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July 2018

Financial Aid

California Student Aid Commission Budget

(Dollars in Millions)

   2016-17 Actual 2017-18 Revised 2018-19 Enacted Change From 2017-18
Amount Percent
Spending          
Local assistance          
Cal Grants $1,947 $2,172 $2,238 $66 3.1%
Middle Class Scholarships 71 100 101 2 1.6
Chafee Foster Youth Program 13 14 19 4 29.9
Student Opportunity and Access Program 8 8 8 a 2.3
Assumption Program of Loans for Education 10 7 5 -2 -27.0
National Guard Education Assistance Awards 2 2 2
Other programsb 1 4 1 -3 -80.1
Subtotals ($2,053) ($2,307) ($2,374) ($67) (2.9%)
State operations $16 $16 $21 $5 31.2%
Totals $2,079 $2,323 $2,395 $72 3.1%
           
Funding          
General Fund $1,122 $1,256 $1,302 $46 3.6%
Federal TANF 926 1,043 1,066 23 2.2
Other federal funds and reimbursements 17 18 22 4 23.3
College Access Tax Credit Fund 4 6 6 a 1.5
a Less than $500,000.
b Includes Cash for College, Child Development Teacher/Supervisor Grants, Graduate Assumption Program of Loans for Education, John R. Justice Program, Law Enforcement Personnel Dependents Scholarships, and State Nursing Assumption Program of Loans for Education For Nursing Faculty.
TANF = Temporary Assistance for Needy Families.