January 2019
California Student Aid Commission Budget
(Dollars in Millions)
2017-18 Actual | 2018-19 Revised | 2019-20 Proposed | Change from 2018-19 | ||
Amount | Percent | ||||
Spending | |||||
Local Assistance | |||||
Cal Grants | $2,105 | $2,271 | $2,560 | $289 | 12.7% |
Middle Class Scholarships | 100 | 103 | 106 | 3 | 2.8 |
Chafee Foster Youth Program | 13 | 18 | 18 | — | — |
Student Opportunity and Access Program | 8 | 8 | 8 | — | — |
Assumption Program of Loans for Education | 5 | 3 | 1 | -2 | -55.2 |
Other programsa | 3 | 6 | 3 | -2.9 | -47.8 |
Subtotals | ($2,234) | ($2,408) | ($2,696) | ($288) | (11.9%) |
State Operations | $16 | $21 | $22 | $0.9 | 4.1% |
Totals | $2,249 | $2,430 | $2,719 | $289 | 11.9% |
Funding | |||||
General Fund | $1,185 | $1,337 | $1,626 | $289 | 21.6% |
Federal TANF | 1,043 | 1,066 | 1,066 | — | — |
Other federal funds and reimbursements | 16 | 21 | 21 | —b | 0.1 |
College Access Tax Credit Fund | 5 | 6 | 6 | — | — |
a Includes Cash for College, Child Development Teacher/Supervisor Grants, Every Kid Counts, John R. Justice Program, Law Enforcement Personnel Dependents Scholarships, Military Department GI Bill Awards, and State Nursing Assumption Program of Loans for Education for Nursing Faculty. | |||||
b Less than $500,000 | |||||
TANF = Temporary Assistance for Needy Families. |