January 2026

Financial Aid

California Student Aid Commission Budget

(Dollars in Millions)

  2024-25 Actual 2025-26 Revised 2026-27 Proposed Change From 2025-26
Amount Percent
Spending          
Local assistance          
Cal Grants $2,496 $2,898 $3,235 $337 11.6%
Middle Class Scholarshipsa 1,009 1,054 1,054
Golden State Teacher Grantsb 93 61 14 -47 -76.5
California College of the Artsb 3 20 -20 -100.0
California Indian Nations Collegeb 10 -10 -100.0
Other programs 40 40 40 0.3 0.8
Technical adjustment 16 4 -12 -77.6
Subtotals ($3,640) ($3,045) ($4,348) ($1,303) (42.8%)
State operations $26 $26 $28 $2 6.3%
Totals $3,666 $3,071 $4,375 $1,304 42.5%
Funding          
General Fund $3,244 $2,649 $3,954 $1,305 49.2%
Ongoing (2,646) (2,556) (3,398) (842) (32.9)
One-timec (598)d (93) (556) (463) (496.7)
Federal TANF 400 400 400
Other funds and reimbursements 22 22 21 -0.2 -0.7
 
a Starting in 2025-26, the Middle Class Scholarship program is funded one year in arrears.
b One-time initiatives.
c Includes one-time funding for Middle Class Scholarship.
Includes carryover funds used to support 2024-25 spending.
TANF = Temporary Assistance for Needy Families.