May 2021

Financial Aid

Comparing Funding for the California Student Aid Commission Under Governor's Budget and May Revision

2021-22 (In Millions)

  Governor's Budget May Revision Change
Fund Sources    
General Fund      
Ongoing $2,305 $2,192 -$112
One time 101 501 400
Subtotals ($2,406) ($2,693) ($288)
American Rescue Plana $1,000 $1,000
Federal TANF $400 400
Other funds and reimbursements 21 21
College Access Tax Credit Fund b b b
Totals $2,827 $4,115 $1,288
a Consists of funds from the federal Coronavirus State Fiscal Recovery Fund.
b Less Than $500,000
TANF = Temporary Assistance for Needy Families