How is this based on Mage: The Awakening? I don't see any similarities. In fact, it looks like it's almost exactly the opposite. M:tA mages can create any magical effect they can imagine, if it's in an area they're skilled in, while this mage is even more severly restricted than the sorcerer, and would probably be a one-trick-pony in play.
I don't see why anyone would choose to play one of these when they could play a wizard or sorcerer instead. At 20th level, it will be able to use magical powers less than 20 times per day. (Less than 20, because the mage feats cost mage points to take, and almost all the class abilities and mage feats cost mage points to use). Compare that to a sorcerer, who at 20th level will have 7 9th level spells/day, 7 8th level spells,7, 7th level spells, and even more lower level spells, and will have a much broader list of spells known to choose from.