July 2018

Financial Aid

Cal Grant Spending

(Dollars in Millions)

  2016-17
Actual		 2017-18
Revised		 2018-19
Enacted		 Change from 2017-18
Amount Percent
Total Spendinga $1,948 $2,172 $2,237 $65 3.0%
           
By Segment:          
University of California $891 $980 $1,009 $29 2.9%
California State University 666 758 772 14 1.9
Private nonprofit institutions 227 244 251 7 2.9
California Community Colleges 141 162 176 14 8.6
Private for-profit institutions 23 29 30 1 3.5
           
By Program:          
High School Entitlement $1,571 $1,772 $1,855 $84 4.7%
CCC Transfer Entitlement 217 227 212 -15 -6.7
Competitive 154 163 160 -4 -2.2
Cal Grant C 6 10 10 —b 2.2
           
By Award Type:          
Cal Grant A $1,094 $1,194 $1,234 $39 3.3%
Cal Grant B 847 968 993 26 2.6
Cal Grant C 6 10 10 —b 2.2
           
By Renewal or New:          
Renewal $1,326 $1,534 $1,565 $31 2.0%
New 622 638 672 34 5.4
           
By Funding Source:          
General Fund $1,018 $1,123 $1,165 $42 3.8%
Federal TANF 926 1,043 1,066 23 2.2
College Access Tax Credit Fund 4 6 6 —b 1.5
a Amounts differ slightly from actual spending due to modeling issues.  
b Less than $500,000.
TANF=Temporary Assistance for Needy Families.