January 2018

Financial Aid

Cal Grant Spending

(Dollars in Millions)

  2016-17 Actual 2017-18 Revised 2018-19 Proposed Change from 2017-18
  Amount Percent
Total Spending $1,948 $2,090 $2,162 $71 3%
By Segment:          
University of California $891 $957 $988 $31 3%
California State University 666 718 738 20 3
Private nonprofit institutions 227 234 239 5 2
California Community Colleges 141 154 162 9 6
Private for-profit institutions 23 28 30 2 6
By Program:          
High School Entitlement $1,571 $1,697 $1,779 $82 5%
CCC Transfer Entitlement 217 222 212 -10 -5
Competitive 154 162 155 -7 -4
Cal Grant C 6 10 10 0 4
By Award Type:          
Cal Grant A $1,094 $1,170 $1,214 $44 4%
Cal Grant B 847 910 932 22 2
Cal Grant C 6 10 10 0 4
By Renewal or New:          
Renewal $1,326 $1,459 $1,494 $35 2%
New 622 632 662 31 5
By Funding Source:          
General Fund $1,017 $1,041 $1,113 $71 7%
Federal TANF 926 1,043 1,043 0 0
College Access Tax Credit Fund 5 6 6 0 8
TANF = Temporary Assistance for Needy Families.