July 2020
California Student Aid Commission Budget
(Dollars in Millions)
2018-19 Actual |
2019-20 Revised |
2020-21 Enacted |
Change From 2019-20 | ||
Amount | Percent | ||||
Spending | |||||
Local assistance | |||||
Cal Grants | $2,122 | $2,400 | $2,486 | $87 | 3.6% |
Middle Class Scholarships | 104 | 117 | 117 | — | — |
Emergency aid for undocumented studentsa | — | — | 15 | 15 | N/A |
Golden State Teacher Grant Program | — | — | 15 | 15 | N/A |
Student Opportunity and Access Program | 8 | 18 | 8 | -10 | -55.9 |
College savings accountsb | 3 | 10 | — | -10 | -100.0 |
Other programsc | 23 | 22 | 21 | -1 | -2.7 |
Subtotals | ($2,259) | ($2,565) | ($2,662) | ($96) | (3.8%) |
State operations | $20 | $27 | $23 | -$4 | -14.2% |
Totals | $2,280 | $2,592 | $2,685 | $93 | 3.6% |
Funding | |||||
General Fund | $1,189 | $1,506 | $2,248 | $742 | 49.3% |
Federal TANF | 1,066 | 1,060 | 400 | -660 | -62.3 |
Other federal funds and reimbursements | 19 | 21 | 36 | 15 | 72.9 |
College Access Tax Credit Fund | 5 | 6 | 1 | -5 | -86.1 |
a Supported by unspent 2019-20 and 2020-21 funds redirected from California Dreamer Service Incentive Grants. | |||||
b The 2019-20 Budget Act also provided $25 million one time to the Scholarshare Investment Board for the California Kids Investment and Development Savings Program. | |||||
c Includes Assumption Program of Loans for Education, California Military Department GI Bill Awards, Cash for College, Chafee Foster Youth Program, John R. Justice Program, Law Enforcement Personnel Dependents Scholarships, and State Nursing Assumption Program of Loans for Education. | |||||
TANF = Temporary Assistance for Needy Families. |