July 2019
Financial Aid
California Student Aid Commission Budget
(Dollars in Millions)
| 2017-18 Actual |
2018-19 Revised |
2019-20 Enacted |
Change From 2018-19 | ||
| Amount | Percent | ||||
| Spending | |||||
| Local assistance | |||||
| Cal Grants | $2,105 | $2,266 | $2,557 | $291 | 13% |
| Middle Class Scholarships | 100 | 107 | 110 | 3 | 3 |
| Golden State Teacher Grant Program | — | — | 90a | 90 | — |
| Child Savings Account Grant Programb | — | — | 25a | 25 | — |
| Student Opportunity and Access Program | 8 | 8 | 18c | 10 | 127 |
| Chafee Foster Youth Program | 13 | 18 | 18 | —d | —d |
| Other programse | 8 | 8 | 4 | -4 | -49 |
| Subtotals | ($2,234) | ($2,407) | ($2,822) | ($415) | (17%) |
| State operations | $16 | $21 | $23 | $1 | 6% |
| Totals | $2,249 | $2,428 | $2,844 | $416 | 17% |
| Funding | |||||
| General Fund | $1,185 | $1,336 | $1,757 | $422 | 32% |
| Federal TANF | 1,043 | 1,066 | 1,060 | -6 | -1 |
| Other federal funds and reimbursements | 16 | 21 | 21 | —d | 1 |
| College Access Tax Credit Fund | 5 | 6 | 6 | — | — |
| a One time. | |||||
| b The 2019-20 budget also provides $25 million to the Scholarshare Investment Board for the California Kids Investment and Development Savings Program. | |||||
| c Consists of $8 million ongoing and $10 million one time. | |||||
| d Less than $500,000 or 0.5 percent. | |||||
| e Includes Assumption Program of Loans for Education, California Military Department GI Bill Awards, Cash for College, Child Development Teacher/Supervisor Grants, Every Kid Counts, John R. Justice Program, Law Enforcement Personnel Dependents Scholarships, and State Nursing Assumption Program of Loans for Education. | |||||
| TANF = Temporary Assistance for Needy Families. | |||||