… Pell Grant provides gift aid assistance to undergraduates who have not yet earned a baccalaureate or first professional degree and who demonstrate financial need. Awards are based on your Student Aid Index (SAI), as calculated by the results of … to receive the CCPG. Since this is a waiver, there are no actual funds to disburse. … Cal Grants … Students must meet the general eligibility requirements in addition to the following criteria for the Cal Grant Programs: Be a California resident … at qualifying institutions offering baccalaureate degree programs. If you receive a Cal Grant A but are enrolled in an associate degree, transfer, or Certificate of Achievement program, your award will be held in reserve for up to three years …