Berkeley Offers New Financial Aid for ‘Middle-Class’ Families

The University of California, Berkeley, is offering a new financial-aid program to help families whose gross annual income is $80,000 to $140,000 amid tuition increases and state funding cuts.

The contribution those families make toward the annual cost -- including tuition, fees and expenses, room, board and books - - would be capped at 15 percent of their earnings, according to a statement today.