January 2020

Financial Aid

California Student Aid Commission Budget

(Dollars in Millions)

  2018-19
Actual
2019-20
Revised
2020-21
Proposed
Change From 2019-20
Amount Percent
Spending          
Local assistance          
Cal Grants $2,122 $2,416 $2,513 $97 4%
Middle Class Scholarships 104 110 110
Chafee Foster Youth Program 17 18 18
Student Opportunity and Access Program 8 18 8 -10 -56
Other ongoing programsa 5 4 3 -1 -13
One-time initiativesb 3 113 0 -113 -100
Subtotals $2,259 $2,678 $2,652 -$26 -1%
State operations 20 27 30 3 11%
Totals $2,280 $2,705 $2,682 -$23 -1%
           
Funding          
General Fund $1,189 $1,619 $1,656 $38 2%
Federal TANF 1,066 1,060 1,000 -60 -6
Other federal funds and reimbursements 19 21 21
College Access Tax Credit Fund 5 6 5 -1 -12
           
a Includes Assumption Program of Loans for Education, California Military Department GI Bill Awards, Cash for College, John R. Justice Program, Law Enforcement Personnel Dependents Scholarships, and State Nursing Assumption Program of Loans for Education For Nursing Faculty.
b Includes Child Savings Account Grant Program, Every Kid Counts, and Golden State Teacher Grant Program.
TANF = Temporary Assistance for Needy Families.