAVIRUS COVID-19

To ensure the safety of parents, students, and staff, we will be holding our student counseling meetings and our student workshops online. 
 
We will be conducting meetings via Zoom until further notice.
 
For upcoming scheduled meetings, our counselors will be contacting you directly regarding the Zoom meetings.
 
Our staff continues to work tirelessly to prepare our students and families for their college experience. If you are currently on break, get a head start now and take advantage of this time to start college planning. For any questions or concerns, please contact us at 858-676-0700.

 
SCHEDULE AN ONLINE CONSULTATION
close-link

GET FREE COLLEGE PLANNING INFO

Subscribe to our newsletter to receive the latest updates and helpful college resources!

Newsletter

  • This field is for validation purposes and should be left unchanged.
close-link
Scroll to Top