January 2020
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. |