July 2020
Cal Grant Spending
(Dollars in Millions)
2018-19 Actual |
2019-20 Revised |
2020-21 Enacted |
Change From 2019-20 | ||
Amount | Percent | ||||
Total Spending | $2,118 | $2,394 | $2,435 | $41a | 1.7% |
By Segment: | |||||
University of California | $958 | $1,029 | $1,030 | $1 | 0.1% |
California State University | 745 | 843 | 872 | 29 | 3.4 |
Private nonprofit institutions | 241 | 260 | 266 | 5 | 2.1 |
California Community Colleges | 150 | 231 | 236 | 5 | 2.0 |
Private for-profit institutions | 23 | 30 | 32 | 2 | 7.4 |
Other public institutions | —b | —b | —b | —b | -11.8 |
By Program: | |||||
High School Entitlement | $1,740 | $1,869 | $1,886 | $16 | 0.9% |
CCC Transfer Entitlement | 215 | 231 | 231 | -1 | -0.3 |
Competitive | 153 | 280 | 307 | 27 | 9.8 |
Cal Grant C | 10 | 13 | 11 | -2 | -12.3 |
By Award Type: | |||||
Cal Grant A | $1,182 | $1,260 | $1,262 | $2 | 0.2% |
Cal Grant B | 925 | 1,121 | 1,162 | 41 | 3.6 |
Cal Grant C | 10 | 13 | 11 | -2 | -12.3 |
By Renewal or New: | |||||
Renewal | $1,473 | $1,663 | $1,686 | $22 | 1.3% |
New | 644 | 730 | 750 | 19 | 2.6 |
By Funding Source: | |||||
General Fund | $1,052 | $1,334 | $2,035 | $701 | 52.6% |
Federal TANF | 1,066 | 1,060 | 400 | -660 | -62.3 |
Notes: | |||||
a Does not include a $50 million increase budgeted for new Entitlement recipients expected to gain eligibility as a result of the recession. The segment these recipients will attend and the award type they will receive is not yet known. Also does not include an offsetting $5 million decrease in College Access Tax Credit (CATC) funds due to a projected decline in available revenues in the account. | |||||
b Less than $500,000 or 0.05 percent. | |||||
Data reflect California Student Aid Commission estimates. | |||||
Figure does not include CATC funds. The 2020-21 Budget Act provides $782,000 in CATC funds to supplement awards for Cal Grant B recipients. | |||||
Some categories do not sum to totals because of rounding. | |||||
TANF = Temporary Assistance for Needy Families. |