July 2017

Financial Aid

Middle Class Scholarship Program: Recipients and Spending by Segment

  Recipients Spending Average
Award
Maximum Awarda
2015-16 Actual        
California State University         41,327  $33,706,984  $816  $1,092
University of California           7,948         10,213,304           1,285           2,448
   Totals         41,327  $43,920,288  1,051  
2016-17 Revised        
California State University         43,000  $53,534,722  $1,245  $1,641
University of California           8,800         17,865,114           2,030           3,688
   Totals         51,800  $71,399,836  1,638  
2017-18 Estimated        
California State University         45,000  $77,157,396  $1,724  $2,298
University of California           9,150         25,462,398           2,829           5,052
   Totals       54,150 $102,619,794b  2,277  
Note: Reflects California Student Aid Commission estimates.
aStudents with household income less than or equal to $100,000 receive the maximum award. Students with household income of $100,000 to $156,000 receive an award that is graduated downward for each $1,000 increase in income.
bThe 2017-18 Budget Act provides $96 million for the program based on Department of Finance estimates.